Common use of Agreement to Execute Clause in Contracts

Agreement to Execute. (a) In consideration of the funds to be provided hereunder by the Participants, at any time on or after the date hereof IID shall upon the request of any Participant or its Associated Producer enter into (i) a Standard Form Transmission Agreement which gives such Participant or its Associated Producer the right to transmission service over IID's Transmission System to Edison's Electric System in an aggregate amount equal to such Participant's Capacity Nomination, and (ii) Plant Connection Agreements which allow such Participant or its Associated Producer to connect each of its Qualifying Facilities listed in Exhibit 1 to IID's Transmission System. The amount of transmission service to which a Participant or its Associated Producer is entitled shall be reflected as the sum of the Maximum Transmission Service Entitlements (as defined in the Standard Form Transmission Agreement) entered in clause 4 of Exhibit II and any succeeding Exhibits to the Standard Form Transmission Agreement, and shall be subject to adjustment as provided therein. The amount of transmission service available to each Qualifying Facility associated with a Participant or its Associated Producer shall be as indicated in Exhibit 1, as the same may be amended from time to time, and shall be entered as the Maximum Transmission Service Entitlement in an appropriate Exhibit to the Standard Form Transmission Agreement. At the request of a Participant, Exhibit 1 shall be amended so as to add or delete Qualified Facilities, to add to or reduce the transmission capacity available to one or more Qualified Facilities, or to shift transmission capacity from one Qualified Facility to another; provided that all such Qualified Facilities shall be Qualified Facilities owned or operated by such Participant or one or more of its Associated Producers; and provided further that the total of the Maximum Transmission Service Entitlements designated for such Qualified Facilities in Exhibit 1 shall not exceed the Participant's then current Capacity Nomination; and provided further that, unless IID agrees otherwise, no such amendment of Exhibit 1 shall result in an increase of the sum of IID's Reserved Capacity and the Maximum Transmission Service Entitlements of all Qualifying Facilities connected to the Highline substation to a level greater than one-half the Normal Transmission Capacity. At the request of a Participant, IID shall from time to time enter into such Standard Form Transmission Agreements and agree to such amendments or terminations thereof as are necessary to secure for such Participant and its Associated Producers the rights to transmission service indicated in Exhibit 1, as the same may be amended from time to time.

Appears in 4 contracts

Samples: Funding and Construction Agreement (Ormat Technologies, Inc.), Funding and Construction Agreement (Ormat Technologies, Inc.), Funding and Construction Agreement (Ormat Technologies, Inc.)

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