Membership Withdrawals. Pursuant to section 35.15 of the Commission’s regulations, 18 C.F.R. Part 35, and Operating Agreement, section 4.1(c) and Operating Agreement, section 18.18.2, PJM submits a notice of entities that have withdrawn from membership in PJM. As set forth in these sections, a “…member may withdraw from [the Operating Agreement] upon ninety days’ notice,” provided, however, that such withdrawal shall not be effective until approved by the Commission. Additionally, Operating Agreement, Schedule 3, specifies that each group of Affiliates, Related Parties or Member that does not timely pay its annual membership fee by January 1 shall be deemed to have given notice of its intent to withdraw from PJM Membership in accordance with Operating Agreement, section 18.18.2 as noted above. The withdrawing entities specified in this filing have either failed to pay their annual membership fees when due or notified PJM of their intent to withdraw from PJM Membership ninety days prior to the effective date noted for the respective entity as shown in Attachment C.
Appears in 3 contracts
Samples: PJM Operating Agreement, Schedule 12 Membership List Amendments, PJM Operating Agreement, Schedule 12 Membership List Amendments; PJM Reliability Assurance Agreement, Schedule 17 Amendments, PJM Operating Agreement, Reliability Assurance Agreement
Membership Withdrawals. Pursuant to section Section 35.15 of the Commission’s regulations, 18 C.F.R. Part 35, and Operating Agreement, section 4.1(c) and Operating Agreement, section 18.18.2, PJM submits a notice of entities that have withdrawn from membership in PJM. As set forth in these sections, a “…member may withdraw from [the Operating Agreement] upon ninety days’ notice,” provided, however, that such withdrawal shall not be effective until approved by the Commission. Additionally, Operating Agreement, Schedule 3, specifies that each group of Affiliates, Related Parties or Member that does not timely pay its annual membership fee by January 1 shall be deemed to have given notice of its intent to withdraw from PJM Membership in accordance with Operating Agreement, section 18.18.2 as noted above. The withdrawing entities specified in this filing have either failed to pay their annual membership fees when due or notified PJM of their intent to withdraw from PJM Membership ninety days prior to the effective date noted for the respective entity as shown in Attachment C.C. Xxxxxxxxx Xxxxxxxx X. Bose July 31, 2019
Appears in 1 contract
Samples: PJM Operating Agreement, Reliability Assurance Agreement
