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The agreement defines term, binding nature, and conditions precedent, including timing, cure periods, and delayed approval handling. It specifies transaction scope, product delivery, interconnection and operational responsibilities, metering, scheduling, compensation and energy settlement, default and remedies, force majeure, payment and netting, and credit and collateral requirements.","LONG TERM RESOURCE ADEQUACY AGREEMENT WITH ENERGY SETTLEMENT\nbetween\nPACIFIC GAS AND ELECTRIC COMPANY\n(as “Buyer”)\nand\n________________________________\n(as “Seller”)\nLONG TERM RESOURCE ADEQUACY AGREEMENT WITH ENERGY SETTLEMENT\nTABLE OF CONTENTS\n\u0013 TOC \\f \u0014PURPOSE\t\u0013 PAGEREF _Toc100905452 \\h \u00141\u0015\nARTICLE ONE:  TERM\t\u0013 PAGEREF _Toc100905453 \\h \u00141\u0015\n1.1\tTerm\t\u0013 PAGEREF _Toc100905454 \\h \u00141\u0015\n1.2\tBinding Nature\t\u0013 PAGEREF _Toc100905455 \\h \u00141\u0015\n1.3\tCPUC Approval Delayed\t\u0013 PAGEREF _Toc100905456 \\h \u00142\u0015\nARTICLE TWO:  CONDITIONS PRECEDENT TO INITIAL DELIVERY DATE\t\u0013 PAGEREF _Toc100905457 \\h \u00142\u0015\n2.1\tConditions Precedent to the Initial Delivery Date\t\u0013 PAGEREF _Toc100905458 \\h \u00142\u0015\n2.2\tConfirmation of Initial Delivery Date\t\u0013 PAGEREF _Toc100905459 \\h \u00143\u0015\n2.3\tDeadline for the Initial Delivery Date\t\u0013 PAGEREF _Toc100905460 \\h \u00143\u0015\n2.4\tExpected Initial Delivery Date Cure Period and Delay Damages\t\u0013 PAGEREF _Toc100905461 \\h \u00144\u0015\nARTICLE THREE:  TRANSACTION\t\u0013 PAGEREF _Toc100905462 \\h \u00145\u0015\n3.1\tProduct\t\u0013 PAGEREF _Toc100905463 \\h \u00145\u0015\n3.2\tPurchase and Sale Obligation\t\u0013 PAGEREF _Toc100905464 \\h \u00145\u0015\n3.3\tProject Modifications\t\u0013 PAGEREF _Toc100905465 \\h \u00146\u0015\n3.4\tInformation Sharing and Shared Learning\t\u0013 PAGEREF _Toc100905466 \\h \u00146\u0015\n3.5\tCertification of Product\t\u0013 PAGEREF _Toc100905467 \\h \u00146\u0015\n3.6\tDelivery of Product: Buyer Compliance Showings\t\u0013 PAGEREF _Toc100905468 \\h \u00147\u0015\nARTICLE FOUR:  INTERCONNECTION & OPERATIONS\t\u0013 PAGEREF _Toc100905469 \\h \u00147\u0015\n4.1\tInterconnection Agreement\t\u0013 PAGEREF _Toc100905470 \\h \u00147\u0015\n4.2\tOperations\t\u0013 PAGEREF _Toc100905471 \\h \u00148\u0015\n4.3\tMetering\t\u0013 PAGEREF _Toc100905472 \\h \u00148\u0015\n4.4\tScheduling\t\u0013 PAGEREF _Toc100905473 \\h \u00148\u0015\n4.5\tCharging Energy Obligations\t\u0013 PAGEREF _Toc100905474 \\h \u00148\u0015\n4.6\tSupplier Diversity\t\u0013 PAGEREF _Toc100905475 \\h \u00148\u0015\n4.7\tStandards of Care\t\u0013 PAGEREF _Toc100905476 \\h \u00149\u0015\nARTICLE FIVE:  SELLER’S DELIVERY\t\u0013 PAGEREF _Toc100905477 \\h \u00149\u0015\n5.1\tConfirmed Quantity\t\u0013 PAGEREF _Toc100905478 \\h \u00149\u0015\n5.2\tPost-Showing Shortfall Prior to Showing Month\t\u0013 PAGEREF _Toc100905479 \\h \u00149\u0015\nARTICLE SIX:  COMPENSATION\t\u0013 PAGEREF _Toc100905480 \\h \u00149\u0015\n6.1\tMonthly Payment\t\u0013 PAGEREF _Toc100905481 \\h \u00149\u0015\n6.2\tEnergy Settlement\t\u0013 PAGEREF _Toc100905482 \\h \u001410\u0015\n6.3\tAllocation of CAISO Payments and Costs\t\u0013 PAGEREF _Toc100905483 \\h \u001410\u0015\nARTICLE SEVEN:  EVENTS OF DEFAULT; REMEDIES\t\u0013 PAGEREF _Toc100905484 \\h \u001411\u0015\n7.1\tEvents