Common use of Excess Load Clause in Contracts

Excess Load. If there is an incremental portion of the AEL that exceeds 5 MVA (the “Excess Load”), the parties agree: (i) that the Developer shall make the payments required for Additional Load in Section 2(b)(ii) for the AEL up to and including 5 MVA and (ii) to enter in to good faith discussions as to the most commercially reasonable terms and conditions for the Excess Load to be potentially provided, including, but not limited to additional security and payment obligations.

Appears in 1 contract

Sources: Substation Agreement

Excess Load. If there is an incremental portion of the AEL that exceeds 5 5.769 MVA (the “Excess Load”), the parties agree: (i) that the Developer shall make the payments required for Additional Load in Section 2(b)(ii1(b)(i) for the AEL up to and including 5 5.769 MVA and (ii) to enter in to into good faith discussions as to the most commercially reasonable terms and conditions for the any Excess Load to be potentially providedrequested, includingwhich may include, but is not limited to to, additional security and payment obligations.

Appears in 1 contract

Sources: Electrical Services Agreement