Applicable Regional Entity Sample Clauses

The 'Applicable Regional Entity' clause defines which regional regulatory authority or governing body has jurisdiction over the agreement or the parties involved. In practice, this clause specifies the particular entity—such as a regional transmission organization, reliability council, or other designated authority—that sets standards, enforces compliance, or oversees operations relevant to the contract. By clearly identifying the responsible regional entity, the clause ensures that all parties understand which rules and requirements apply, thereby reducing ambiguity and potential disputes regarding regulatory oversight.