Common use of OASIS Clause in Contracts

OASIS. (a) The Parties shall jointly contract with an independent, non- affiliated third party (the "OASIS Provider") for use of an OASIS site. The OASIS Provider shall post the transmission capacity available for resale over the Northern Pass Transmission Line and schedule related transmission service over the Northern Pass Transmission Line on such OASIS site in accordance with written instructions that Purchaser or the OASIS Administrator, as applicable, may provide to the OASIS Provider from time to time. In connection with any such posting, the Parties shall comply with FERC Order No. 890 et seq. at all times and shall direct the OASIS Provider to comply with same.

Appears in 2 contracts

Samples: Guaranty Agreement, Guaranty Agreement (Public Service Co of New Hampshire)

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OASIS. (a) The Parties shall jointly contract with an independent, non- non-affiliated third party (the "β€œOASIS Provider"”) for use of an OASIS site. The OASIS Provider shall post the transmission capacity available for resale over the Northern Pass Transmission Line and schedule related transmission service over the Northern Pass Transmission Line on such OASIS site in accordance with written instructions that Purchaser or the OASIS Administrator, as applicable, may provide to the OASIS Provider from time to time. In connection with any such posting, the Parties shall comply with FERC Order No. 890 et seq. at all times and shall direct the OASIS Provider to comply with same.

Appears in 1 contract

Samples: Guaranty Agreement (Nstar/Ma)

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OASIS. (a) The Parties shall jointly contract with an independent, non- non-affiliated third party (the "OASIS Provider") for use of an OASIS site. The OASIS Provider shall post the transmission capacity available for resale over the Northern Pass Transmission Line and schedule related transmission service over the Northern Pass Transmission Line on such OASIS site in accordance with written instructions that Purchaser or the OASIS Administrator, as applicable, may provide to the OASIS Provider from time to time. In connection with any such posting, the Parties shall comply with FERC Order No. 890 et seq. at all times and shall direct the OASIS Provider to comply with same.

Appears in 1 contract

Samples: Guaranty Agreement (Public Service Co of New Hampshire)

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