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July (pdf) - New York Power Authority

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WHEREAS, NYPA staff has confirmed that the expansion of the Facility is complete;<br />

WHEREAS, the provision of Electric Service (defined in Section I of this Agreement)<br />

associated with the Allocation is an unbundled service separate from the <strong>Authority</strong>’s sale of<br />

power and energy to the Customer, which will be performed by <strong>New</strong> <strong>York</strong> State Electric & Gas<br />

Corporation (“NYSEG”);<br />

WHEREAS, such transmission and delivery service will be made in accordance with a<br />

separate agreement between the Customer, the <strong>Authority</strong> and NYSEG (defined in Section I of<br />

this Agreement as the “Supplemental Agreement”) and NYSEG tariffs as applicable;<br />

WHEREAS, on ___, 2011, the Parties executed an Interim Agreement for the Sale of<br />

Expansion <strong>Power</strong> and Energy (defined in Section I of this Agreement as the “Interim<br />

Agreement”), to enable the Customer to receive the Allocation pending the execution of a longterm<br />

agreement, or until ___, whichever first occurs;<br />

WHEREAS, in accordance with the Supplemental Agreement, the <strong>Authority</strong>, the<br />

Customer and NYSEG, on ___, executed the “Interim Sale Agreement Appendix,” which is<br />

attached to the Interim Agreement as Exhibit A;<br />

WHEREAS, the Parties have reached an agreement on a long-term contract governing<br />

the sale of the Allocation to the Customer as set forth in this Agreement;<br />

WHEREAS, the Parties intend that this Agreement will govern the terms and conditions<br />

of the sale of the Allocation to the Customer;<br />

WHEREAS, the <strong>Authority</strong> has complied with requirements of PAL § 1009 which<br />

specifies the approval process for certain contracts negotiated by the <strong>Authority</strong>; and<br />

WHEREAS, the Governor of the State of <strong>New</strong> <strong>York</strong> has approved the terms of this<br />

Agreement pursuant to PAL § 1009(3).<br />

NOW THEREFORE, in consideration of the mutual covenants herein, the <strong>Authority</strong> and<br />

the Customer agree as follows:<br />

I. Definitions<br />

NOW THEREFORE, the Parties hereto agree as follows:<br />

A. Agreement means this Agreement.<br />

B. Allocation refers to the allocation of 200 kW of EP awarded to the Customer for a five<br />

(5) year term as specified in Schedule A.<br />

C. Contract Demand is as defined in the Service Tariffs.<br />

3

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