Common use of Notice before action Clause in Contracts

Notice before action. Each Pool Creditor shall give notice to the Pool Funds Administrator before instituting any action or proceedings in any court to enforce payments due to it pursuant to this Schedule. Upon receipt of any notice under this sub-section 24.3, the Pool Funds Administrator will as soon as practicable notify the Executive Committee, all Pool Members, the Settlement System Administrator, the Ancillary Services Provider, the Grid Operator and the Director.

Appears in 2 contracts

Samples: Pooling and Settlement Agreement (Txu Eastern Holdongs LTD), Settlement Agreement (Southern Investments Uk PLC)

AutoNDA by SimpleDocs

Notice before action. Each Pool Creditor shall give notice to the Pool Funds Administrator before instituting any action or proceedings in any court to enforce payments due to it pursuant to this Schedule. Upon receipt of any notice under this sub-section 24.3, the Pool Funds Administrator will as soon as practicable notify the Executive Committee, all Pool Members, the Settlement System Administrator, the Ancillary Services Provider, the Grid Operator Provider and the Director.

Appears in 1 contract

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

AutoNDA by SimpleDocs

Notice before action. Each each Pool Creditor shall give notice to the Pool Funds Administrator before instituting any action or proceedings in any court to enforce payments due to it pursuant to this Schedule. Upon receipt of any notice under this sub-section 24.3, the Pool Funds Administrator will as soon as practicable notify the Executive Committee, all Pool Members, the Settlement System Administrator, the Ancillary Services Provider, the Grid Operator Provider and the Director.

Appears in 1 contract

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

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!