GVEA definition
Examples of GVEA in a sentence
However, this Agreement does not supersede related written agreements, such as the Intertie maintenance agreements between AEA and GVEA or AML&P, but is to be interpreted consistently with them.
If a fixed cost fee for operation of the Intertie is established under Section 10.3.4 of this Article, then within thirty (30) days of the end of each month the IMC shall pay to AML&P and GVEA one-twelfth of their respective yearly fixed cost fees for operation of the Intertie.
AML&P and GVEA will furnish the IMC such operating and financial statements relating to operation of the Intertie as may be reasonably requested by AEA or the IMC.
Such work shall be performed at a time and in a manner to prevent unreasonable interference with AML&P and GVEA operations.
If the Participants have not agreed upon a fixed cost fee for operation of the Intertie under Section 10.3.4 of this Article, then the IMC shall reimburse AML&P and GVEA within thirty (30) days of the receipt of their invoices.
GVEA shall be responsible for the operation of the northern assets of the Intertie, including but not limited to, coordination with other utilities, the terminal facilities, communication facilities, the Intertie transmission line, and other facilities north of the ▇▇▇▇▇▇▇ Substation (as more specifically illustrated and defined in the Intertie Facilities Diagram in Exhibit E of this Agreement).
AML&P shall have the responsibility for scheduling transfers on the Intertie for the Participants and Users of the Southern Group and coordinating them with GVEA under: (i) the provisions of this Agreement; (ii) any operating policies and procedures or Reliability Standards; and (iii) the procedures adopted by the IMC.
In maintaining accounts for operation of the Intertie, AML&P and GVEA will follow the system of accounts prescribed for public utilities and licensees by the Federal Energy Regulatory Commission, conform to Section 12.2.2, Cost Records, and GAAP.
The IMC may at any time designate another Participant to assume such responsibility from GVEA or AML&P with the affirmative vote of a minimum of 75 percent of the members of the IMC constituting greater than 66 percent of the total Annual System Demand of all members of the IMC, including the affirmative vote of AEA.
GVEA shall have the responsibility for scheduling transfers on the Intertie for the Participants and Users of the Northern Group and coordinating them with AML&P under: (i) the provisions of this Agreement; (ii) any operating policies and procedures or Reliability Standards; and (iii) the procedures adopted by the IMC.