Common use of Scope of Responsibilities Clause in Contracts

Scope of Responsibilities. The responsibilities of the Business Issues Committee shall be the following: (a) Establishment of procedures related to the efficient and non-discriminatory operation of electricity markets centrally coordinated by the ISO, including procedures related to bidding, Settlements and the calculation of market prices; (b) Development of procedures related to the implementation of the commercial aspects associated with the procedures developed by the Operating Committee; (c) Development of procedures related to the commercial aspects of the ISO’s operations; (d) Formation of uniform standards and procedures for the bidding, scheduling, and financial Settlement of bulk power transactions consistent with the Reliability Rules and with the provisions of the ISO Tariffs, the ISO/NYSRC Agreement, the ISO/TO Agreement, and this ISO Agreement; (e) Establishment, subject to the review and approval or modification of the Management Committee, of policies and procedures related to the maintenance of sufficient working capital to fund the operations of the ISO, and the establishment of credit arrangements and accounts with financial and commercial institutions, including banks; (f) Establishment of by-laws, subject to approval by the Management Committee; and (g) Any additional responsibilities assigned by the Management Committee. Procedures adopted by the Business Issues Committee will be implemented by the staff of the ISO unless suspended or overruled by the Management Committee or ISO Board. In carrying out its responsibilities, the Business Issues Committee shall seek input and recommendations from ISO staff. The responsibilities of the Business Issues Committee are subject to revision by the Management Committee. The Business Issues Committee shall adopt by-laws, subject to approval by the Management Committee. The Committee by-laws shall include provisions for notice to all Parties of Committee meetings, including an agenda, at least five (5) business days prior to a meeting and a requirement that no final Committee action be taken on a matter that is not listed on the Committee agenda. For purposes of calculating the notice period required in this paragraph, the day on which the relevant meeting is to be held shall be included, but the day on which notice is given shall not be included. Intermediate Saturdays and Sundays, ISO- designated holidays, and weekdays on which the ISO is closed to business shall be excluded from the computation. As used in this paragraph, “ISO-designated holiday” includes those holidays designated by the ISO on the ISO calendar maintained on the ISO website at xxxx://xxx.xxxxx.xxx/public/committees/calendar/index.jsp.

Scope of Responsibilities. The responsibilities of the Business Issues Operating Committee shall be the following: (a) Establishment of procedures related to the efficient and non-discriminatory operation coordination of electricity markets centrally coordinated by the ISO, including procedures related to bidding, Settlements and operations of the calculation of market pricesNYS Power System; (b) Development Establishment of procedures related to the implementation safe and reliable operation of the commercial aspects associated with the procedures developed by the Operating CommitteeNYS Power System; (c) Development of Ensuring that all ISO rules, procedures related and practices are consistent with the Reliability Rules, and serving as liaison to the commercial aspects of the ISO’s operationsNYSRC; (d) Formation Oversight and coordination of uniform standards operating and performance studies; (e) Review and approval of operating limits; (f) Establishment of procedures for coordinating the biddingmaintenance schedules for the NYS Power System in order to maintain system reliability; (g) Determination of the minimum system Operating Reserves required to be available within the NYS Power System and establishing methods of allocating a portion thereof to responsible entities as minimum Operating Capacity. In determining Operating Reserve requirements, schedulingthe committee shall take into consideration the locational capacity needs of New York State; (h) Establishment of procedures for determining Operating Reserve requirements and, and financial Settlement if experience or the results of bulk power transactions studies indicate the desirability of change, recommending changes thereto to the Management Committee; (i) Development of Locational Installed Capacity Requirements, consistent with the Reliability Rules and with the provisions of the ISO TariffsRules, the ISO/NYSRC AgreementLocal Reliability Rules, the ISO/TO Agreement, Agreement and this the ISO Agreement;; and (e) Establishment, subject to the review and approval or modification of the Management Committee, of policies and procedures related to the maintenance of sufficient working capital to fund the operations of the ISO, and the establishment of credit arrangements and accounts with financial and commercial institutions, including banks; (fj) Establishment of by-laws, subject to approval by the Management Committee; and (gk) Any additional responsibilities assigned by the Management Committee. Procedures adopted by the Business Issues Operating Committee will be implemented by the staff of the ISO unless suspended or overruled by the Management Committee or ISO the Board. In carrying out its responsibilities, the Business Issues Operating Committee shall seek input and recommendations from ISO staff. The responsibilities of the Business Issues Committee Operating Committee, and any subcommittee thereof, are subject to revision by the Management Committee. The Business Issues Operating Committee shall adopt by-laws, subject to approval by the Management Committee. The Committee by-laws shall include provisions for notice to all Parties of Committee meetings, including an agenda, at least five (5) business days prior to a meeting and a requirement that no final Committee action be taken on a matter that is not listed on the Committee agenda. For purposes of calculating the notice period required in this paragraph, the day on which the relevant meeting is to be held shall be included, but the day on which notice is given shall not be included. Intermediate Saturdays and Sundays, ISO- ISO-designated holidays, and weekdays on which the ISO is closed to business shall be excluded from the computation. As used in this paragraph, “ISO-designated holiday” includes those holidays designated by the ISO on the ISO calendar maintained on the ISO website at xxxx://xxx.xxxxx.xxx/public/committees/calendar/index.jsp.

