Common use of New Pool Members Clause in Contracts

New Pool Members. (a) until the third Quarter Day next falling after the date of its admission as a Pool Member, any Party who is admitted as a Pool Member pursuant to Clause 8.2 shall have that number of Weighted Votes as fall to be determined in accordance with the following provisions of this Clause 11. 3.1. Thereafter, such Pool Member's Weighted Votes shall be calculated in accordance with Clause 11.2; (b) until the third Quarter Day next falling after the date of admission of the relevant Pool Member as a Pool Member such Pool Member shall have that number of Weighted Votes as are accorded to it upon its admission as a Pool Member by the Executive Committee (which the Executive Committee shall do prior to the date of such admission) who. shall have regard to the factors listed in paragraph (c), (d) and/or (as the case may be) (e) below or as are determined by the Director in accordance with Clause 11.5; (c) the factors referred to in paragraph (b) shall in the case of a Generator include: (i) the Registered Capacity of all Generating Units of such Generator; (ii) the Executive Committee's assessment of the likely availability of all such Generating Units for the period from the date of admission of such Pool Member as a Pool Member to the third Quarter Day next falling after such date, having regard to the registered Generation Scheduling and Despatch Parameters or (as the case may be) Generation Trading Block Scheduling and Despatch Parameters for such Generating Units; (iii) the Executive Committee's assessment of the likely output of all such Generating Units during such period having regard to the output of Generating Units which in the Executive Committee's opinion most nearly correspond to such Generating Units; (iv) the Executive Committee's assessment of the likely daily station load associated with the Power Stations of which such Generating Units form part during such period; and (v) where a Generating Unit of an existing Pool Member is transferred to, and then belongs to, such Generator at or soon after the time of such Generator's admission as a Pool Member, the Weighted Votes most recently attributed to that existing Pool Member by reason of that Generating Unit shall be attributed to such Generator as if such Generator were a Transferee Pool Member under the provisions of paragraphs (A) and (B) of Clause 11.2; (d) the factors referred to in paragraph (b) above shall in the case of a Supplier be the total GWh which would be supplied by the relevant Supplier in the period from the date of admission of such Pool Member as a Pool Member to the third Quarter Day next falling after such date on the basis of its Customers' metered demand or, where such metered information is not available, the load profiles of its Customers used for the purposes of estimating the consumption of Second Tier Customers; and (e) the factors referred to in paragraph (b) above shall in the case of an External Pool Member be whichever one or more of those factors referred to in paragraph (c) above and those referred to in paragraph (d) above as the Executive Committee considers to be most readily applicable to the Generating Units (if any) of such Pool Member and to the level of demand for Active Energy of that Pool Member across the relevant External Interconnection but as if the references to Customers in paragraph (d) were references to that Pool Member's own requirements;

Appears in 1 contract

Samples: Pooling and Settlement Agreement (Entergy London Capital Lp)

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New Pool Members. (a) until the third Quarter Day next falling after the date of its admission as a Pool Member, any Party who is admitted as a Pool Member pursuant to Clause 8.2 shall have that number of Weighted Votes as fall to be determined in accordance with the following provisions of this Clause 11. 3.1. Thereafter, such Pool Member's Weighted Votes shall be calculated in accordance with Clause 11.2; (b) until the third Quarter Day next falling after the date of admission of the relevant Pool Member as a Pool Member such Pool Member shall have that number of Weighted Votes as are accorded to it upon its admission as a Pool Member by the Executive Committee (which the Executive Committee shall do prior to the date of such admission) who. who shall have regard to the factors listed in paragraph (c), (d) and/or (as the case may be) (e) below or as are determined by the Director in accordance with Clause 11.5; (c) the factors referred to in paragraph (b) shall in the case of a Generator include: (i) the Registered Capacity of all Generating Units of such Generator; (ii) the Executive Committee's assessment of the likely availability of all such Generating Units for the period from the date of admission of such Pool Member as a Pool Member to the third Quarter Day next falling after such date, having regard to the registered Generation Scheduling and Despatch Parameters or (as the case may be) Generation Trading Block Scheduling and Despatch Parameters for such Generating Units; (iii) the Executive Committee's assessment of the likely output of all such Generating Units during such period having regard to the output of Generating Units which in the Executive Committee's opinion most nearly correspond to such Generating Units; (iv) the Executive Committee's assessment of the likely daily station load associated with the Power Stations of which such Generating Units form part during such period; and (v) where a Generating Unit of an existing Pool Member is transferred to, and then belongs to, such Generator at or soon after the time of such Generator's admission as a Pool Member, the Weighted Votes most recently attributed to that the existing Pool Member by reason of that Generating Unit shall be attributed to such Generator as if such Generator were a Transferee Pool Member under the provisions of paragraphs (A) and (B) of Clause 11.2; (d) the factors referred to in paragraph (b) above shall in the case of a Supplier be the total GWh which would be supplied by the relevant Supplier in the period from the date of admission of such Pool Member as a Pool Member to the third Quarter Day next falling after such date on the basis of its Customers' metered demand or, where such metered information is not available, the load profiles of its Customers used for the purposes of estimating the consumption of Second Tier Customers; and (e) the factors referred to in paragraph (b) above shall in the case of an External Pool Member be whichever one or more of those factors referred to in paragraph (c) above and those referred to in paragraph (d) above as the Executive Committee considers to be most readily applicable to the Generating Units (if any) of such Pool Member and to the level of demand for Active Energy of that Pool Member across the relevant External Interconnection but as if the references to Customers in paragraph (d) were references to that Pool Member's own requirements;

