Common use of Termination Due to SPP RTO Membership Clause in Contracts

Termination Due to SPP RTO Membership. If ▇▇▇▇ Participant becomes a member of the SPP Regional Transmission Organization operating in the Western Interconnection, this Agreement automatically terminates when ▇▇▇▇ Participant begins receiving services from SPP pursuant to an SPP membership agreement or an SPP open access transmission tariff applicable to transmission facilities in the Western Interconnection. ▇▇▇▇ Participant’s obligations under this Agreement will be terminated at such time ▇▇▇▇ Participant’s SPP membership agreement becomes effective. If ▇▇▇▇ Participant’s Agreement terminates pursuant to this Section 3.8, ▇▇▇▇ Participant’s last reported NEL will remain in the Billable Net Energy for Load described in Exhibit A for purposes of calculating the ▇▇▇▇ Rate and the terminating ▇▇▇▇ Participant’s NEL Share of Implementation Cost Remaining will be excluded from the calculation of Implementation Cost Remaining for all other ▇▇▇▇ Participants.

Appears in 1 contract

Sources: Western Joint Dispatch Agreement

Termination Due to SPP RTO Membership. If ▇▇▇▇ WEIS Participant becomes a member of the SPP Regional Transmission Organization operating in the Western Interconnection, this Agreement automatically terminates when ▇▇▇▇ WEIS Participant begins receiving services from SPP pursuant to an SPP membership agreement or an SPP open access transmission tariff applicable to transmission facilities in the Western Interconnection. ▇▇▇▇ WEIS Participant’s obligations under this Agreement will be terminated at such time ▇▇▇▇ WEIS Participant’s SPP membership agreement becomes effective. If ▇▇▇▇ WEIS Participant’s Agreement terminates pursuant to this Section 3.8, ▇▇▇▇ WEIS Participant’s last reported NEL will remain in the Billable Net Energy for Load described in Exhibit A for purposes of calculating the ▇▇▇▇ WEIS Rate and the terminating ▇▇▇▇ WEIS Participant’s NEL Share of Implementation Cost Remaining will be excluded from the calculation of Implementation Cost Remaining for all other ▇▇▇▇ WEIS Participants.

Appears in 1 contract

Sources: Western Joint Dispatch Agreement