Common use of Contract Management and Administration Clause in Contracts

Contract Management and Administration. (a) Fuel Manager shall be responsible, using Prudent Management Practices, twenty-four (24) hours a day, seven (7) days a week during the Term, for all communications, nominations, balancing and administration under the Nicor T&B Agreement. In the event that PERC's performance under this Agreement results in written notice from Nicor Gas that service may or will be suspended under the Nicor T&B Agreement, ▇▇▇▇▇▇ reserves the right to immediately suspend or terminate this Agreement if Fuel Manager does not cure the conditions that caused such notice to issue in time to prevent any such suspension or termination, and, in the event of termination, the provisions of Section 10.5 shall apply. (b) Fuel Manager will also report to ▇▇▇▇▇▇ on a weekly and monthly basis relevant information regarding Fuel Manager's performance under this Agreement, including without limitation the information set forth in Section 3 of Exhibit A to this Agreement, in a format that can be stored and analyzed electronically in a manner and format acceptable to ▇▇▇▇▇▇ in its reasonable judgment, such as in a spreadsheet.

Contract Management and Administration. (a) Fuel Manager shall be responsible, using Prudent Management Practices, twenty-four (24) hours a day, seven (7) days a week during the Term, for all communications, nominations, balancing and administration under the Nicor T&B Agreement. In the event that PERCCinergy's performance under this Agreement results in written notice from Nicor Gas that service may or will be suspended under the Nicor T&B Agreement, ▇▇▇▇▇▇ reserves the right to immediately suspend or terminate this Agreement if Fuel Manager does not cure the conditions that caused such notice to issue in time to prevent any such suspension or termination, and, in the event of termination, the provisions of Section 10.5 shall apply. (b) Fuel Manager will also report to ▇▇▇▇▇▇ on a weekly and monthly basis relevant information regarding Fuel Manager's performance under this Agreement, including without limitation the information set forth in Section 3 of Exhibit A to this Agreement, in a format that can be stored --------- and analyzed electronically in a manner and format acceptable to ▇▇▇▇▇▇ in its reasonable judgment▇, such as in a spreadsheet.