Activity breakdown Sample Clauses

Activity breakdown. As stated in paragraph 2.1 above, the purpose of the Framework Agreement is the provision of support to CERA in matters related to electricity tariffs, required income, and separated regulatory accounts of the electricity market, and specifically:  The review and approval of electricity tariffs for each year of the remainder of the regulatory period 2017-2021.  The review and amendments to the Required Income in the regulatory period 2017-2021 to be recovered by the regulated electricity tariffs on the basis of the regulatory framework in place. Required Income consists of controllable operating expenses, non- controllable operating expenses and a return on the Regulated Asset Base. All these elements will need to be evaluated by the Contractor during the review of the Required Income of the regulated activities of Generation, Transmission, Distribution and Supply of electricity of the Vertically Integrated Entity in Cyprus (EAC).  The review of the Separated Regulatory Accounts (SRAs) of the regulated entity and the assessment of the performance of each regulated activity of Generation, Transmission, Distribution, Supply of electricity.  Any other issues that might arise in relation to the financial and economic assessment of the regulated entities in the electricity market of Cyprus.  Any other issues that might arise in relation to regulated electricity tariffs in Cyprus. The Contractor, in completing each Work Order, needs to take into account all relevant legislative framework as well as relevant guidelines that CERA has issued. Detailed information on the reports, studies, financial statements, information and other inputs that need to be studied and the reports that will need to be issued in the scope of this Framework Agreement will be included in each Work Order.
Sample 1
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Related to Activity breakdown

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  • Planned Outages Seller shall schedule Planned Outages for the Project in accordance with Good Industry Practices and with the prior written consent of Buyer, which consent may not be unreasonably withheld or conditioned. The Parties acknowledge that in all circumstances, Good Industry Practices shall dictate when Planned Outages should occur. Seller shall notify Buyer of its proposed Planned Outage schedule for the Project for the following calendar year by submitting a written Planned Outage schedule no later than October 1st of each year during the Delivery Term. The Planned Outage schedule is subject to Buyer’s approval, which approval may not be unreasonably withheld or conditioned. Buyer shall promptly respond with its approval or with reasonable modifications to the Planned Outage schedule and Seller shall use its best efforts in accordance with Good Industry Practices to accommodate Xxxxx’s requested modifications. Notwithstanding the submission of the Planned Outage schedule described above, Seller shall also submit a completed Outage Notification Form to Buyer no later than fourteen (14) days prior to each Planned Outage and all appropriate outage information or requests to the CAISO in accordance with the CAISO Tariff. Seller shall contact Buyer with any requested changes to the Planned Outage schedule if Seller believes the Project must be shut down to conduct maintenance that cannot be delayed until the next scheduled Planned Outage consistent with Good Industry Practices. Seller shall not change its Planned Outage schedule without Buyer’s approval, not to be unreasonably withheld or conditioned. Seller shall use its best efforts in accordance with Good Industry Practices not to schedule Planned Outages during the months of July, August, September and October. At Buyer’s request, Seller shall use commercially reasonable efforts to reschedule Planned Outage so that it may deliver Product during CAISO declared or threatened emergency periods. Seller shall not substitute Energy from any other source for the output of the Project during a Planned Outage.

  • Uncontrollable Forces 12.1 Section 14.1 of the CAISO Tariff shall be incorporated by reference into this Agreement except that all references in Section 14.1 of the CAISO Tariff to Market Participants shall be read as a reference to the Scheduling Coordinator and references to the CAISO Tariff shall be read as references to this Agreement.

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