Failure to Provide Voltage Support Service When a Contingency Occurs on the NYS Power System Sample Clauses

Failure to Provide Voltage Support Service When a Contingency Occurs on the NYS Power System. If a Supplier's Voltage Support Resource fails to respond to a contingency, based on ISO review and analysis, the ISO shall withhold Voltage Support Service payments from the non-complying Supplier as follows: Initial Failure: The ISO will withhold from the Supplier one-twelfth (1/12th) of the annual payment for the specific Voltage Support Resource (or an amount equal to the last month's voltage support payment made to it, if it is not an Installed Capacity provider). Second Failure within the same thirty (30) day period: The ISO shall withhold from the Supplier one-fourth (1/4th) of the annual payment for the specific Voltage Support Resource (or an amount equal to the last three (3) months' voltage support payments made to it, if it is not an Installed Capacity provider). In addition, the Supplier that is in violation shall be prohibited from receiving Voltage Support Service payments for the non-complying Voltage Support Resource until the Supplier complies with the following conditions to the ISO's satisfaction:
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