Common use of Managers Responsibilities Clause in Contracts

Managers Responsibilities. Each Manager, with respect to the Transmission Assets for which it is responsible, shall: (a) exercise final operational responsibility and control for the Transmission Asset, except as otherwise provided in this Agreement; (b) in the conduct of all O&M Activities for which it is responsible, considering the remaining Service Life and, in the case of the Maritime Link, the Required Condition: (i) apply methods and practices customarily applied in other similar circumstances; (ii) exercise that degree of care, skill and diligence reasonably and ordinarily exercised by experienced utility operators engaged in similar activities under similar circumstances and conditions; (iii) comply with all regulatory requirements of the Applicable Regulator; and (iv) comply with Good Utility Practice; (c) ensure that all O&M Activities are performed pursuant to the applicable Annual Maintenance Plan Approved by the JOC, with only those variations as are necessary and appropriate for the operation and maintenance of the Transmission Asset in accordance with Good Utility Practice; (d) provide adequate, qualified, competent and suitably experienced executive, professional, managerial, supervisory, technical and administrative personnel to perform its obligations, including professional engineers and procurement, project management and operating and maintenance personnel; (e) obtain and maintain in good standing all required Regulatory Approvals; (f) comply with all Applicable Law (including System Operator rules to the extent applicable), reliability standards as required by the applicable Authorized Authority in the Manager’s jurisdiction, and relevant Regulatory Approvals; and (g) in the case of Emera with respect to the Maritime Link, maintain all Facility Real Property Interests in full force and effect, including enforcing Emera’s rights under the Facility Real Property Interests against third parties, and in the case of Nalcor, maintain and enforce its similar interests relating to the NL Transmission Assets.