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.
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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.
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Organizational components 
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Related to Organizational components

  • Organizational Transition Local Church shall take all steps necessary to close and/or dissolve any legal entities of the Local Church and to settle, liquidate, or transfer all assets and obligations of such entities, or to establish any new legal entities, or to modify its current organizing documents as needed to effectuate its disaffiliation from The United Methodist Church, to the satisfaction of Annual Conference.

  • Organizational Existence Except as otherwise permitted by Section 3.6, each Credit Party will and will cause its Subsidiaries to at all times preserve and keep in full force and effect its organizational existence and all rights and franchises material to its business.

  • Organizational Matters The Partners agree as follows:

  • Third Party Components The Products and Services may contain third party components (including open source software) subject to separate license agreements. To the limited extent a third party license expressly supersedes this ▇▇▇▇, such third party license governs Customer’s use of that third party component.

  • Components Patheon will purchase and test all Components (with the exception of Client-Supplied Components) at Patheon’s expense and as required by the Specifications.