Examples of Connection Agreement in a sentence
It is not considered appropriate to factor this into the Connection Agreement itself.
Please note that it is now proposed that the word “automatically” be deleted.Clause 5.5Suggest replacing the wording with the following: “At any given time prior the commencement of the construction of Connection Works, the Customer has right to reduce the MEC applicable to this Connection Agreement by issuing a written notice to that effect to the Company and subject to paying the Company an amount of €10.000 per each MW of reduced MEC”.
Under the third bullet point, suggest deleting “in a form satisfactory to the Company” as it adds a subjective element which is irrelevant regarding clear cut obligations such as a payment obligation and an obligation relating to the delivery of a Security (the form of which is clearly addressed under the Connection Agreement).
Clause 4.3 of the Connection Agreement states that – “The Company shall maintain and operate the Transmission System in accordance with the Grid Code and otherwise to a standard equal to Prudent Electricity Utility Practice.” The definition of “Prudent Electricity Utility Practice” is itself qualified by reasonableness.
Our view is that operational status is a Grid Code compliance issue and should therefore be managed under the Grid Code and not under the Connection Agreement via the MEC security mechanism.