Common use of Response to Notices of Possible or Alleged Violations Clause in Contracts

Response to Notices of Possible or Alleged Violations. In the event that either Party receives a Notice of Possible Violation or a Notice of Alleged Violation from a Compliance Enforcement Authority or FERC with respect to one or more Reliability Standards requirements covered by this Agreement and for which the Parties’ responsibility is designated as either “Not Applicable,” “Split” or “Each” in the CFR Matrix, the Party receiving the notice shall notify the other Party in writing within seven (7) days of receiving the written notice. In the event that there is a disagreement between the Parties as to which of the Parties is the Responsible Entity with respect to the subject matter that is at issue in the notice, the disagreement shall be resolved in the manner set forth in Rule 508 of the NERC Rules of Procedure.

Appears in 10 contracts

Samples: Coordinated Functional Registration Agreement, Coordinated Functional Registration Agreement, Coordinated Functional Registration Agreement

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