Common use of Study Agreement Clause in Contracts

Study Agreement. Within thirty (30) days following the final Group Study Meeting, the Transmission Provider shall forward a Group System Impact Study Agreement in the form of Attachment D-1(G) to all Eligible Customer(s) participating in a Group Study Meeting for execution. If there are multiple Eligible Customers, the cost of a Group Study shall be borne equally by all participating Eligible Customers. Each Eligible Customer shall return an executed Group System Impact Study Agreement and provide payment of its portion of the estimated costs to the Transmission Provider, less Eligible Customer’s initial deposit, within fifteen (15) days of receiving the Group System Impact Study Agreement, failing which the Eligible Customer shall not be eligible to participate in the Group Study.