SUF definition
Examples of SUF in a sentence
Upon completion of construction, testing and acceptance of the ▇▇▇▇ Substation (Phase I and Phase II), Developer will convey the fee interest of the property (depicted in Survey Map No. 07-1135, attached to this Appendix A as Figure 6) to Transmission Owner by warranty deed and will transfer to Transmission Owner title to the Transmission Owner’s Attachment Facilities and System Upgrade Facilities (including the ring bus SUF) constructed thereon, free and clear of any liens or encumbrances.
Transco shall have no liability for any violation of Environmental Law or Release with respect to the Goethals SUF or the Goethals Substation existing on or prior to the Effective Date.
The amounts in the below table constitute the Developer Common SUF Cost Cap for each Developer.
Con Edison shall operate and maintain the Goethals SUF in a commercially reasonable manner, consistent with Good Utility Practice and in accordance with applicable Law.
Con Edison shall provide Transco, for its review, an Annual Maintenance Plan for the operations and maintenance (“O&M”) of the Goethals SUF.
Such costs shall be allocated among the Developers using the same methodology as set forth in Article 6 regarding each Developer’s responsibility for the costs of the EPC Services, subject to the Developer Common SUF Cost Cap.
If the cost of the modified Common System Upgrade Facilities is greater than the Developer Common SUF Cost Cap, the additional cost will be allocated in accordance with Sections 25.6.1.4.1 and 25.8.6.4 of Attachment S of the OATT.
The term of this Agreement (the “Term”) shall commence upon the date hereof and expire on the date on which Transco no longer has the Goethals SUF investment in rate base, unless earlier terminated by the mutual written agreement of the Parties.
Developer Common SUF Cost Cap Each Developer has accepted, and has provided Security to Affected Transmission Owner to cover, pursuant to Section 25.8 of Attachment S of the ISO OATT the cost amount identified in the Interconnection Facilities Study for Class Year 2017 for the Common System Upgrade Facilities.
Such audit and requests for records shall be subject to 30 days’ advance notice, unless otherwise required by NERC / NPCC or any unplanned external investigation that involves the Goethals SUF.