Common use of Regulatory Requirements and Governing Law Clause in Contracts

Regulatory Requirements and Governing Law. 43 14.1 Regulatory Requirements. 43 14.2 Governing Law 44 ARTICLE 15. NOTICES 44 15.1 General. 44 15.2 Xxxxxxxx and Payments. 44 15.3 Alternative Forms of Notice 44 15.4 Operations and Maintenance Notice 44 ARTICLE 16. FORCE MAJEURE 45 16.1 Force Majeure 45 ARTICLE 17. DEFAULT 45 17.1 Default. 45 ARTICLE 18. INDEMNITY, CONSEQUENTIAL DAMAGES AND INSURANCE 46 18.1 Indemnity. 46 18.2 No Consequential Damages. 47 18.3 Insurance 47 ARTICLE 19. ASSIGNMENT 49 19.1 Assignment. 49 ARTICLE 20. SEVERABILITY 49 20.1 Severability. 49 ARTICLE 21. COMPARABILITY 50 21.1 Comparability. 50 ARTICLE 22. CONFIDENTIALITY 50 22.1 Confidentiality. 50 ARTICLE 23. ENVIRONMENTAL RELEASES 53 23.1 Developer and Connecting Transmission Owner Notice 53 ARTICLE 24. INFORMATION REQUIREMENT 53 24.1 Information Acquisition. 53 24.2 Information Submission by Connecting Transmission Owner 54 24.3 Updated Information Submission by Developer 54 24.4 Information Supplementation 54 ARTICLE 25. INFORMATION ACCESS AND AUDIT RIGHTS 55 25.1 Information Access. 55 25.2 Reporting of Non-Force Majeure Events. 55 25.3 Audit Rights. 56 25.4 Audit Rights Periods. 56 25.5 Audit Results. 56 ARTICLE 26. SUBCONTRACTORS 56 26.1 General. 56 26.2 Responsibility of Principal. 57 26.3 No Limitation by Insurance 57 ARTICLE 27. DISPUTES 57 27.1 Submission 57 27.2 External Arbitration Procedures. 57 27.3 Arbitration Decisions. 58 27.4 Costs. 58 27.5 Termination 58 ARTICLE 28. REPRESENTATIONS, WARRANTIES AND COVENANTS 58 28.1 General. 58 ARTICLE 29. MISCELLANEOUS 59 29.1 Binding Effect. 59 29.2 Conflicts. 59 29.3 Rules of Interpretation 59 29.4 Compliance 60 29.5 Joint and Several Obligations. 60 29.6 Entire Agreement. 60 29.7 No Third Party Beneficiaries. 60 29.8 Waiver 60 29.9 Headings. 61 29.10 Multiple Counterparts. 61 29.11 Amendment. 61 29.12 Modification by the Parties. 61 29.13 Reservation of Rights. 61 29.14 No Partnership 62 29.15 Other Transmission Rights. 62 Appendices STANDARD LARGE GENERATOR INTERCONNECTION AGREEMENT THIS STANDARD LARGE GENERATOR INTERCONNECTION AGREEMENT (“Agreement”) is made and entered into this 17th day of April 2013, by and among Erie Boulevard Hydropower, LP (a limited partnership subsidiary of Brookfield Renewable Power), a company organized and existing under the laws of the State of New York (“Developer” with a Large Generating Facility), the New York Independent System Operator, Inc., a not-for-profit corporation organized and existing under the laws of the State of New York (“NYISO”), and Niagara Mohawk Power Corporation d/b/a National Grid, a corporation organized and existing under the laws of the State of New York (“Connecting Transmission Owner”). Developer, the NYISO, or Connecting Transmission Owner each may be referred to as a “Party” or collectively referred to as the “Parties.”

