Legal Definitions and Interpretations Quiz
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Questions and Answers

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. (correct)
  • The Constitution of the Republic of France, 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 Republic of France or any other relevant authority in France.
  • The Constitution of the United Kingdom, 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 United Kingdom or any other relevant authority in the UK.
  • The Constitution of the United States of America and 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 United States or any other relevant authority in the US.

    • What is the definition of 'Effective Date' in this Agreement?

  • The date of execution of this Agreement or as agreed otherwise by the Parties. (correct)
  • The date six months after the execution of this Agreement or as agreed otherwise by the Parties.
  • The date one year after the execution of this Agreement or as agreed otherwise by the Parties.
  • The date two years after the 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. (correct)
  • A committee established by the local government to coordinate all electricity customers in the Community, to address enquiries and complaints.
  • A committee established by the state government to coordinate all electricity customers in the Community, to address enquiries and complaints.
  • A committee established by the Distribution Company to coordinate all electricity customers in the Community, to address enquiries and complaints.

    • What is the definition of 'Distribution Company' in this Agreement?

    <p>An electricity distribution company Licensed by NERC.</p> Signup and view all the answers

    What is the location of the 'Community' referred to in this Agreement?

    <p>The Community is located in the Federal Republic of Nigeria, including the Local Government Area.</p> Signup and view all the answers

    What does the term "QualifiedCustomers" refer to?

    <p>Customers that are deemed qualified pursuant to Clause 3.2</p> Signup and view all the answers

    What is the meaning of "NERC" in the context of this text?

    <p>The Nigerian Electricity Regulatory Commission</p> Signup and view all the answers

    What is the purpose of the "Standardized Spreadsheets Tariff Calculation" mentioned in the text?

    <p>To calculate the tariff for the mini-grid system</p> Signup and view all the answers

    How is the decision made as to who qualifies as a Qualified Customer?

    <p>The Mini-Grid Operator makes the decision based on the technical design and feasibility study</p> Signup and view all the answers

    What is the primary goal of the Mini-Grid Operator as described in the text?

    <p>To make a profit by selling electricity to customers</p> Signup and view all the answers

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