4.3. ERMUSR 05-10-2011 - Laserfiche WebLink

Home Browse Search

Transmission Owner Services and Asset Assignment Agreement (ii) the revenue distribution methodology used by the MISO to distribute Revenues to CMMPA that are not otherwise distributed to CMMPA pursuant to the JPZ Agreements. (c) To the extent Revenues cannot be allocated in accordance with paragraph (b) above, Revenues shall be allocated based on generally accepted accounting and ratemaking principles. (d) In determining the allocation of Revenues among the specific Participants to a particular CMMPA-Owned Transmission Project, CMMPA shall, in addition to applying the provisions of paragraphs (b) and (c) above, carry out the terms of the corresponding CMMPA-Participant Transmission Project Agreement governing allocation among Participants of amounts received or incurred with respect to such CMMPA-Owned Transmission Project. (e) If the Initial Effective Date is established pursuant to clause (iv) of Section 101(a) of this Agreement, then, for any period following the Initial Effective Date during which neither Article 2 nor Article 3 is in effect, the allocation of any Revenues received by CMMPA shall correspond to the rights assigned to CMMPA pursuant to Section 101(b)(i) of this Agreement. (f) With the approval of the CMMPA Board of Directors and upon not less than 60 days' prior written notice to the Participant (or such shorter period as may be required for CMMPA to comply with its obligations under or treat Revenues consistent with the MISO-Related Documents), CMMPA may revise the manner in which Revenues are allocated for purposes of this Agreement if: (i) the methodology used to distribute Revenues to CMMPA under the JPZ Agreements is modified; (ii) the methodology used by MISO to distribute Revenues to CMMPA that are not otherwise distributed to CMMPA pursuant to the JPZ Agreements is modified; or (iii) the CMMPA Board of Directors determines, consistent with the terms of this Agreement, that such revision is necessary to effectively carry out the purposes of this Agreement. (g) In considering whether to revise the manner in which Revenues are allocated for purposes of this Agreement, CMMPA shall consult with, and provide an opportunity for input and recommendations from, the Services Administration Committee. Section 503. Application of Revenues Related to CMMPA-Owned Transmission Projects. (a) Application of Brookings Project Revenues. For each month of each Contract Year during the term of this Agreement, any Revenues properly allocable to the Participant for such month in accordance with Section 502 for the Brookings Transmission Project shall be applied, after deducting amounts due under this Agreement for Transmission Owner Services, 30