Common use of Execution and Filing Clause in Contracts

Execution and Filing. ‌ Within fifteen (15) Business Days after receipt of the final LGIA, Interconnection Customer shall provide Transmission Provider (A) reasonable evidence of continued Site Control or proof that it has now obtained Site Control or (B) if Site Control has not been demonstrated by reasonable evidence, post $250,000 additional security, which shall be applied toward future construction costs. At the same time, Interconnection Customer also shall provide reasonable evidence that one or more of the following milestones in the development of the Large Generating Facility, at Interconnection Customer’s election, has been achieved: (i) the execution of a contract for the supply or transportation of fuel to the Large Generating Facility; (ii) the execution of a contract for the supply of cooling water to the Large Generating Facility; (iii) the execution of a contract for the engineering for, procurement of major equipment for, or construction of, the Large Generating Facility; (iv) the execution of a contract for the sale of electric energy or capacity from the Large Generating Facility; or (v) a completed application for an air, water, or land use permit. Interconnection Customer shall either: (i) execute two originals of the tendered LGIA and return both signed originals to Transmission Provider; or (ii) initiate Dispute Resolution pursuant to Section 13.5.

Execution and Filing. ‌ Within fifteen (15) Business Days after receipt of the final LGIA, Interconnection Customer shall provide Transmission Provider (A) reasonable evidence of continued Site Control or proof that it has now obtained Site Control or (B) if Site Control has not been demonstrated by reasonable evidenceposting of $250,000, post $250,000 non-refundable additional security, which shall be applied toward future construction costs. At the same time, Interconnection Customer also shall provide reasonable evidence that one or more of the following milestones in the development of the Large Generating Facility, at Interconnection Customer’s Customer election, has been achieved: (i) the execution of a contract for the supply or transportation of fuel to the Large Generating Facility; (ii) the execution of a contract for the supply of cooling water to the Large Generating Facility; (iii) the execution of a contract for the engineering for, procurement of major equipment for, or construction of, the Large Generating Facility; (iv) the execution of a contract (or comparable evidence) for the sale of electric energy or capacity from the Large Generating Facility; or (v) a completed application for statement signed by an air, water, officer or land use permit. authorized agent of the Interconnection Customer shall either: attesting the Large Generating Facility is included in an applicable state resource plan; (ivi) execute two originals of other information that the tendered LGIA and return both signed originals Transmission Provider deems to Transmission Providerbe reasonable evidence that the Large Generating Facility will qualify as a designated Network Resource; or (ii) initiate Dispute Resolution pursuant to Section 13.5.or