Common use of Study Costs Clause in Contracts

Study Costs. 7.1 The NYISO shall charge, and Requestor shall pay, all reasonable costs actually incurred by the NYISO to perform or cause to be performed, the Additional ▇▇▇▇▇ Study. Such costs may include the cost of consultants and contractors retained by the NYISO and the cost, if any, incurred by Transmission Owner(s) to supply study-related data when requested to do so by the NYISO. Costs shall be computed on a time and materials basis in accordance with the rates set forth in Attachment B to this Agreement. 7.2 The initial deposit of $25,000 submitted by Requestor with its Request For Additional ▇▇▇▇▇ Study, shall be applied to the cost of the Additional ▇▇▇▇▇ Study. The NYISO’s good faith estimate of the total cost of the Additional ▇▇▇▇▇ Study is $[ ]. The Parties acknowledge and agree that the actual total cost of the Additional ▇▇▇▇▇ Study may differ from this estimate. Upon execution of this Agreement, Requestor shall submit an additional deposit of $[ ] which the NYISO shall also apply to the actual cost of the Additional ▇▇▇▇▇ Study. If Requestor modifies the scope of the Additional ▇▇▇▇▇ Study as initially specified in Attachment A to this Agreement, and does so in such a way as to increase the estimated total cost of the Additional ▇▇▇▇▇ Study, the NYISO may request, and the Requestor shall pay, an additional deposit to reflect that cost increase, which the NYISO shall also apply to the actual cost of the Additional ▇▇▇▇▇ Study. 7.3 Upon completion of the Additional ▇▇▇▇▇ Study, NYISO shall charge, and Requestor shall pay, all reasonable costs actually incurred by the NYISO for the Additional ▇▇▇▇▇ Study. Any difference between the total of the deposits submitted by Requestor and the actual cost of the Additional ▇▇▇▇▇ Study shall be paid by or refunded to Requestor, as appropriate, within thirty (30) days of the final invoice.

Appears in 1 contract

Sources: Study Agreement

Study Costs. 7.1 The NYISO shall charge, and Requestor shall pay, all reasonable costs actually incurred by the NYISO to perform or cause to be performed, the Additional ▇▇▇▇▇ Reliability Study. Such costs may include the cost of consultants and contractors retained by the NYISO and the cost, if any, cost incurred by Transmission Owner(s) to supply study-related data when requested to do so by the NYISO. Costs shall be computed on a time and materials basis in accordance with the rates set forth in Attachment B to this Agreement. 7.2 The initial deposit of $25,000 submitted by Requestor with its Request For Additional ▇▇▇▇▇ Reliability Study, shall be applied to the cost of the Additional ▇▇▇▇▇ Reliability Study. The NYISO’s good faith estimate of the total cost of the Additional ▇▇▇▇▇ Reliability Study is $[ ]. The Parties acknowledge and agree that the actual total cost of the Additional ▇▇▇▇▇ Reliability Study may differ from this estimate. Upon execution of this Agreement, Requestor shall submit an additional deposit of $[ ] which the NYISO shall also apply to the actual cost of the Additional ▇▇▇▇▇ Reliability Study. If Requestor modifies the scope of the Additional ▇▇▇▇▇ Reliability Study as initially specified in Attachment A to this Agreementdegree, and does so in such a way as to increase the estimated total cost of the Additional ▇▇▇▇▇ Reliability Study, the NYISO may request, and the Requestor shall pay, an additional deposit to reflect that cost increase, which the NYISO shall also apply to the actual cost of the Additional ▇▇▇▇▇ Reliability Study. 7.3 Upon completion of the Additional ▇▇▇▇▇ Reliability Study, NYISO shall charge, and Requestor shall pay, all reasonable costs actually incurred by the NYISO for the Additional ▇▇▇▇▇ Reliability Study. Any difference between the total of the deposits submitted by Requestor and the actual cost of the Additional ▇▇▇▇▇ Reliability Study shall be paid by or refunded to Requestor, as appropriate, within thirty (30) days of the final invoicedays.

