18D Merchant Network Upgrades Sample Clauses
The '18D Merchant Network Upgrades' clause defines the obligations and procedures related to upgrading the merchant's network infrastructure within the scope of the agreement. Typically, this clause outlines the circumstances under which network upgrades must be performed, who is responsible for the associated costs, and the process for scheduling and implementing such upgrades. For example, it may specify that the merchant must upgrade their payment processing systems to remain compatible with new technologies or security standards. The core function of this clause is to ensure that the merchant's network remains current and capable of supporting evolving operational or security requirements, thereby minimizing disruptions and maintaining compliance.
18D Merchant Network Upgrades. Merchant A.C. Transmission Facilities that are additions to, or modifications or replacements of, physical facilities of the Interconnected Transmission Owner that, on the date of the pertinent Transmission Interconnection Customer’s Interconnection Request, are part of the Transmission System or are included in the Regional Transmission Expansion Plan.
18D Merchant Network Upgrades. “Merchant A.
18D Merchant Network Upgrades. Merchant A.C. Transmission Facilities that are additions to, or modifications or replacements of, physical facilities of the Interconnected Transmission Owner that, on the date of the pertinent Transmission Interconnection Customer’s Interconnection Request, are part of the Transmission System or are included in the Regional Transmission Expansion Plan.
1. 18E Merchant Transmission Facilities: A.C. or D.C. transmission facilities that are interconnected with or added to the Transmission System pursuant to Part IV and Part VI of the Tariff and that are so identified on Attachment T to the Tariff, provided, however, that Merchant Transmission Facilities shall not include (i) any Customer Interconnection Facilities, (ii) any physical facilities of the Transmission System that were in existence on or before March 20, 2003 ; (iii) any expansions or enhancements of the Transmission System that are not identified as Merchant Transmission Facilities in the Regional Transmission Expansion Plan and Attachment T to the Tariff, or (iv) any transmission facilities that are included in the rate base of a public utility and on which a regulated return is earned.