Examples of SRAS in a sentence
Subject to this requirement, it constitutes the entire agreement of the parties in connection with the provision of the SRAS and any previous agreements, understandings and negotiations on that subject matter cease to have any effect.
Within 5 business days after the end of each Billing Period, AEMO must give the SRAS Provider a preliminary statement setting out the charges and any other amounts owed by each party to the other party under this Agreement in respect of that Billing Period (preliminary statement).
If the parties have not resolved the dispute before the time at which AEMO must give the SRAS Provider the final statement, AEMO must prepare that final statement on the basis of its own assessment of the charges and any other amounts payable under this Agreement in respect of that Billing Period.
The SRAS Provider consents to the disclosure of that information by AEMO to the extent reasonably necessary for the purposes of assessing the viability of SRAS, preparing restart plans, training in power system emergency response and in the delivery of SRAS, or any other obligation of AEMO under the NER.
If a Schedule contains any provisions that impose additional obligations to those set out in the Operative Provisions, the provisions in the Schedule apply in respect of the SRAS the subject of that Schedule, as if the provision was an Operative Provision.
Until the Conditions Precedent are met, the SRAS Provider must update AEMO at its request on the status of the fulfilment of each Condition Precedent, including the anticipated date each Condition Precedent will be fulfilled.
The SRAS Provider must use reasonable endeavours to fulfil or procure the fulfilment of the Conditions Precedent by the Conditions Precedent Fulfilment Date.
Not later than 18 business days after the end of each Billing Period, AEMO must give the SRAS Provider a final statement stating the net amount payable by one party to the other under this Agreement in respect of that Billing Period (final statement).
AEMO represents and warrants to the SRAS Provider as at the date of this Agreement and at all times after the date of this Agreement that AEMO’s obligations under this Agreement are enforceable in accordance with their terms.
AEMO may request a copy of any of the records maintained under clause 8.1(a) or any other information in connection with SRAS at any time during the period referred to in clause 8.1(b).