Good Electricity Industry Practice and liability Sample Clauses

Good Electricity Industry Practice and liability. Currently the general obligations section in the draft DDA (clause 2.1) states that the purpose of the clause is intended to provide an overview of each party’s obligations under this agreement and does not impose any legal obligations on either party. In the comparable clauses in both Unison and Vector negotiated contracts (clauses 2.1 and 2.2), the services and obligations of the trader and distributor are framed with reference to Good Electricity Industry Practice. The obligations are symmetrical, applying to both the trader and distributor. Greater certainty in the obligations of traders and distributors is a benefit to consumers. The reference to Good Electricity Industry Practice in the listing of services and obligations provides a comprehensive cover for all the services and obligations in the agreement. Good Electricity Industry Practice is a well-known and defined term that provides a reference and boundary for standards and operations. This helps to provide a framework for determining liability in the industry. The term Good Electricity Industry Practice is referred to certain clauses in the draft DDA but a more comprehensive and certain approach would be to refer to it in the general obligation section at the start of the DDA. The benefits of greater certainty by referencing Good Electricity Industry Practice accrue to the trader and distributor. The draft DDA is intended to be a default agreement but in effect becomes a mandated agreement in the sense that it is compulsory for such an agreement to be available for adoption if an alternative agreement cannot be negotiated. As such it appears that the term ‘will’ that was used in the voluntary MUoSA is replaced by the term ‘must’. The use of the term ‘must’ indicates that an obligation is imposed on a party (rather than a voluntary agreement). Overall this creates stronger obligations on parties to comply with the DDA where it is taken up. The stronger obligation may have repercussions on liability of parties. While this is a legal question and beyond the scope of this analysis it may have repercussions on liability and insurance costs.
Sample 1
AutoNDA by SimpleDocs

Related to Good Electricity Industry Practice and liability

  • Good Industry Practice all applicable Standards; and

  • Good Utility Practice The Interconnection Customer shall construct, interconnect, operate and maintain its Small Generating Facility and construct, operate, and maintain its Interconnection Facilities in accordance with the applicable manufacturer’s recommended maintenance schedule, and in accordance with this Agreement, and with Good Utility Practice.

  • Interconnection Customer’s Interconnection Facilities The Interconnection Customer shall design, procure, construct, install, own and/or control the Interconnection Customer’s Interconnection Facilities described in Appendix A at its sole expense.

  • Green Economy/Carbon Footprint a) The Supplier/Service Provider has in its bid provided Transnet with an understanding of the Supplier’s/Service Provider’s position with regard to issues such as waste disposal, recycling and energy conservation.

  • Payroll Practices All payments, benefits or other compensation under this paragraph 4 shall be paid in accordance with normal payroll practices as in effect on the Termination Date, except as provided in subparagraph (h) hereof, and subject to required payroll withholdings over the course of the period provided for within the applicable subsection above.

  • Infertility Services This plan covers the following services, in accordance with R.I. General Law §27-20-20. • Services for the diagnosis and treatment of infertility if you are:

  • Utility Services Company agrees to pay the full cost and expense associated with its use of all utilities, including but not limited to water, sanitary sewer, electric, storm drainage, and telecommunication services.

  • System Operations Each party, at its own expense, shall provide and maintain the equipment, software, services and testing necessary to transmit Data Communications to, and receive Data Communications from the parties’ respective Receipt Computers.

  • Liability; Standard of Care Notwithstanding anything herein to the contrary, neither Subadviser, nor any of its directors, officers or employees, shall be liable to Manager or the Trust for any loss resulting from Subadviser’s acts or omissions as Subadviser to the Fund, except to the extent any such losses result from bad faith, willful misfeasance, reckless disregard or gross negligence on the part of the Subadviser or any of its directors, officers or employees in the performance of the Subadviser’s duties and obligations under this Agreement.

  • Interconnection Customer Provided Services The services provided by Interconnection Customer under this LGIA are set forth in Article 9.6 and Article 13.5. 1. Interconnection Customer shall be paid for such services in accordance with Article 11.6.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!