Topic:"Rate Rider" in M13042

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 The text outlines procedures for testing and maintaining revenue class metering equipment, ensuring accuracy and compliance with standards. NSPI is responsible for testing, and financial adjustments may be required if meter accuracy exceeds 2% variance. Both parties have rights to be represented during meter sealing/unsealing and to request tests.

is Agreement shall automatically be amended by replacing the amount of the Energy Rate set out in Commercial Terms with the Proposed Revised Energy Rate set out in the Seller Tariff Adjustment Notice. - g) If NSPI, acting reasonably, rejec...

AI summary The text outlines the process for amending an agreement based on a Proposed Revised Energy Rate and describes the dispute resolution mechanism involving an Independent Expert if NSPI rejects the proposed rate and a disagreement arises.

at right, at the time it was acquired, would require the consent of NSPI under this Section [16.2,](#page-81-0) and the exercise of any such right will require a further or subsequent consent of NSPI. - (h) NSPI shall have the right to ass...

AI summary The text outlines provisions related to the assignment of an agreement by NSPI, requiring consent for certain rights and specifying conditions under which NSPI can assign the agreement to an assignee with similar business operations and credit ratings. It also outlines the obligations and liabilities that remain with NSPI, particularly regarding payment defaults and events of default.

16.9 Adjustment for Post-Proposal Applicable Tariffs - a) If any Post-Proposal Applicable Tariffs are introduced, the Seller shall use Commercially Reasonable Efforts to avoid or mitigate the cost of any such Post-Proposal Applicable Tarif...

AI summary Section 16.9 outlines procedures for adjusting energy rates in response to Post-Proposal Applicable Tariffs. The Seller must use commercially reasonable efforts to avoid such tariffs, and if they increase capital costs by more than 7.5%, a notice must be submitted to NSPI with supporting details and a proposed revised energy rate.