Common use of Selection by Developer Clause in Contracts

Selection by Developer. Developer shall select which option for paying the operations and maintenance charge component of the O&M Expenses by providing written notice to the Connecting Transmission Owner within thirty (30) days after receiving from the Connecting Transmission Owner the CTOAF Plant installed cost. If Developer fails to provide timely notice to Connecting Transmission Owner of the option selected, Developer will be deemed to have chosen: Option 1 (Monthly Fixed Estimated Operation and Maintenance Charges).

Appears in 3 contracts

Sources: Standard Large Generator Interconnection Agreement, Interconnection Agreement, Standard Large Generator Interconnection Agreement