CAISO Metered Entity definition
Examples of CAISO Metered Entity in a sentence
The CAISO Metered Entity shall provide in the format prescribed by Schedule 1 to this Agreement the required information with respect to all of its meters used to provide Meter Data to the CAISO.
The provisions of Section 14 of the CAISO Tariff will apply to liability arising under this Agreement, except that all references in Section 14 of the CAISO Tariff to Market Participants shall be read as references to the CAISO Metered Entity and references to the CAISO Tariff shall be read as references to this Agreement.
The CAISO acknowledges that it will not be prevented from fulfilling its obligations under the CAISO Tariff or this Agreement by reason of the fact that it is provided with escorted access to the Metering Facilities of the CAISO Metered Entity.
The CAISO Metered Entity represents that all necessary approvals, permits, licenses, easements, right of way or access to install, own and operate its meters have been or will be obtained by the CAISO Metered Entity prior to the effective date of this Agreement.
The CAISO shall be a third-party beneficiary to any future agreement between the CAISO Metered Entity and any other party relating to the Metering Facilities of the CAISO Metered Entity for the purpose of granting the CAISO access to any relevant information, records and facilities as needed by the CAISO to fulfill its obligations under the CAISO Tariff and its obligations under this Agreement.
The CAISO Metered Entity shall use its best efforts to procure any rights necessary for the CAISO to access all Metering Facilities of the CAISO Metered Entity to fulfill its obligations under the CAISO Tariff and its obligations under this Agreement.
If the CAISO Metered Entity fails to meet or maintain the standards for Metering Facilities or comply with the audit or test procedures as referred to in the CAISO Tariff, the CAISO shall be permitted to take corrective measures.
The security measures and the validation, editing and estimation procedures that the CAISO will apply to Meter Data made available to the CAISO by the CAISO Metered Entity shall be as referred to in the CAISO Tariff.
The CAISO Metered Entity must immediately notify the CAISO of any changes to the information provided to the CAISO in accordance with this Section 3.2.2 and provide the CAISO with any information in relation to such change as reasonably requested by the CAISO.
If a CAISO Metered Entity provides inaccurate or incorrect Meter Data or fraudulent Meter Data to the CAISO, the CAISO shall be entitled to impose penalties and sanctions, including but not limited to suspension of trading rights following 14 days written notice to the CAISO Metered Entity.