Common use of Additional Capacity Clause in Contracts

Additional Capacity. For the purposes of Clause 11 any Pool Member who acquires an additional capacity in which it participates as a Pool Member shall be deemed to have been admitted as a new Pool Member pursuant to Clause 8.2 in that additional capacity and until the third Quarter Day next falling after the date such Pool Member's application to the Executive Committee pursuant to Clause 8.12 is approved, it shall have that number of Weighted Votes in that additional capacity as fall to be determined in accordance with the provisions of Clause 11. 3.1. Thereafter, such Pool Member's Weighted Votes shall be calculated in accordance with Clause 11.2.

Appears in 2 contracts

Samples: Pooling and Settlement Agreement (Entergy London Capital Lp), Pooling and Settlement Agreement (Calenergy Co Inc)

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Additional Capacity. For for the purposes of this Clause 11 any Pool Member who acquires an additional capacity in which it participates as a Pool Member shall be deemed to have been admitted as a new Pool Member pursuant to Clause 8.2 in that additional capacity and until the third Quarter Day next falling after the date such Pool Member's application to the Executive Committee pursuant to Clause 8.12 is approved, it shall have that number of Weighted Votes in that additional capacity as fall to be determined in accordance with the provisions of Clause 11. 3.1. Thereafter, such Pool Member's Weighted Votes shall be calculated in accordance with Clause 11.2.

Appears in 1 contract

Samples: Settlement Agreement (Southern Investments Uk PLC)

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Additional Capacity. For for the purposes of this Clause 11 any Pool Member who acquires an additional capacity in which it participates as a Pool Member shall be deemed to have been admitted as a new Pool Member pursuant to Clause 8.2 in that additional capacity and until the third Quarter Day next falling after the date such Availability Date in respect of that Pool Member's application to the Executive Committee pursuant to Clause 8.12 is approved, it shall have that number of Weighted Votes in that additional capacity as fall to be determined in accordance with the provisions of Clause 11. 3.1. Thereafter, such Pool Member's Weighted Votes shall be calculated in accordance with Clause 11.2.

Appears in 1 contract

Samples: Pooling and Settlement Agreement (Txu Eastern Holdongs LTD)

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