Reliability Standards. Seller shall operate the Facility in a manner that complies with all national and regional reliability standards, including standards set by NERC, FERC, MRO and the URC, or any successor agencies setting reliability standards for the operation of generation facilities. To the extent that Seller or the Facility contributes in whole or in part to actions that result in monetary penalties being assessed to Company by NERC, the MRO, or any successor agency, for lack of compliance with reliability standards, Seller shall reimburse Company for its share of such monetary penalties.
Appears in 2 contracts
Sources: Wind Energy Purchase Agreement (Otter Tail Corp), Wind Energy Purchase Agreement (Otter Tail Corp)
Reliability Standards. Seller shall operate the Facility in a manner that complies with all national and regional reliability standards, including standards set by NERCthe Transmission Operator, FERCRFC, MRO NERC and the URCFERC, or any successor agencies setting reliability standards for the operation of generation facilities. To the extent that Seller or does not operate the Facility contributes in whole or in part to actions accordance with such standards that result in monetary penalties being assessed to Company Purchaser by the Transmission Operator, RFC, NERC, or the MRO, or any successor agency, for lack of compliance with reliability standardsFERC, Seller shall reimburse Company Purchaser for its share of such monetary penalties.
Appears in 1 contract
Sources: Renewable Energy Purchase Agreement