Examples of Transmission substation in a sentence
The classification of each of the Transmission Line Land Rights and Transmission Substation Land Rights, as determined in accordance with Sections 2.1 through 2.4, shall be listed on Schedule 3.2 and Schedule 3.3, respectively.
Transmission Line Land Rights shall be classified pursuant to either Section 2.2 or 2.3. Transmission Substation Land Rights shall be classified pursuant to Section 2.4. The Contributor shall elect, by giving written notice to ATCLLC upon execution of this Agreement, either the Circuit Method or the Parcel-by-Parcel Method for classifying the Transmission Line Land Rights.
The Transmission Line Land Rights and Transmission Substation Land Rights to be contributed hereunder shall be classified according to this Article II.
At ATCLLC's request, items used and useful in the operation of the Transmission Line Facilities or Transmission Substation Facilities, or in managing Transmission Line Land Rights or Transmission Substation Land Rights, and not otherwise used or useful in the Contributor's business shall be transferred to ATCLLC at their Contribution Value for cash.
Transmission Owner shall, in accordance with Good Utility Practice, own, operate, maintain and test those Protective Relays, relaying communications systems, current transformers, battery banks and potential transformers that constitute Transmission Substation Facilities.
Except as otherwise expressly provided hereunder, Transmission Owner shall be responsible for the costs of maintaining, operating, repairing or replacing the Transmission System, including Transmission Owner’s Interconnection Equipment, Transmission Substation Facilities and Transmission Common Use Facilities.
The Transmission Owner may request, from the Local Distribution Company or appropriate service provider, additional Station Power sources to the Transmission Substation Facilities, or to new transmission substation(s); provided that the provision of such additional Station Power sources shall be subject to the terms and rates of the Local Distribution Company’s, or appropriate service provider’s, applicable tariff for such service.
The following items shall be prorated and adjusted between the parties or paid at Closing: (i) ad valorem taxes on real property shall be prorated on a calendar year basis to the Operations Date; (ii) ad valorem taxes on personal property, if any, shall be prorated on a calendar year basis to the Operations Date; and (iii) rents and other charges due under a Transmission Substation Lease, Transmission Line Lease or other leased property that is a Contributed Asset shall be prorated to the Operations Date.
Transmission Owner shall be responsible for the operation and maintenance of Transmission Substation Facilities, including the Transmission Common Use Facilities, and for all costs associated with such operation and maintenance.
Transmission Substation Land Rights shall be classified pursuant to Section 2.3.