Common use of Execution of Service Agreement Clause in Contracts

Execution of Service Agreement. Except as provided in Section 17.6.2 below, whenever the Transmission Provider determines that a System Impact Study is not required and that the service can be provided, it shall notify the Eligible Customer as soon as practicable but no later than thirty (30) days after receipt of the Completed Application. Where a System Impact Study is required, the provisions of Section 19 (and, where applicable, Section 17.6.2) will govern the execution of a Service Agreement. Failure of an Eligible Customer to execute and return the Service Agreement or request to initiate service in the absence of an executed Service Agreement pursuant to Section 15.3, within fifteen (15) days after it is tendered by the Transmission Provider will be deemed a withdrawal and termination of the Application and any deposit submitted shall be refunded, without interest, or the release of any escrow funds authorized. Nothing herein limits the right of an Eligible Customer to file another Application after such withdrawal and termination.