System Rules and Procedures definition
Examples of System Rules and Procedures in a sentence
In the event such agreement cannot be reached, Seller or Buyer shall choose mediation, which shall be conducted by the Bucks County Association of Realtors (the “Association”), in accordance with the Association’s Dispute Resolution System Rules and Procedures then in effect.
The parties understand and acknowledge that the terms of this Agreement, including the Purchase Price of the Membership Units and names of Seller and Buyer, may be disclosed by the Company pursuant to the Husker Ag Trading System Rules and Procedures and that this covenant shall survive Closing.
The NEPOOL Participants shall participate in developing the System Rules and Procedures necessary to allow the ISO to carry out its obligations under this Agreement in the manner described in Section 6.17.
The ISO shall have authority for and on behalf of NEPOOL to enter into arrangements to procure emergency power under the conditions set forth in the NEPOOL Agreement and the System Rules and Procedures and in applicable interconnection agreements.
In the event that a System shutdown occurs affecting all or part of the NEPOOL Control Area, the ISO shall, in accordance with the System Rules and Procedures, coordinate the restoration of service in conjunction with the Satellites and other NEPOOL Participant control centers.
The ISO shall administer the transmission and market arrangements in accordance with the Tariff, the NEPOOL Agreement and the System Rules and Procedures.
The ISO shall be responsible for overseeing the scheduling of maintenance of the Designated Transmission Facilities and the Designated Generation Facilities in conformance with the System Rules and Procedures.
In order for the ISO to achieve the requisite independence to carry out the purposes articulated in the preamble to this Agreement and in this Section, the Parties acknowledge that the ISO must have authority over its budget and the authority to plan for and operate the System in accordance with the System Rules and Procedures promulgated pursuant to the provisions set forth in this Agreement, with the concurrence of the FERC where applicable.
Upon the Effective Date of this Agreement, the CRS and Operating Procedures then in effect shall constitute the System Rules and Procedures until modified, replaced or supplemented pursuant to the procedures set forth in Section 6.17.
The ISO shall serve as the operator of the NEPOOL Control Area and assume responsibility for the continued operation of the NEPOOL Control Center, consistent with the terms of this Agreement, the NEPOOL Agreement and the Tariff, the System Rules and Procedures, Good Utility Practice and applicable laws and regulations.