Common use of NAESB Certificates Clause in Contracts

NAESB Certificates. Subscribers for NAESB Certificates acknowledge their understanding of the following obligations of the NAESB Wholesale Electric Quadrant Business Practice Standards WEQ-012 (the “WEQ PKI Standards”): Subscribers participating in the WEQ PKI Standards shall be required to be registered in the NAESB EIR and furnish proof that they are an entity authorized to engage in the wholesale electricity industry. Entities or organizations that may require access to applications using authentication specified under the WEQ PKI Standards, but do not qualify as a wholesale electricity market participant (e.g., regulatory agencies, universities, consulting firms, etc.) must register. Registered end entities and the user community they represent shall be required to meet to all end entity obligations in the WEQ PKI Standards. Subscriber organization certifies to GlobalSign that it has reviewed and acknowledges the following WEQ PKI Standards: 4.16.1. Subscriber acknowledges the electric industry’s need for secure private electronic communications that facilitate the following purposes: • Privacy: The assurance to an entity that no one can read a particular piece of data except the receiver(s) explicitly intended; • Authentication: The assurance to one entity that another entity is who he/she/it claims to be; • Integrity: The assurance to an entity that data has not been altered (intentionally or unintentionally) between “there” and “here,” or between “then” and “now”; and • Non-Repudiation: A party cannot deny having engaged in the transaction or having sent the electronic message.

Appears in 6 contracts

Samples: Subscriber Agreement, Subscriber Agreement, Subscriber Agreement

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