Examples of Network Upgrade in a sentence
As soon as reasonably practicable after the Effective Date, the Transmission Developer and Connecting Transmission Owner shall exchange information, and provide NYISO the same information, regarding the design and compatibility of the Transmission Project and Network Upgrade Facilities and the compatibility of the Transmission Project and Network Upgrade Facilities with the New York State Transmission System, and shall work diligently and in good faith to make any necessary design changes.
Prior to the In-Service Date of the Transmission Project or Network Upgrade Facilities, as applicable, the Transmission Developer and/or Connecting Transmission Owner shall test: (i) the Network Upgrade Facilities in accordance with Connecting Transmission Owner’s specifications and subject to Connecting Transmission Owner’s oversight and approval, and (ii) the Transmission Project to ensure safe and reliable operation, as such responsibilities are specified in Appendices A and B of this Agreement.
For the re-payment of amounts advanced to Affected System Operator for Network Upgrade Facilities, the Transmission Developer and Affected System Operator shall enter into an agreement that provides for such re-payment, but only if responsibility for the cost of such Network Upgrade Facilities is not to be allocated in accordance with the Facilities Study report.
Transmission Developer and Connecting Transmission Owner shall each notify the other Party, and the NYISO, in advance of its performance of tests of the Transmission Project and Network Upgrade Facilities.
If an outage on the Transmission Project or Network Upgrade Facilities adversely affects the other Party’s operations or facilities, the Party that owns the facility that is out of service shall use Reasonable Efforts to promptly restore such facility(ies) to a normal operating condition consistent with the nature of the outage.
Upon the successful acceptance by the Connecting Transmission Owner, turnover to the Connecting Transmission Owner, commissioning, and energization of any Network Upgrade Facility, the Security shall be reduced on a dollar-for- dollar basis for payments made to Connecting Transmission Owner for the purpose of performing engineering design, constructing, procuring, and installing of such Network Upgrade Facility.
The Connecting Transmission Owner shall be responsible for all reasonable expenses including overheads, associated with owning, operating, maintaining, repairing, and replacing the Network Upgrade Facilities.
The Transmission Developer will keep the NYISO and Connecting Transmission Owner advised periodically as to the progress of the design, procurement and construction efforts of the Transmission Project and Network Upgrade Facilities.
Transmission Developer and Connecting Transmission Owner shall coordinate with NYISO prior to performing the testing of the Transmission Project and Network Upgrade Facilities and prior to the facilities entering into service.
Connecting Transmission Owner shall maintain its transmission facilities, including the Network Upgrade Facilities, in a safe and reliable manner and in accordance with this Agreement.