of Default\t\u0013 PAGEREF _Toc100905485 \\h \u001411\u0015\n7.2\tEarly Termination\t\u0013 PAGEREF _Toc100905486 \\h \u001413\u0015\n7.3\tRights And Remedies Are Cumulative\t\u0013 PAGEREF _Toc100905487 \\h \u001413\u0015\n7.4\tWaiver\t\u0013 PAGEREF _Toc100905488 \\h \u001413\u0015\nARTICLE EIGHT:  FORCE MAJEURE\t\u0013 PAGEREF _Toc100905489 \\h \u001414\u0015\n8.1\tForce Majeure\t\u0013 PAGEREF _Toc100905490 \\h \u001414\u0015\nARTICLE NINE:  PAYMENT AND NETTING\t\u0013 PAGEREF _Toc100905491 \\h \u001415\u0015\n9.1\tBilling and Payment\t\u0013 PAGEREF _Toc100905492 \\h \u001415\u0015\n9.2\tNetting\t\u0013 PAGEREF _Toc100905493 \\h \u001415\u0015\n9.3\tPayment\t\u0013 PAGEREF _Toc100905494 \\h \u001415\u0015\n9.4\tDisputes and Adjustments of Invoices\t\u0013 PAGEREF _Toc100905495 \\h \u001415\u0015\nARTICLE TEN:  CREDIT AND COLLATERAL REQUIREMENTS\t\u0013 PAGEREF _Toc100905496 \\h \u001416\u0015\n10.1\tBuyer Financial Information\t\u0013 PAGEREF _Toc100905497 \\h \u001416\u0015\n10.2\tSeller Financial Information\t\u0013 PAGEREF _Toc100905498 \\h \u001416\u0015\n10.3\tGrant of Security Interest/Remedies\t\u0013 PAGEREF _Toc100905499 \\h \u001416\u0015\n10.4\tPerformance Assurance\t\u0013 PAGEREF _Toc100905500 \\h \u001417\u0015\n10.5\tLetter of Credit\t\u0013 PAGEREF _Toc100905501 \\h \u001418\u0015\n10.6\tGuaranty\t\u0013 PAGEREF _Toc100905502 \\h \u001419\u0015\nARTICLE ELEVEN:  SAFETY\t\u0013 PAGEREF _Toc100905503 \\h \u001419\u0015\n11.1\tSafety\t\u0013 PAGEREF _Toc100905504 \\h \u001419\u0015\n11.2\tProject Safety Plan\t\u0013 PAGEREF _Toc100905505 \\h \u001420\u0015\n11.3\tReporting Serious Incidents\t\u0013 PAGEREF _Toc100905506 \\h \u001420\u0015\n11.4\tRemediation\t\u0013 PAGEREF _Toc100905507 \\h \u001421\u0015\nARTICLE TWELVE:  GOVERNMENTAL CHARGES\t\u0013 PAGEREF _Toc100905508 \\h \u001421\u0015\n12.1\tCooperation\t\u0013 PAGEREF _Toc100905509 \\h \u001421\u0015\n12.2\tGovernmental Charges\t\u0013 PAGEREF _Toc100905510 \\h \u001421\u0015\nARTICLE THIRTEEN:  LIMITATIONS\t\u0013 PAGEREF _Toc100905511 \\h \u001421\u0015\n13.1\tLimitation of Remedies, Liability and Damages\t\u0013 PAGEREF _Toc100905512 \\h \u001421\u0015\nARTICLE FOURTEEN:  REPRESENTATIONS; WAR","cbCaiuYSqZPNc49P","https://ap.wps.com/l/cbCaiuYSqZPNc49P","docx",237638,99,"English","en",105,"# Purpose\n# Article One: Term\n## Term\n## Binding Nature\n## CPUC Approval Delayed\n# Article Two: Conditions Precedent to Initial Delivery Date\n## Conditions Precedent to the Initial Delivery Date\n## Confirmation of Initial Delivery Date\n## Deadline for the Initial Delivery Date\n## Expected Initial Delivery Date Cure Period and Delay Damages\n# Article Three: Transaction\n## Product\n## Purchase and Sale Obligation\n## Project Modifications\n## Information Sharing and Shared Learning\n## Certification of Product\n## Delivery of Product: Buyer Compliance Showings\n# Article Four: Interconnection & Operations\n## Interconnection Agreement\n## Operations\n## Metering\n## Scheduling\n## Charging Energy Obligations\n## Supplier Diversity\n## Standards of Care\n# Article Five: Seller’s Delivery\n## Confirmed Quantity\n## Post-Showing Shortfall Prior to Showing Month\n# Article Six: Compensation\n## Monthly Payment\n## Energy Settlement\n## Allocation of CAISO Payments and Costs\n# Article Seven: Events of Default; Remedies\n## Events of Default\n## Early Termination\n## Rights