Common use of Measurement and Verification Plan Clause in Contracts

Measurement and Verification Plan. (a) Not less than ninety (90) Business Days prior to the Term Commencement Date, the Supplier shall submit to the Buyer for its approval a Measurement and Verification Plan for the DR Project containing the minimum elements set out in Exhibit L. The Buyer agrees to review the Measurement and Verification Plan submitted by the Supplier, and to either approve the plan or provide the Supplier with its comments by the later of fifteen (15) Business Days after receipt and fifteen (15) Business Days prior to the Term Commencement Date. The receipt and review by the Ontario Ministry of Energy of an outline of a measurement and verification plan as part of the Proposal shall not, under any circumstances, be constituted or deemed to be an express or implied acceptance or approval by the Ministry of the form, content, or methodology set out therein and shall not bind or constitute an estoppel against the Buyer or the Supplier for purposes of agreeing upon the form, content, and methodology of the Measurement and Verification Plan required to be provide by the Supplier pursuant to this Section 4.1(a). (b) The Supplier agrees to promptly notify and provide the Buyer with copies of any proposed amendments or modifications to the Measurement and Verification Plan, and acknowledges that no such proposed amendment or modification to the Measurement and Verification Plan shall be effective without the consent of the Buyer, which consent shall not be unreasonably withheld.

Measurement and Verification Plan. (a) Not less than ninety (90) Business Days prior to the Term Commencement Date, the Supplier shall submit to the Buyer for its approval a Measurement and Verification Plan for the DR DSM Project containing the minimum elements set out in Exhibit L. M. The Buyer agrees to review the Measurement and Verification Plan submitted by the Supplier, and to either approve the plan or provide the Supplier with its comments by the later of fifteen (15) Business Days after receipt and fifteen (15) Business Days prior to the Term Commencement Date. The receipt and review by the Ontario Ministry of Energy of an outline of a measurement and verification plan as part of the Proposal shall not, under any circumstances, be constituted or deemed to be an express or implied acceptance or approval by the Ministry of the form, content, or methodology set out therein and shall not bind or constitute an estoppel against the Buyer or the Supplier for purposes of agreeing upon the form, content, and methodology of the Measurement and Verification Plan required to be provide provided by the Supplier pursuant to this Section 4.1(a). (b) The Supplier agrees to promptly notify and provide the Buyer with copies of any proposed amendments or modifications to the Measurement and Verification Plan, and acknowledges that no such proposed amendment or modification to the Measurement and Verification Plan shall be effective without the consent of the Buyer, which consent shall not be unreasonably withheld.