Sector Representation Sample Clauses
The Sector Representation clause defines how parties are represented within specific industry sectors for the purposes of the agreement. Typically, it outlines which individuals or entities are authorized to act on behalf of a sector, and may specify the process for appointing or changing representatives. This clause ensures that communications and decisions are made by appropriate parties, thereby promoting clear lines of authority and reducing the risk of disputes over representation.
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Sector Representation. The members of each Principal Committee shall each belong to a single sector for voting purposes ("Sector"). Each Participant shall be obligated to designate in a notice to the Secretary of the Participants Committee a Sector that it or its Related Persons is eligible to join and that it elects to join for purposes of all of the Principal Committees; provided, however, that a Participant and the Participants which are its Related Persons shall not be eligible to join the End User Sector if any one of them is not eligible to join the End User Sector. A Participant and its Related Persons shall together be entitled to join only one Sector and shall have no more than one vote on each Principal Committee. The Sectors for each Principal Committee, the criteria for eligibility for membership in each Sector and the minimum requirement which a Participant must meet as a member of a Sector in order to appoint a voting member of the Sector and Committee are as follows:
(a) a Generation Sector, which a Participant shall be eligible to join if (i) it (A) owns or leases with rights equivalent to ownership facilities for the generation of electric energy that are located within the NEPOOL Control Area which are currently in operation, or (B) has proposed generation for operation within the NEPOOL Control Area either which has received approvals under Sections 18.4 and/or 18.5 within the past two years or for which completed environmental air or environmental siting applications have been filed or permits exist, and (ii) it is not a Publicly Owned Entity. Purchasing all or a portion of the output of a generation facility shall not be sufficient to qualify a Participant to join the Generation Sector. A Participant which joins the Generation Sector shall be entitled but not required to designate an individual voting member of each Principal Committee, and an alternate to the member, if its operating or proposed generation facilities in the NEPOOL Control Area have or will have, when placed in operation, an aggregate Winter Capability of at least 15 MW. A Participant which joins the Generation Sector but elects not to or is not eligible to designate an individual voting member, shall be represented by a group voting member and an alternate to that member for each Principal Committee (collectively, the "Generation Group Member"). The Generation Group Member shall be appointed by a majority of the Participants in the Generation Sector electing or required to be represented by...
Sector Representation. The members of each Principal Committee shall ---------------------- each belong to a single sector for voting purposes ("Sector"). Each Participant shall be obligated to designate in a notice to the Secretary of the Participants Committee a Sector that it or its Related Persons is eligible to join and that it elects to join for purposes of all of the Principal Committees. A Participant and its Related Persons shall together be entitled to join only one Sector and shall have no more than one vote on each Principal Committee. The Sectors for each Principal Committee, the criteria for eligibility for membership in each Sector and the minimum requirement which a Participant Issued by: David T. Doot Effective: March 1, ▇▇▇▇ ▇▇▇▇▇▇ on: December 30, 1999 67269.43 New England Power Pool FERC Electric Rate Schedule No. 5, Original Revised Sheet No. 71 must meet as a member of a Sector in order to appoint a voting member of the Sector and Committee are as follows:
Sector Representation. The members of each Principal Committee shall each belong to a single sector for --------------------- voting purposes ("Sector"). Each Participant shall be obligated to designate in a notice to the Secretary of the Participants Committee a Sector that it or its Related Persons is eligible to join and that it elects to join for purposes of all of the Principal Committees; provided, however, that a Participant and the Participants which are its Related Persons shall not be eligible to join the End User Sector if any one of them is not eligible to join the End User Sector. A Participant and its Related Persons shall together be entitled to join only one Sector and shall have no more than one vote on each Principal Committee. The Sectors for each Principal Committee, the criteria for eligibility for membership in each Sector and the minimum requirement which a Participant must meet as a member of a Sector in order to appoint a voting member of the Sector and Committee are as follows:
