Common use of Rights and obligations under Funds Transfer Agreement Clause in Contracts

Rights and obligations under Funds Transfer Agreement. The Pool Funds Administrator is authorized by the Pool Members and the Ancillary Services Provider to exercise the rights granted to it under, and shall perform its obligations pursuant to, the Funds 4.6 Transfer Agreement except that it shall not remove the Pool Banker without the prior written consent of the Executive and that at the request of the Executive Committee it shall remove the Pool Banker in accordance with the Funds Transfer Agreement. Subject to the agreement of the Pool Banker, the Parties agree promptly to give effect to any amendment to the Funds Transfer Agreement as may be required by the Executive Committee.

Appears in 1 contract

Samples: Supplemental Agreement (Entergy London Capital Lp)

AutoNDA by SimpleDocs

Rights and obligations under Funds Transfer Agreement. The the Pool Funds Administrator is authorized by the Pool Members and the Ancillary Services Provider to exercise the rights granted to it under, and shall perform its obligations pursuant to, the Funds 4.6 Transfer Agreement except that it shall not remove the Pool Banker without the prior written consent of the Executive Committee; and that at the request of the Executive Committee it shall remove the Pool Banker in accordance with the Funds Transfer Agreement. Subject to the agreement of the Pool Banker, the Parties agree promptly to give effect to any amendment to the Funds Transfer Agreement as may be required by the Executive Committee.

Appears in 1 contract

Samples: Supplemental Agreement (Yorkshire Power Group LTD)

Rights and obligations under Funds Transfer Agreement. 4.3.1 The Pool Funds Administrator is authorized authorised by the Pool Members and Members, the Ancillary Services Provider and the Grid Operator to exercise the rights granted to it under, and shall perform its obligations pursuant to, the Funds 4.6 Transfer Agreement except that it shall not remove the Pool Banker without the prior written consent of the Executive Committee; and that at the request of the Executive Committee it shall remove the Pool Banker in accordance with the Funds Transfer Agreement. Subject to the agreement of the Pool Banker, the Parties agree promptly to give effect to any amendment to the Funds Transfer Agreement as may be required by the Executive Committee.

Appears in 1 contract

Samples: Supplemental Agreement (Txu Eastern Holdongs LTD)

AutoNDA by SimpleDocs

Rights and obligations under Funds Transfer Agreement. The Pool Funds Administrator is authorized authorised by the Pool Members and Members, the Ancillary Services Provider and the Grid Operator to exercise the rights granted to it under, and shall perform its obligations pursuant to, the Funds 4.6 Transfer Agreement except that it shall not remove the Pool Banker without the prior written consent of the Executive Committee; and that at the request of the Executive Committee it shall remove the Pool Banker in accordance with the Funds Transfer Agreement. Subject to the agreement of the Pool Banker, the Parties agree promptly to give effect to any amendment to the Funds Transfer Agreement as may be required by the Executive Committee.

Appears in 1 contract

Samples: Supplemental Agreement (Southern Investments Uk PLC)

Time is Money Join Law Insider Premium to draft better contracts faster.