10 Questions
What is the definition of 'Applicable Laws' in this Agreement?
The Constitution of the Federal Republic of Nigeria, any national, state or local law, statute, bye-law, ordinance, decree, directive, regulation, standard, circular, guideline, rule, code, delegated or subordinate legislation, judicial act or decision, judgment, order, proclamation, directive, executive order, other legislative measure, binding actions or enactments of the Federal Republic of Nigeria or any other relevant authority in Nigeria.
What is the definition of 'Effective Date' in this Agreement?
The date of execution of this Agreement or as agreed otherwise by the Parties.
What is the definition of 'Community Power Committee' or 'CPC' in this Agreement?
A committee established by the Community to coordinate all electricity customers in the Community, to address enquiries and complaints.
What is the definition of 'Distribution Company' in this Agreement?
An electricity distribution company Licensed by NERC.
What is the location of the 'Community' referred to in this Agreement?
The Community is located in the Federal Republic of Nigeria, including the Local Government Area.
What does the term "QualifiedCustomers" refer to?
Customers that are deemed qualified pursuant to Clause 3.2
What is the meaning of "NERC" in the context of this text?
The Nigerian Electricity Regulatory Commission
What is the purpose of the "Standardized Spreadsheets Tariff Calculation" mentioned in the text?
To calculate the tariff for the mini-grid system
How is the decision made as to who qualifies as a Qualified Customer?
The Mini-Grid Operator makes the decision based on the technical design and feasibility study
What is the primary goal of the Mini-Grid Operator as described in the text?
To make a profit by selling electricity to customers
Test your knowledge on legal terms and interpretations with this quiz. Identify the meanings of various expressions commonly used in legal agreements and documents.
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