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R2013-80 AUTHORIZING SERVICE AGREEMENT FO SUPPLY OF ELECTRICITY
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R2013-80 AUTHORIZING SERVICE AGREEMENT FO SUPPLY OF ELECTRICITY
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Last modified
8/17/2015 10:30:17 AM
Creation date
8/17/2015 10:30:13 AM
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Resolution/Ordinance
Res Ord Num
R2013-80
Res Ord Title
AUTHORIZING EXECUTION OF A SERVICE AGREEMENT WITH THE LOWEST RESPONSIBLE BIDDER FOR THE SUPPLY OF ELECTRICITY FOR RESIDENTIAL & SMALL COMMERCIAL RETAIL CUSTOMERS
Department
Development Services
Approved Date
8/3/2013
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HSM E F I E LD I <br /> E N E R G Y <br /> continue the Program with another ARES. Homefield has no obligation to request such <br /> information on behalf of Aggregator or another Alternative Retail Electric Supplier. <br /> D. Retail Power Price. The Retail Power Price is identified in Exhibit A. The Retail Power <br /> Price is based on Aggregation Members'historical or projected load data which is considered <br /> representative of the combined Retail Power requirements for the proposed Term. The Retail <br /> Power Price applies to all Retail Power covered under this Agreement. Retail Power Price also <br /> includes charges for distribution energy losses, capacity, MISO transmission charges, and <br /> energy, including scheduling and load forecasting associated with the delivery of the Retail <br /> Power. The Retail Power Price does not include any charges by the DSP,which are the <br /> responsibility of the Member, Including but not limited to charges for services under the <br /> applicable delivery service tariffs and riders,such as delivery service charge,facilities charges, <br /> taxes(either billed for by the Utility or Member self-assessed), environmental, public purpose <br /> program,or switching charges as may be applicable from time to time. I <br /> ARTICLE 6: REMEDIES AND TERMINATION <br /> A. Remedies. in addition to every other right or remedy provided to a Party under this <br /> Agreement, if the other Party fails to comply with any of the provisions of this Agreement (for <br /> reason other than an order, rule, or regulations of a governmental agency or court having <br /> jurisdiction over the defaulting Party), then the non-defaulting Party may give notice to the <br /> defaulting Party specifying that failure. <br /> 1. Cure Period. The defaulting Party will have 15 business days after the date of <br /> that notice to take all necessary steps to comply fully with this Agreement, unless <br /> (a) this Agreement specifically provides for a shorter cure period or (b) an <br /> imminent threat to the public health, safety, or welfare arises that requires a <br /> shorter cure period, in which case the notice must specify the cure period, or (c) <br /> compliance cannot reasonably be achieved within 15 business days but the it <br /> promptly commences a cure and diligently pursues the cure to completion. <br /> 2. Failure to Cure. If the defaulting Party fails to comply within that 15-day period, <br /> or the shorter period if an Imminent threat, or if the defaulting Party falls to <br /> promptly commence a cure and diligently pursue the cure to completion, then the <br /> non-defaulting Party, subject to the limits of applicable federal or State of Illinois <br /> law, may take any one or more of the following actions: <br /> a. Seek specific performance of any provision of this Agreement or seek <br /> other equitable relief, and institute a lawsuit against the defaulting Party <br /> for those purposes. <br /> b. Institute a lawsuit against the defaulting Party for breach of this <br /> Agreement and seek remedies and damages as the court may award. <br /> 11 <br />
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