Common use of FUELS COMMITTEE Clause in Contracts

FUELS COMMITTEE. 20.1 As a means of establishing a centralized forum to facilitate the timely and candid consideration and discussion between all Participants of policies and issues associated with the procurement of coal for the San Xxxx Project, there is hereby established a Fuels Committee, which shall remain in existence during the term of this Agreement. The Participants do not intend that the operation of the Fuels Committee shall affect the day-to-day fuels-related operational responsibilities of the Operating Agent, except as otherwise specifically provided in this Section 20. The Fuels Committee shall have no authority to modify any of the provisions of this Agreement. 20.2 The Fuels Committee shall consist of one representative from each Participant. Any of the Participants may, by written notice to the other Participants, designate an alternate or substitute to act as its representative on the Fuels Committee in the absence of the regular representative on the Fuels Committee or to act on specified occasions or with respect to specified matters. Each Participant shall notify the other Participants promptly in writing of the designation of its representative on the Fuels Committee and of any subsequent change in such designation. The chairperson of the Fuels Committee shall be a representative employed by a Participant that is a signatory to the Underground Coal Sales Agreement. The Fuels Committee shall meet regularly, but in no event less than semiannually. Special meetings shall be called by the chairperson if requested in writing by any three (3) Participants. 20.3 The Fuels Committee shall have the following functions and responsibilities: 20.3.1 To conduct studies, or cause studies to be conducted, regarding criteria pertaining to the acquisition of coal supplies and the negotiation and approval of coal agreements. Such studies and recommendations may include, but are not limited to: 20.3.1.1 Annual fuel supply budgets 20.3.1.2 Coal cost 20.3.1.3 Coal delivery rates and minimum take obligations 20.3.1.4 Coal quality 20.3.1.5 Contract terms 20.3.1.6 Economic requirements 20.3.1.7 Negotiation strategies

Appears in 2 contracts

Samples: San Juan Project Participation Agreement (Public Service Co of New Mexico), San Juan Project Participation Agreement (Public Service Co of New Mexico)

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FUELS COMMITTEE. 20.1 As a means of establishing a centralized forum to facilitate the timely and candid consideration and discussion between all Participants of policies and issues associated with the procurement of coal for the San Xxxx Project, there is hereby established a Fuels Committee, which shall remain in existence during the term of this Agreement. The Participants do not intend that the operation of the Fuels Committee shall affect the day-day- to-day fuels-related operational responsibilities of the Operating Agent, except as otherwise specifically provided in this Section 20. The Fuels Committee shall have no authority to modify any of the provisions of this Agreement. 20.2 The Fuels Committee shall consist of one representative from each Participant. Any of the Participants may, by written notice to the other Participants, designate an alternate or substitute to act as its representative on the Fuels Committee in the absence of the regular representative on the Fuels Committee or to act on specified occasions or with respect to specified matters. Each Participant shall notify the other Participants promptly in writing of the designation of its representative on the Fuels Committee and of any subsequent change in such designation. The chairperson of the Fuels Committee shall be a representative employed by a the Participant that is a signatory to the Underground Coal Sales AgreementCSA. The Fuels Committee shall meet regularly, but in no event less than semiannually. Special meetings shall be called by the chairperson if requested in writing by any three (3) Participants. 20.3 The Subject to Section 20.7, the Fuels Committee shall have the following functions and responsibilities: 20.3.1 To conduct studies, or cause studies to be conducted, regarding criteria pertaining to the acquisition of coal supplies and the negotiation and approval of coal agreements. Such studies and recommendations may include, but are not limited to: 20.3.1.1 Annual fuel supply budgets 20.3.1.2 Coal cost 20.3.1.3 Coal delivery rates and minimum take obligations 20.3.1.4 Coal quality 20.3.1.5 Contract terms 20.3.1.6 Economic requirements 20.3.1.7 Negotiation strategies

Appears in 1 contract

Samples: San Juan Project Participation Agreement

FUELS COMMITTEE. 20.1 As a means of establishing a centralized forum to facilitate the timely and candid consideration and discussion between all Participants of policies and issues associated with the procurement of coal for the San Xxxx Project, there is hereby established a Fuels Committee, which shall remain in existence during the term of this Agreement. The Participants do not intend that the operation of the Fuels Committee shall affect the day-to-day fuels-related operational responsibilities of the fuels management department of the Operating Agent, except as otherwise specifically provided in this Section 20. The Fuels Committee shall have no authority to modify any of the provisions of this Agreement. 20.2 The Fuels Committee shall consist of one representative from each Participant. Any of the Participants may, by written notice to the other Participants, designate an alternate or substitute to act as its representative on the Fuels Committee in the absence of the regular representative on the Fuels Committee or to act on specified occasions or with respect to specified matters. Each Participant shall notify the other Participants promptly in writing of the designation of its representative on the Fuels Committee and of any subsequent change in such designation. The chairperson of the Fuels Committee shall be a representative employed by a Participant that is a signatory to the Underground Coal Sales Agreement. The Fuels Committee shall meet regularly, but in no event less than semiannually. Special meetings shall be called by the chairperson if requested in writing by any three (3) Participants. 20.3 The Fuels Committee shall have the following functions and responsibilities: 20.3.1 To conduct studies, or cause studies to be conducted, regarding criteria pertaining to the acquisition of coal supplies and the negotiation and approval of coal agreements. Such studies and recommendations may include, but are not limited to: 20.3.1.1 Annual fuel supply budgets 20.3.1.2 Coal cost 20.3.1.3 Coal delivery rates and minimum take obligations 20.3.1.4 Coal quality 20.3.1.5 Contract terms 20.3.1.6 Economic requirements 20.3.1.7 Negotiation strategies

Appears in 1 contract

Samples: Participation Agreement (Public Service Co of New Mexico)

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FUELS COMMITTEE. 20.1 As a means of establishing a centralized forum to facilitate the timely and candid consideration and discussion between all Participants of policies and issues associated with the procurement of coal for the San Xxxx Project, there is hereby established a Fuels Committee, which shall remain in existence during the term of this Agreement. The Participants do not intend that the operation of the Fuels Committee shall affect the day-day- to-day fuels-related operational responsibilities of the Operating Agent, except as otherwise specifically provided in this Section 20. The Fuels Committee shall have no authority to modify any of the provisions of this Agreement. 20.2 The Fuels Committee shall consist of one representative from each Participant. Any of the Participants may, by written notice to the other Participants, designate an alternate or substitute to act as its representative on the Fuels Committee in the absence of the regular representative on the Fuels Committee or to act on specified occasions or with respect to specified matters. Each Participant shall notify the other Participants promptly in writing of the designation of its representative on the Fuels Committee and of any subsequent change in such designation. The chairperson of the Fuels Committee shall be a representative employed by a Participant that is a signatory to the Underground Coal Sales Agreement. The Fuels Committee shall meet regularly, but in no event less than semiannually. Special meetings shall be called by the chairperson if requested in writing by any three (3) Participants. 20.3 The Fuels Committee shall have the following functions and responsibilities: 20.3.1 To conduct studies, or cause studies to be conducted, regarding criteria pertaining to the acquisition of coal supplies and the negotiation and approval of coal agreements. Such studies and recommendations may include, but are not limited to: 20.3.1.1 Annual fuel supply budgets 20.3.1.2 Coal cost 20.3.1.3 Coal delivery rates and minimum take obligations 20.3.1.4 Coal quality 20.3.1.5 Contract terms 20.3.1.6 Economic requirements 20.3.1.7 Negotiation strategies

Appears in 1 contract

Samples: Project Participation Agreement

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