Common use of Change in Rates Clause in Contracts

Change in Rates. Nothing herein shall be construed as affecting in any way the right of Wabash Valley to unilaterally make a change in rates or charges applicable to the furnishing of service by Wabash Valley under this Agreement provided such change is approved by appropriate state and/or federal regulatory authority. Nothing contained herein shall be construed as affecting in any way the right of IPL in furnishing service under these rate schedules to unilaterally make application to the FERC for a change in rates under Section 205 of the Federal Power Act and pursuant to the FERC's Rules and Regulations promulgated thereunder.