Common use of MH’s Marketing and Sales Function and MP’s Merchant Function Clause in Contracts

MH’s Marketing and Sales Function and MP’s Merchant Function. ‌ The Parties acknowledge that MH has established an open access transmission tariff and MP is subject to the TARIFF, and MH has adopted, and MP is subject to, the FERC “Standards of Conduct” which require that MH’s and MP’s respective employees engaged in transmission system operations function independently from MH’s and MP’s respective marketing and sales employees, and that MH and MP treat all of their respective transmission customers on a non-discriminatory basis. This Agreement is entered into by MH and MP on behalf of their respective marketing and sales functions. Nothing in this Agreement shall obligate either MH’s or MP’s transmissions function to take or refrain from taking any action.

Appears in 2 contracts

Samples: Mw Energy Sale Agreement, Mw Energy Sale Agreement

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MH’s Marketing and Sales Function and MP’s Merchant Function. The Parties acknowledge that MH has established an open access transmission tariff and MP is subject to the TARIFF, and MH has adopted, and MP is subject to, the FERC “Standards of Conduct” which require that MH’s and MP’s respective employees engaged in transmission system operations function independently from MH’s and MP’s respective marketing and sales employees, and that MH and MP treat all of their respective transmission customers on a non-discriminatory basis. This Agreement is entered into by MH and MP on behalf of their respective marketing and sales functions. Nothing in this Agreement shall obligate either MH’s or MP’s transmissions transmission function to take or refrain from taking any action.

Appears in 1 contract

Samples: System Power Sale Agreement

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MH’s Marketing and Sales Function and MP’s Merchant Function. ‌ The Parties acknowledge that MH has established an open access transmission tariff and MP is subject to the TARIFF, and MH has adopted, and MP is subject to, the FERC “Standards of Conduct” which require that MH’s and MP’s respective employees engaged in transmission system operations function independently from MH’s and MP’s respective marketing and sales employees, and that MH and MP treat all of their respective transmission customers on a non-discriminatory basis. This Agreement is entered into by MH and MP on behalf of their respective marketing and sales functions. Nothing in this Agreement shall obligate either MH’s or MP’s transmissions transmission function to take or refrain from taking any action.

Appears in 1 contract

Samples: 2014 Energy Exchange Agreement

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