Common use of Representations and Covenants Clause in Contracts

Representations and Covenants. In accordance with IRS Notice 2001- 82 and IRS Notice 88-129, the Interconnection Customer represents and covenants that (i) ownership of the electricity generated at the Large Generating Facility will pass to another party prior to the transmission of the electricity on the CAISO Controlled Grid, (ii) for income tax purposes, the amount of any payments and the cost of any property transferred to the Participating TO for the Participating TO's Interconnection Facilities will be capitalized by the Interconnection Customer as an intangible asset and recovered using the straight-line method over a useful life of twenty

Representations and Covenants. In accordance with IRS Notice 2001- 2001-82 and IRS Notice 88-129, the Interconnection Customer represents and covenants that that (i) ownership of the electricity generated at the Large Generating Facility will pass to another party prior to the transmission of the electricity on the CAISO Controlled Grid, (ii) for income tax purposes, the amount of any payments and the cost of any property transferred to the Participating TO for the Participating TO's Interconnection Facilities will be capitalized by the Interconnection Customer as an intangible asset and recovered using the straight-line method over a useful life of twentytwenty (20) years, and (iii) any portion of the Participating TO's Interconnection Facilities that is a “dual-use intertie,” within the meaning of

Representations and Covenants. In accordance with IRS Notice 2001- 2001-82 and IRS Notice 88-129, the Interconnection Customer represents and covenants that that (i) ownership of the electricity generated at the Large Generating Facility will pass to another party prior to the transmission of the electricity on the CAISO Controlled Grid, (ii) for income tax purposes, the amount of any payments and the cost of any property transferred to the Participating TO for the Participating TO's Interconnection Facilities will be capitalized by the Interconnection Customer as an intangible asset and recovered using the straight-line method over a useful life of twentymethod

Representations and Covenants. In accordance with IRS Notice 2001- 82 and IRS Notice 88-129, the Interconnection Customer represents and covenants that (i) ownership of the electricity generated at the Large Generating Facility will pass to another party prior to the transmission of the electricity on the CAISO Controlled Grid, (ii) for income tax purposes, the amount of any payments and the cost of any property transferred to the Participating TO for the Participating TO's Interconnection Facilities will be capitalized by the Interconnection Customer as an intangible asset and recovered using the straight-line method over a useful life of twentytwenty (20) years, and (iii) any portion of the Participating TO's Interconnection

Representations and Covenants. In accordance with IRS Notice 2001- 2001-82 and IRS Notice 88-129, the Interconnection Customer represents and covenants that that (i) ownership of the electricity generated at the Large Generating Facility will pass to another party prior to the transmission of the electricity on the CAISO Controlled Grid, (ii) for income tax purposes, the amount of any payments and the cost of any property transferred to the Participating TO for the Participating TO's Interconnection Facilities will be capitalized by the Interconnection Customer as an intangible asset and recovered using the straight-line method over a useful life of twentytwenty (20) years, and (iii) any portion of the Participating

Representations and Covenants. In accordance with IRS Notice 2001- 2001-82 and IRS Notice 88-129, the Interconnection Customer represents and covenants that (i) ownership of the electricity generated at the Large Generating Facility Affected System Upgrade Facilities will pass to another party prior to the transmission of the electricity on the CAISO Controlled GridNew York State Transmission System, (ii) for income tax Tax purposes, the amount of any payments and the cost of any property transferred to the Participating TO Affected System Operator for the Participating TO's Interconnection Affected System Upgrade Facilities will be capitalized by the Interconnection Customer as an intangible asset and recovered using the straight-line method over a useful life of twentytwenty (20) years, and

Representations and Covenants. In accordance with IRS Notice 2001- 2001-82 and IRS Notice 88-129, the Interconnection Customer represents Customers represent and covenants covenant that (i) ownership of the electricity generated at the Large Generating Facility Affected System Upgrade Facilities will pass to another party prior to the transmission of the electricity on the CAISO Controlled GridNew York State Transmission System, (ii) for income tax purposes, the amount of any payments and the cost of any property transferred to the Participating TO Affected System Operator for the Participating TO's Interconnection Affected System Upgrade Facilities will be capitalized by the Interconnection Customer Customers as an intangible asset and recovered using the straight-line method over a useful life of twentytwenty (20) years, and

