Ferc Policy On Settlement Agreements

Subsequently, the regulatory objective is to bring the parties into compliance, not to determine a result and to impose it. This is a different role for the regulator than we have seen until now. This section summarizes the applicability of different types of provisions relating to transaction agreements and provides examples of how the parties to the settlement agreement have incorporated these provisions as license terms and non-license terms. Table 1 provides a summary of the proposed conditions of licence for transaction agreements that have tested the limits of the Commission`s jurisdiction and, ultimately, the feasibility of those conditions. Table 2 provides a summary of the themes of the common concord agreements that the parties include in the transaction agreements as proposed conditions of licence and/or as non-license terms.