Common use of CAISO Clause in Contracts

CAISO. Seller shall retain any and all revenues received from the CAISO in relation to this Transaction. The Parties agree that any Availability Incentive Payments are for the benefit of the Seller and for Seller’s account and that any Non-Availability Charges are the responsibility of the Seller and for Seller’s account as such terms are defined in the CAISO Tariff.

Appears in 2 contracts

Sources: Confirmation Agreement, Resource Adequacy Capacity Product Confirmation Agreement