Examples of Pooling and Settlement Agreement in a sentence
The English Pooling and Settlement Agreement is a case in point, as it was a multilateral contract that could only be changed by mutual agreement, and over which the regulator had limited powers.
BSC Section N ‘Clearing, Invoicing and Payment’ and Balancing and Settlement Code Procedure (BSCP) 301 were largely created from their equivalent predecessors under the Pooling and Settlement Agreement.
In practice, the Pool is not really an organisation, but a contract, the Pooling and Settlement Agreement, which all electricity companies have to sign.
The nominee must be a member of the Unit in which they are being nominated.
The issues are organized into five categories: (1) “Governance and Institutional Issues”; (2) “Water and the Natural Environment”; (3) ““Users Pay” or “Beneficiary Pays” Approach”; (4) “Improvements to Water Quality”; and (5) “Water Rights.” The remainder of this CRS report provides greater detail on issues that fall under each of the five broad categories.