NYISO Rules definition

NYISO Rules means the NYISO tariff, and all NYISO manuals, rules, procedures, agreements or other documents governing the participation of market participants in the NYISO markets as in effect from time to time.

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NYISO Rules means all rules, practices and procedures adopted by NYISO, and governing wholesale power markets and transmission in New York, as such rules may be amended from time to time, including but not limited to, the NYISO Tariff and the agreements, orders, manuals, procedures, practices and business process documents published by NYISO via its web site and/or by its e-mail distribution to its market participants, as amended, superseded or restated from time to time.

NYISO Rules means the then-current rules and protocols of the New York ISO that govern the sale of Energy-Related Products by a generator to the New York ISO, which rules and protocols contemplate, as of the Restructuring Effective Date, in the case of energy, a maximum forward delivery date of one day or less and, in the case of capacity, a maximum forward delivery date of seven months from the date on which capacity is sold for periods of six consecutive months pursuant to the capacity auction that is conducted by the New York ISO twice each calendar year.

Examples of NYISO Rules in a sentence

Buyer may request Seller to reschedule the outage or, if the outage has begun, to expedite the completion thereof, and Seller shall use commercially reasonable efforts to comply with such request and applicable NYISO Rules.
In such event, the Contract Capacity shall be revised based on the results of any in-period test conducted by Seller as required by NYISO Rules and any deficiency charges shall be Seller’s sole responsibility.
A Party requesting or performing a test shall provide written notice thereof to the other Party, which shall be the lesser of seven (7) Days or the requisite notice period set forth under then applicable NYISO Rules for such test.
Seller shall give Buyer prior written notice of any proposed change in the annual Planned Outage schedule consistent with the NYISO Rules set forth in the Outage Schedule Manual and any such change shall be subject to Buyer’s approval (in consultation with the Connecting Transmission Owner) which shall not be unreasonably withheld or delayed.
The Operating Instructions shall be consistent with this Agreement and shall conform to the Project’s and Connecting Transmission Owner’s Electrical System operating parameters and characteristics that are in effect on or after the date of this Agreement and the NYISO Rules.
The DMNC procedures in effect under NYISO Rules from time to time shall be the test used to establish the Contract Capacity, provided that if NYISO Rules are amended or discontinued such that no equivalent test procedures are included, the Parties will utilize the last set of procedures in such NYISO Rules prior to such amendment or discontinuance.
Seller shall ensure that the Project and its provision of Products under this Agreement conforms to all applicable NYISO Rules, NERC requirements, all applicable rules for the Connecting Transmission Owner’s Electrical System, and the Operating Instructions.
In the event a Planned Outage or Maintenance Outage is commenced and continuing, and a Forced Outage occurs, Seller shall promptly notify Buyer and such Outage shall be re-designated as a Forced Outage as of the date of the original Planned Outage or Maintenance Outages is first extended to the maximum extent permitted in accordance with NYISO Rules and APPENDIX 9: OPERATING LIMITS.
For the duration of the Contract Term, Seller shall: (a) comply with applicable NRC requirements (including insurance requirements); (b) maintain the Facility in Commercial Operation in good operating condition in accordance with Good Utility Practice; and (c) operate the Facility in compliance with the NYISO Rules.
Buyer and Seller, through a previously designated individual (with authority and ability to respond to such event) whose name and contact information shall be incorporated into the Operating Instructions, shall be immediately available to each other for communications during a Forced Outage and shall respond with all necessary promptness in accordance with NYISO Rules.

More Definitions of NYISO Rules

NYISO Rules means the NYISO Open Access Transmission Tariff, the NYISO Market Services Tariff and all NYISO manuals, technical bulletins, rules, procedures, agreements or other documents relating to the operation of, reliability and purchase and sale of Products as such govern the participation of market participants with respect thereto in the markets administered by NYISO as in effect from time-to-time (provided that in the event of a conflict between FERC filed tariffs and other documents referred to in this definition, the provisions of FERC filed tariffs shall prevail).