An External Clause Samples
An External. Market Buyer may refuse delivery of some or all of the energy it requested to purchase by notifying the Office of the Interconnection of the adjustment in deliveries not later than 60 minutes prior to the hour in which the adjustment is to take effect. Any such refusal of delivery shall be subject to non-delivery charges in accordance with this Schedule.
An External. Market Buyer may withdraw from this Agreement by giving written notice to the Office of the Interconnection specifying an effective date of withdrawal at least one day after the date of the notice.
An External. Market Buyer shall submit to the Office of the Interconnection requests to purchase specified amounts of energy for each hour of the Operating Day during which it intends to purchase from the PJM Interchange Energy Market, along with Dispatch Rate levels above which it does not desire to purchase, in accordance with the specifications set forth in the PJM Manuals.
An External. Market Buyer that does not take delivery of the amounts of energy specified in its request to purchase shall be assessed a non-delivery charge, or if using Point-to-Point service within the PJM Control Area shall pay for imbalance service as specified in the Tariff. The non-delivery charge shall be calculated as the summation for all applicable busses of the product of (i) the Locational Marginal Price at each load bus at which delivery was not taken, times (ii) the amount of energy not taken each hour at such bus. The non-delivery charge shall not apply to deliveries curtailed by the Office of the Interconnection in accordance with this Schedule, or for periods when the Dispatch Rate exceeds the maximum value specified by the External Market Buyer in accordance with this Schedule. Payments or credits for non-delivery charges shall be used by the Office of the Interconnection to reduce or offset PJM Control Area costs for Operating Reserves.
An External. Market Buyer's hourly schedules for energy purchased from the PJM Interchange Energy Market shall conform to the ramping and other applicable requirements of the interconnection agreement between the PJM Control Area and the Control Area to which, whether as an intermediate or final point of delivery, the purchased energy will initially be delivered. Issued By: ▇▇▇▇▇▇▇ ▇. Drom Effective: November 10, 2000 Vice President, General Counsel Issued On: November 9, 2000 PJM Interconnection, L.L.C. Original Sheet No. 86 First Revised Rate Schedule FERC No. 24
An External. Market Buyer or an Internal Market Buyer that is not a Load Serving Entity may withdraw from this Agreement by giving written notice to the Office of the Interconnection specifying an effective date of withdrawal at least one day after the date of the notice. Issued By: ▇▇▇▇▇▇▇ ▇. Drom Effective: November 10, 2000 Vice President, General Counsel Issued On: November 9, 2000 PJM Interconnection, L.L.C Original Sheet No. 66 First Revised Rate Schedule FERC No. 24