Examples of Responsible Utility in a sentence
Notwithstanding anything in this Agreement to the contrary, invoices either due or from the RMR Owner or Responsible Utility for an amount less than $10.00 will be adjusted to $0.00 and no amounts will be due to or from that RMR Owner or Responsible Utility for that invoice.
The other commercial bank account, the “Responsible Utility Facility Trust Account”, shall be held in trust by CAISO for the Responsible Utility.
Payments received by CAISO from a Responsible Utility in connection with this Agreement, including payments following termination of this Agreement, will be deposited into the RMR Owner Facility Trust Account and payments from CAISO to Owner will be withdrawn from such Account, all in accordance with Sections 11.13 and 41 of the CAISO Tariff and this Article 9.
After Capital Items and Repairs aggregating $5,000,000 for the Facility in a Contract Year have been approved by CAISO, CAISO’s approval of all other Capital Items and Repairs for that Contract Year shall not be effective unless the Responsible Utility has consented to such Capital Item or Repair.
Any payments to a Responsible Utility of funds received from Owner under this Agreement will be withdrawn from the Responsible Utility Facility Trust Account, all in accordance with Section 11.13 and 41 of the CAISO Tariff, and this Agreement.
Within 30 days after the end of each six-month period, Owner shall provide CAISO and the Responsible Utility with its determination of Field Capacity, including all information necessary to validate that determination.
Neither the RMR Owner Facility Trust Account nor the Responsible Utility Facility Trust Account shall have other funds commingled in it at any time.
Any payments received by CAISO from Owner in connection with this Agreement, including payments following termination of this Agreement, will be deposited into the Responsible Utility Facility Trust Account.
Forecasts Of CAISO’s Requirements Not later than November 15 of each year, CAISO shall provide Owner and the Responsible Utility with a non-binding forecast representing CAISO’s then current best estimate of the monthly MWh, monthly peak day MW, and monthly Service Hours that CAISO will require each Unit to provide each month during the ensuing Contract Year (“Annual Forecast”).
Facility Trust Accounts CAISO shall establish two segregated commercial bank accounts under the “Facility Trust Account” referred to in Sections 11.13 and 41 of the CAISO Tariff for each Responsible Utility.