Common use of Negotiated Option Clause in Contracts

Negotiated Option. If the dates designated by Interconnection Customer pursuant to Article 5.1 are not acceptable to Transmission Owner, the Parties shall in good faith attempt to negotiate terms and conditions (including revision of the specified dates and liquidated damages, the provision of incentives, or the procurement and construction of all facilities other than Transmission Owner’s

Appears in 11 contracts

Sources: Generator Interconnection Agreement, Generator Interconnection Agreement, Generator Interconnection Agreement

Negotiated Option. If the dates designated by Interconnection Customer pursuant to Article 5.1 are not acceptable to Transmission Owner, the Parties shall in good faith attempt to negotiate terms and conditions (including revision of the specified dates and liquidated damages, the provision of incentives, or the procurement and construction of all facilities other than Transmission Owner’s’s Interconnection Facilities and Stand Alone Network Upgrades if the

Appears in 4 contracts

Sources: Generator Interconnection Agreement, Generator Interconnection Agreement, Generator Interconnection Agreement

Negotiated Option. If the dates designated by Interconnection Customer pursuant to Article 5.1 are not acceptable to Transmission Owner, the Parties shall in good faith attempt to negotiate terms and conditions (including revision of the specified dates and liquidated damages, the provision of incentives, or the procurement and construction of all facilities other than Transmission Owner’sthe

Appears in 3 contracts

Sources: Generator Interconnection Agreement, Generator Interconnection Agreement, Generator Interconnection Agreement

Negotiated Option. If the dates designated by Interconnection Customer pursuant to Article 5.1 are not acceptable to Interconnecting Transmission Owner, the Parties shall in good faith attempt to negotiate terms and conditions (including revision of the specified dates and liquidated damages, the provision of incentives, or the procurement and construction of all facilities other than the Interconnecting Transmission Owner’s’s Interconnection Facilities and Stand Alone Network Upgrades if the Interconnection Customer elects to exercise the Option to Build under Article 5.1.3). If the Parties are unable to reach agreement on such terms and conditions, then, pursuant to Article 5.1.1 (Standard Option), Interconnecting

Appears in 1 contract

Sources: Service Agreement