Procedure on Designated Change in Law Sample Clauses

Procedure on Designated Change in Law. (a) Generator may, within twenty (20) Business Days following the date of a Designated Change in Law which it concludes may or is likely to result in the circumstances described Sections 12.1(a), (b) or (d), give the AESO notice of the occurrence of such Designated Change in Law, which notice shall contain: (i) reasonably detailed information and supporting documentation in respect of such Designated Change in Law, (ii) reasonable details of the anticipated effect of such Designated Change in Law upon performance of its obligations hereunder, the expected increase or decrease in the reasonable costs incurred by it or the expected Forgone Energy that will result from such Designated Change in Law, as the case may be; and (iii) the mitigation steps which it anticipates undertaking in respect of such event pursuant to its obligations in Sections 12.1(c) and 12.1(d)(i); provided that if Generator fails to provide notice to the AESO of any Designated Change in Law in accordance with this Section 12.2(a), Generator shall be disqualified from and shall not be entitled to any of the relief, extensions or payments described in Section 12.1. The Generator must, however, within the period specified in this Section 12.2(a), provide such a notice to the AESO in respect of any Designated Change in Law which the Generator concludes may or is likely to result in the circumstances described in Section 12.1(d)(iii)(C). The Generator shall also provide such a notice to the AESO in respect of any Designated Change in Law designated by the AESO in a written notice to the Generator.
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Related to Procedure on Designated Change in Law

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