Agreement to Fund Shared Network Upgrades Sample Clauses

The Agreement to Fund Shared Network Upgrades clause establishes the parties' commitment to jointly finance improvements or enhancements to a shared network infrastructure. Typically, this clause outlines the scope of the upgrades, the method for determining each party's financial contribution, and the process for coordinating payments and project management. By clearly defining funding responsibilities, this clause ensures that necessary network improvements are completed efficiently and equitably, preventing disputes over cost allocation and supporting the continued reliability and capacity of the shared network.
Agreement to Fund Shared Network Upgrades. Interconnection Customer agrees to fund Shared Network Upgrades, as determined by Transmission Provider. Where applicable, payments to fund Shared Network Upgrade(s) that are made to Transmission Provider by Interconnection Customer will be disbursed by Transmission Provider to the appropriate entities that funded the Shared Network Upgrades in accordance with Attachment X and Attachment FF of the Tariff. In the event that Interconnection Customer fails to meet its obligation to fund Shared Network Upgrades, Transmission Owner and Transmission Provider shall not be responsible for the Interconnection Customer’s funding obligation.
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Agreement to Fund Shared Network Upgrades. Interconnection Customer agrees to fund Shared Network Upgrades, as determined by Transmission Provider. Where applicable, payments to fund Shared Network Upgrade(s) that are made to Transmission Provider by Interconnection Customer will be disbursed by Transmission Provider to the appropriate entities that funded the Shared Network Upgrades in accordance with Attachment X and Attachment FF of the Tariff. In the event that Interconnection Customer fails to meet its obligation to
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Related to Agreement to Fund Shared Network Upgrades

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