Scope of Responsibilities. The responsibilities of the Business Issues Committee shall be the following: (a) a. Establishment of procedures related to the efficient and non-discriminatory operation of electricity markets centrally coordinated by the ISO, including procedures related to bidding, Settlements and the calculation of market prices; (b) b. Development of procedures related to the implementation of the commercial aspects associated with the procedures developed by the Operating Committee; (c) c. Development of procedures related to the commercial aspects of the ISO’s operations; (d) d. Formation of uniform standards and procedures for the bidding, scheduling, and financial Settlement of bulk power transactions consistent with the Reliability Rules and with the provisions of the ISO Tariffs, the ISO/NYSRC Agreement, the ISO/TO Agreement, and this ISO Agreement; (e) e. Establishment, subject to the review and approval or modification of the Management Committee, of policies and procedures related to the maintenance of sufficient working capital to fund the operations of the ISO, and the establishment of credit arrangements and accounts with financial and commercial institutions, including banks; (f) f. Establishment of by-laws, subject to approval by the Management Committee; and (g) g. Any additional responsibilities assigned by the Management Committee. Procedures adopted by the Business Issues Committee will be implemented by the staff of the ISO unless suspended or overruled by the Management Committee or ISO Board. In carrying out its responsibilities, the Business Issues Committee shall seek input and recommendations from ISO staff. The responsibilities of the Business Issues Committee are subject to revision by the Management Committee. The Business Issues Committee shall adopt by-laws, subject to approval by the Management Committee. The committee Committee by-laws shall include provisions for notice to all Parties of committee Committee meetings, including an agenda, at least seven(7) five (5) business days prior to a meeting and a requirement that no final committee Committee action be taken on a matter that is not listed on the Committee agenda. For purposes of calculating the notice period required in this paragraph, the day on which the relevant meeting is to be held shall be included, but the day on which notice is given shall not be included. Intermediate Saturdays and Sundays, ISO- designated holidays, and weekdays on which the ISO is closed to business shall be excluded from the computation. As used in this paragraph, “ISO-designated holiday” includes those holidays designated by the ISO on the ISO calendar maintained on the ISO website at xxxx://xxx.xxxxx.xxx/public/committees/calendar/index.jsp.committee

