Common use of Power Marketing Administrations Participation Clause in Contracts

Power Marketing Administrations Participation. The participation by‌ the United States through Federal power marketing administrations (PMA) in the Corporation is subject in all respects to acts of Congress and to regulations of the Secretary of Energy established thereunder. This reservation includes, but is not limited to, the statutory limitations upon the authority of the Secretary of Energy to submit disputes arising hereunder to arbitration. In the event of a conflict between this Article 17 and any other Article of these Bylaws, this Article 17 shall have precedence with respect to the application of these Bylaws to the United States.

Power Marketing Administrations Participation. The participation by‌ by the United States through Federal power marketing administrations (PMA) in the Corporation is subject in all respects to acts of Congress and to regulations of the Secretary of Energy established thereunder. This reservation includes, but is not limited to, the statutory limitations upon the authority of the Secretary of Energy to submit disputes arising hereunder to arbitration. In the event of a conflict between this Article 17 and any other Article of these Bylaws, this Article 17 shall have precedence with respect to the application of these Bylaws to the United States.