Common use of Collection of Funding Clause in Contracts

Collection of Funding. (a) NERC shall submit invoices to the load-serving entities or designees identified by MRO covering the NERC and MRO assessments approved for collection. (b) NERC shall pursue any non-payments of assessment amounts and shall request assistance from Applicable Governmental Authorities as necessary to secure collection. To the extent reasonably practicable, MRO shall assist NERC in pursuing and collecting any non-payments. Notwithstanding the foregoing, MRO is not responsible and does not assume any liability for recovering non-payments or underpayments of assessment amounts. NERC shall retain sole responsibility for recovering non-payments or underpayments of assessment amounts. NERC shall add the amount of any non-payments by end-users or designees within MRO’s region, that are reasonably determined to be uncollectible, to NERC’s assessments for a subsequent year with the amount of such non-payments to be allocated to end-users within MRO’s region. (c) Upon approval by Applicable Governmental Authorities of MRO’s annual assessment to fund the costs of its delegated functions and related activities, NERC shall pay MRO’s annual assessment to Regional Entity in four equal quarterly payments on January 15, April 15, July 15 and October 15 of the budget year.

Appears in 7 contracts

Samples: Delegation Agreement, Delegation Agreement, Delegation Agreement

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Collection of Funding. (a) NERC shall submit invoices to the load-serving entities or designees identified by MRO SERC covering the NERC and MRO SERC assessments approved for collection. (b) NERC shall pursue any non-payments of assessment amounts and shall request assistance from Applicable Governmental Authorities as necessary to secure collection. To the extent reasonably practicable, MRO SERC shall assist NERC in pursuing and collecting any non-payments. Notwithstanding the foregoing, MRO SERC is not responsible and does not assume any liability for recovering non-payments or underpayments of assessment amounts. NERC shall retain sole responsibility for recovering non-payments or underpayments of assessment amounts. NERC shall add the amount of any non-payments by end-users or designees within MROSERC’s region, that are reasonably determined to be uncollectible, to NERC’s assessments for a subsequent year with the amount of such non-payments to be allocated to end-users within MROSERC’s region. (c) Upon approval by Applicable Governmental Authorities of MROSERC’s annual assessment to fund the costs of its delegated functions and related activities, NERC shall pay MROSERC’s annual assessment to Regional Entity SERC in four equal quarterly payments on January 15, April 15, July 15 and October 15 of the budget year.

Appears in 5 contracts

Samples: Delegation Agreement, Delegation Agreement, Delegation Agreement

Collection of Funding. (a) NERC shall submit invoices to the load-serving entities or designees identified by MRO NPCC covering the NERC and MRO NPCC assessments approved for collection. (b) NERC shall pursue any non-payments of assessment amounts and shall request assistance from Applicable Governmental Authorities as necessary to secure collection. To the extent reasonably practicable, MRO NPCC shall assist NERC in pursuing and collecting any non-payments. Notwithstanding the foregoing, MRO NPCC is not responsible and does not assume any liability for recovering non-payments or underpayments of assessment amounts. NERC shall retain sole responsibility for recovering non-payments or underpayments of assessment amounts. NERC shall add the amount of any non-payments by end-users or designees within MRONPCC’s region, that are reasonably determined to be uncollectible, to NERC’s assessments for a subsequent year with the amount of such non-payments to be allocated to end-users within MRONPCC’s region. (c) Upon approval by Applicable Governmental Authorities of MRONPCC’s annual assessment to fund the costs of its delegated functions and related activities, NERC shall pay MRONPCC’s annual assessment to Regional Entity NPCC in four equal quarterly payments on January 15, April 15, July 15 and October 15 of the budget year.

Appears in 5 contracts

Samples: Delegation Agreement, Delegation Agreement, Delegation Agreement

Collection of Funding. (a) NERC shall submit invoices to the load-serving entities or designees identified by MRO ReliabilityFirst covering the NERC and MRO ReliabilityFirst assessments approved for collection. (b) NERC shall pursue any non-payments of assessment amounts and shall request assistance from Applicable Governmental Authorities as necessary to secure collection. To the extent reasonably practicable, MRO ReliabilityFirst shall assist NERC in pursuing and collecting any non-payments. Notwithstanding the foregoing, MRO ReliabilityFirst is not responsible and does not assume any liability for recovering non-payments or underpayments of assessment amounts. NERC shall retain sole responsibility for recovering non-payments or underpayments of assessment amounts. NERC shall add the amount of any non-payments by end-users or designees within MROReliabilityFirst’s region, that are reasonably determined to be uncollectible, to NERC’s assessments for a subsequent year with the amount of such non-payments to be allocated to end-users within MROReliabilityFirst’s region. (c) Upon approval by Applicable Governmental Authorities of MROReliabilityFirst’s annual assessment to fund the costs of its delegated functions and related activities, NERC shall pay MROReliabilityFirst’s annual assessment to Regional Entity ReliabilityFirst in four equal quarterly payments on January 15, April 15, July 15 and October 15 of the budget year.

