Laserfiche WebLink
_ Page 3 <br />• <br />4. APPLICABLE RATES <br />Coors shall have the right to designate under which tariff <br />option it desires to receive electric service. Unless or until <br />Coors designates a different option, it is presently contemplated <br />that service will be provided at the rates for "Primary <br />Interruptible Service" contained in PSCO's (Home Light and Power <br />Company) schedule PI, Option A, on file with the Colorado PUC. <br />Regardless of the provisions of the tariff selected, the <br />following provisions shall apply. <br />(a) No ratchet will be used for determining billing <br />demand for Primary Interruptible Service to the <br />dragline. <br />(b) The dragline, while owned and operated by Coors, <br />shall be energized only for periodic testing, <br />maintenance, or demonstration purposes as set <br />forth in attached Attachment 1 to this letter. <br />(c) There will be no minimum service requirement to <br />qualify for Primary Interruptible Service to <br />either of the electrical metering points contained <br />• in this Agreement. <br />Nothing herein shall prevent Coors from generating electric <br />power and energy for its own use at the Premises. <br />5. TE <br />Electrical service under this Agreement shall become <br />effective as of May 1, 1993, for an initial primary term of five <br />years, which shall thereafter be renewed for additional periods <br />of five years or until terminated or service is no longer <br />required on 30 days notice; provided, however, that Coors may <br />terminate electrical service under this Agreement at any time, <br />upon 30 days notice, if Coors sells, leases or otherwise disposes <br />of the dragline or office building or tipple facilities. The <br />"Contract Period" contained in tariff schedule PI shall not <br />apply. <br />6. ASSIGNMENT <br />This Letter of Understanding shall be binding upon and inure <br />to the benefit of the parties and their respective successors and <br />assigns. No assignment shall be made by either party without the <br />prior written consent of the other party, which consent shall not <br />be unreasonably withheld. <br />• <br />APPENDIX P-3 3 of 4 <br />