Common use of INTERIM ACTIVITIES Clause in Contracts

INTERIM ACTIVITIES. It is contemplated by the Parties that the ISO shall assume responsibility for operation of the NEPOOL Control Center and administration of the Tariff on July 1, 1997. Promptly following the execution of this Agreement, the ISO Board shall use its best efforts to hire a chief executive officer of the ISO (the “ISO Chief Executive”) and additional staff as contemplated by Section 5.3.

INTERIM ACTIVITIES. It is contemplated by the Parties that the ISO shall assume responsibility for operation of the NEPOOL Control Center and administration of the Tariff on July 1or about July, 1997. Promptly following the execution of this Agreement, the ISO Board shall use its best efforts to hire a chief executive officer of the ISO (the “"ISO Chief Executive”") and additional staff as contemplated by Section 5.3.