Regulatory Requirements and Governing Law. 43 46 14.1 Regulatory Requirements. 43 46 14.2 Governing Law 44 46 ARTICLE 15. NOTICES 44 46 15.1 General. 44 46 15.2 Xxxxxxxx Billings and Payments. 44 47 15.3 Alternative Forms of Notice 44 Notice. 47 15.4 Operations and Maintenance Notice 44 Notice. 47 ARTICLE 16. FORCE MAJEURE 45 47 16.1 Force Majeure 45 Majeure. 47 ARTICLE 17. DEFAULT 45 48 17.1 Default. 45 48 ARTICLE 18. INDEMNITY, CONSEQUENTIAL DAMAGES AND INSURANCE 46 INSURANCE. 48 18.1 Indemnity. 46 48 18.2 No Consequential Damages. 47 50 18.3 Insurance 47 Insurance. 50 ARTICLE 19. ASSIGNMENT 49 52 19.1 Assignment. 49 52 ARTICLE 20. SEVERABILITY 49 52 20.1 Severability. 49 52 ARTICLE 21. COMPARABILITY 50 53 21.1 Comparability. 50 53 ARTICLE 22. CONFIDENTIALITY 50 53 22.1 Confidentiality. 50 53 ARTICLE 23. ENVIRONMENTAL RELEASES 53 56 23.1 Developer and Connecting Transmission Owner Notice 53 Notice. 56 ARTICLE 24. INFORMATION REQUIREMENT 53 56 24.1 Information Acquisition. 53 56 24.2 Information Submission by Connecting Transmission Owner 54 Owner. 57 24.3 Updated Information Submission by Developer 54 Developer. 57 24.4 Information Supplementation 54 57 ARTICLE 25. INFORMATION ACCESS AND AUDIT RIGHTS 55 58 25.1 Information Access. 55 58 25.2 Reporting of Non-Force Majeure Events. 55 58 25.3 Audit Rights. 56 59 25.4 Audit Rights Periods. 56 59 25.5 Audit Results. 56 59 ARTICLE 26. SUBCONTRACTORS 56 59 26.1 General. 56 59 26.2 Responsibility of Principal. 57 60 26.3 No Limitation by Insurance 57 ARTICLE 27Insurance. DISPUTES 57 27.1 Submission 57 27.2 External Arbitration Procedures. 57 27.3 Arbitration Decisions. 58 27.4 Costs. 58 27.5 Termination 58 ARTICLE 28. REPRESENTATIONS, WARRANTIES AND COVENANTS 58 28.1 General. 58 ARTICLE 29. MISCELLANEOUS 59 29.1 Binding Effect. 59 29.2 Conflicts. 59 29.3 Rules of Interpretation 59 29.4 Compliance 60 29.5 Joint and Several Obligations. 60 29.6 Entire Agreement. 60 29.7 No Third Party Beneficiaries. 60 29.8 Waiver 60 29.9 Headings. 61 29.10 Multiple Counterparts. 61 29.11 Amendment. 61 29.12 Modification by the Parties. 61 29.13 Reservation of Rights. 61 29.14 No Partnership 62 29.15 Other Transmission Rights. 62 Appendices STANDARD LARGE GENERATOR INTERCONNECTION AGREEMENT THIS STANDARD LARGE GENERATOR INTERCONNECTION AGREEMENT (“Agreement”) is made and entered into this 17th day of April 2013, by and among Erie Boulevard Hydropower, LP (a limited partnership subsidiary of Brookfield Renewable Power), a company organized and existing under the laws of the State of New York (“Developer” with a Large Generating Facility), the New York Independent System Operator, Inc., a not-for-profit corporation organized and existing under the laws of the State of New York (“NYISO”), and Niagara Mohawk Power Corporation d/b/a National Grid, a corporation organized and existing under the laws of the State of New York (“Connecting Transmission Owner”). Developer, the NYISO, or Connecting Transmission Owner each may be referred to as a “Party” or collectively referred to as the “Parties.”60

