Common use of TRANSMISSION OWNERS RESERVED RIGHTS Clause in Contracts

TRANSMISSION OWNERS RESERVED RIGHTS. Notwithstanding any other provision of this Agreement, or any other agreement or amendment made in connection with the restructuring of the NYPP and establishment of the New York ISO, each Transmission Owner shall retain all of the rights set forth in this Section; provided, however, that such rights shall be exercised in a manner consistent with the Transmission Owners' rights and obligations under the Federal Power Act and the Commission's rules and regulations thereunder. This Section is not intended to reduce or limit any other rights of a Transmission Owner as a signatory to this Agreement or any of the ISO Related Agreements or under an ISO Tariff.

Appears in 27 contracts

Samples: Iso Agreement, Operating Agreement, Agreement

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