Attachment 2, Hearing Procedures Sample Clauses

Attachment 2, Hearing Procedures. Attachment 2, Hearing Procedures, to the CMEP has been completely revised and significantly expanded in scope, detail and specificity. Attachment 2 to the CMEP as originally filed with the Commission in November 2006 contained approximately six pages of text, whereas revised Attachment 2 is over 33 pages long.17 17Because Attachment 2 has been comprehensively revised and greatly expanded, and uses a different numbering scheme and organization of topics than did Attachment 2 to the CMEP filed in November 2006, NERC is not providing a redline of revised Attachment 2 against the original The revised Attachment 2 resulted from a joint initiative by the six Regional Entities in the Eastern Interconnection18 to develop a more detailed and informative set of uniform hearing procedures to be used in their compliance enforcement hearings. In developing the revised hearing procedures, the six Regional Entities drew on, among other sources, procedural rules of various regulatory commissions as well as the procedural rules of the National Association of Securities Dealers. The six Regional Entities submitted a draft of their proposed hearing procedures to NERC in May 2007. NERC reviewed and commented on the Regional Entities’ draft hearing procedures, suggesting both substantive and format changes (e.g., changes to maintain consistent use of defined terms between the CMEP document and Attachment 2). Among other things, NERC reviewed the Regional Entities’ draft hearing procedures to determine that they addressed all the directives in the April 19 Order for revisions to NERC’s original Hearing Process document, and provided revisions or additional text for the hearing procedures where necessary to address these directives. XXXX and the six Regional Entities engaged in further discussions concerning the hearing procedures and exchanged subsequent drafts, until a document was arrived at that NERC concluded it could adopt as Attachment 2 to the CMEP. In Exhibit D to their respective individual delegation agreements being submitted with this filing, the six Regional Entities have adopted the new Attachment 2 to the NERC CMEP with only limited exceptions. With respect to the other two Regional Entities, Texas RE is using a modified version of Attachment 2 based on hearing procedures used by the Public Utility Commission of Texas (“PUCT”), because the PUCT is the hearing body for the Texas RE Attachment 2, as such a redline would not provide a useful means of comparing the t...
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Related to Attachment 2, Hearing Procedures

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  • Severability Any provision of this Agreement that is prohibited or unenforceable in any jurisdiction shall, as to such jurisdiction, be ineffective to the extent of such prohibition or unenforceability without invalidating the remaining provisions hereof, and any such prohibition or unenforceability in any jurisdiction shall not invalidate or render unenforceable such provision in any other jurisdiction.

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  • NOW, THEREFORE the parties agree as follows:

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  • General All payments to be made by the Borrower shall be made without condition or deduction for any counterclaim, defense, recoupment or setoff. Except as otherwise expressly provided herein, all payments by the Borrower hereunder shall be made to the Administrative Agent, for the account of the respective Lenders to which such payment is owed, at the Administrative Agent’s Office in Dollars and in immediately available funds not later than 2:00 p.m. on the date specified herein. The Administrative Agent will promptly distribute to each Lender its Applicable Percentage (or other applicable share as provided herein) of such payment in like funds as received by wire transfer to such Lender’s Lending Office. All payments received by the Administrative Agent after 2:00 p.m. shall be deemed received on the next succeeding Business Day and any applicable interest or fee shall continue to accrue. If any payment to be made by the Borrower shall come due on a day other than a Business Day, payment shall be made on the next following Business Day, and such extension of time shall be reflected in computing interest or fees, as the case may be.

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