Common use of Security to be Provided Clause in Contracts

Security to be Provided. Pursuant to Section 11.5 of this Agreement, Developer shall provide Security to National Grid (i) in the amount of $980,000 for the new Attachment Facilities required for the expansion project, and (ii) in the amount of $826,000 for the additional new Attachment Facilities not required for the expansion project, on or before the dates shown for the provision of such Security in the table of Milestones above. SERVICE AGREEMENT NO. 1757 Appendix C 1. Description of Large Generating Facility and Other Interconnection Details Developer operates the existing Nine ▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇ ▇ nuclear power plant (the “Existing Facility”), which is located in Oswego, New York and which is co-owned by the Developer and the Long Island Lighting Company (d/b/a LIPA). The Existing Facility currently has a capacity of 1212 MW using a General Electric generator rated at 25 kV, 1399.22 MVA at 0.9 Power Factor. The Existing Facility has a 500 MVAR over- excited reactive power capability and a 50 MVAR under-excited reactive power capability. The generator step-up transformers for the Existing Facility are rated 202 kV- 24.3 kV, 408/457 MVA, to step-up generator voltage from 25 kV to 345 kV for interconnection to the New York State Transmission System through the Scriba Substation at the Existing Facility. Developer is expanding the Existing Facility by 168 MW through an uprate project, Queue Position 216 (the “Expansion Project”). The Expansion Project includes replacement of the high pressure turbine of the Existing Facility, but not the generator or main transformer. The new Attachment Facilities required for the Expansion Project are described in Section 1.a.ii and Section 1.b.ii of Appendix A of this Agreement. The combined capacity of the Existing Facility and the Expansion Project (together the “Large Generating Facility”) will total 1380 MW at a nominal 0.986 Power Factor to maintain the generator within its rating. The over-excited reactive power capability of the Large Generating Facility will be reduced to 233 MVAR as a result of the Expansion Project. The under-excited reactive power capability of the Large Generating Facility will remain unchanged at 50 MVAR. Figure A-1, in Appendix A on page A-13 of this Agreement, provides a one-line diagram of the interconnection of the Large Generating Facility in the Scriba Substation. Figure A-1 shows the Points of Interconnection on the “A” Bus and the “B” Bus of National Grid’s 345 kV transmission system, and differentiates between the Developer Attachment Facilities and Connecting Transmission Owner’s Attachment Facilities depicted in the diagram.

Security to be Provided. Pursuant to Section 11.5 of this Agreement, Developer shall provide Security to National Grid (i) in the amount of $980,000 for the new Attachment Facilities required for the expansion project, and (ii) in the amount of $826,000 for the additional new Attachment Facilities not required for the expansion project, on or before the dates shown for the provision of such Security in the table of Milestones above. SERVICE AGREEMENT NO. 1757 Appendix C 1. Description of Large Generating Facility and Other Interconnection Details Developer operates the existing Nine ▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇ ▇ Mile Point Unit 2 nuclear power plant (the “Existing Facility”), which is located in Oswego, New York and which is co-owned by the Developer and the Long Island Lighting Company (d/b/a LIPA). The Existing Facility currently has a capacity of 1212 MW using a General Electric generator rated at 25 kV, 1399.22 MVA at 0.9 Power Factor. The Existing Facility has a 500 MVAR over- excited reactive power capability and a 50 MVAR under-excited reactive power capability. The generator step-up transformers for the Existing Facility are rated 202 kV- 24.3 kV, 408/457 MVA, to step-up generator voltage from 25 kV to 345 kV for interconnection to the New York State Transmission System through the Scriba Substation at the Existing Facility. Developer is expanding the Existing Facility by 168 MW through an uprate project, Queue Position 216 (the “Expansion Project”). The Expansion Project includes replacement of the high pressure turbine of the Existing Facility, but not the generator or main transformer. The new Attachment Facilities required for the Expansion Project are described in Section 1.a.ii and Section 1.b.ii of Appendix A of this Agreement. The combined capacity of the Existing Facility and the Expansion Project (together the “Large Generating Facility”) will total 1380 MW at a nominal 0.986 Power Factor to maintain the generator within its rating. The over-excited reactive power capability of the Large Generating Facility will be reduced to 233 MVAR as a result of the Expansion Project. The under-excited reactive power capability of the Large Generating Facility will remain unchanged at 50 MVAR. Figure A-1, in Appendix A on page A-13 of this Agreement, provides a one-line diagram of the interconnection of the Large Generating Facility in the Scriba Substation. Figure A-1 shows the Points of Interconnection on the “A” Bus and the “B” Bus of National Grid’s 345 kV transmission system, and differentiates between the Developer Attachment Facilities and Connecting Transmission Owner’s Attachment Facilities depicted in the diagram.