Appears in 1 contract

Samples: Pooling and Settlement Agreement (Calenergy Co Inc)

New Pool Members. (a) until the third Quarter Day next falling after the date Availability Date in respect of its admission as a that Pool Member, any Party who is admitted as a Pool Member pursuant to Clause 8.2 shall have that number of Weighted Votes as fall to be determined in accordance with the following provisions of this Clause 11. 3.1. Thereafter, such Pool Member's Weighted Votes shall be calculated in accordance with Clause 11.2; (b) until the third Quarter Day next falling after the date Availability Date in respect of admission of the relevant that Pool Member as Member, a Pool Member such Pool Member to whom paragraph (a) applies shall have that number of Generator Weighted Votes and/or Supplier Weighted Votes as are accorded to it upon its admission as a Pool Member by the Executive Committee (which the Executive Committee shall do prior to the date of such admission) who. shall have regard to the factors listed in paragraph accordance with paragraphs (c), (d) and/or (as the case may be) (e) below or as are determined by the Director in accordance with Clause 11.5; (c) in determining the factors referred to number of Generator Weighted Votes in paragraph (b) shall in the case respect of a Generator include: (i) the Registered Capacity of all Generating Units of such new Pool Member who is a Generator; (ii) , the Executive Committee's assessment Committee shall have regard to the estimated generation of the likely availability of all such Generating Units that Generator which is proposed to be sold pursuant to this Agreement for the period from the date of year following its admission of such Pool Member as a Pool Member to the third Quarter Day next falling after such date, having regard to the registered Generation Scheduling and Despatch Parameters (pro rated in respect of each month or part of a month (as the case may be)) Generation Trading Block Scheduling and Despatch Parameters for to such Generating Units; (iii) other factors as the Executive Committee's assessment of the likely output of all such Generating Units during such period having regard to the output of Generating Units which in the Executive Committee's opinion most nearly correspond to such Generating Units; (iv) the Executive Committee's assessment of the likely daily station load associated with the Power Stations of which such Generating Units form part during such period; and (v) where a Generating Unit of an existing Pool Member is transferred to, and then belongs to, such Generator at or soon after the time of such Generator's admission as a Pool Member, the Weighted Votes most recently attributed to that existing Pool Member by reason of that Generating Unit Committee shall be attributed to such Generator as if such Generator were a Transferee Pool Member under the provisions of paragraphs (A) and (B) of Clause 11.2consider appropriate; (d) in determining the factors referred to number of Supplier Weighted Votes in paragraph (b) above shall in the case respect of a Supplier be new Pool Member who is a Supplier, the Executive Committee shall have regard to the estimated total GWh which would is proposed to be supplied taken by that Supplier pursuant to this Agreement for the relevant Supplier in the period from the date of year following its admission of such Pool Member as a Pool Member (pro rated in respect of each month or part of a month (as the case may be)) and to such other factors as the third Quarter Day next falling after such date on the basis of its Customers' metered demand or, where such metered information is not available, the load profiles of its Customers used for the purposes of estimating the consumption of Second Tier Customers; andExecutive Committee shall consider appropriate; (e) in determining the factors referred to number of Weighted Votes in paragraph (b) above shall in the case respect of a new Pool Member who is an External Pool Member be whichever one or more of those factors referred to in paragraph (c) above and those referred to in paragraph (d) above as the Executive Committee considers to be most readily applicable shall have regard to the Generating Units estimated generation (if any) of such Pool Member and to the estimated level of demand for Active Energy (if any) of that Pool Member across the relevant External Interconnection but for the year following its admission as if a Pool Member (pro rated in respect of each month or part of a month (as the references case may be)) and to Customers in paragraph (d) were references to that Pool Member's own requirementssuch other factors as the Executive Committee shall consider appropriate;

Appears in 1 contract

Samples: Pooling and Settlement Agreement (Txu Eastern Holdongs LTD)

