Common use of Aggrieved Party Options Clause in Contracts

Aggrieved Party Options. (i) If the notice is to seek ----------------------- review of a vote of the Management Committee, the Aggrieved Party's notice to the Management Committee shall invoke arbitration as described herein in its notice pursuant to paragraph B(1), and may also initiate mediation with the agreement of the Management Committee, while reserving such Party's right to proceed with the arbitration if mediation does not resolve the matter within 20 days of the giving of the Party's notice or such longer period as may be fixed by mutual agreement of the Management Committee and the Aggrieved Party. Notwithstanding the initiation of mediation, the arbitration proceeding shall proceed concurrently with the selection of the arbitrator pursuant to paragraph C(1) of this Section 21.1.

Appears in 2 contracts

Sources: New England Power Pool Agreement (United Illuminating Co), New England Power Pool Agreement (United Illuminating Co)

Aggrieved Party Options. (i) If the notice is to seek ----------------------- review of a vote of the Management ----------------------- Participants Committee, the Aggrieved Party's notice to the Management Participants Committee shall invoke arbitration as described herein in its notice pursuant to paragraph B(1), and may also initiate mediation with the agreement of the Management Participants Committee, while reserving such Party's right to proceed with the arbitration if mediation does not resolve the matter within 20 days of the giving of the Party's notice or such longer period as may be fixed by mutual agreement of the Management Participants Committee and the Aggrieved Party. Notwithstanding the initiation of mediation, the arbitration proceeding shall proceed concurrently with the selection of the arbitrator pursuant to paragraph C(1) of this Section 21.1.

Appears in 1 contract

Sources: New England Power Pool Agreement (New England Power Co)

Aggrieved Party Options. (i) If the notice is to seek ----------------------- review of a vote of the Management Committee, the Aggrieved Party's notice to the Management Committee shall invoke arbitration as described herein in its notice pursuant to paragraph B(1), and may also initiate mediation with the agreement of the Management Committee, while reserving such Party's right to proceed with the arbitration if mediation does not resolve the matter within 20 days of the giving of the Party's notice or such longer period as may be fixed by mutual agreement of the Management Committee and the Aggrieved Party. Notwithstanding the initiation of mediation, the arbitration proceeding shall proceed concurrently with the selection of the arbitrator pursuant to paragraph C(1) of this Section 21.1.

Appears in 1 contract

Sources: New England Power Pool Agreement (North Atlantic Energy Corp /Nh)

Aggrieved Party Options. (i) If the notice is to seek ----------------------- review of a vote of the Management Participants Committee, the Aggrieved Party's notice to the Management Participants Committee shall invoke arbitration as described herein in its notice pursuant to paragraph B(1), and may also initiate mediation with the agreement of the Management Participants Committee, while reserving such Party's right to proceed with the arbitration if mediation does not resolve the matter within 20 days of the giving of the Party's notice or such longer period as may be fixed by mutual agreement of the Management Participants Committee and the Aggrieved Party. Notwithstanding the initiation of mediation, the arbitration proceeding shall proceed concurrently with the selection of the arbitrator pursuant to paragraph C(1) of this Section 21.1.

Appears in 1 contract

Sources: New England Power Pool Agreement (North Atlantic Energy Corp /Nh)