Assignment and Assumption of Water Use Agreement Sample Clauses

Assignment and Assumption of Water Use Agreement. In the event of a termination of this Agreement and the termination of the Power Purchase Agreement and the transfer of the Complex to the GOP in accordance with the provisions of this Article XV , at the written election of the GOP, the Company shall assign, as of the date of transfer of the Complex, the Water Use Agreement to the GOP (or its designee), as required by the GOP in such election, and the GOP (or its designee) shall assume all of the rights, benefits and obligations of the Company under the Water Use Agreement from and after the date of such transfer.
Sample 1
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Assignment and Assumption of Water Use Agreement. Notwithstanding anything to the contrary in this Agreement, in the event of a termination of the Implementation Agreement and the termination of the Power Purchase Agreement as a result of default thereunder by the Company, the Power Purchaser or the GOP and a transfer of the Complex to the GOP/GOAJ&K or its designee in relation thereto, the AJ&K/Provincial Government hereby covenants to the Company, as trustee for the GOAJ&K/GOP or its designee, to permit the assignment of this Agreement to any subsequent owner of the Complex in connection with any such transfer of the Complex, and agrees to novate this Agreement to any subsequent transferee of the Complex on the same terms and conditions of this Agreement for the remainder of the natural term of the Power Purchase Agreement as if it had not been so terminated.
Sample 1
Assignment and Assumption of Water Use Agreement. In the event of a termination of this Agreement and the termination of the Energy Purchase Agreement and the transfer of the Complex to the GOP in accordance with the provisions of this Article XV, at the written election of the GOP, the Seller shall assign, as of the date of transfer of the Complex, the Water Use Agreement to the GOP (or its designee), as required by the GOP in such election, and the GOP (or its designee) shall assume all of the rights, benefits and obligations of the Seller under the Water Use Agreement from and after the date of such transfer. [(i) Transfer of the Complex – Termination of the AJ&K Implementation Agreement. Upon the earlier termination of the AJ&K Implementation Agreement pursuant to the terms of the AJ&K Implementation Agreement, if the GOAJ&K elects not to acquire the Complex or if the Seller elects to transfer the Complex to the GOAJ&K and the GOAJ&K fails to pay the applicable compensation amount due and payable in accordance with the AJ&K Implementation Agreement, the GOP shall have the option to terminate this Agreement and elect to acquire the Complex; provided, however, that upon such election and transfer the GOP pays the Seller the applicable compensation amount that would have been due and payable in accordance with the AJ&K Implementation Agreement together with any interest/return (including default interest/return at the default rate, calculated in accordance with the AJ&K Implementation Agreement), late payment charges, costs, fees that have accrued between the date the GOAJ&K should have paid the compensation and the date the compensation amount is paid by the GOP, which payment shall be made by a date which is ninety (90) Days after the later of (A) the Day on which the GOP elects to acquire the Complex and (B) the last Day of the period provided for transfer of the Complex under the AJ&K Implementation Agreement. In the event that the GOP acquires the Complex as aforesaid, the Seller shall have no further title to or rights or interest in the Complex. The rights and remedies available to the Seller pursuant to the terms of this Agreement and the Guarantee shall be subject to the provision of this Section 15.1(i). In the case where the GOP exercises its option to acquire the Complex in accordance with this Section but fails to pay the applicable compensation that would have been due and payable in accordance with the AJ&K Implementation Agreement, the Seller shall be free to make a claim under the Guaran...
Sample 1

Related to Assignment and Assumption of Water Use Agreement

  • Assignment and Assumption The parties to each assignment shall execute and deliver to the Administrative Agent an Assignment and Assumption, together with a processing and recordation fee in the amount of $3,500; provided, however, that the Administrative Agent may, in its sole discretion, elect to waive such processing and recordation fee in the case of any assignment. The assignee, if it is not a Lender, shall deliver to the Administrative Agent an Administrative Questionnaire.

  • Amendment and Assignment This Agreement may be amended only in writing and signed by both parties. This Agreement may not be assigned to another party.

  • Assignment and Novation 34.1 The Supplier shall not assign, novate, or otherwise dispose of or create any trust in relation to any or all of its rights, obligations or liabilities under this Framework Agreement or any part of it without Approval.

