Common use of THIRD CLAUSE Clause in Contracts

THIRD CLAUSE. An additional share of the total electric power reserve shall be allowed, as determined in the chart annexed to this TERM OF COMMITMENT, which shall be allocated to the CONSUMERS units at their discretion.

THIRD CLAUSE. An additional share of the total electric power reserve shall be allowed, as determined in the chart annexed to this TERM OF COMMITMENT, which shall be allocated to the CONSUMERS units at their discretion. Sole Paragraph –Any communication by the CONSUMERS regarding the allocation of the additional share to the consumer units must be forwarded to CHESF each year so as to coincide with the date envisaged in the Second Paragraph of CLAUSE 5 of the Electric Power Purchase and Sale Agreements.