Reliability Standards Sample Clauses

Reliability Standards. Seller shall operate the Facility in manner that complies with all national and regional reliability standards, including standards set by NERC, FERC, and any other Governmental Authority, or any successor agencies setting reliability standards for the operation of generation facilities. To the extent that Seller or the Facility contributes in whole or in part to actions that result in monetary penalties being assessed to Buyer by NERC or any successor agency, for lack of compliance with reliability standards, Seller shall reimburse Buyer for its share of such monetary penalties.
AutoNDA by SimpleDocs
Reliability Standards. The Corporation shall:
Reliability Standards. It shall be the duty of the Management Committee, after review of reports or actions of the System Operator and the Market Reliability Planning Committee and Regional Transmission Planning Committee and such other matters as the Management Committee deems pertinent, to establish or approve proper standards of reliability for the bulk power supply of NEPOOL. Such standards shall be consistent with the directives of the North American Electric Reliability Council and the Northeast Power Coordinating Council and shall be reviewed periodically by the Management Committee and revised as the Management Committee deems appropriate.
Reliability Standards. Without limiting the generality of Section 5.1, the Service Provider shall comply with all Alberta Reliability Standards and all ISO Rules, as amended, supplemented, replaced or otherwise modified from time to time.
Reliability Standards. It shall be the duty of the Participants Committee, after review of reports, recommendations and actions of the System Operator and the Reliability Committee and such other matters as the Participants Committee deems pertinent, to establish or approve Reliability Standards for the bulk power supply of NEPOOL. Such Reliability Standards shall be consistent with the directives of NERC and the NPCC and shall be reviewed periodically by the Participants Committee and revised as the Participants Committee deems appropriate.
Reliability Standards. 3.4.1 Each Party agrees to notify the other Party as far in advance as reasonably practicable of any FERC, NERC or WECC audit, investigation or spot-check of compliance with Applicable Reliability Standards pertaining to services under this Agreement. Each Party agrees to timely cooperate with the other Party in the event that a Party is subject to such an audit, investigation or spot-check by timely providing any supporting evidence in its possession that may requested by the other Party to demonstrate compliance to a reviewing authority. During an on-site audit or investigation, each Party shall provide the other Party with such supporting evidence to assist with responses to data requests no later than one
Reliability Standards. 21.1.1 Each Party will maintain responsibility to comply, at its own expense, with NERC and Regional Entity mandatory Reliability Requirements applicable to the facilities owned by the Party. The Parties agree to share data or documentation as may be required to demonstrate compliance with Reliability Requirements where an individual Party has possession of data or documentation necessary for the other Party to demonstrate compliance.
AutoNDA by SimpleDocs
Reliability Standards. Seller shall operate the BPA Wind Turbines in a manner that complies with the operating requirements set forth in the Interconnection Facilities Agreement.
Reliability Standards. Reliability standards are defined for the following four major network segments as shown in Figure 1. These standards encompass:
Reliability Standards. Seller shall operate the Exchange Resource in a manner that complies with the reliability standards that apply to geothermal electric generation facilities, including standards set by the Transmission Operator, NERC, WECC, and FERC, or any successor agencies setting reliability standards for the operation of such generation facilities. To the extent that Seller does not operate the Exchange Resource in accordance with such standards and Seller’s performance results in monetary penalties being assessed against Seller, the Exchange Resource or Purchaser by the Transmission Operator, NERC, WECC, or FERC, as between Purchaser and Seller, Seller shall be solely responsible for paying any such monetary penalties.
Time is Money Join Law Insider Premium to draft better contracts faster.