Common use of Reference to the Director Clause in Contracts

Reference to the Director. In the event of any dispute between the Executive Committee and the relevant Pool Member over whether such Pool Member has fulfilled the Scheme Admission Conditions the same may be referred by the Executive Committee or the relevant Pool Member to the Director for determination, whose determination shall be final and binding for all purposes.

Appears in 3 contracts

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

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Reference to the Director. In in the event of any dispute between the Executive Committee and the relevant Pool Member over whether such Pool Member has fulfilled the Scheme Admission Conditions conditions the same may be referred by the Executive Committee committee or the relevant Pool Member to the Director for determination, whose determination shall be final and binding for all purposes.

Appears in 1 contract

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

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