Common use of FERC Rejection Clause in Contracts

FERC Rejection. If, prior to the ▇▇▇▇ Commencement Date, this Agreement is rejected by an order from FERC, the Parties will meet and confer within ten (10) business days to determine that they will cooperatively seek further available remedies with respect to such FERC order, or not pursue such remedies (“Rejection”). Unless otherwise agreed to by the Parties, if Rejection occurs, SPP will take all reasonable efforts to stop incurring Implementation Costs as defined in Exhibit A and ▇▇▇▇ Participant will pay SPP its NEL Share of Implementation Cost as determined pursuant to Exhibit A that have been incurred by SPP.

Appears in 1 contract

Sources: Western Joint Dispatch Agreement

FERC Rejection. If, prior to the ▇▇▇▇ WEIS Commencement Date, this Agreement is rejected by an order from FERC, the Parties will meet and confer within ten (10) business days to determine that they will cooperatively seek further available remedies with respect to such FERC order, or not pursue such remedies (“Rejection”). Unless otherwise agreed to by the Parties, if Rejection occurs, SPP will take all reasonable efforts to stop incurring Implementation Costs as defined in Exhibit A and ▇▇▇▇ WEIS Participant will pay SPP its NEL Share of Implementation Cost as determined pursuant to Exhibit A that have been incurred by SPP.

Appears in 1 contract

Sources: Western Joint Dispatch Agreement