Scope of Responsibilities. The responsibilities of the Business Issues Operating Committee shall be the following: (a) a. Establishment of procedures related to the efficient and non-discriminatory operation coordination of electricity markets centrally coordinated by the ISO, including procedures related to bidding, Settlements and operations of the calculation of market pricesNYS Power System; (b) Development b. Establishment of procedures related to the implementation safe and reliable operation of the commercial aspects associated with the procedures developed by the Operating CommitteeNYS Power System; (c) Development of c. Ensuring that all ISO rules, procedures related to the commercial aspects of the ISO’s operations; (d) Formation of uniform standards and procedures for the bidding, scheduling, and financial Settlement of bulk power transactions practices are consistent with the Reliability Rules Rules, and serving as liaison to the NYSRC; d. Oversight and coordination of operating and performance studies; e. Review and approval of operating limits; f. Establishment of procedures for coordinating the maintenance schedules for the NYS Power System in order to maintain system reliability; g. Determination of the minimum system Operating Reserves required to be available within the NYS Power System and establishing methods of allocating a portion thereof to responsible entities as minimum Operating Capacity. In determining Operating Reserve requirements, the committee shall take into consideration the locational capacity needs of New York State; h. Establishment of procedures for determining Operating Reserve requirements and, if experience or the results of studies indicate the desirability of change, recommending changes thereto to the Management Committee; i. Development of Locational Installed Capacity Requirements, consistent with the provisions of the ISO TariffsReliability Rules, the ISO/NYSRC AgreementLocal Reliability Rules, the ISO/TO Agreement, Agreement and this the ISO Agreement;; and (e) Establishment, subject to the review and approval or modification of the Management Committee, of policies and procedures related to the maintenance of sufficient working capital to fund the operations of the ISO, and the establishment of credit arrangements and accounts with financial and commercial institutions, including banks; (f) j. Establishment of by-laws, subject to approval by the Management Committee; and (g) k. Any additional responsibilities assigned by the Management Committee. Procedures adopted by the Business Issues Operating Committee will be implemented by the staff of the ISO unless suspended or overruled by the Management Committee or ISO the Board. In carrying out its responsibilities, the Business Issues Operating Committee shall seek input and recommendations from ISO staff. The responsibilities of the Business Issues Committee Operating Committee, and any subcommittee thereof, are subject to revision by the Management Committee. The Business Issues Operating Committee shall adopt by-laws, subject to approval by the Management Committee. The committee Committee by-laws shall include provisions for notice to all Parties of committee Committee meetings, including an agenda, at least seven(7) five (5) business days prior to a meeting and a requirement that no final committee Committee action be taken on a matter that is not listed on the committee agenda. Committee agenda. For purposes of calculating the notice period required in this paragraph, the day on which the relevant meeting is to be held shall be included, but the day on which notice is given shall not be included. Intermediate Saturdays and Sundays, ISO- designated holidays, and weekdays on which the ISO is closed to business shall be excluded from the computation. As used in this paragraph, “ISO-designated holiday” includes those holidays designated by the ISO on the ISO calendar maintained on the ISO website at xxxx://xxx.xxxxx.xxx/public/committees/calendar/index.jsp.calculating

Scope of Responsibilities. The responsibilities of the Business Issues Committee shall be the following: (a) Establishment of procedures related to the efficient and non-discriminatory operation of electricity markets centrally coordinated by the ISO, including procedures related to bidding, Settlements and the calculation of market prices; (b) Development of procedures related to the implementation of the commercial aspects associated with the procedures developed by the Operating Committee; (c) Development of procedures related to the commercial aspects of the ISO’s operations; (d) Formation of uniform standards and procedures for the bidding, scheduling, and financial Settlement of bulk power transactions consistent with the Reliability Rules and with the provisions of the ISO Tariffs, the ISO/NYSRC Agreement, the ISO/TO Agreement, and this ISO Agreement; (e) Establishment, subject to the review and approval or modification of the Management Committee, of policies and procedures related to the maintenance of sufficient working capital to fund the operations of the ISO, and the establishment of credit arrangements and accounts with financial and commercial institutions, including banks; (f) Establishment of by-laws, subject to approval by the Management Committee; and (g) Any additional responsibilities assigned by the Management Committee. Procedures adopted by the Business Issues Committee will be implemented by the staff of the ISO unless suspended or overruled by the Management Committee or ISO Board. In carrying out its responsibilities, the Business Issues Committee shall seek input and recommendations from ISO staff. The responsibilities of the Business Issues Committee are subject to revision by the Management Committee. The Business Issues Committee shall adopt by-laws, subject to approval by the Management Committee. The Committee by-laws shall include provisions for notice to all Parties of Committee meetings, including an agenda, at least five (5) business days prior to a meeting and a requirement that no final Committee action be taken on a matter that is not listed on the Committee agenda. For purposes of calculating the notice period required in this paragraph, the day on which the relevant meeting is to be held shall be included, but the day on which notice is given shall not be included. Intermediate Saturdays and Sundays, ISO- designated holidays, and weekdays on which the ISO is closed to business shall be excluded from the computation. As used in this paragraph, “ISO-designated holiday” includes those holidays designated by the ISO on the ISO calendar maintained on the ISO website at xxxx://xxx.xxxxx.xxx/public/committees/calendar/index.jsphttp://mdex.nyiso.com/Meetings+%26amp%3B+Events#.

