Common use of Express Authority Clause in Contracts

Express Authority. All directions and instructions of the Executive Committee or the Chief Executive to the Ancillary Services Provider shall, as between the Ancillary Services Provider and the Pool Members, be deemed to have the express authority of, and shall be binding without reservation upon, all Pool Members.

Appears in 3 contracts

Sources: Pooling and Settlement Agreement (Calenergy Co Inc), Pooling and Settlement Agreement (Txu Eastern Holdongs LTD), Settlement Agreement (Southern Investments Uk PLC)