Utility Regulator definition
Examples of Utility Regulator in a sentence
The all CCR Hansa Regulatory Authorities (“Hansa NRAs”) are therefore Bundesnetzagentur (“BNetzA”), Autoriteit Consument & Markt (“ACM”), Danish Utility Regulator (“DUR”), Energimarknadsinspektionen (“Ei”), and Urząd Regulacji Energetyki (“URE”).
In such circumstances the affected party shall be entitled to a reasonable extension of the time for performing such obligations by the Utility Regulator or Programme Administrator.
According to applicable law at the time of signing this Agreement, changes in the tariff methodology are subject to prior approval by the Danish Utility Regulator and such changes cannot be made unless such prior approval has been granted.
In addition to such audit processes, the Utility Regulator may, at any time up to five years after termination, arrange for audits to be carried out, in relation to any aspect of the Project.
Accordingly, the Utility Regulator shall be entitled, without proof of special damages, to the remedies of injunction, specific performance or other equitable relief for any threatened or actual breach of the terms of this Agreement.
In the event that the Utility Regulator challenges this Agreement or any related agreement, the Parties agree to use their good faith efforts to defend it in proceedings before the Utility Regulator.
To the extent that the Utility Regulator or any other Governmental Authority imposes any additional requirements or modifications that increase the overall cost of the Work, the Owner shall bear such cost increase.
The Parties agree that in the event that the Utility Regulator takes action that results in the reallocation of any costs or any risks relating to the Facility in a manner that materially affects any of the costs or obligations under this Agreement, the costs and/or obligations shall be adjusted accordingly among the Parties to this Agreement to reflect the effect of the Utility Regulator’s action.
Regulatory Authority: either or both of the Commission for Regulation of Utilities and the Utility Regulator or any other competent authority.
The Agency may request assistance or case information from the Regulatory Authority in the United Kingdom designated in accordance with Article 310 of the Trade and Cooperation Agreement (▇▇▇▇ and Utility Regulator) in these circumstances, as appropriate.