Additional Seller Creditworthiness Warranties Sample Clauses

Additional Seller Creditworthiness Warranties. Seller need not post security under Section 10 for PacifiCorp’s benefit in the event of Seller default, provided that Seller warrants all of the following:
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Additional Seller Creditworthiness Warranties. Seller need not post security under Section 10 for PacifiCorp’s benefit in the event of Seller default, provided that Seller warrants all of the following: Neither the Seller nor any of its principal equity owners is or has within the past two (2) years been the debtor in any bankruptcy proceeding, is unable to pay its bills in the ordinary course of its business, or is the subject of any legal or regulatory action, the result of which could reasonably be expected to impair Seller’s ability to own and operate the Facility in accordance with the terms of this Agreement. Seller has not at any time defaulted in any of its payment obligations for electricity purchased from PacifiCorp. Seller is not in default under any of its other agreements and is current on all of its financial obligations, including construction related financial obligations. Seller owns, and will continue to own for the term of this Agreement, all right, title and interest in and to the Facility, free and clear of all liens and encumbrances other than liens and encumbrances related to third-party financing of the Facility. [Applicable only to Seller’s with a Facility having a Facility Capacity Rating greater than 3,000 kW] Seller meets the Credit Requirements. Seller hereby declares (Seller initial one only): SAMPLE Seller affirms and adopts all warranties of this Section
Sample 1

Related to Additional Seller Creditworthiness Warranties

  • Customer’s Representations and Warranties Upon Xxxxxx’s request from time to time, Customer will provide Seller with current financial information. Customer represents and warrants that any financial information provided to Seller will be true and correct in all material respects and shall fairly and accurately present the financial condition of Customer as of the date of such financial statements. Customer hereby authorizes Seller to review and evaluate Customer’s credit background from time to time.

  • Customer’s Warranties The Customer warrants that:

  • Customer Representations and Warranties Customer represents and warrants that it:

  • Seller’s Representations, Warranties and Covenants Seller hereby represents, warrants and covenants to Buyer as follows:

  • Buyer’s Representations and Warranties The Buyer represents and warrants to the Company that:

  • Project Co Representations and Warranties Project Co represents and warrants to Hospital that as at the date of this Limited Assignment of Construction Contract:

  • Seller’s Warranties (1) The Seller warrants that, except as disclosed in this contract at settlement:

  • Representations & Warranties 14.1 Each Party represents that it has authority to enter into this Agreement and to do all things necessary to procure the fulfilment of its obligations in terms of this Agreement.

  • Truth of Representations and Warranties The representations and warranties made by the Purchaser in this Agreement or given on its behalf hereunder shall be substantially accurate in all material respects on and as of the Closing Date with the same effect as though such representations and warranties had been made or given on and as of the Closing Date.

  • Additional Representations and Warranties The representations and warranties regarding creation, perfection and priority of security interests in the Receivables, which are attached to this Agreement as Exhibit C, are true and correct to the extent they are applicable.

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