Regulatory Requirements and Governing Law. 43 46 14.1 Regulatory Requirements. 43 46 14.2 Governing Law 44 46 ARTICLE 15. NOTICES 44 46 15.1 General. 44 46 15.2 Xxxxxxxx and Payments. 44 47 15.3 Alternative Forms of Notice 44 47 15.4 Operations and Maintenance Notice 44 47 ARTICLE 16. FORCE MAJEURE 45 47 16.1 Force Majeure 45 47 ARTICLE 17. DEFAULT 45 48 17.1 Default. 45 48 ARTICLE 18. INDEMNITY, CONSEQUENTIAL DAMAGES AND INSURANCE 46 48 18.1 Indemnity. 46 48 18.2 No Consequential Damages. 47 50 18.3 Insurance 47 50 ARTICLE 19. ASSIGNMENT 49 52 19.1 Assignment. 49 52 ARTICLE 20. SEVERABILITY 49 52 20.1 Severability. 49 52 ARTICLE 21. COMPARABILITY 50 53 21.1 Comparability. 50 53 ARTICLE 22. CONFIDENTIALITY 50 53 22.1 Confidentiality. 50 53 ARTICLE 23. ENVIRONMENTAL RELEASES 53 56 23.1 Developer and Connecting Transmission Owner Notice 53 56 ARTICLE 24. INFORMATION REQUIREMENT 53 56 24.1 Information Acquisition. 53 56 24.2 Information Submission by Connecting Transmission Owner 54 57 24.3 Updated Information Submission by Developer 54 57 24.4 Information Supplementation 54 57 ARTICLE 25. INFORMATION ACCESS AND AUDIT RIGHTS 55 58 25.1 Information Access. 55 58 25.2 Reporting of Non-Force Majeure Events. 55 58 25.3 Audit Rights. 56 59 25.4 Audit Rights Periods. 56 59 25.5 Audit Results. 56 59 ARTICLE 26. SUBCONTRACTORS 56 59 26.1 General. 56 59 26.2 Responsibility of Principal. 57 60 26.3 No Limitation by Insurance 57 60 ARTICLE 27. DISPUTES 57 60 27.1 Submission 57 60 27.2 External Arbitration Procedures. 57 60 27.3 Arbitration Decisions. 58 61 27.4 Costs. 58 61 27.5 Termination 58 61 ARTICLE 28. REPRESENTATIONS, WARRANTIES AND COVENANTS 58 61 28.1 General. 58 61 ARTICLE 29. MISCELLANEOUS 59 62 29.1 Binding Effect. 59 62 29.2 Conflicts. 59 62 29.3 Rules of Interpretation 59 62 29.4 Compliance 60 63 29.5 Joint and Several Obligations. 60 63 29.6 Entire Agreement. 60 63 29.7 No Third Party Beneficiaries. 60 63 29.8 Waiver 60 63 29.9 Headings. 61 64 29.10 Multiple Counterparts. 61 64 29.11 Amendment. 61 64 29.12 Modification by the Parties. 61 64 29.13 Reservation of Rights. 61 64 29.14 No Partnership 62 64 29.15 Other Transmission Rights. 62 Rights 64 Appendices AMENDED AND RESTATED STANDARD LARGE GENERATOR INTERCONNECTION AGREEMENT THIS AMENDED AND RESTATED STANDARD LARGE GENERATOR INTERCONNECTION AGREEMENT (“Agreement”) is made and entered into this 17th 13th day of April 2013June, 2012, by and among Erie Boulevard HydropowerMarble River, LP (LLC, a limited partnership subsidiary of Brookfield Renewable Power), a company liability corporation organized and existing under the laws of the State of New York Delaware (“Developer” with a Large Generating Facility), the New York Independent System Operator, Inc., a not-for-profit corporation organized and existing under the laws of the State of New York (“NYISO”), and Niagara Mohawk the New York Power Corporation d/b/a National GridAuthority, a corporation corporate municipal instrumentality organized and existing under the laws of the State of New York (“Connecting Transmission Owner”). Developer, the NYISO, or Connecting Transmission Owner each may be referred to as a “Party” or collectively referred to as the “Parties.”” RECITALS

