Ongoing Review and Revisions. As set forth in Section 35.7, the Parties have agreed to the coordination and exchange of data and information under this Agreement to enhance system reliability and efficient market operations as systems exist and are contemplated as of the Effective Date. The Parties expect that these systems and the technology applicable to these systems and to the collection and exchange of data will change from time to time throughout the term of this Agreement. The Parties agree that the objectives of this Agreement can be fulfilled efficiently and economically only if the Parties, from time to time, review and, as appropriate, revise the requirements stated herein in response to such changes, including deleting, adding, or revising requirements and protocols. Each Party will negotiate in good faith in response to such revisions the other Party may propose from time to time. Nothing in this Agreement, however, shall require any Party to reach agreement with respect to any such changes, or to purchase, install, or otherwise implement new equipment, software, or devices, or functions, except as required to perform this Agreement.

Ongoing Review and Revisions. MISO and SPP will use this Joint Operating Agreement, to the extent applicable, for the coordination of Transmission Service Provider, BA, RC and other functions for which they may have registered in the NERC Compliance Registry. The Parties have agreed to the coordination and exchange of data and information under this Agreement to ensure system reliability and efficient market operations as systems exist and are contemplated as of the Effective Date. The Parties expect that these systems and technology applicable to these systems and to the collection and exchange of data will change from time to time throughout the term of this Agreement. The Parties agree that the objectives of this Agreement can be fulfilled efficiently and economically only if the Parties, from time to time, review and as appropriate revise the requirements stated herein in response to such changes, including deleting, adding, or revising requirements and protocols. Each Party will negotiate in good faith in response to such revisions the other Party may propose from time to time.

Ongoing Review and Revisions. The Parties have agreed to the terms and conditions of this Agreement as their respective systems exist and are contemplated as of the Effective Date. The Parties expect that these systems and technology applicable to those systems and to the collection and exchange of data will change from time to time throughout the term of this Agreement, including changes to the boundaries of PJM in its capacity as an RTO, changes to the boundaries of, or identities of, Balancing Authorities for which a Party serves as Reliability Coordinator, and changes to the Balancing Authorities included in the security constrained, bid-based economic dispatch markets administered by PJM. The Parties agree that the objectives of this Agreement can be fulfilled only if the Parties, from time to time, review and, as appropriate, revise the requirements stated herein in response to changes, including deleting, adding, or revising requirements and protocols. Each Party shall negotiate in good faith in response to such revisions the other Parties may propose from time to time. Nothing in this Agreement, however, shall require any Party to reach agreement with respect to any such changes, or to purchase, install, or otherwise implement new equipment, software, or devices, or functions except as required to perform this Agreement. ARTICLE FOUR -

Ongoing Review and Revisions. The Parties have agreed to the coordination and exchange of data and information under this Agreement to ensure system reliability and efficient market operations as systems exist and are contemplated as of the Effective Date. The Parties expect that these systems and technology applicable to these systems and to the collection and exchange of data will change from time to time throughout the term of this Agreement. The Parties agree that the objectives of this Agreement can be fulfilled efficiently and economically only if the Parties, from time to time, review and as appropriate revise the requirements stated herein in response to such changes, including deleting, adding, or revising requirements and protocols. Each Party will negotiate in good faith in response to such revisions the other Party may propose from time to time.

Ongoing Review and Revisions. The Parties have agreed to the coordination and exchange of data and information under this Agreement to enhance system reliability and efficient market operations as systems exist and are contemplated as of the Effective Date. The Parties expect that these systems and technology applicable to these systems and to the collection and exchange of data will change from time to time throughout the term of this Agreement, including changes to the boundaries of a Party in its capacity as an RTO, changes to the boundaries of, or identities of, Control Areas for which a Party serves as Reliability Coordinator, changes in response to findings and recommendations of the United States Department of Energy or NERC concerning the outage of August 14, 2003, and changes upon the commencement of Phase 2, Market to Market implementation. The Parties agree that the objectives of this Agreement can be fulfilled efficiently and economically only if the Parties, from time to time, review and as appropriate revise the requirements stated herein in response to such changes, including deleting, adding, or revising requirements and protocols. Each Party will negotiate in good faith in response to such revisions the other Party may propose from time to time.

Ongoing Review and Revisions. The Parties have agreed to the terms and conditions of this Agreement as their respective systems exist and are contemplated as of the Effective Date. The Parties expect that these systems and technology applicable to those systems and to the collection and exchange of data will change from time to time throughout the term of this Agreement, including changes to the boundaries of a Party in its capacity as an RTO or BA, changes to the boundaries of, or identities of, BAs for which a Party serves as RC, changes or additions to transmission facilities for which the Party is a TOP, and changes to the BAs included in the security constrained, bid-based economic dispatch markets administered by PJM. The Parties agree that the objectives of this Agreement can be fulfilled only if the Parties, from time to time, review and, as appropriate, revise the requirements stated herein in response to changes, including deleting, adding, or revising requirements and protocols. Each Party shall negotiate in good faith in response to such revisions the other Parties may propose from time to time. Nothing in this Agreement, however, shall require a Party to reach agreement with respect to any such changes, or to purchase, install, or otherwise implement new equipment, software, or devices, or functions except as required to perform this Agreement.

Ongoing Review and Revisions. The Parties have agreed to the coordination and transfer of data and information under this Agreement to ensure system reliability and efficient transmission service as systems exist and are contemplated as of the Effective Date. The Parties expect that these systems and technology applicable to these systems and to the collection and transfer of data will change from time to time throughout the term of this Agreement. The Parties agree to periodically review, and as appropriate, revise the requirements stated herein in response to such changes, including deleting, adding, or revising requirements in the Protocols and business practices.

Ongoing Review and Revisions Sample Clauses

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