Representations and Covenants. In accordance with IRS Notice 2001- 82 and IRS Notice 88-129, the Interconnection Customer represents and covenants that (i) ownership of the electricity generated at the Large Generating Facility will pass to another party prior to the transmission of the electricity on the CAISO Controlled Grid, (ii) for income tax purposes, the amount of any payments and the cost of any property transferred to the Participating TO for the Participating TO's Interconnection Facilities will be capitalized by the Interconnection Customer as an intangible asset and recovered using the straight-line method over a useful life of twentytwenty‌

Representations and Covenants. In accordance with IRS Notice 2001- 82 and IRS Notice 882016-12936 , the Interconnection Customer represents and covenants that (i) ownership of the electricity generated at the Large Generating Facility will pass to another party prior to the transmission of the electricity on the a CAISO Controlled Grid, (ii) for income tax purposes, the amount of any payments and the cost of any property transferred to the Participating TO Transmission Owners for the Participating TO's Transmission Owners’ Interconnection Facilities will be capitalized by the Interconnection Customer as an intangible asset and recovered using the straight-line method over a useful life of twentytwenty (20)

Representations and Covenants. In accordance with IRS Notice 2001- 2001-82 and IRS Notice 88-129, the Interconnection Customer represents and covenants that (i) ownership of the electricity generated at the Large Generating Facility will pass to another party prior to the transmission of the electricity on the CAISO Controlled GridTransmission System, (ii) for income tax purposes, the amount of any payments and the cost of any property transferred to the Participating TO Transmission Provider for the Participating TO's Transmission Provider’s Interconnection Facilities will be capitalized by the Interconnection Customer as an intangible asset and recovered using the straight-line method over a useful life of twenty

Representations and Covenants. In accordance with IRS Notice 2001- 2001-82 and IRS Notice 88-129, the Interconnection Customer represents and covenants that (i) ownership of the electricity generated at the Large Generating Facility will pass to another party prior to the transmission of the electricity on the CAISO Controlled Grid, (ii) for income tax purposes, the amount of any payments and the cost of any property transferred to the Participating TO for the Participating TO's Interconnection Facilities will be capitalized by the Interconnection Customer as an intangible asset and recovered using the straight-line method over a useful life of twenty

Representations and Covenants. In accordance with IRS Notice 2001- 2001-82 and IRS Notice 88-129, the Interconnection Customer represents and covenants that (i) ownership of the electricity generated at the Large Generating Facility will pass to another party prior to the transmission of the electricity on the CAISO Controlled Grid, (ii) for income tax purposes, the amount of any payments and the cost of any property transferred to the Participating TO for the Participating TO's Interconnection Facilities will be capitalized by the Interconnection Customer as an intangible asset and recovered using the straight-line method over a useful life of twentytwenty (20) years, and (iii) any portion

Representations and Covenants. In accordance with IRS Notice 2001- 82 and IRS Notice 88-129, the Interconnection Customer represents and covenants that (i) ownership of the electricity generated at the Large Generating Facility will pass to another party prior to the transmission of the electricity on the CAISO Controlled Grid, (ii) for income tax purposes, the amount of any payments and the cost of any property transferred to the Participating TO for the Participating TO's Interconnection Facilities will be capitalized by the Interconnection Customer as an intangible asset and recovered using the straight-line method over a useful life of twentytwenty (20) years, and (iii) any portion of the Participating TO's Interconnection LARGE GENERATOR INTERCONNECTION AGREEMENT

Representations and Covenants. In accordance with IRS Notice 2001- 82 and IRS Notice 88-129, the Interconnection Customer represents and covenants that (i) ownership of the electricity generated at the Large Generating Facility will pass to another party prior to the transmission of the electricity on the CAISO Controlled Grid, (ii) for income tax purposes, the amount of any payments and the cost of any property transferred to the a Participating TO for the Participating TO's ’s Interconnection Facilities will be capitalized by the Interconnection Customer as an intangible asset and recovered using the straight-line method over a useful life of twentytwenty (20) years, and

Representations and Covenants. In accordance with IRS Notice 2001- 82 and IRS Notice 88-129, the Interconnection Customer represents and covenants that (i) ownership of the electricity generated at the Large Generating Facility will pass to another party prior to the transmission of the electricity on the CAISO Controlled Grid, (ii) for income tax purposes, the amount of any payments and the cost of any property transferred to the each Participating TO for the its Participating TO's Interconnection Facilities will be capitalized by the Interconnection Customer as an intangible asset and recovered using the straight-line method over a useful life of twenty