  • ACKNOWLEDGMENT AND ASSUMPTION OF RISKS The Event takes place indoors or outdoors and may include but is not limited to: warm-up exercises; competitive swimming, cycling, and running, both in practice and in the Event; demo-ing (trying out) gear; participation in clinics, training, demonstrations, or other games and activities; attendance at any Event activities; use of any equipment, facilities or premises; and traveling in planes, vans, buses, or other vehicles to and from activities (the Event and other activities collectively referred to in this Agreement as “Activities” or “Activity”). Activities may be scheduled or unscheduled, mandatory or optional, whether or not authorized and/or conducted by Organizer, structured or unstructured, and include free time. I acknowledge that the inherent and other risks, hazards, and dangers (collectively referred to in this Agreement as “Risks”) of the Activities can cause injury, damage, death, or other loss to Participant or others. I give permission for my child to participate in all Activities and shall discuss this Agreement, and specifically, the Activities and inherent risks, with my child. The following describes some, but not all, of the Risks assumed by Participant by participating in the Event or Activities:

  • SUBLEASING AND ASSIGNMENT The Sublessee may not lease, sublease, or assign the Premises without the prior written consent of the Sublessor.

  • Enurement and Assignment This Agreement shall enure to the benefit of the parties hereto and their respective successors and permitted assigns and shall be binding upon the parties hereto and their respective successors. This Agreement may not be assigned by any party hereto without the prior written consent of each of the other parties hereto.

  • Sublease and Assignment Tenant shall have the right without Landlord's consent, to assign this Lease to a corporation with which Tenant may merge or consolidate, to any subsidiary of Tenant, to any corporation under common control with Tenant, or to a purchaser of substantially all of Tenant's assets. Except as set forth above, Tenant shall not sublease all or any part of the Leased Premises, or assign this Lease in whole or in part without Landlord's consent, such consent not to be unreasonably withheld or delayed.

  • SUB-CONTRACTING AND ASSIGNMENT 18.1 Subject to clause 18.3, neither party shall assign, novate, subcontract or otherwise dispose of any or all of its rights and obligations under this agreement without the prior written consent of the other party, neither may the Supplier sub-contract the whole or any part of its obligations under this agreement except with the express prior written consent of the Authority, such consent not to be unreasonably withheld.

  • Indemnification and Assumption of Risk – Vendor Data VENDOR AGREES THAT IT IS VOLUNTARILY PROVIDING DATA (INCLUDING BUT NOT LIMITED TO: VENDOR INFORMATION, VENDOR DOCUMENTATION, VENDOR’S PROPOSALS, VENDOR PRICING SUBMITTED OR PROVIDED TO TIPS, TIPS CONTRACT DOCUMENTS, TIPS CORRESPONDENCE, VENDOR LOGOS AND IMAGES, VENDOR’S CONTACT INFORMATION, VENDOR’S BROCHURES AND COMMERCIAL INFORMATION, VENDOR’S FINANCIAL INFORMATION, VENDOR’S CERTIFICATIONS, AND ANY OTHER VENDOR INFORMATION OR DOCUMENTATION, INCLUDING WITHOUT LIMITATION SOFTWARE AND SOURCE CODE UTILIZED BY VENDOR, SUBMITTED TO TIPS BY VENDOR AND ITS AGENTS) (“VENDOR DATA”) TO TIPS. FOR THE SAKE OF CLARITY, AND WITHOUT LIMITING THE BREADTH OF THE INDEMNITY OBLIGATIONS IN SECTION 14 ABOVE, VENDOR AGREES TO PROTECT, INDEMNIFY, AND HOLD THE TIPS INDEMNITEES HARMLESS FROM AND AGAINST ANY AND ALL LOSSES, CLAIMS, ACTIONS, DEMANDS, ALLEGATIONS, SUITS, JUDGMENTS, COSTS, EXPENSES, FEES, INCLUDING COURT COSTS, ATTORNEY’S FEES, AND EXPERT FEES AND ALL OTHER LIABILITY OF ANY NATURE WHATSOEVER ARISING OUT OF OR RELATING TO: (I) ANY UNAUTHORIZED, NEGLIGENT OR WRONGFUL USE OF, OR CYBER DATA BREACH INCIDENT AND VIRUSES OR OTHER CORRUPTING AGENTS INVOLVING, VENDOR’S DATA, PRICING, AND INFORMATION, COMPUTERS, OR OTHER HARDWARE OR SOFTWARE SYSTEMS, AND; (II) ALLEGATIONS OR CLAIMS THAT ANY VENDOR DATA INFRINGES ON THE INTELLECTUAL PROPERTY RIGHTS OF A THIRD-PARTY OR VENDOR.

  • AGREEMENT AND ACCEPTANCE Seller’s unqualified acceptance of this AGREEMENT is evidenced by either: (i) signing and returning to Buyer a written acknowledgment of this AGREEMENT; (ii) commencing work under such AGREEMENT; or (iii) acceptance of payment. By acceptance of this AGREEMENT as just defined, Xxxxxx agrees to be bound by and comply with all terms and conditions of this AGREEMENT, including any supplements thereto, and all specifications and other documents referred to herein. Any and all other terms, conditions, or obligations offered by Seller in its acceptance of this AGREEMENT are hereby expressly rejected by the Buyer.

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