Scope of Responsibilities. The responsibilities of the Business Issues Committee shall be the following: (a) a. Establishment of procedures related to the efficient and non-discriminatory operation of electricity markets centrally coordinated by the ISO, including procedures related to bidding, Settlements and the calculation of market prices; (b) b. Development of procedures related to the implementation of the commercial aspects associated with the procedures developed by the Operating Committee; (c) c. Development of procedures related to the commercial aspects of the ISO’s operations; (d) d. Formation of uniform standards and procedures for the bidding, scheduling, and financial Settlement of bulk power transactions consistent with the Reliability Rules and with the provisions of the ISO Tariffs, the ISO/NYSRC Agreement, the ISO/TO Agreement, and this ISO Agreement; (e) e. Establishment, subject to the review and approval or modification of the Management Committee, of policies and procedures related to the maintenance of sufficient working capital to fund the operations of the ISO, and the establishment of credit arrangements and accounts with financial and commercial institutions, including banks; (f) f. Establishment of by-laws, subject to approval by the Management Committee; and (g) g. Any additional responsibilities assigned by the Management Committee. Procedures adopted by the Business Issues Committee will be implemented by the staff of the ISO unless suspended or overruled by the Management Committee or ISO Board. In carrying out its responsibilities, the Business Issues Committee shall seek input and recommendations from ISO staff. The responsibilities of the Business Issues Committee are subject to revision by the Management Committee. The Business Issues Committee shall adopt by-laws, subject to approval by the Management Committee. The Committee committee by-laws shall include provisions for notice to all Parties of Committee committee meetings, including an agenda, at least five (5) business days prior to a meeting and a requirement that no final Committee committee action be taken on a matter that is not listed on the Committee committee agenda. For purposes of calculating the notice period required in this paragraph, the day on which the relevant meeting is to be held shall be included, but the day on which notice is given shall not be included. Intermediate Saturdays and Sundays, ISO- designated legal holidays, and weekdays on which the ISO is closed to business shall be excluded from the computation. As used in this paragraph, “ISO-designated legal holiday” includes those holidays designated New Year’s Day, the Birthday of Xxxxxx Xxxxxx Xxxx, Xx., Washington’s Birthday, Memorial Day, Independence Day, Labor Day, Columbus Day, Veterans Day, Thanksgiving Day, Christmas Day, and any other day appointed as a holiday by the ISO on President or the ISO calendar maintained on Congress of the ISO website at xxxx://xxx.xxxxx.xxx/public/committees/calendar/index.jspUnited States, or by New York State.

Scope of Responsibilities. The responsibilities of the Business Issues Committee shall be the following: (a) Establishment of procedures related to the efficient and non-discriminatory operation of electricity markets centrally coordinated by the ISO, including procedures related to bidding, Settlements and the calculation of market prices; (b) Development of procedures related to the implementation of the commercial aspects associated with the procedures developed by the Operating Committee; (c) Development of procedures related to the commercial aspects of the ISO’s operations; (d) Formation of uniform standards and procedures for the bidding, scheduling, and financial Settlement of bulk power transactions consistent with the Reliability Rules and with the provisions of the ISO Tariffs, the ISO/NYSRC Agreement, the ISO/TO Agreement, and this ISO Agreement; (e) Establishment, subject to the review and approval or modification of the Management Committee, of policies and procedures related to the maintenance of sufficient working capital to fund the operations of the ISO, and the establishment of credit arrangements and accounts with financial and commercial institutions, including banks; (f) Establishment of by-laws, subject to approval by the Management Committee; and (g) Any additional responsibilities assigned by the Management Committee. Procedures adopted by the Business Issues Committee will be implemented by the staff of the ISO unless suspended or overruled by the Management Committee or ISO Board. In carrying out its responsibilities, the Business Issues Committee shall seek input and recommendations from ISO staff. The responsibilities of the Business Issues Committee are subject to revision by the Management Committee. The Business Issues Committee shall adopt by-laws, subject to approval by the Management Committee. The Committee by-laws shall include provisions for notice to all Parties of Committee meetings, including an agenda, at least five (5) business days prior to a meeting and a requirement that no final Committee action be taken on a matter that is not listed on the Committee agenda. For purposes of calculating the notice period required in this paragraph, the day on which the relevant meeting is to be held shall be included, but the day on which notice is given shall not be included. Intermediate Saturdays and Sundays, ISO- designated holidays, and weekdays on which the ISO is closed to business shall be excluded from the computation. As used in this paragraph, “ISO-designated holiday” includes those holidays designated by the ISO on the ISO calendar maintained on the ISO website at xxxx://xxx.xxxxx.xxx/public/committees/calendar/index.jspxxxx://xxxx.xxxxx.xxx/Meetings+%26amp%3B+Events#.

