Common use of Metering Systems Clause in Contracts

Metering Systems. (a) The Parties acknowledge that for the purposes of determining Net Delivered Energy, the Metering System and Back-Up Metering System are required prior to the delivery of any Net Delivered Energy to the Interconnection Point for sale hereunder. (b) Not later than three hundred (300) Days prior to the then Scheduled Commercial Operations Date, the Purchaser shall have procured at its expense and shall provide to the Seller the Metering System. The Purchaser shall ensure that such Metering Systemshall be in good working order in accordance with the approved Purchaser specifications. If the Purchaser has not provided the Metering System to the Seller by such date, the Seller may procure the Metering System (with specifications stated in Schedule 6) and invoice the Purchaser for the reasonable costs thereof as a Pass-Through Item. The Seller shall procure and install an electronic recorder or any other state-of- the-art recording equipment, approved by the Purchaser, capable of making continuous recordings of the Net Delivered Energy, which after procurement and installation by the Seller shall constitute a part of the Metering System. Such Net Delivered Energy shall be measured and recorded on appropriate magnetic media or equivalent which recording shall be used to compute Energy Payments. (c) The Metering System and the Back-Up Metering System shall be (i) fully compatible with the characteristics of automatic meter reading (AMR) system; and (b) compliant with the latest NTDC standards (which shall be provided to the Seller immediately upon request therefor).

Appears in 1 contract

Sources: Energy Purchase Agreement

Metering Systems. (a) The Parties acknowledge that for the purposes of determining Net Delivered Energy, the Metering System and Back-Up Metering System are required prior to the delivery of any Net Delivered Energy to the Interconnection Point for sale hereunder. (b) Not later than three hundred (300) Days prior to the then Scheduled Commercial Operations Date, the Purchaser shall have procured at its expense and shall provide to the Seller the Metering System. The Purchaser shall ensure that such Metering Systemshall System shall be in good working order in accordance with the approved Purchaser specifications. If the Purchaser has not provided the Metering System to the Seller by such date, the Seller may procure the Metering System (with specifications stated in Schedule 6) 6 and invoice the Purchaser for the reasonable costs thereof as a Pass-Through Item. The Seller shall procure and install an electronic recorder or any other state-of- the-art recording equipment, approved by the Purchaser, capable of making continuous recordings of the Net Delivered Energy, which after procurement and installation by the Seller shall constitute a part of the Metering System. Such Net Delivered Energy shall be measured and recorded on appropriate magnetic media or equivalent which recording shall be used to compute Energy Payments. (c) The Metering System and the Back-Up Metering System shall be (i) fully compatible with the characteristics of automatic meter reading (AMR) system; and (b) compliant with the latest NTDC standards (which shall be provided to the Seller immediately upon request therefor).

Appears in 1 contract

Sources: Energy Purchase Agreement