Operating Procedures Sample Clauses
The Operating Procedures clause defines the specific processes and protocols that parties must follow to carry out their obligations under the agreement. It typically outlines step-by-step instructions for routine operations, such as reporting requirements, communication methods, or approval workflows, ensuring all parties understand how day-to-day activities should be managed. By establishing clear guidelines, this clause helps prevent misunderstandings and disputes, promoting efficiency and consistency in the execution of the contract.
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Operating Procedures. 3.1 Immediately a CHO identifies the at fault driver’s insurer as a subscriber to this repair agreement they must notify them in accordance with the insurer’s specified procedure (see Appendix A to the GTA for specimen New Claim Advice Form which covers hire, repair and personal injury). In the absence of a reasonable explanation for failure to notify the insurer immediately, the insurer will not be liable for storage/hire charges incurred before the notice was given. This notification will indicate which Repair Option is required.
(a) Option 1 Procedure (Insurer’s Approved Repairer)
(i) Insurer will respond within 5 working days of receipt of the New Claim Advice Form and ensure that an early decision will be given on liability. Subject to acceptance the insurer will nominate their chosen repairer(s) and vehicle inspection arrangements.
(ii) CHO will promptly advise their customer and liaise with nominated repairer to arrange vehicle inspection and repair (Appendix E1 for specimen instruction letter)
(iii) Vehicle inspection will be in accordance with insurer’s requirement (ie in-house engineer or independent) and will be detailed by insurer when repairer is nominated,
(iv) Repair authorisation will be deemed to be by the vehicle owner, with the repair account direct to at fault driver’s insurer supported by a standard satisfaction note (a copy of which will be provided to the CHO to support the hire period).
(v) CHO will liaise with repairer to identify the anticipated repair completion date but the responsibility for minimising repair period remains with the at fault driver’s insurer.
(vi) On completion of repair appropriate account submitted to “at fault” insurer (see payment procedure)
(vii) Any complaints relating to the repair will be handled by the insurer as though the complainant were a policyholder.
Operating Procedures. BNY Mellon will maintain documented policies and procedures describing how BNY Mellon generally provides the Designated Services on a day-to-day basis (the “Operating Procedures”). BNY Mellon shall be available to answer questions from Voya and Governmental Authorities regarding the Operating Procedures. The Operating Procedures shall not create any binding obligations on Voya.
Operating Procedures. Capitalized terms used in this Exhibit have the meanings given them in the Agreement to which this Exhibit is attached (the “Agreement”). Service Provider will submit purchase, exchange or redemption orders (an “Order”) for Shares of a Fund to MBSC via NSCC Fund/SERV, Defined Contribution Clearance & Settlement (“DCC&S”) and Networking systems in accordance with their standard processing procedures and Orders shall be placed and settlement shall be made at the time and in the manner provided in the rules and procedures relating to Fund/Serv, DCC&S and Networking.
Operating Procedures. The Service Provider intends to clear trades for Fund Shares through, and make use of, the National Securities Clearing Corporation’s (“NSCC’s”) Fund/Serv and, in connection therewith, agrees to follow and comply with the procedures, terms and conditions set forth in the operating procedures set forth in Exhibit A hereto, as supplemented or amended from time to time by the mutual agreement of the parties hereto (the “Operating Procedures”).
Operating Procedures. 4.5.1 Within thirty (30) Days of the establishment of the Operating Committee, the Parties shall cause the Operating Committee to meet and cause their respective designated members to finalize the Operating Procedures addressing all operational interfaces between the Purchaser and the Seller. The Operating Procedures shall:
4.5.1.1 take proper account of the design of the Complex, the Metering Systems, and the Grid System; and
4.5.1.2 be consistent with Prudent Electrical Utility Practices, Prudent Utility Practices, and the Technical Limits.
4.5.2 The procedure for developing and finalising the Operating Procedures shall be as follows:
4.5.2.1 Within thirty (30) Days following the establishment of the Operating Committee, the Seller shall deliver to the Purchaser in writing proposed draft Operating Procedures;
4.5.2.2 the Purchaser shall provide comments in writing on the draft Operating Procedures within fifteen (15) Days following the date the draft Operating Procedures are delivered by the Seller to the Purchaser, and each Party shall make a representative available to meet within seven (7) Days following the end of such seven (7) Day period to review each Party’s comments on the draft Operating Procedures and on the proposed changes and any objections to the proposed changes of a Party.