Regulatory Requirements and Governing Law. 43 46 14.1 Regulatory Requirements. 43 46 14.2 Governing Law 44 46 ARTICLE 15. NOTICES 44 46 15.1 General. 44 46 15.2 Xxxxxxxx and Payments. 44 47 15.3 Alternative Forms of Notice 44 47 15.4 Operations and Maintenance Notice 44 47 ARTICLE 16. FORCE MAJEURE 45 47 16.1 Force Majeure 45 47 ARTICLE 17. DEFAULT 45 48 17.1 Default. 45 48 ARTICLE 18. INDEMNITY, CONSEQUENTIAL DAMAGES AND INSURANCE 46 48 18.1 Indemnity. 46 48 18.2 No Consequential Damages. 47 50 18.3 Insurance 47 50 ARTICLE 19. ASSIGNMENT 49 52 19.1 Assignment. 49 52 ARTICLE 20. SEVERABILITY 49 52 20.1 Severability. 49 52 ARTICLE 21. COMPARABILITY 50 53 21.1 Comparability. 50 53 ARTICLE 22. CONFIDENTIALITY 50 53 22.1 Confidentiality. 50 53 ARTICLE 23. ENVIRONMENTAL RELEASES 53 56 23.1 Developer and Connecting Transmission Owner Notice 53 56 ARTICLE 24. INFORMATION REQUIREMENT 53 56 24.1 Information Acquisition. 53 56 24.2 Information Submission by Connecting Transmission Owner 54 57 24.3 Updated Information Submission by Developer 54 57 24.4 Information Supplementation 54 57 ARTICLE 25. INFORMATION ACCESS AND AUDIT RIGHTS 55 58 25.1 Information Access. 55 58 25.2 Reporting of Non-Force Majeure Events. 55 58 25.3 Audit Rights. 56 59 25.4 Audit Rights Periods. 56 59 25.5 Audit Results. 56 59 ARTICLE 26. SUBCONTRACTORS 56 59 26.1 General. 56 59 26.2 Responsibility of Principal. 57 60 26.3 No Limitation by Insurance 57 60 ARTICLE 27. DISPUTES 57 60 27.1 Submission 57 60 27.2 External Arbitration Procedures. 57 60 27.3 Arbitration Decisions. 58 61 27.4 Costs. 58 61 27.5 Termination 58 61 ARTICLE 28. REPRESENTATIONS, WARRANTIES AND COVENANTS 58 61 28.1 General. 58 61 ARTICLE 29. MISCELLANEOUS 59 62 29.1 Binding Effect. 59 62 29.2 Conflicts. 59 62 29.3 Rules of Interpretation 59 62 29.4 Compliance 60 63 29.5 Joint and Several Obligations. 60 63 29.6 Entire Agreement. 60 63 29.7 No Third Party Beneficiaries. 60 63 29.8 Waiver 60 63 29.9 Headings. 61 64 29.10 Multiple Counterparts. 61 64 29.11 Amendment. 61 64 29.12 Modification by the Parties. 61 64 29.13 Reservation of Rights. 61 64 29.14 No Partnership 62 64 29.15 Other Transmission Rights. 62 Rights 64 Appendices STANDARD LARGE GENERATOR INTERCONNECTION AGREEMENT THIS STANDARD LARGE GENERATOR INTERCONNECTION AGREEMENT (“Agreement”) is made and entered into this 17th 29th day of April 2013June 2011, by and among Erie Boulevard HydropowerMarble River, LP (LLC, a limited partnership subsidiary of Brookfield Renewable Power), a company liability corporation organized and existing under the laws of the State of New York Delaware (“Developer” with a Large Generating Facility), the New York Independent System Operator, Inc., a not-for-profit corporation organized and existing under the laws of the State of New York (“NYISO”), and Niagara Mohawk the New York Power Corporation d/b/a National GridAuthority, a corporation corporate municipal instrumentality organized and existing under the laws of the State of New York (“Connecting Transmission Owner”). Developer, the NYISO, or Connecting Transmission Owner each may be referred to as a “Party” or collectively referred to as the “Parties.”” RECITALS

