Examples of Default Service SMA in a sentence
Terms used but not defined herein shall have the meanings ascribed to them in the Default Service SMA.
Each of PARTY A and PARTY B acknowledge and agree that this Declaration shall terminate upon the termination of the Default Service SMA in accordance with its terms.
Any capitalized term not defined herein or in the Default Service SMA shall have the meaning assigned under the PJM Agreements.
To this end, within thirty (30) calendar days prior to the termination of the Default Service SMA in accordance with its terms or as soon thereafter as is practicable, either PARTY A or PARTY B will provide written notice to PJM of the termination of this Declaration.
An applicant must certify that as an RFP Bidder it agrees to be bound by the price quotes entered on any Bid Proposal Spreadsheet(s) submitted by the RFP Bidder, which shall constitute a firm offer to supply service in accordance with the Default Service SMA.
It is only a summary and is subject to and qualified in its entirety by the Default Service SMA, incorporated hereto as Appendix 1.
In addition, as a requirement of any Bid Proposal, each RFP Bidder submitting a Bid for a product for a Customer Group must accept the obligations and associated rights to provide Default Service defined in the Default Service SMA.
Products under the Default Service SMA will be referred to as “Fixed Price Products” for the Residential and Small C&I Customer Groups and “Spot Market Products” for the Large C&I Customer Group.
PECO will not be liable to any RFP Bidder or any other party for failure to execute a Default Service SMA or any Transaction Confirmation.
Other exhibits of the Default Service SMA either are samples or are documents that do not need to be completed until execution of the Transaction Confirmation form.