4.5.2.3 as soon as is practicable after the meeting referred to in Clause4.5.2.2, but in any event within seven (7) Days following the end of such meeting, the Seller shall provide the Purchaser with proposed final draft Operating Procedures, incorporating to the extent agreed each of the Parties’ proposed changes;
4.5.2.4 the Purchaser shall provide final comments on the final draft Operating Procedures within seven (7) Days after its receipt by the Purchaser and, within seven (7) Days after a request from the Seller, the Purchaser shall make its representatives available to meet at a venue to be mutually agreed by the parties, and review its comments and proposed changes with the Seller; and
4.5.2.5 the Seller shall revise the draft Operating Procedures to incorporate such additions or modifications required by the Purchaser and shall provide a final draft to the Purchaser as soon as practicable, and in any event within seven (7) Days following receipt of the Purchaser’s comments and proposed changes to the draft Operating Procedures. Any Dispute between the Parties as to whether any matter should be included in or excluded from or modified in the way it is then trea...
Operating Procedures. The CAISO shall, in consultation with the Participating TOs and other Market Participants, promulgate Operating Procedures governing its exercise of Operational Control over the CAISO Controlled Grid in accordance with this Agreement. The CAISO shall provide copies of the Operating Procedures and all amendments, revisions, and updates to the Participating TOs and shall make them available to the public through the CAISO Website.
Operating Procedures. Company shall observe and comply with the Operating Procedures. Company shall ensure that Company's Stores personnel are trained regarding the Operating Procedures and shall ensure their compliance with them. The Operating Procedures may be supplemented, amended or modified by Bank from time to time in its reasonable discretion; provided, however, a copy of any such supplement, amendment or modification shall be provided to Company at least ninety (90) days before its effective date (the "Notice Date") unless otherwise required by Applicable Law, and for those changes required by Applicable Law, notice shall be given as soon as practicable. For changes that are (A) required by Applicable Law, or (B) determined by Bank in good faith to be necessary from the standpoint of safe and sound banking practices (both (A) and (B) being referred to herein as the "Required Changes"), where Bank implements such Required Changes with all of its other clients that are also affected by such change in Applicable Law or operate in circumstances similarly requiring changes from the standpoint of safe and sound banking practices, Bank shall identify the changes as Required Changes in the notice to Company. Unless such change is a Required Change, Company shall have the right within thirty (30) days after the Notice Date to object to such change and the parties' representatives will promptly thereafter meet to discuss such change in good faith in order to agree upon such change or a mutually agreeable alternative to such change. In the event the parties are unable to agree upon such change or an alternative within sixty (60) days after the Notice Date, then a senior executive from both Company and Bank shall meet to negotiate in good faith in order to agree upon such change or a mutually agreeable alternative to such change. If the parties' senior executives are unable to mutually agree within ninety (90) days after the Notice Date, then Bank shall have the right to implement the initially proposed change so long as (i) Bank implements such change with all or substantially all of its other similar clients, (ii) such change does not change the chargebacks section of the Operating Procedures, and (iii) such change does not impose a material adverse financial or operational burden on Company.
Operating Procedures. No later than forty-five (45) days before the Commercial Operation Date, and from time to time as reasonably determined necessary by the Parties, the Parties shall meet to address how each Party will perform its respective obligations under this Agreement, including, but not limited to: (1) the method of day-to-day communications; (2) key personnel lists for each Party; (3) procedures for Forced Outage and Planned Outage reporting; (4) procedures for delivery forecasting; (5) procedures for record keeping; (6) Scheduling procedures; and (7) invoicing and payment procedures; provided, that the failure to agree on these operating procedures will not relieve the Parties of their respective obligations under this Agreement, and any failure to agree shall be resolved in accordance with the dispute resolution procedures in Article 12. ARTICLE Four: COMPENSATION; MONTHLY PAYMENTS Four.1Energy Payment.
Operating Procedures. Dealers must confirm all trades directly with the Issuer and the Issuing and Paying Agent or the Registrar in the case of an issue of Registered Covered Bonds.
Operating Procedures. 1.7.1 Prior to carrying out measurements, gauging and analyses hereunder, the Party responsible for such operations shall notify the designated representative(s) of the other Party, allowing such representative(s) a reasonable opportunity to be present for all operations and computations; provided, however, that the absence of such representative(s) after notification and reasonable opportunity to attend shall not affect the validity of any operation or computation thereupon performed.
1.7.2 At the request of either Party, any measurements, gauging and/or analyses provided for in Paragraphs 1.4, 1.5, 1.6 and 1.9.1 shall be witnessed and verified by an independent surveyor agreed upon in writing by the Transporter and Project Co. The results of verifications and records of measurement shall be maintained in accordance with the terms of Exhibit A.