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CAPACITY PAYMENT AGREEMENT ADDENDUM TO ELECTRIC DISTRIBUTION UTILITY/ COMPETITIVE RETAIL ELECTRIC SERVICE PROVIDER AGREEMENT FOR OHIO POWER COMPANY OHIO RETAIL ACCESS PROGRAM THIS CAPACITY PAYMENT

How to fill out capacity payment agreement addendum

How to fill out capacity payment agreement addendum:

1. Begin by carefully reviewing the original capacity payment agreement. Familiarize yourself with the terms and conditions mentioned in the agreement.
2. Determine the specific reason for the addendum. Is it to include additional terms, amend existing terms, or clarify any ambiguities? Understanding the purpose will help you navigate through the process.
3. Identify the sections or clauses within the capacity payment agreement that require modification or addition. This will ensure that the addendum addresses the specific areas that need to be updated.
4. Prepare the addendum document separately, clearly stating the modifications or additions to the original capacity payment agreement. Use clear and concise language to avoid any misunderstandings.
5. Include a title or heading indicating that the document is an addendum to the capacity payment agreement. For example, "Capacity Payment Agreement Addendum" or "Addendum to the Capacity Payment Agreement."
6. Provide a brief introduction or preamble to explain the reason for the addendum. This introduction should outline the purpose and context of the changes being made.
7. List the specific modifications or additions to the original agreement in a chronological order. Clearly state the revised terms or additional provisions, using consistent formatting and language.
8. Include any necessary signatures, dates, and notarizations to ensure the addendum's legal validity. All relevant parties involved in the original capacity payment agreement should sign and date the document.
9. Make copies of the completed capacity payment agreement addendum for all parties involved and retain the original document in a safe and easily accessible location.

Who needs capacity payment agreement addendum?

1. Businesses or organizations that have entered into a capacity payment agreement and require modifications or additions to the original terms may need a capacity payment agreement addendum.
2. Individuals or entities involved in energy or power generation projects that require adjustments to the capacity payment terms may also benefit from the use of a capacity payment agreement addendum.
3. Parties who wish to clarify or amend certain provisions in an existing capacity payment agreement without altering the entire agreement may find a capacity payment agreement addendum helpful.

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What is capacity payment agreement addendum?

A capacity payment agreement addendum is a modification or addition to the original capacity payment agreement that outlines specific changes or updates.

Who is required to file capacity payment agreement addendum?

The parties involved in the capacity payment agreement are required to file the addendum.

How to fill out capacity payment agreement addendum?

The capacity payment agreement addendum should be filled out by providing the required information and signatures from all parties involved.

What is the purpose of capacity payment agreement addendum?

The purpose of the addendum is to document any changes or updates to the original capacity payment agreement.

What information must be reported on capacity payment agreement addendum?

The addendum should include details of the changes or updates to the capacity payment agreement, along with the reasons for the modifications.