Common use of Changes to the Bylaws Clause in Contracts

Changes to the Bylaws. The power to adopt, amend or repeal these Bylaws is vested in the Members as set forth in Section 6.5 of these Bylaws; provided however, upon the passage of any federal reliability legislation and/or the adoption of related requirements and procedures by NERC or any regulatory agency with jurisdiction, the board or directors shall have authority upon a two-thirds (2/3) vote to amend these Bylaws as necessary and appropriate to comply with such law and related requirements. Exhibit C – Regional Standard Development Procedure Exhibit C shall set forth the Regional Entity’s standards development procedure, which XXXX agrees meets the following common attributes: COMMON ATTRIBUTE 1 Proposed regional reliability standards shall be subject to approval by NERC, as the electric reliability organization, and by FERC before becoming mandatory and enforceable under Section 215 of the FPA. No regional reliability standard shall be effective within the Midwest Reliability Organization area unless filed by NERC with FERC and approved by FERC. COMMON ATTRIBUTE 2 Midwest Reliability Organization regional reliability standards shall provide for as much uniformity as possible with reliability standards across the interconnected bulk power system of the North American continent. A Midwest Reliability Organization reliability standard shall be more stringent than a continent-wide reliability standard, including a regional difference that addresses matters that the continent-wide reliability standard does not, or shall be a regional difference necessitated by a physical difference in the bulk power system. A regional reliability standard that satisfies the statutory and regulatory criteria for approval of proposed North American reliability standards, and that is more stringent than a continent-wide reliability standard, would generally be acceptable. COMMON ATTRIBUTE 3 Midwest Reliability Organization regional reliability standards, when approved by FERC shall be made part of the body of NERC reliability standards and shall be enforced upon all applicable bulk power system owners, operators, and users within the Midwest Reliability Organization area, regardless of membership in the region.

Appears in 3 contracts

Samples: Delegation Agreement, Delegation Agreement, Delegation Agreement

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Changes to the Bylaws. The power to adopt, amend or repeal these Bylaws is vested in the Members as set forth in Section 6.5 of these Bylaws; provided however, upon the passage of any federal reliability legislation and/or the adoption of related requirements and procedures by NERC or any regulatory agency with jurisdiction, the board or directors shall have authority upon a two-thirds (2/3) vote to amend these Bylaws as necessary and appropriate to comply with such law and related requirements. Exhibit C – Regional Standard Development Procedure Exhibit C shall set forth the Regional Entity’s standards development procedure, which XXXX NERC agrees meets the following common attributes: COMMON ATTRIBUTE 1 Proposed regional reliability standards shall be subject to approval by NERC, as the electric reliability organization, and by FERC before becoming mandatory and enforceable under Section 215 of the FPA. No regional reliability standard shall be effective within the Midwest Reliability Organization area unless filed by NERC with FERC and approved by FERC. COMMON ATTRIBUTE 2 Midwest Reliability Organization regional reliability standards shall provide for as much uniformity as possible with reliability standards across the interconnected bulk power system of the North American continent. A Midwest Reliability Organization reliability standard shall be more stringent than a continent-wide reliability standard, including a regional difference that addresses matters that the continent-wide reliability standard does not, or shall be a regional difference necessitated by a physical difference in the bulk power system. A regional reliability standard that satisfies the statutory and regulatory criteria for approval of proposed North American reliability standards, and that is more stringent than a continent-wide reliability standard, would generally be acceptable. COMMON ATTRIBUTE 3 Midwest Reliability Organization regional reliability standards, when approved by FERC shall be made part of the body of NERC reliability standards and shall be enforced upon all applicable bulk power system owners, operators, and users within the Midwest Reliability Organization area, regardless of membership in the region.

Appears in 1 contract

Samples: Delegation Agreement

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