Common use of Conservative Operations Clause in Contracts

Conservative Operations. When any one Party identifies an overload/emergency situation that may impact the other Party’s system and the other Party’s results/systems do not observe a similar situation, both Parties will operate to the most conservative result until the Parties can identify the reasons for these difference(s).

Appears in 10 contracts

Sources: Joint Operating Agreement, Joint Operating Agreement, Joint Operating Agreement

Conservative Operations. When any one Party identifies an overload/emergency situation that may impact the other Party’s Party‟s system and the other Party’s Party‟s results/systems do not observe a similar situation, both Parties will operate to the most conservative result until the Parties can identify the reasons for these difference(s).

Appears in 1 contract

Sources: Joint Operating Agreement