Public Power Entity Sample Clauses
The 'Public Power Entity' clause defines what constitutes a public power entity within the context of the agreement. Typically, this clause specifies that such an entity is a government-owned or controlled organization responsible for generating, transmitting, or distributing electricity or other utilities. For example, it may clarify that a city-owned electric utility or a state-run water authority falls under this definition. The core function of this clause is to ensure clarity about which organizations are subject to specific rights, obligations, or exceptions in the contract, thereby preventing ambiguity and potential disputes regarding the involvement of public sector utility providers.
Public Power Entity. Public Power Entity shall mean any agency, authority, or instrumentality of a state or of a political subdivision of a state, or any corporation wholly owned by any one or more of the foregoing, that is engaged in the generation, transmission, and/or distribution of electric energy.