New Pool Members. (a) until the third Quarter Day next falling after the date of its admission as a Pool Member, any Party who is admitted as a Pool Member pursuant to Clause 8.2 shall have that number of Weighted Votes as fall to be determined in accordance with the following provisions of this Clause 11. 3.1. Thereafter, such Pool Member's Weighted Votes shall be calculated in accordance with Clause 11.2; (b) until the third Quarter Day next falling after the date of admission of the relevant Pool Member as a Pool Member Member, such Pool Member shall have that number of Generator Weighted Votes and/or Supplier Weighted Votes as are accorded to it upon its admission as a Pool Member by the Executive Committee (which the Executive Committee shall do prior to the date of such admission) who. who shall have regard to the factors listed in paragraph paragraphs (c), (d) and/or (as the case may be) (e) below or as are determined by the Director in accordance with Clause 11.5; (c) the factors referred to in paragraph (b) shall in the case of a Generator include:include:- (i) the Registered Capacity of all Generating Units of such Generator; (ii) the Executive Committee's assessment of the likely availability of all such Generating Units for the period from the date of admission of such Pool Member as a Pool Member to the third Quarter Day next falling after such date, having regard to the registered Generation Scheduling and Despatch Parameters or (as the case may be) Generation Trading Block Scheduling and Despatch Parameters for such Generating Units; (iii) the Executive Committee's assessment of the likely output of all such Generating Units during such period having regard to the output of Generating Units which in the Executive Committee's opinion most nearly correspond to such Generating Units; (iv) the Executive Committee's assessment of the likely daily station load associated with the Power Stations of which such Generating Units form part during such period; and (v) where a Generating Unit of an existing Pool Member is transferred to, and then belongs to, such Generator at or soon after the time of such Generator's admission as a Pool Member, the Generator Weighted Votes most recently attributed to that existing Pool Member by reason of that Generating Unit shall be attributed to such Generator as if such Generator were a Transferee Pool Member under the provisions of paragraphs paragraph (A) and (Ba) of Clause 11.2; (d) the factors referred to in paragraph (b) above shall in the case of a Supplier be the total GWh which would be supplied by the relevant Supplier in the period from the date of admission of such Pool Member as a Pool Member to the third Quarter Day next falling after such date on the basis of its Customers' metered demand or, where such metered information is not available, the load profiles of its Customers used for the purposes of estimating the consumption of Second Tier Customers; and (e) the factors referred to in paragraph (b) above shall in the case of an External Pool Member be whichever one or more of those factors referred to in paragraph (c) above and those referred to in paragraph (d) above as the Executive Committee considers to be most readily applicable to the Generating Units (if any) of such Pool Member and to the level of demand for Active Energy of that Pool Member across the relevant External Interconnection but as if the references to Customers in paragraph (d) were references to that Pool Member's own requirements;

Appears in 1 contract

Samples: Settlement Agreement (Southern Investments Uk PLC)

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New Pool Members. (a) until the third Quarter Day next falling after the date of its admission as a Pool Member, any Party who is admitted as a Pool Member pursuant to Clause 8.2 shall have that number of Weighted Votes as fall to be determined in accordance with the following provisions of this Clause 11. 3.1. Thereafter, such Pool Member's Weighted Votes shall be calculated in accordance with Clause 11.2; (b) until the third Quarter Day next falling after the date of admission of the relevant Pool Member member as a Pool Member such Pool Member shall have that number of Weighted Votes as are accorded to it upon its admission as a Pool Member by the Executive Committee (which the Executive Committee shall do prior to the date of such admission) who. who shall have regard to the factors listed in paragraph (c), (d) and/or (as the case may be) (e) below or as are determined by the Director in accordance with Clause 11.5; (c) the factors referred to in paragraph (b) shall in i the case of a Generator include:such Generator:- (i) the Registered Capacity of all Generating Units of such Generator; (ii) the Executive Committee's assessment of the likely availability of all such Generating Units for the period from the date of admission of such Pool Member as a Pool Member to the third Quarter Day next falling after such date, having regard to the registered Generation Scheduling and Despatch Parameters or (as the case may be) Generation Trading Block Scheduling and Despatch Parameters for such Generating Units; (iii) the Executive Committee's assessment of the likely output of all such Generating Units during such period having regard to the output of Generating Units which in the Executive Committee's opinion most nearly correspond to such Generating Units;; and (iv) the Executive Committee's assessment of the likely daily station load associated with the Power Stations of which such Generating Units form part during such period; and (v) where a Generating Unit of an existing Pool Member is transferred to, and then belongs to, such Generator at or soon after the time of such Generator's admission as a Pool Member, the Weighted Votes most recently attributed to that existing Pool Member by reason of that Generating Unit shall be attributed to such Generator as if such Generator were a Transferee Pool Member under the provisions of paragraphs (A) and (B) of Clause 11.2;. (d) the factors referred to in paragraph (b) above shall in the case of a Supplier be the total GWh which would be supplied by the relevant Supplier in the period from the date of admission of such Pool Member as a Pool Member to the third Quarter Day next falling after such date on the basis of its Customers' metered demand or, where such metered information is not available, the load profiles of its Customers used for the purposes of estimating the consumption of Second Tier Customers; and (e) the factors referred to in paragraph (b) above shall in the case of an External Pool Member be whichever one or more of those factors referred to in paragraph (c) above and those referred to in paragraph (d) above as the Executive Committee considers to be most readily applicable to the Generating Units (if any) of such Pool Member and to the level of demand for Active Energy of that Pool Member across the relevant External Interconnection but as if the references to Customers in paragraph (d) were references to that Pool Member's own requirements;:

Appears in 1 contract

Samples: Pooling and Settlement Agreement (Yorkshire Power Group LTD)

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