Common use of Exclusivity of Party B’s Authority Clause in Contracts

Exclusivity of Party B’s Authority. Pursuant to a binding, legally enforceable agreement, Party A has authorized Party B to act for Party A with respect to certain rights and responsibilities as specified in Section 2 of this Declaration (“the Authorized Rights and Responsibilities”). With respect to the Authorized Rights and Responsibilities, Party B is authorized to communicate and transact with PJM as Party A’s sole and exclusive Party B, and PJM is authorized to communicate and transact directly and exclusively with Party B as Party A’s Party B. With respect to Authorized Rights and Responsibilities, Party A will abide by any direction issued by PJM to Party B.