Return of Auction Revenue Rights. When the Seller is the Defaulting Party, the Seller shall transfer or reassign to the Buyer on the Early Termination Date, any and all of Buyer’s rights to Auction Revenue Rights (ARRs) to which Buyer is entitled as an LSE pursuant to the PJM Agreements, which were transferred or assigned to Seller under Section 2.3 (Congestion and Congestion Management).
Appears in 6 contracts
Samples: Master Agreement, Master Agreement, Master Agreement
Return of Auction Revenue Rights. When the Seller is the Defaulting Party, the Seller shall transfer or reassign to the Buyer on the Early Termination Date, any and all of Buyer’s rights to Auction Revenue Rights (ARRs) to which Buyer is entitled as an LSE pursuant to the PJM Agreements, which were transferred or assigned to Seller under Section 2.3 2.4 (Congestion and Congestion Management).
Appears in 2 contracts
Samples: Default Supply Master Agreement, Default Supply Master Agreement
Return of Auction Revenue Rights. When the Seller is the Defaulting Party, the Seller shall transfer or reassign to the Buyer on the Early Termination Date, any and all of Buyer’s rights to Auction Revenue Rights (ARRs) to which Buyer is entitled as an LSE pursuant to the PJM Agreements, which were transferred or assigned to Seller under Section 2.3 2.4 (Congestion and Congestion Management).. DISPUTE RESOLUTION
Appears in 1 contract
Samples: Default Supply Master Agreement
