Common use of Delegation and Acceptance of Authority Clause in Contracts

Delegation and Acceptance of Authority. The Companies hereby delegate to the Agent and the Agent hereby accepts responsibility and authority for the duties listed in Section 4.1 and elsewhere in this Agreement. Except as herein expressly established otherwise, the Agent shall perform each of those duties in consultation with the Operating Committee. The Agent shall also perform each of those duties in accordance with the standards of conduct described in 18 C.F.R. § 37.4.

Appears in 3 contracts

Samples: Operating Agreement (American Electric Power Co Inc), Operating Agreement (Public Service Co of Oklahoma), Operating Agreement (Southwestern Electric Power Co)

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Delegation and Acceptance of Authority. The Companies hereby delegate to the Agent and the Agent hereby accepts responsibility and authority for the duties listed in Section 4.1 and elsewhere in this Agreement. Except as herein expressly established otherwise, the Agent shall perform each of those duties in consultation with the Operating Committee. The Agent shall also perform each of those duties in accordance with the standards of conduct described in 18 C.F.R. § Section 37.4.

Appears in 2 contracts

Samples: Operating Agreement (American Electric Power Co Inc), Operating Agreement (Public Service Co of Oklahoma)

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Delegation and Acceptance of Authority. The Companies hereby delegate to the Agent and the Agent hereby accepts responsibility and authority for the duties listed in Section 4.1 4.01 and elsewhere in this Agreement. Except as herein expressly established otherwise, the The Agent shall perform each of those duties in consultation with the Operating Committee. The Agent shall also perform each of those duties in accordance with the standards of conduct described in 18 C.F.R. § 37.4Committee except as herein expressly established otherwise.

Appears in 2 contracts

Samples: System Coordination and Operating Agreement (Wisconsin Power & Light Co), System Coordination and Operating Agreement

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