Appears in 1 contract

Sources: Study Agreement

Study Costs. 7.1 7.1 The NYISO shall charge, and Requestor shall pay, all reasonable costs actually incurred by the NYISO to perform or cause to be performed, the Additional ▇▇▇▇▇ Reliability Study. Such costs may include the cost of consultants and contractors retained by the NYISO and the cost, if any, cost incurred by Transmission Owner(s) to supply study-related data when requested to do so by the NYISO. Costs shall be computed on a time and materials basis in accordance with the rates set forth in Attachment B to this Agreement. 7.2 7.2 The initial deposit of $25,000 submitted by Requestor with its Request For Additional ▇▇▇▇▇ Reliability Study, shall be applied to the cost of the Additional ▇▇▇▇▇ Reliability Study. The NYISO’s good faith estimate of the total cost of the Additional ▇▇▇▇▇ Reliability Study is $[ ]. The Parties acknowledge and agree that the actual total cost of the Additional ▇▇▇▇▇ Reliability Study may differ from this estimate. Upon execution of this Agreement, Requestor shall submit an additional deposit of $[ ] which the NYISO shall also apply to the actual cost of the Additional ▇▇▇▇▇ Reliability Study. If Requestor modifies the scope of the Additional ▇▇▇▇▇ Reliability Study as initially specified in Attachment A to this AgreementdegreeAgreement, and does so in such a way as to increase the estimated total cost of the Additional ▇▇▇▇▇ Reliability Study, the NYISO may request, and the Requestor shall pay, an additional deposit to reflect that cost increase, which the NYISO shall also apply to the actual cost of the Additional ▇▇▇▇▇ Reliability Study. 7.3 7.3 Upon completion of the Additional ▇▇▇▇▇ Reliability Study, NYISO shall charge, and Requestor shall pay, all reasonable costs actually incurred by the NYISO for the Additional ▇▇▇▇▇ Reliability Study. Any difference between the total of the deposits submitted by Requestor and the actual cost of the Additional ▇▇▇▇▇ Reliability Study shall be paid by or refunded to Requestor, as appropriate, within thirty (30) days of the final invoicedays.

Appears in 1 contract

Sources: Study Agreement

Study Costs. 7.1 The NYISO shall charge, and Requestor shall pay, all reasonable costs actually incurred by the NYISO to perform or cause to be performed, the Additional ▇▇▇▇▇ Reliability Study. Such costs may include the cost of consultants and contractors retained by the NYISO and the cost, if any, incurred by Transmission Owner(s) to supply study-related data when requested to do so by the NYISO. Costs shall be computed on a time and materials basis in accordance with the rates set forth in Attachment B to this Agreement. 7.2 The initial deposit of $25,000 submitted by Requestor with its Request For Additional ▇▇▇▇▇ Reliability Study, shall be applied to the cost of the Additional ▇▇▇▇▇ Reliability Study. The NYISO’s good faith estimate of the total cost of the Additional ▇▇▇▇▇ Reliability Study is $[ ]. The Parties acknowledge and agree that the actual total cost of the Additional ▇▇▇▇▇ Reliability Study may differ from this estimate. Upon execution of this Agreement, Requestor shall submit an additional deposit of $[ ] which the NYISO shall also apply to the actual cost of the Additional ▇▇▇▇▇ Reliability Study. If Requestor modifies the scope of the Additional ▇▇▇▇▇ Reliability Study as initially specified in Attachment A to this Agreement, and does so in such a way as to increase the estimated total cost of the Additional ▇▇▇▇▇ Reliability Study, the NYISO may request, and the Requestor shall pay, an additional deposit to reflect that cost increase, which the NYISO shall also apply to the actual cost of the Additional ▇▇▇▇▇ Reliability Study. 7.3 Upon completion of the Additional ▇▇▇▇▇ Reliability Study, NYISO shall charge, and Requestor shall pay, all reasonable costs actually incurred by the NYISO for the Additional ▇▇▇▇▇ Reliability Study. Any difference between the total of the deposits submitted by Requestor and the actual cost of the Additional ▇▇▇▇▇ Reliability Study shall be paid by or refunded to Requestor, as appropriate, within thirty (30) days of the final invoice.

Appears in 1 contract

Sources: Study Agreement