And Remedies Are Cumulative\n## Waiver\n# Article Eight: Force Majeure\n## Force Majeure\n# Article Nine: Payment and Netting\n## Billing and Payment\n## Netting\n## Payment\n## Disputes and Adjustments of Invoices\n# Article Ten: Credit and Collateral Requirements\n## Buyer Financial Information\n## Seller Financial Information\n## Grant of Security Interest/Remedies\n## Performance Assurance\n## Letter of Credit\n## Guaranty\n# Article Eleven: Safety\n## Safety\n## Project Safety Plan\n## Reporting Serious Incidents\n## Remediation\n# Article Twelve: Governmental Charges\n## Cooperation\n## Governmental Charges","[{\"question\":\"What does the agreement define regarding the term and enforceability?\",\"answer\":\"It covers the agreement term, its binding nature, and how delayed CPUC approval affects the arrangement. It also establishes related timing expectations within the term structure.\"},{\"question\":\"What conditions must be satisfied before the initial delivery date?\",\"answer\":\"The agreement lists conditions precedent to the initial delivery date, including confirmation and deadlines. It also addresses cure periods and potential delay damages tied to the initial delivery timeline.\"},{\"question\":\"How are compensation, energy settlement, and payments handled?\",\"answer\":\"It specifies monthly payment mechanics and an energy settlement framework. It also includes allocation of CAISO payments and costs, and outlines billing, payment, netting, and dispute handling for invoices and adjustments.\"}]","Long Term Resource Adequacy Agreement with Energy Settlement - Contract Overview | DOCX",1788254066,35,{"code":4,"msg":31,"data":32},"ok",{"site_id":24,"language":23,"slug":33,"title":14,"keywords":34,"description":15,"schema_data":35,"social_meta":87,"head_meta":89,"extra_data":91,"updated_unix":28},"long-term-resource-adequacy-agreement-with-energy-settlement-contract-overview","",{"@graph":36,"@context":86},[37,54,69],{"@type":38,"itemListElement":39},"BreadcrumbList",[40,44,48,51],{"item":41,"name":42,"@type":43,"position":11},"https://docshare.wps.com","Home","ListItem",{"item":45,"name":46,"@type":43,"position":47},"https://docshare.wps.com/template/","Template",2,{"item":49,"name":13,"@type":43,"position":50},"https://docshare.wps.com/template/letters/",3,{"item":52,"name":14,"@type":43,"position":53},"https://docshare.wps.com/template/long-term-resource-adequacy-agreement-with-energy-settlement-contract-overview/169400/",4,{"url":52,"name":14,"@type":55,"author":56,"headline":14,"publisher":58,"fileFormat":61,"inLanguage":23,"description":15,"dateModified":62,"datePublished":63,"encodingFormat":61,"isAccessibleForFree":64,"interactionStatistic":65},"DigitalDocument",{"name":9,"@type":57},"Person",{"url":41,"name":59,"@type":60},"DocShare","Organization","application/vnd.openxmlformats-officedocument.wordprocessingml.document","2026-09-03","2026-09-01",true,{"@type":66,"interactionType":67,"userInteractionCount":47},"InteractionCounter",{"@type":68},"ViewAction",{"@type":70,"mainEntity":71},"FAQPage",[72,78,82],{"name":73,"@type":74,"acceptedAnswer":75},"What does the agreement define regarding the term and enforceability?","Question",{"text":76,"@type":77},"It covers the agreement term, its binding nature, and how delayed CPUC approval affects the arrangement. 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