FERC Rejection Clause Samples

FERC Rejection. If, prior to the ▇▇▇▇ Commencement Date, this Agreement is rejected by an order from FERC, the Parties will meet and confer within ten (10) business days to determine that they will cooperatively seek further available remedies with respect to such FERC order, or not pursue such remedies (“Rejection”). Unless otherwise agreed to by the Parties, if Rejection occurs, SPP will take all reasonable efforts to stop incurring Implementation Costs as defined in Exhibit A and ▇▇▇▇ Participant will pay SPP its NEL Share of Implementation Cost as determined pursuant to Exhibit A that have been incurred by SPP.
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FERC Rejection. If this Agreement is rejected by an order from FERC, the Parties will meet and confer within ten (10) business days to determine that they will cooperatively seek further available remedies with respect to such FERC order, or not pursue such remedies (“Rejection”). Unless otherwise agreed to by the Parties, if Rejection occurs, a ▇▇▇▇ Participant shall have no further obligation upon a FERC Rejection of this Agreement; subject however, to Section 10.1 for a Founding ▇▇▇▇ Participant.
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Related to FERC Rejection

  • Rejection State Street reserves the right to decline to process or delay the processing of a payment order which (a) is in excess of the collected balance in the account to be charged at the time of State Street’s receipt of such payment order; (b) if initiating such payment order would cause State Street, in State Street’s sole judgment, to exceed any volume, aggregate dollar, network, time, credit or similar limits upon wire transfers which are applicable to State Street; or (c) if State Street, in good faith, is unable to satisfy itself that the transaction has been properly authorized.

  • Order Rejections 53.11.1 CenturyLink shall reject and return to CLEC any order that CenturyLink cannot provision, due to technical reasons, missing information, or jeopardy conditions resulting from CLEC ordering service at less than the standard order interval. 53.11.2 When an order is rejected, CenturyLink will, in its reject notification, describe the existing reasons for which the order was rejected.

  • Acceptance; Rejection A holder of Notes may accept the offer to prepay made pursuant to this Section 8.8 by causing a notice of such acceptance to be delivered to the Company not later than 15 Business Days after receipt by such holder of the most recent offer of prepayment. A failure by a holder of Notes to respond to an offer to prepay made pursuant to this Section 8.8 shall be deemed to constitute rejection of such offer by such holder.

  • ACCEPTANCE AND REJECTION a. Buyer shall accept the Services or give Seller notice of rejection within a reasonable time after the date of delivery. No payment, prior test, inspection, passage of title, any failure or delay in performing any of the foregoing, or failure to discover any defect or other nonconformance shall relieve Seller of any obligations under this Contract or impair any rights or remedies of Buyer. b. If Seller delivers defective or non-conforming Services, Buyer may at its option and at Seller's expense: (i) require Seller to promptly reperform, correct or replace the Services; (ii) correct the Services; or (iii) obtain replacement Services from another source. Return to Seller of defective or non-conforming Services and redelivery to Buyer of corrected or replaced Services shall be at Seller's expense. c. Seller shall not redeliver corrected or rejected Services without disclosing the former rejection or requirement for correction. Seller shall disclose any corrective action taken. All repair, replacement and other correction and redelivery shall be completed as Buyer may reasonably direct.

  • ODUF Pack Rejection 6.4.1 Image Access will notify BellSouth within one (1) business day of rejected packs (via the mutually agreed medium). Packs could be rejected because of pack sequencing discrepancies or a critical edit failure on the Pack Header or Pack Trailer records (e.g., out-of-balance condition on grand totals, invalid data populated). Standard ATIS EMI error codes will be used. Image Access will not be required to return the actual rejected data to BellSouth. Rejected packs will be corrected and retransmitted to Image Access by BellSouth.