OPC Contracts Clause Samples

OPC Contracts. (a) OPC shall be responsible for compliance with the OPC Contracts. In connection therewith, OPC shall be permitted to make OPC Off-System Sales to ---------- * Indicates information that has been filed separately with the Secretary of the Commission as an attachment to a request for confidentiality with respect to the omitted information. comply with the OPC Off-System Sales Contracts, which Electric Energy for LPM's Share of OPC Off-System Sales shall be provided to OPC by LPM pursuant to Section 2.1 and at the prices set forth in Section 5.3. OPC shall have the right during the Term to enter into new contracts or other agreements to make sales, purchases or exchanges of Electric Energy, without the prior consent of LPM, including new contracts for (i) sales of capacity and Electric Energy from resources not included within OPC Resources, (ii) purchases and sales of capacity and Electric Energy to serve Customer Choice Customers as provided in Section 2.4, (iii) sales of capacity and Electric Energy under the EMC Contracts, and (iv) purchases and sales of capacity and Electric Energy as required to serve OPC Load not included within LPM's Share of OPC Load, or to serve LPM's Share of OPC Load after the Term, and (v) as expressly set forth elsewhere in this Agreement; provided, that such contracts or agreements shall not adversely affect or otherwise interfere with OPC's ability to perform its obligation to sell Electric Energy to or to purchase Electric Energy from LPM hereunder. (b) Nothing in this Agreement shall be construed to assign, impose or otherwise transfer any rights or obligations under the OPC Off-System Sales Contracts to the LG&E Parties, and OPC shall retain all of its rights and obligations, including its obligation to maintain, or cause to be maintained, generation and transmission system stability and reliability. Notwithstanding any other provision of this Agreement, OPC shall not be required to take any action inconsistent with its rights and obligations under the OPC Contracts. Notwithstanding any other provision of this Agreement, no Party shall be required to take any action inconsistent with its rights and obligations under the NERC or SERC guidelines. Nothing in this Agreement shall affect the rights or obligations of the parties to the EMC Contracts. OPC shall have the right to terminate, amend, or otherwise modify the OPC Contracts, subject to the provisions of Section 16.1.

OPC Contracts. 8 3.2 Information on OPC Resources and System.................8 3.3

OPC Contracts. Contracts, Agreements and Instruments Evidencing or Creating Oil and Gas Interests