Common use of Committed Offer Clause in Contracts

Committed Offer. The “Committed Offer” shall mean 1) for pool-scheduled resources, an offer on which a resource was scheduled by the Office of the Interconnection for a particular clock hour for an Operating Day, and 2) for self-scheduled resources, either the offer on which the Market Seller has elected to schedule the resource or the applicable offer for the resource determined pursuant to Operating Agreement, Schedule 1, section 6.4, or Operating Agreement, Schedule 1, section 6.6 for a particular clock hour for an Operating Day.

Committed Offer. The T he “Committed Offer” shall mean 1) for pool-scheduled resources, an offer on which a resource was scheduled by the Office of the Interconnection for a particular clock hour for an Operating Day, and 2) for self-scheduled resources, either the offer on which the Market Seller has elected to schedule the resource or the applicable offer for the resource determined pursuant to Operating Agreement, Schedule 1, section 6.4, or Operating Agreement, Schedule 1, section 6.6 for a particular clock hour for an Operating Day.