Common use of Execution and Filing Clause in Contracts

Execution and Filing. Within fifteen (15) Business Days after receipt of the final LGIA, Interconnection Customer shall provide Transmission Provider (A) reasonable evidence of continued Site Control or (B) posting of $250,000, non-refundable additional security, which shall be applied toward future construction costs. At the same time, Interconnection Customer also shall provide reasonable evidence that one or more of the following milestones in the development of the Large Generating Facility, at Interconnection Customer election, has been achieved: (i) the execution of a contract for the supply or transportation of fuel to the Large Generating Facility; (ii) the execution of a contract for the supply of cooling water to the Large Generating Facility; (iii) execution of a contract for the engineering for, procurement of major equipment for, or construction of, the Large Generating Facility; (iv) execution of a contract (or comparable evidence) for the sale of electric energy or capacity from the Large Generating Facility; (v) statement signed by an officer or authorized agent of the Interconnection Customer attesting the Large Generating Facility is included in an applicable state resource plan; (vi) other information that the Transmission Provider deems to be reasonable evidence that the Large Generating Facility will qualify as a designated Network Resource; or

Execution and Filing. ‌ Within fifteen (15) Business Days after receipt of the final LGIA, Interconnection Customer shall provide Transmission Provider (A) reasonable evidence of continued Site Control or proof that it has now obtained Site Control or (B) posting of if Site Control has not been demonstrated by reasonable evidence, post $250,000, non-refundable 250,000 additional security, which shall be applied toward future construction costs. At the same time, Interconnection Customer also shall provide reasonable evidence that one or more of the following milestones in the development of the Large Generating Facility, at Interconnection Customer Customer’s election, has been achieved: (i) the execution of a contract for the supply or transportation of fuel to the Large Generating Facility; (ii) the execution of a contract for the supply of cooling water to the Large Generating Facility; (iii) the execution of a contract for the engineering for, procurement of major equipment for, or construction of, the Large Generating Facility; (iv) the execution of a contract (or comparable evidence) for the sale of electric energy or capacity from the Large Generating Facility; or (v) statement signed by a completed application for an officer air, water, or authorized agent land use permit. Interconnection Customer shall either: (i) execute two originals of the Interconnection Customer attesting the Large Generating Facility is included in an applicable state resource plantendered LGIA and return both signed originals to Transmission Provider; or (viii) other information that the Transmission Provider deems initiate Dispute Resolution pursuant to be reasonable evidence that the Large Generating Facility will qualify as a designated Network Resource; orSection 13.5.