Regulatory Requirements and Governing Law. 43 14.1 Regulatory Requirements. 43 14.2 Governing Law Law. 44 ARTICLE 15. NOTICES 44 15.1 General. 44 15.2 Xxxxxxxx Billings and Payments. 44 15.3 Alternative Forms of Notice Notice. 44 15.4 Operations and Maintenance Notice Notice. 44 ARTICLE 16. FORCE MAJEURE 45 16.1 Force Majeure Majeure. 45 ARTICLE 17. DEFAULT 45 17.1 Default. 45 ARTICLE 18. INDEMNITY, CONSEQUENTIAL DAMAGES AND INSURANCE 46 18.1 Indemnity. 46 18.2 No Consequential Damages. 47 18.3 Insurance Insurance. 47 ARTICLE 19. ASSIGNMENT 49 19.1 Assignment. 49 ARTICLE 20. SEVERABILITY 49 20.1 Severability. 49 ARTICLE 21. COMPARABILITY 50 21.1 Comparability. 50 ARTICLE 22. CONFIDENTIALITY 50 22.1 Confidentiality. 50 ARTICLE 23. ENVIRONMENTAL RELEASES 53 23.1 Developer and Connecting Transmission Owner Notice Notice. 53 ARTICLE 24. INFORMATION REQUIREMENT 53 24.1 Information Acquisition. 53 24.2 Information Submission by Connecting Transmission Owner Owner. 54 24.3 Updated Information Submission by Developer Developer. 54 24.4 Information Supplementation 54 ARTICLE 25Supplementation. INFORMATION ACCESS AND AUDIT RIGHTS 55 25.1 Information Access. 55 25.2 Reporting of Non-Force Majeure Events. 55 25.3 Audit Rights. 56 25.4 Audit Rights Periods. 56 25.5 Audit Results. 56 ARTICLE 26. SUBCONTRACTORS 56 26.1 General. 56 26.2 Responsibility of Principal. 57 26.3 No Limitation by Insurance 57 ARTICLE 27. DISPUTES 57 27.1 Submission 57 27.2 External Arbitration Procedures. 57 27.3 Arbitration Decisions. 58 27.4 Costs. 58 27.5 Termination 58 ARTICLE 28. REPRESENTATIONS, WARRANTIES AND COVENANTS 58 28.1 General. 58 ARTICLE 29. MISCELLANEOUS 59 29.1 Binding Effect. 59 29.2 Conflicts. 59 29.3 Rules of Interpretation 59 29.4 Compliance 60 29.5 Joint and Several Obligations. 60 29.6 Entire Agreement. 60 29.7 No Third Party Beneficiaries. 60 29.8 Waiver 60 29.9 Headings. 61 29.10 Multiple Counterparts. 61 29.11 Amendment. 61 29.12 Modification by the Parties. 61 29.13 Reservation of Rights. 61 29.14 No Partnership 62 29.15 Other Transmission Rights. 62 Appendices STANDARD LARGE GENERATOR INTERCONNECTION AGREEMENT THIS STANDARD LARGE GENERATOR INTERCONNECTION AGREEMENT (“Agreement”) is made and entered into this 17th day of April 2013, by and among Erie Boulevard Hydropower, LP (a limited partnership subsidiary of Brookfield Renewable Power), a company organized and existing under the laws of the State of New York (“Developer” with a Large Generating Facility), the New York Independent System Operator, Inc., a not-for-profit corporation organized and existing under the laws of the State of New York (“NYISO”), and Niagara Mohawk Power Corporation d/b/a National Grid, a corporation organized and existing under the laws of the State of New York (“Connecting Transmission Owner”). Developer, the NYISO, or Connecting Transmission Owner each may be referred to as a “Party” or collectively referred to as the “Parties.”54