Distribution Of Emergency Procedure Charges. 1. Each Party and each party to the RAA that has complied with the emergency procedures imposed by this Agreement or the RAA during an Emergency, without incurring an emergency procedure charge, shall share in any emergency procedure charges paid by any other Party or by any party to the RAA that has failed to satisfy said obligation during an Emergency. Such shares shall be in proportion to the sum of the Accounted For Obligations (calculated without any reduction for ALM load credit) of of the Parties and each of the parties to the RAA entitled to share in the charges, for the most recent month.
Appears in 6 contracts
Samples: Reliability Assurance Agreement (Columbus Southern Power Co /Oh/), Reliability Assurance Agreement (Kentucky Power Co), Reliability Assurance Agreement (Ohio Power Co)
