Common use of Interest Payments and Assignment Rights Clause in Contracts

Interest Payments and Assignment Rights. Any phased or non-phased repayment shall include interest calculated in accordance with the methodology set forth in FERC’s regulations at 18 C.F.R. §35.19a(a)(2)(iii) from the date of any payment for Network Upgrades through the date on which the Interconnection Customer receives a repayment of such payment. Interest shall continue to accrue on the repayment obligation so long as this LGIA is in effect. The Interconnection Customer may assign such repayment rights to any entity.

Appears in 53 contracts

Samples: Interconnection Agreement, Large Generator Interconnection Agreement, Large Generator Interconnection Agreement

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Interest Payments and Assignment Rights. Any phased or non-phased repayment shall include interest calculated in accordance with the methodology set forth in FERC’s regulations at 18 C.F.R. §35.19a(a)(2)(iii) from the date of any payment for Network Upgrades through the date on which the Interconnection Customer receives a repayment of such payment. Interest shall continue to accrue on the repayment obligation so long as this LGIA is in effect. The Interconnection Customer may assign such repayment rights to any entityperson.

Appears in 9 contracts

Samples: Large Generator Interconnection Agreement, Large Generator Interconnection Agreement, Large Generator Interconnection Agreement

Interest Payments and Assignment Rights. Any phased or non-phased repayment shall include interest calculated in accordance with the methodology set forth in FERC’s regulations at 18 C.F.R. §35.19a(a)(2)(iii) from the date of any payment for Network Upgrades through the date on which the Interconnection Customer receives a repayment of such payment. Interest shall continue to accrue on the repayment obligation so long as this LGIA is in effect. The Interconnection Customer may assign such repayment rights to any entity.

Appears in 4 contracts

Samples: Agreement, Large Generator Interconnection Agreement, www3.sce.com

Interest Payments and Assignment Rights. Any phased or non-non- phased repayment shall include interest calculated in accordance with the methodology set forth in FERC’s regulations at 18 C.F.R. §35.19a(a)(2)(iii) from the date of any payment for the Affected Participating TO’s Network Upgrades through the date on which the Interconnection Customer receives a repayment of such payment. Interest shall continue to accrue on the repayment obligation so long as this LGIA UFA is in effect. The Interconnection Customer may assign such repayment rights to any entity.

Appears in 1 contract

Samples: Facilities Agreement

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Interest Payments and Assignment Rights. Any phased or non-phased repayment shall include interest calculated in accordance with the methodology set forth in FERC’s regulations at 18 C.F.R. §35.19a(a)(2)(iii) from the date of any payment for Network Upgrades through the date on which the Interconnection Customer receives a repayment of such payment. Interest shall continue pursuant to accrue on the repayment obligation so long as this LGIA is in effect. The Thesubparagraph. Interconnection Customer may assign such repayment rights to any entityentityperson.

Appears in 1 contract

Samples: Large Generator Interconnection Agreement

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