Scope of Responsibilities. The responsibilities of the Business Issues Committee shall be the following: (a) Establishment of procedures related to the efficient and non-discriminatory operation of electricity markets centrally coordinated by the ISO, including procedures related to bidding, Settlements and the calculation of market prices; (b) Development of procedures related to the implementation of the commercial aspects associated with the procedures developed by the Operating Committee; (c) Development of procedures related to the commercial aspects of the ISO’s operations; (d) Formation of uniform standards and procedures for the bidding, scheduling, and financial Settlement of bulk power transactions consistent with the Reliability Rules and with the provisions of the ISO Tariffs, the ISO/NYSRC Agreement, the ISO/TO Agreement, and this ISO Agreement; (e) Establishment, subject to the review and approval or modification of the Management Committee, of policies and procedures related to the maintenance of sufficient working capital to fund the operations of the ISO, and the establishment of credit arrangements and accounts with financial and commercial institutions, including banks; (f) Establishment of by-laws, subject to approval by the Management Committee; and (g) Any additional responsibilities assigned by the Management Committee. Procedures adopted by the Business Issues Committee will be implemented by the staff of the ISO unless suspended or overruled by the Management Committee or ISO Board. In carrying out its responsibilities, the Business Issues Committee shall seek input and recommendations from ISO staff. The responsibilities of the Business Issues Committee are subject to revision by the Management Committee. The Business Issues Committee shall adopt by-laws, subject to approval by the Management Committee. The Committee by-laws shall include provisions for notice to all Parties of Committee meetings, including an agenda, at least five (5) business days prior to a meeting and a requirement that no final Committee action be taken on a matter that is not listed on the Committee agenda. For purposes of calculating the notice period required in this paragraph, the day on which the relevant meeting is to be held shall be included, but the day on which notice is given shall not be included. Intermediate Saturdays and Sundays, ISO- designated legal holidays, and weekdays on which the ISO is closed to business shall be excluded from the computation. As used in this paragraph, “ISO-designated legal holiday” includes those holidays designated New Year’s Day, the Birthday of Xxxxxx Xxxxxx Xxxx, Xx., Washington’s Birthday, Memorial Day, Independence Day, Labor Day, Columbus Day, Veterans Day, Thanksgiving Day, Christmas Day, and any other day appointed as a holiday by the ISO on President or the ISO calendar maintained on Congress of the ISO website at xxxx://xxx.xxxxx.xxx/public/committees/calendar/index.jspUnited States, or by New York State.

Scope of Responsibilities. ‌ The responsibilities of the Business Issues Committee shall be the following: (a) Establishment of procedures related to the efficient and non-discriminatory operation of electricity markets centrally coordinated by the ISO, including procedures related to bidding, Settlements and the calculation of market prices; (b) Development of procedures related to the implementation of the commercial aspects associated with the procedures developed by the Operating Committee; (c) Development of procedures related to the commercial aspects of the ISO’s operations; (d) Formation of uniform standards and procedures for the bidding, scheduling, and financial Settlement of bulk power transactions consistent with the Reliability Rules and with the provisions of the ISO Tariffs, the ISO/NYSRC Agreement, the ISO/TO Agreement, and this ISO Agreement; (e) Establishment, subject to the review and approval or modification of the Management Committee, of policies and procedures related to the maintenance of sufficient working capital to fund the operations of the ISO, and the establishment of credit arrangements and accounts with financial and commercial institutions, including banks; (f) Establishment of by-laws, subject to approval by the Management Committee; and (g) Any additional responsibilities assigned by the Management Committee. Procedures adopted by the Business Issues Committee will be implemented by the staff of the ISO unless suspended or overruled by the Management Committee or ISO Board. In carrying out its responsibilities, the Business Issues Committee shall seek input and recommendations from ISO staff. The responsibilities of the Business Issues Committee are subject to revision by the Management Committee. The Business Issues Committee shall adopt by-laws, subject to approval by the Management Committee. The Committee by-laws shall include provisions for notice to all Parties of Committee meetings, including an agenda, at least five (5) business days prior to a meeting and a requirement that no final Committee action be taken on a matter that is not listed on the Committee agenda. For purposes of calculating the notice period required in this paragraph, the day on which the relevant meeting is to be held shall be included, but the day on which notice is given shall not be included. Intermediate Saturdays and Sundays, ISO- designated holidays, and weekdays on which the ISO is closed to business shall be excluded from the computation. As used in this paragraph, “ISO-designated holiday” includes those holidays designated by the ISO on the ISO calendar maintained on the ISO website at xxxx://xxx.xxxxx.xxx/public/committees/calendar/index.jsp.