Common use of None Clause in Contracts

None. MRO shall employ the following methods and procedures to (i) keep its funding mechanisms for its statutory activities separate from its funding mechanisms for its non- statutory activities, and (ii) record the costs it incurs in the performance of its non-statutory functions separately from the costs it incurs in the performance of its statutory functions: NOT APPLICABLE. MRO shall provide its budget for such non-statutory activities to NERC at the same time that MRO submits its proposed annual business plan and budget for statutory activities to NERC pursuant to Section 9 of the Agreement. MRO’s budget for non-statutory activities that is provided to NERC shall contain a detailed list of MRO’s non-statutory activities and a description of the funding sources for the non-statutory activities. MRO agrees that no costs (which shall include a reasonable allocation of MRO’s general and administrative costs) of non-statutory activities are to be included in the calculation of MRO’s assessments, dues, fees, and other charges for its statutory activities.

Appears in 7 contracts

Samples: Delegation Agreement, Delegation Agreement, Delegation Agreement

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