Commercial Readiness. During the Transition Request Window, each Interconnection Customer with Transition Requests must submit one of the following Commercial Readiness Milestone Options totaling the requested Interconnection Service amount, where applicable, to Transmission Provider no later than the close of the Transition Request Window. (a) Executed term sheet (or comparable evidence) related to a contract for sale, where the term of the sale is not less than five (5) years, for (i) the constructed Generating Facility, (ii) the Generating Facility’s energy or capacity, or (iii) the Generating Facility’s Ancillary Services; (b) Documentation from a Load-Serving Entity, commercial, industrial, large end-use customer, competitive retail supplier, power marketer, or other wholesale buyer of active negotiations (or the equivalent, e.g. for an ongoing relationship) for purchase of the output of Interconnection Customer’s Large Generating Facility. Interconnection Customer shall provide documentation that they continue to meet Commercial Readiness by providing evidence of another Commercial Readiness Milestone (e.g., executed term sheet under Section 2.1.2 (a) of this Attachment R) to Transmission Provider by: (1) for Late-Stage Projects, one hundred twenty (120) days after Interconnection Customer has been issued an Interconnection Facilities Study Report or (2) for Transition Projects in the Transition Cluster Study, during the Phase Two Customer Review Period; (c) Executed contract binding upon the parties for sale to a Load-Serving Entity, competitive retail supplier, power marketer, other wholesale buyer, or a commercial, industrial, or large end-use customer for: (i) the constructed Generating Facility, (ii) the Generating Facility’s energy or capacity where the term of sale is not less than five (5) years, or (iii) the Generating Facility’s Ancillary Services if the Generating Facility is an electric storage resource where the term of sale is not less than five (5) years; (d) Reasonable evidence that the Generating Facility has been selected by or for a Load-Serving Entity in a Resource Plan or is on the final shortlist for a Resource Solicitation Process by or for a Load-Serving Entity, if such a plan or final short list has been approved or acknowledged by the applicable authority (including for an Investor- Owned Utility its state utility commission, as applicable); (e) Site specific purchase order for Generating and/or Interconnection Facilities equipment specific to the Queue Position; (f) Documentation from Interconnection Customer of reasonable evidence of transmission service reservation (or comparable evidence) for the Generating Facility. Transmission Provider in its sole discretion may evaluate individual facts and circumstances of reasonable evidence of transmission service that originates from the Point of Interconnection, such as: a confirmed Long-Term firm transmission service reservation, confirmed Long-Term conditional firm transmission service reservation with roll over rights, designation of a Network Resource (DNR), a long-term confirmed redirect, or a Long-Term firm transmission service offer that will be confirmed following a transmission expansion project that has been securitized; or, (g) In lieu of submitting evidence of a Commercial Readiness Milestone as specified above in Section 2.1.2 (a)-(f) of this Attachment R, Interconnection Customer shall provide a Commercial Readiness Deposit, made in the form of a cash deposit, irrevocable letter of credit, or deposit into an escrow account that is established by Interconnection Customer as specified below in Section 2.1.2(g)(i)-
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Commercial Readiness. During the Transition Request Window, each An Interconnection Customer with a Transition Requests Request in the Transition Cluster wishing to proceed to an Interconnection Facilities Study must submit one of the following Commercial Readiness Milestone Options totaling the requested Interconnection Service amount, where applicable, to Transmission Provider no later than the close completion of the Transition Request WindowCustomer Review Period following the Phase Two Cluster Study.
(a) Executed term sheet (or comparable evidence) related to a contract for sale, where the term of the sale is not less than five (5) years, for
(i) the constructed Generating Facility, (ii) the Generating Facility’s energy or capacity, or (iii) the Generating Facility’s Ancillary Services; where the term of sale is not less than five (5) years;
(b) Documentation from a Load-Serving Entity, commercial, industrial, large end-use customer, competitive retail supplier, power marketer, or other wholesale buyer of active negotiations (or the equivalent, e.g. for an ongoing relationship) for purchase of the output of Interconnection Customer’s Large Generating Facility. Interconnection Customer shall provide documentation that they continue to meet Commercial Readiness by providing evidence of another Commercial Readiness Milestone (e.g., executed term sheet under Section 2.1.2 (a) of this Attachment R) to Transmission Provider by: (1) for Late-Stage Projects, one hundred twenty (120) days after Interconnection Customer has been issued an Interconnection Facilities Study Report or (2) for Transition Projects in the Transition Cluster Study, during the Phase Two Customer Review Period;
(c) Executed contract binding upon the parties for sale to a Load-Serving Entity, competitive retail supplier, power marketer, other wholesale buyer, or a commercial, industrial, or large end-use customer for:
: (i) the constructed Generating Facility, (ii) the Generating Facility’s energy or capacity where the term of sale is not less than five (5) years, or (iii) the Generating Facility’s Ancillary Services if the Generating Facility is an electric storage resource where the term of sale is not less than five (5) years;
(dc) Reasonable evidence that the Generating Facility has been selected by or for a Load-Serving Entity in a Resource Plan or is on the final shortlist for a Resource Solicitation Process by or for a Load-Serving Entity, if such a plan or final short list has been approved or acknowledged by the applicable authority (including for an Investor- Owned Utility its state utility commission, as applicable);
(ed) Site specific purchase order for Generating and/or Interconnection Facilities equipment specific to the Queue Position;
(fe) Documentation from Interconnection Customer of reasonable evidence of transmission service reservation (or comparable evidence) for the Generating Facility. Transmission Provider in its sole discretion may evaluate individual facts and circumstances of reasonable evidence of transmission service that originates from the Point of Interconnection, such as: a confirmed Long-Term firm transmission service reservation, confirmed Long-Term conditional firm transmission service reservation with roll over rights, designation of a Network Resource (DNR), a long-term confirmed redirect, or a Long-Term firm transmission service offer that will be confirmed following a transmission expansion project that has been securitized; or,
(gf) In lieu of submitting evidence of a Commercial Readiness Milestone as specified above in Section 2.1.2 3.3.1 (a)-(fa)-(e) of this Attachment R, a Commercial Readiness Deposit equal to twenty percent (20%) of the Network Upgrade costs allocated to Interconnection Customer in the Phase Two Cluster Study Report less any amounts already paid as a Commercial Readiness Deposit during the Phase One Cluster Study Review Period under Section 3.2.1(g) of this Attachment R. Interconnection Customer shall provide a the Commercial Readiness Deposit, made Deposit in the form of a cash deposit, irrevocable letter of credit, or deposit into an escrow account that is established by Interconnection Customer. Transmission Provider will refund the Commercial Readiness Deposit to Interconnection Customer according to Sections 13.3.2 and 13.3.3 of the LGIP.
(g) If Interconnection Customer’s Commercial Readiness Milestone demonstration as specified below in Section 2.1.2(g)(i)-3.3.1(a)-(e) does not meet the total requested Interconnection Service amount where applicable, Interconnection Customer shall supplement their Commercial Readiness Milestone with a Commercial Readiness Deposit in Section 3.3.1(f) that is reduced by a percentage based on the amount already demonstrated.
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