Applicable Governmental Authority definition

Applicable Governmental Authority means the FERC within the United States and the appropriate governmental authority with subject matter jurisdiction over reliability in Canada and Mexico.

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedBook a Demo

Applicable Governmental Authority means the Federal Energy Regulatory Commission within the United States and the appropriate governmental authority with subject matter jurisdiction over reliability within Canada and Mexico.

Applicable Governmental Authority means any Governmental Authority the law applicable to which provide that, for a creditor of a Person to which such Governmental Authority has an obligation to pay money, whether pursuant to a Receivable, a General Intangible or otherwise, to perfect such creditor’s Lien on such obligation and/or to obtain the full benefits of such Lien and such law, certain notice, filing, recording or other similar actions other than the filing of a financing statement under the UCC must be given, executed, filed, recorded, delivered or completed, including, without limitation, any Federal Governmental Authority to which the Federal Assignment of Claims Act of 1940 is applicable.

Examples of Applicable Governmental Authority in a sentence

• In this regard, we require that NERC identify in these notices each particular Applicable Governmental Authority to which it proposes to disclose this information and the specific procedures for protecting from public disclosure any non-public compliance information that would be transferred.

• In addition, as in revised section 2.0, each international disclosure by NERC of compliance information pursuant to these revised provisions is on the condition that the information pertains to a Registered Entity or a portion of the Bulk-Power System over which the Applicable Governmental Authority that would receive the information has jurisdiction.

• Revised section 5.1, for example, would provide that NERC may provide to the Commission a Notice of Alleged Violation issued to a Canadian entity only if the Applicable Governmental Authority with jurisdiction over the Canadian entity or the portion of the Bulk-Power System to which the notice pertains approved in advance the Commission’s receipt of the notice, subject to any limitations placed on the transfer by the applicable Canadian authority or other law of the Canadian jurisdiction.

• We stress that the new notice procedures in section 3.4 cover only the international transfer of compliance-related information that NERC or a Regional Entity, through NERC, would disclose to an Applicable Governmental Authority.

• We also agree that the reciprocal procedure NERC proposes to notify a Canadian or Mexican Applicable Governmental Authority that the Commission or its staff requests NERC to provide compliance-related information for an entity within that authority’s jurisdiction appropriately addresses how NERC’s disclosure of this information to the Commission would comply with the governmental authority’s regulations or other applicable law concerning disclosure of non-public compliance information.

More Definitions of Applicable Governmental Authority

Applicable Governmental Authority means the government of the United States or any other nation, or of any political subdivision thereof, whether state or local, and any agency, authority, instrumentality, regulatory body, court, central bank or other entity exercising executive, legislative, judicial, taxing, regulatory or administrative powers or functions of or pertaining to government (including any supra-national bodies such as the European Union or the European Central Bank).

Applicable Governmental Authority means the District or any governmental, municipal or quasi-municipal entity that has jurisdiction with respect to the Project.

Applicable Governmental Authority has the meaning assigned to it in Section 2.04(a).

Applicable Governmental Authority means any regulatory body, administrative agency, or governmental body having jurisdiction over the Corporation or any Subsidiary thereof, including, without limitation, any insurance regulatory authority and the Federal Reserve Board.

Applicable Governmental Authority as defined in Section 5.7(c).

Applicable Governmental Authority means any regulatory body, administrative agency, or governmental body having jurisdiction over the Corporation or any Subsidiary thereof, including, without limitation, any insurance regulatory authority, the Board of Governors of the Federal Reserve System, the Federal Reserve Bank of New York and the Federal Deposit Insurance Corporation.

Applicable Governmental Authority is defined as any governmental body, agency or court of the United States of America or the State of New York.