Excess Specified Network Upgrade Costs definition

Excess Specified Network Upgrade Costs means, to the extent applicable, with respect to each Specified Project, the amount of Specified Reimbursable Network Upgrade Costs that must be converted to EXECUTION VERSION CONFIDENTIAL TREATMENT REQUESTED REDACTED VERSION Specified Non-Reimbursable Network Upgrade Costs in order to cause the Specified Reimbursable Network Upgrade Costs to be below the Maximum Specified Reimbursable Network Upgrade Costs. For example, if a Qualified Interconnection Study for the Adobe Project reflects Specified Reimbursable Network Upgrade Costs equal to $12,000,000 and the CAISO agrees to convert at least $2,000,000 of Specified Reimbursable Network Upgrade Costs to Specified Non-Reimbursable Network Upgrade Costs, then the Excess Specified Network Upgrade Costs shall be equal to $2,000,000. If the CAISO does not agree to convert $2,000,000 of Specified Reimbursable Network Upgrade Costs to Specified Non-Reimbursable Network Upgrade Costs, then the Specified Network Upgrade Condition shall only be satisfied under clauses (b), (c) or (d) thereof.

Related to Excess Specified Network Upgrade Costs

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  • Cannabis testing facility means an entity registered by

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