Common use of Modifications to Credit Allocations Clause in Contracts

Modifications to Credit Allocations. Only the Project Sponsor has the authority to request modification to this Agreement and all such requests must be transmitted by the acceptable means identified in Article XXII (regarding notices). The Project Sponsor is required to inform the Company of any requested modifications to the agreement, including any changes to the allocation designations contained in Exhibits 1 or 2, as soon as possible. Any such changes in fixed or cascading allocations to existing customers listed on Exhibit 1 or 2 shall be made prospectively beginning with the next Billing Period following an accepted request. Requested changes that affect the application of Credits for newly added customers under this agreement will be made on a prospective basis only and may require two Billing Periods to implement. The Company will provide notice to Customer whether any such request has been accepted by the Company or the basis for any denial of such request.

Modifications to Credit Allocations. Only the Project Sponsor has the authority to request modification to this Agreement and all such requests must be transmitted by the acceptable means identified in Article XXII XXIII (regarding notices). The Project Sponsor is required to inform the Company of any requested modifications to the agreement, including any changes to the allocation designations contained in Exhibits 1 or 2, as soon as possible. Any such changes in fixed or cascading allocations to existing customers listed on Exhibit 1 or 2 shall be made prospectively beginning with the next Billing Period following an accepted request. Requested changes that affect the application of Credits for newly added customers under this agreement will be made on a prospective basis only and may require two Billing Periods to implement. The Company will provide notice to Customer whether any such request has been accepted by the Company or the basis for any denial of such request.