Common use of Duties of Pool Funds Administrator Clause in Contracts

Duties of Pool Funds Administrator. Except as otherwise expressly provided in this Schedule, the Pool Funds Administrator shall not be required to ascertain or enquire as to the performance or observance by any Pool Member, the Ancillary Services Provider or the Grid Operator of its obligations under the Agreement and shall have no duty to inform the Executive Committee or any Pool Member, the Ancillary Services Provider or the Grid Operator of any default, other than a failure to pay as may come to its attention.

Appears in 1 contract

Samples: Settlement Agreement (Southern Investments Uk PLC)

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Duties of Pool Funds Administrator. Except except as otherwise expressly provided in this Schedule, the Pool Funds Administrator shall not be required to ascertain or enquire as to the performance or observance by any Pool Member, Member or the Ancillary Services Provider or the Grid Operator of its obligations under the Agreement and shall have no duty to inform the Executive Committee or any Pool Member, Member or the Ancillary Services Provider or the Grid Operator of any default, other than a failure to pay as may come to its attention.

Appears in 1 contract

Samples: Pooling and Settlement Agreement (Yorkshire Power Group LTD)

Duties of Pool Funds Administrator. Except as otherwise expressly provided in this Schedule, the Pool Funds Administrator shall not be required to ascertain or enquire as to the performance or observance by any Pool Member, Member or the Ancillary Services Provider or the Grid Operator of its obligations under the Agreement and shall have no duty to inform the Executive Committee or any Pool Member, Member or the Ancillary Services Provider or the Grid Operator of any default, other than a failure to pay as may come to its attention.

Appears in 1 contract

Samples: Pooling and Settlement Agreement (Entergy London Capital Lp)

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Duties of Pool Funds Administrator. Except as otherwise expressly provided in this Schedule, the Pool Funds Administrator shall not be required to ascertain or enquire as to the performance or observance by any Pool Member, the Ancillary Services Provider or the Grid Operator of its obligations under the this Agreement and shall have no duty to inform the Executive Committee or any Pool Member, the Ancillary Services Provider or the Grid Operator of any default, other than a failure to pay as may come to its attention.

Appears in 1 contract

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

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