P-1-(ii)Appendix B - Green Choice PPA Blackline to PPA in M11455
6 passages
reliable operation of the System in accordance with Good Utility Practice, as more particularly set out in the Transmission System Interconnection Requirements or Generator Interconnection Procedure. Annual Average Marginal Cost Rate – mea...
AI summary This section defines key terms related to utility operations and accounting principles, including the Annual Average Marginal Cost Rate, Applicable Accounting Principles, and the Board. It references the Income Tax Act and the Energy and Regulatory Boards Act.
regulations made thereunder. IESO – means the Nova Scotia Independent Energy System Operator, a body corporate established under Section 7(1) of the More Access to Energy Act, and its successors. IFRS - means the International Financial Re...
AI summary The text defines key terms related to energy regulation and financial reporting, including the IESO, IFRS, and roles such as Indemnitee and Independent Engineer. It outlines the Incremental Energy Rate and references legal sections and compliance standards.
ion System Interconnection Requirements published from time to time by the System Operator. Transmission Capital Recovery Factor – means 9 percent, as calculated by the Procurement Administrator. Transmission Credits Security – means the P...
AI summary The text defines several key terms related to system interconnection, transmission credits, and legal frameworks. It references the Transmission Capital Recovery Factor, Performance Security, and the Workers' Compensation Act, as well as the assignment of zones based on the location of interconnection points.
1.2 General Rules of Interpretation For the purposes of interpreting the Agreement: - (a) Words in the singular include the plural and vice versa. - (b) The use of the words "including" and "include" are not limiting. - (c) The words "here...
AI summary This section outlines general rules for interpreting the Agreement, including the use of singular and plural terms, non-limiting use of 'including', and the meaning of reference terms. It also defines the Fiscal Year and specifies that written consent is required for approvals.
5.4 Metering All Facility revenue class metering equipment shall be routinely tested by NSPI. At any time, either Party may request a test of the accuracy of the metering equipment at its own expense. The results of meter calibrations or t...
AI summary This section outlines the procedures for testing and maintaining revenue class metering equipment by NSPI. It specifies that meter accuracy must be within 2% of error limits, and if not, adjustments will be made. Both parties have the right to request tests and be present during meter sealing or unsealing.
urity shall be in the form of either: - (i) a Letter of Credit or such other credit support from a Person which is in the form and/or issued by a Person that is acceptable to NSPI acting reasonably. In respect of a Letter of Credit, the Se...
AI summary The text outlines the requirements for Performance Security in the form of a Letter of Credit or a Guarantee from an Eligible Guarantor. It specifies the obligations of the Seller to renew or replace such security and the conditions under which NSPI will return the original Guarantee.