Appears in 4 contracts

Samples: Delegation Agreement, Delegation Agreement, Delegation Agreement

Collection of Funding. (a) NERC shall submit invoices to the load-serving entities or designees identified by MRO FRCC covering the NERC and MRO FRCC assessments approved for collection. (b) NERC shall pursue any non-payments of assessment amounts and shall request assistance from Applicable Governmental Authorities as necessary to secure collection. To the extent reasonably practicable, MRO FRCC shall assist NERC in pursuing and collecting any non-non- payments. Notwithstanding the foregoing, MRO FRCC is not responsible and does not assume any liability for recovering non-payments or underpayments of assessment amounts. NERC shall retain sole responsibility for recovering non-payments or underpayments of assessment amounts. NERC shall add the amount of any non-payments by end-users or designees within MROFRCC’s region, that are reasonably determined to be uncollectible, to NERC’s assessments for a subsequent year with the amount of such non-payments to be allocated to end-users within MROFRCC’s region. (c) Upon approval by Applicable Governmental Authorities of MROFRCC’s annual assessment to fund the costs of its delegated functions and related activities, NERC shall pay MROFRCC’s annual assessment to Regional Entity FRCC in four equal quarterly payments on January 15, April 15, July 15 and October 15 of the budget year.

Appears in 1 contract

Samples: Delegation Agreement

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Collection of Funding. (a) NERC shall submit invoices to the load-serving entities or designees identified by MRO SPP covering the NERC and MRO SPP assessments approved for collection. (b) NERC shall pursue any non-payments of assessment amounts and shall request assistance from Applicable Governmental Authorities as necessary to secure collection. To the extent reasonably practicable, MRO SPP shall assist NERC in pursuing and collecting any non-payments. Notwithstanding the foregoing, MRO SPP is not responsible and does not assume any liability for recovering non-payments or underpayments of assessment amounts. NERC shall retain sole responsibility for recovering non-payments or underpayments of assessment amounts. NERC shall add the amount of any non-non- payments by end-users or designees within MROSPP’s region, that are reasonably determined to be uncollectible, to NERC’s assessments for a subsequent year with the amount of such non-payments to be allocated to end-users within MROSPP’s region. (c) Upon approval by Applicable Governmental Authorities of MROSPP’s annual assessment to fund the costs of its delegated functions and related activities, NERC shall pay MROSPP’s annual assessment to Regional Entity SPP in four equal quarterly payments on January 15, April 15, July 15 and October 15 of the budget year.

Appears in 1 contract

Samples: Delegation Agreement

Collection of Funding. (a) NERC shall submit invoices to the load-serving entities or designees identified by MRO NPCC covering the NERC and MRO NPCC assessments approved for collection. (b) NERC shall pursue any non-payments of assessment amounts and shall request assistance from Applicable ERO Governmental Authorities as necessary to secure collection. To the extent reasonably practicable, MRO NPCC shall assist NERC in pursuing and collecting any non-non- payments. Notwithstanding the foregoing, MRO NPCC is not responsible and does not assume any liability for recovering non-payments or underpayments of assessment amounts. NERC shall retain sole responsibility for recovering non-payments or underpayments of assessment amounts. NERC shall add the amount of any non-payments by end-users or designees within MRO’s NPCC region, that are reasonably determined to be uncollectible, to NERC’s assessments for a subsequent year with the amount of such non-payments to be allocated to end-users within MRO’s NPCC region. (c) Upon approval by Applicable ERO Governmental Authorities of MRO’s NPCC annual assessment to fund the costs of its delegated functions and related activities, NERC shall pay MRONPCC’s annual assessment to Regional Entity NPCC in four equal quarterly payments on January 15, April 15, July 15 and October 15 of the budget year.

Appears in 1 contract

Samples: Delegation Agreement

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