Common use of Expedited System Study Clause in Contracts

Expedited System Study. If AEP determines that minimum efforts are needed to carry out the requested Delivery Point modifications/additions, AEP shall, upon request by the Customer, offer a single agreement covering the System Impact Study and Facilities Study, the “System Study Agreement.” The Study Agreement shall commit the Customer to pay AEP the actual cost to complete the study and to make an advance deposit equal to the expected study cost or $25,000, whichever is less. If the Customer fails to return an executed System Study Agreement within thirty (30) days of receipt along with the required deposit, AEP shall deem the study request to be withdrawn. The Customer may withdraw its study request at any time by written notice of such withdrawal to AEP. AEP shall complete the study and issue a Expedited System Study report to the Customer within sixty (60) days after receipt of an executed Expedited Study Agreement, deposit and necessary data, or at a later date as the Parties may mutually agree.

Appears in 2 contracts

Samples: Agreement, Agreement

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Expedited System Study. If AEP determines that minimum efforts are needed to carry out the requested Delivery Point modifications/additions, AEP shall, upon request by the Customer, offer a single agreement covering the System Impact Study and Facilities Study, the “System Study Agreement.” The Study Agreement shall commit the Customer to pay AEP the actual cost to complete the study and to make an advance deposit equal to the expected estimated study cost or $25,000, whichever is less. If the Customer fails to return an executed System Study Agreement within thirty (30) days of receipt receipt, along with the required deposit, AEP shall deem the study request to be withdrawn. The Customer may withdraw its study request at any time by written notice of such withdrawal to AEP. AEP shall complete the study and issue a Expedited System Study report to the Customer within sixty (60) days after receipt of an executed Expedited Study Agreement, deposit and necessary data, or at a later date as the Parties may mutually agree.

Appears in 2 contracts

Samples: Interconnection and Local Delivery Service Agreement, Agreement

Expedited System Study. If AEP determines that minimum efforts are needed to carry out the requested Delivery Point modifications/additions, AEP shall, upon request by the Customer, offer a single agreement covering the System Impact Study and Facilities Study, the “System Study Agreement.” The Study Agreement shall commit the Customer to pay AEP the actual cost to complete the study and to make an advance deposit at least equal to one half the expected study cost or $25,000, whichever is lesscost. If the Customer fails to return an executed System Study Agreement within thirty fifteen (3015) business days of receipt along with the required depositreceipt, AEP shall deem the study request to be withdrawn. The Customer may withdraw its study request at any time by written notice of such withdrawal to AEP. AEP shall complete the study and issue a Expedited System Study report to the Customer within sixty (60) days after receipt of an executed Expedited Study Agreement, deposit and necessary data, or at a later date as the Parties may mutually agree.

Appears in 1 contract

Samples: Interconnection and Local Delivery Service Agreement

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Expedited System Study. If AEP determines that minimum efforts are needed to carry out the requested Delivery Point modifications/additions, AEP shall, upon request by the Customer, offer a single agreement covering the System Impact Study and Facilities Study, the “System Study Agreement.” The Study Agreement shall commit the Customer to pay AEP the actual cost to complete the study and to make an advance deposit equal to the expected estimated study cost or $25,000, whichever which ever is less. If the Customer fails to return an executed System Study Agreement within thirty (30) days of receipt along with the required deposit, AEP shall deem the study request to be withdrawn. The Customer may withdraw its study request at any time by written notice of such withdrawal to AEP. AEP shall complete the study and issue a an Expedited System Study report to the Customer within sixty (60) days after receipt of an executed Expedited Study Agreement, deposit and necessary data, or at a later date as the Parties may mutually agree.

Appears in 1 contract

Samples: www.pjm.com

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