Organizational components Clause Samples
The 'Organizational components' clause defines the specific parts or units that make up an organization as relevant to the agreement. It typically outlines which departments, divisions, subsidiaries, or teams are included or excluded from the contract’s scope, ensuring that all parties understand which organizational entities are subject to the agreement’s terms. This clause is essential for clarifying the reach of contractual obligations and preventing disputes over which parts of an organization are bound by or benefit from the contract.
Organizational components. (1) An RTG agreement should provide for broad membership and, at a minimum, allow any entity that is subject to, or eligible to apply for, an order under section 211 of the FPA to be a member. An RTG agreement should encompass an area of sufficient size and con- tiguity to enable members to provide transmission services in a reliable, effi- cient, and competitive manner.
(2) An RTG agreement should provide a means of adequate consultation and coordination with relevant state regu- latory, siting, and other authorities.
(3) An RTG agreement should include fair and nondiscriminatory governance and decisionmaking procedures, includ- ing voting procedures.
Organizational components. (1) An RTG agreement should provide for broad membership and, at a minimum, allow any entity that is subject to, or eligible to apply for, an order under section 211 of the FPA to be a member. VerDate Sep<11>2014 17:13 May 03, 2023 Jkt 259062 PO 00000 Frm 00036 Fmt 8010 Sfmt 8010 Q:\18\18V1.TXT PC31 An RTG agreement should encompass an area of sufficient size and con- tiguity to enable members to provide transmission services in a reliable, effi- cient, and competitive manner.
(2) An RTG agreement should provide a means of adequate consultation and coordination with relevant state regu- latory, siting, and other authorities.
(3) An RTG agreement should include fair and nondiscriminatory governance and decision making procedures, in- cluding voting procedures.
Organizational components