Change Event Resolution Sample Clauses

Change Event Resolution. When a Party learns of a Change Event and seeks to proceed under this Change Event Resolution clause, that Party must notify the other Party of the event/change. Additionally, if Generator Owner initiates a Change Event, Generator Owner must also: (1) provide to the Interconnection Provider notification of the Change Event, and (2) provide to Southern Companies any relevant updated information as requested by Southern Companies (such as revised Interconnection Request milestone dates, Generating Facility design or equipment changes, changes to Transmission Owner Upgrades, etc.). Following notification of a Change Event, the Parties will meet to determine how to proceed. Southern Companies, at its discretion, may suspend work on the Upgrade Project, pending resolution under this Change Event Resolution clause, or may continue performance, reserving all rights under this Agreement, at law, or in equity. In addition, Southern Companies, with Generation Owner approval (such approval to not be unreasonably withheld, conditioned or delayed), may require a new Affected System Study to be performed, and upon study conclusion Generator Owner and Southern Companies will execute a written document reflecting any change (e.g., in scope, cost, milestone date). Generator Owner will be responsible for Southern Companies’ costs to perform such new Affected System Study. If the Change Event is one that Generator Owner can cure or resolve and Southern Companies agrees (such agreement shall not be unreasonably withheld), Generator Owner, at its option and expense, may address the Change Event to Southern Companies’ satisfaction and Southern Companies will then resume performance. Otherwise, following any necessary study or analysis, Generator Owner and Southern Companies will execute a written amendment reflecting any material change (e.g., in scope) resulting from the Change Event. At Southern Companies’ option, the Upgrade Project may remain suspended until the Parties execute an amendment and Generator Owner fulfills any agreed obligation, including providing additional security, if applicable. If the Parties cannot address the Change Event to their mutual satisfaction within a reasonable period of time, either Party may terminate this Agreement pursuant to Section 3.3.1.A (iv) (Termination Due to Change Event).