Review of Security Cover. The Pool Funds Administrator shall keep under review the Security Amounts relating to each Providing Member and the Grid Operator and shall promptly advise the Executive Committee, the relevant Providing Member or (as the case may be) the Grid Operator whenever the Security Cover maintained by such Providing Member or (as the case may be) the Grid Operator is significantly more or less than the amount required to be maintained pursuant to this Part 3.
Appears in 2 contracts
Samples: Pooling and Settlement Agreement (Txu Eastern Holdongs LTD), Settlement Agreement (Southern Investments Uk PLC)
Review of Security Cover. The Pool Funds Administrator shall keep under review the Security Amounts relating to each Providing Member and the Grid Operator and shall promptly advise the Executive Committee, Committee and the relevant Providing Member or (as the case may be) the Grid Operator whenever the Security Cover maintained by such Providing Member or (as the case may be) the Grid Operator is significantly more or less than the amount required to be maintained pursuant to this Part 3.
Appears in 1 contract
Samples: Pooling and Settlement Agreement (Entergy London Capital Lp)
Review of Security Cover. The the Pool Funds Administrator shall keep under review the Security Amounts relating to each Providing Member and the Grid Operator Supplier and shall promptly advise the Executive Committee, Committee and the relevant Providing Member or (as the case may be) the Grid Operator Supplier whenever the Security Cover maintained by such Providing Member or (as the case may be) the Grid Operator Supplier is significantly more or less than the amount required to be maintained pursuant to this Part 3.
Appears in 1 contract
Samples: Pooling and Settlement Agreement (Yorkshire Power Group LTD)
