Interconnection Financial Security definition

Interconnection Financial Security means any of the financial instruments listed in Section 9.1 of the GIP that are posted by an Interconnection Customer. Interconnection Handbook shall mean a handbook, developed by the Participating TO and posted on the Participating TO’s web site or otherwise made available by the Participating TO, describing technical and operational requirements for wholesale generators and loads connected to the Participating TO's portion of the CAISO Controlled Grid, as such handbook may be modified or superseded from time to time. Participating TO's standards contained in the Interconnection Handbook shall be deemed consistent with Good Utility Practice and Applicable Reliability Standards. In the event of a conflict between the terms of this LGIA and the terms of the Participating TO's Interconnection Handbook, the terms in this LGIA shall apply. Interconnection Request shall mean a request, in the form of Appendix 1 to the Generator Interconnection Procedures, in accordance with the CAISO Tariff. Interconnection Service shall mean the service provided by the Participating TO and CAISO associated with interconnecting the Interconnection Customer’s Generating Facility to the Participating TO’s Transmission System and enabling the CAISO Controlled Grid to receive electric energy and capacity from the Generating Facility at the Point of Interconnection, pursuant to the terms of this LGIA, the Participating TO’s Transmission Owner Tariff, and the CAISO Tariff. Interconnection Study shall mean
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Interconnection Financial Security has the meaning set forth in the CAISO Tariff.
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Interconnection Financial Security. Any of the financial instruments listed in Rule 21 Section F.4.a. Interconnection Handbook shall mean a handbook, developed by the Distribution Provider and posted on the Distribution Provider’s website or otherwise made available by the Distribution Provider, describing the technical and operational requirements for wholesale generators and loads connected to the Distribution System, as such handbook may be modified or superseded from time to time. Distribution Provider’s standards contained in the Interconnection Handbook shall be deemed consistent with Good Utility Practice and Applicable Reliability Standards. In the event of a conflict between the terms of this GIA and the terms of the Distribution Provider’s Interconnection Handbook, the terms in this GIA shall govern. Interconnection Request shall mean an Applicant’s request to interconnect a new Generating Facility, or to increase the capacity of, or make a Material Modification to the operating characteristics of, an existing Generating Facility that is interconnected with the Distribution Provider’s Distribution or Transmission System. Interconnection Service shall mean the service provided by the Distribution Provider associated with interconnecting the Interconnection Customer’s Generating Facility to the Distribution Provider’s Distribution System and enabling it to receive electric energy and capacity from the Generating Facility at the Point of Interconnection, pursuant to the terms of the GIA and, if applicable, the Distribution Provider's Rule 21. Interconnection Study shall mean a study to establish the requirements for Interconnection of a Generating Facility with Distribution Provider’s Distribution System or Transmission System, pursuant to Rule 21. For an Applicant in the Transmission Cluster Study Process, this shall mean any of the following studies: the Phase I Interconnection Study and the Phase II Interconnection Study described in Section 4.5 and Section 4.6 of the GIP. For an Applicant in the Independent Study Process, this shall mean any of the following studies: the Interconnection System Impact Study and the Interconnection Facilities Study.
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Examples of Interconnection Financial Security in a sentence

  • Failure by the Interconnection Customer to timely satisfy the GIDAP’s requirements for the provision of Interconnection Financial Security shall be deemed a breach of this Agreement and a condition of Default of this Agreement.

  • The Interconnection Customer is obligated to provide all necessary Interconnection Financial Security required under Section 11 of the GIDAP in a manner acceptable under Section 11 of the GIDAP.

  • If, as of the date of the other Parties’ receipt of the notice of termination, the Interconnection Customer has not already paid its share of Network Upgrade costs, as set forth in Appendix G to this LGIA, the Participating TO will liquidate the Interconnection Customer’s Interconnection Financial Security associated with its cost responsibility for Network Upgrades, in accordance with Section 11.4 of the GIDAP.

  • Failure by the Interconnection Customer to timely satisfy the GIP’s requirements for the provision of Interconnection Financial Security shall be deemed a breach of this Agreement and a condition of Default of this Agreement.

  • The Interconnection Customer is obligated to provide all necessary Interconnection Financial Security required under Section 9 of the GIP in a manner acceptable under Section 9 of the GIP.

  • If, as of the date of the other Parties’ receipt of the notice of termination, the Interconnection Customer has not already reimbursed the Participating TO and the CAISO for costs incurred to construct the Participating TO’s Interconnection Facilities, the Participating TO will liquidate the Interconnection Customer’s Interconnection Financial Security associated with the construction of the Participating TO’s Interconnection Facilities, in accordance with Section 11.4 of the GIDAP.

  • Any such additional amounts due from the Interconnection Customer beyond the amounts covered by its Interconnection Financial Security will be due to the Participating TO immediately upon termination of this LGIA in accordance with Section 11.4 of the GIDAP.

  • If the amount of the Interconnection Financial Security exceeds the Interconnection Customer’s cost responsibility under Section 11.4 of the GIDAP, any excess amount will be released to the Interconnection Customer in accordance with Section 11.4 of the GIDAP.

  • If the amount of the Interconnection Financial Security liquidated by the Participating TO under this Article 2.4 is insufficient to compensate the CAISO and the Participating TO for actual costs associated with the construction of the Participating TO’s Interconnection Facilities contemplated in this Article, any additional amounts will be the responsibility of the Interconnection Customer, subject to the provisions of Section 11.4 of the GIDAP.

  • The Interconnection Customer is obligated to provide all necessary Interconnection Financial Security required under Section 9 of the LGIP in a manner acceptable under Section 9 of the LGIP.