4.3. ERMUSR 05-10-2011 - Laserfiche WebLink

Home Browse Search

Transmission Owner Services and Asset Assignment Agreement Section 303. Termination and Replacement of Transmission Facilities Assignment Agreement. As of the date established in accordance with Section 302, any Transmission Facilities Assignment Agreement in effect between CMMPA and the Participant shall terminate and be superseded by this Agreement; provided, however, that if there are obligations or liabilities of either party under any Transmission Facilities Assignment Agreement that have not been fully performed or satisfied as of the date such Transmission Facilities Assignment Agreement is superseded by this Agreement, such obligations or liabilities shall remain in effect and become obligations and liabilities under this Agreement. Section 304. Assignment of Rights Related to Participant-Owned Transmission Facilities. (a) The Participant hereby agrees to and confirms the continuation of the transfer and conveyance of operational control of and capacity rights with respect to the Participant-Owned Transmission Facilities as initially effectuated pursuant to the Transmission Facilities Assignment Agreement. Such transfer and conveyance shall continue in effect from the date established in accordance with Section 302 until this Agreement is terminated in accordance with Section 309. (b) The Participant acknowledges and agrees that the transfer and conveyance of operational control of and capacity rights with respect to the Participant-Owned Transmission Facilities is intended to facilitate CMMPA's continued conveyance of operational control of and capacity rights with respect to the Participant-Owned Transmission Facilities to the MISO pursuant to the CMMPA MISO Transmission Owner Agreement and CMMPA's receipt of Revenues in connection with the Participant-Owned Transmission Facilities. The scope of such transfer and conveyance shall be sufficient to, among other things, (i) permit the MISO to: (A) provide non-discriminatory open access transmission service over the Participant-Owned Transmission Facilities; (B) receive funds associated with transmission services from transmission customers and distribute such funds to CMMPA or its designee; (C) be responsible for regional system reliability; (D) provide energy mazket and ancillary services pursuant to the MISO TEMT; and (ii) otherwise permit CMMPA to fulfill all of its obligations as a Transmission Owner with respect to Participant-Owned Transmission Facilities in accordance with the MISO-Related Documents. (c) In addition to the Participant's transfer and conveyance of operational control of and capacity rights with respect to the Participant-Owned Transmission Facilities pursuant to paragraphs (a) and (b) of this Section 304, the Participant hereby grants to CMMPA the following non-exclusive rights, which CMMPA may further grant to other Persons: (i) access to its Participant-Owned Transmission Facilities; 16