Common use of Obligations of Members and Adjunct Members Clause in Contracts

Obligations of Members and Adjunct Members. By applying for‌ Membership the applicant acknowledges that it is authorized and agrees to comply with, Reliability Standards to the extent such standards are applicable, and other obligations as set forth in these Bylaws or duly adopted by the board of directors in order to achieve the purposes of the Corporation. Such obligations include but are not limited to requirements to provide data and information needed to perform the functions of the Corporation and the payment of dues and any authorized penalties, including penalties and other obligations resulting from violations of Reliability Standards assessed in accordance with NERC rules and subject to applicable regulatory approval.

Obligations of Members and Adjunct Members. By applying for‌ for Membership the applicant acknowledges that it is authorized and agrees to comply with, Reliability Standards to the extent such standards are applicable, and other obligations as set forth in these Bylaws or duly adopted by the board of directors in order to achieve the purposes of the Corporation. Such obligations include but are not limited to requirements to provide data and information needed to perform the functions of the Corporation and the payment of dues and any authorized penalties, including penalties and other obligations resulting from violations of Reliability Standards assessed in accordance with NERC rules and subject to applicable regulatory approval.