Estimate of Facility Requirements Sample Clauses

Estimate of Facility Requirements. For each month during the Term of this Agreement, Customer shall provide Supplier with its monthly estimate of Electricity requirements for the Facility no later than the 25th of the month prior to which the Electricity is to be delivered. Such monthly estimate shall set forth Customer’s best estimate of the hourly Electricity requirements for the Facility each day in the month. Customer will designate no fewer than two (2) of its employees as a Contact Person. At least one of these employees shall be available to Supplier during normal business hours during every NERC Business Day during the Term of this Agreement. The Contact Person shall provide Supplier with an initial daily load forecast no later than 8:00 a.m. (EPT) on the day prior to which the Electricity is to be delivered. If the day following the NERC Business Day is a holiday, the Contact Person shall provide an estimate of Facility load for the holiday and for the NERC Business Day following the holiday. The Contact Person shall provide Supplier with its estimate of Electricity load for every weekend and the following Monday by 8:00 a.m. (EPT) on the previous Friday. The estimate of Electricity load shall be in a form agreeable to both parties and shall, in any event, be sufficient for Supplier to accurately estimate Customer’s Electricity requirements at the Facility. The Customer shall promptly notify Supplier upon discovery of (i) any significant or material inaccuracies in the information provided to Supplier by it and shall supply corrected information to Supplier when and as available, or (ii) any material fact or circumstance of which it becomes aware materially affecting or relating to the Facility, such as unscheduled changes due to plant accident, or loss of power delivery. Notice shall be provided to Supplier promptly by telephone, in any event no later than 15 minutes after the time in which the Customer becomes aware of the change, and by facsimile within a reasonable time thereafter. For the purposes of this paragraph, any inaccuracies or changes that are greater than 5 MW shall be considered as material or significant, regardless of whether those changes occur inside or outside of normal business hours. The notice shall include Customer’s estimate of the extent and duration of the unscheduled change. The Contact Person shall also promptly inform Supplier as to the removal or correction of the event giving rise to the unscheduled change by telephone, in any event no later than 15...
Sample 1
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Related to Estimate of Facility Requirements

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