Common use of Security to be Posted Clause in Contracts

Security to be Posted. Developer has provided security to the Connecting Transmission Owner in the amount of $15,301,600: (i) to satisfy the security requirement for the Connecting Transmission Owner’s Attachment Facilities pursuant to Section 11.5 of this Agreement, and (ii) to satisfy its estimated Project Cost Allocation preliminarily determined for its share of the required Stand Alone System Upgrade Facilities and Other System Upgrade Facilities for Class Year 2017. If the final Project Cost Allocation for System Upgrade Facilities determined for Developer’s project in the Class Year Study for Class Year 2017 is greater than the Security that Developer has provided the Connecting Transmission Owner, the Developer will provide the additional Security required to satisfy its Project Cost Allocation within the deadlines for providing Security set forth in Attachment S of the NYISO OATT. If the final Project Cost Allocation is less than the Security that Developer has provided, the Connecting Transmission Owner shall return the excess Security to the Developer. SERVICE AGREEMENT NO. 2356 APPENDIX C INTERCONNECTION DETAILS 1. Description of Large Generating Facility, including Point of Interconnection The Large Generating Facility will be a 78.4 MW wind farm located in Arkwright, New York. The Large Generating Facility will consist of thirty-six (36) Vestas V110 wind turbines (32 - 2.2 MW turbines and 4 - 2.0 MW turbines), with a total reactive power capability corresponding to a power factor of 0.988 lagging to 0.987 leading. The output from each turbine will be stepped up to 34.5 kV through individual pad mount 690 V-34.5 kV, 2.3 MVA transformers. The 36 units will be distributed over three (3) radial 34.5 kV underground feeder lines (feeder 1 = 12 turbines, feeder 2 = 11 turbines, and feeder 3 = 13 turbines). The collection feeder lines will be jointed to a single 34.5 kV central bus at the Arkwright Collection Substation, where the combined power output will be transformed to 115 kV through a three winding 115Yg-34.5Yg/13.8Delta kV, 57/72/92 MVA transformer with an On-Load Tap Changer (OLTC) to regulate the low side. The Point of Interconnection for the Large Generating Facility is the Connecting Transmission Owner’s 115 ▇▇ ▇▇▇▇▇▇▇-▇▇▇▇▇▇▇▇ Lines 161 and 162, between structures 120 and 122, which is located in Connecting Transmission Owner’s Southwest Electric Operations Region, approximately 23.4 miles from the Falconer Substation and 10.7 miles from the Dunkirk Substation. Interconnection to the Connecting Transmission Owner’s transmission system will be via a five-breaker ring bus station (“POI Station”). The Point of Interconnection is identified on the one-line diagram in Figure A-1 in Appendix A. The Point of Change of Ownership shall be the line termination at the 115 kV insulators on the Laona Station termination structure. The Point of Change of Ownership is identified in Figure A-1 in Appendix A.

Security to be Posted. Developer has provided security to the Connecting Transmission Owner in the amount of $15,301,600: (i) to satisfy the security requirement for the Connecting Transmission Owner’s Attachment Facilities pursuant to Section 11.5 of this Agreement, and (ii) to satisfy its estimated Project Cost Allocation preliminarily determined for its share of the required Stand Alone System Upgrade Facilities and Other System Upgrade Facilities for Class Year 2017. If the final Project Cost Allocation for System Upgrade Facilities determined for Developer’s project in the Class Year 2017 Interconnection Facilities Study for Class Year 2017 is greater than the Security that Developer has provided the Connecting Transmission Owner, the Developer will provide the additional Security required to satisfy its Project Cost Allocation within the deadlines for providing Security set forth in Attachment S of the NYISO OATT. If the final Project Cost Allocation is less than the Security that Developer has provided, the Connecting Transmission Owner shall return the excess Security to the Developer. SERVICE AGREEMENT NO. 2356 APPENDIX C INTERCONNECTION DETAILS 1. Description of Large Generating Facility, including Point of Interconnection The Large Generating Facility will be a 78.4 MW wind farm located in Arkwright, New York. The Large Generating Facility will consist of thirty-six (36) Vestas V110 wind turbines (32 - 2.2 MW turbines and 4 - 2.0 MW turbines), with a total reactive power capability corresponding to a power factor of 0.988 lagging to 0.987 leading. The output from each turbine will be stepped up to 34.5 kV through individual pad mount 690 V-34.5 kV, 2.3 MVA transformers. The 36 units will be distributed over three (3) radial 34.5 kV underground feeder lines (feeder 1 = 12 turbines, feeder 2 = 11 turbines, and feeder 3 = 13 turbines). The collection feeder lines will be jointed to a single 34.5 kV central bus at the Arkwright Collection Substation, where the combined power output will be transformed to 115 kV through a three winding 115Yg-34.5Yg/13.8Delta kV, 57/72/92 MVA transformer with an On-Load Tap Changer (OLTC) to regulate the low side. The Point of Interconnection for the Large Generating Facility is the Connecting Transmission Owner’s 115 ▇▇ ▇▇▇▇▇▇▇-▇▇▇▇▇▇▇▇ Lines 161 and 162, between structures 120 and 122, which is located in Connecting Transmission Owner’s Southwest Electric Operations Region, approximately 23.4 miles from the Falconer Substation and 10.7 miles from the Dunkirk Substation. Interconnection to the Connecting Transmission Owner’s transmission system will be via a five-breaker ring bus station (“POI Station”). The Point of Interconnection is identified on the one-line diagram in Figure A-1 in Appendix A. The Point of Change of Ownership shall be the line termination at the 115 kV insulators on the Laona Station termination structure. The Point of Change of Ownership is identified in Figure A-1 in Appendix A.