Common use of Reliability Standards Clause in Contracts

Reliability Standards. Seller shall operate the Exchange Resource in a manner that complies with the reliability standards that apply to geothermal electric generation facilities, including standards set by the Transmission Operator, NERC, WECC, and FERC, or any successor agencies setting reliability standards for the operation of such generation facilities. To the extent that Seller does not operate the Exchange Resource in accordance with such standards and Seller’s performance results in monetary penalties being assessed against Seller, the Exchange Resource or Purchaser by the Transmission Operator, NERC, WECC, or FERC, as between Purchaser and Seller, Seller shall be solely responsible for paying any such monetary penalties.