Assignment by the Utility. Notwithstanding anything to the contrary contained in this Agreement, the Utility may, after giving 60 (sixty) days‟ notice to the Supplier, assign and/ or transfer any of its rights and benefits and/or obligations under this Agreement to an assignee who is, in the reasonable opinion of the Utility, capable of fulfilling all of the Utility‟s then outstanding obligations under this Agreement and has the financial standing necessary for this purpose.
Appears in 6 contracts
Samples: Procurement Agreement, Procurement Agreement, Procurement Agreement
Assignment by the Utility. Notwithstanding anything to the contrary contained in this Agreement, the Utility may, after giving 60 (sixty) days‟ days’ notice to the SupplierAggregator, assign and/ or transfer any of its rights and benefits and/or obligations under this Agreement to an assignee who is, in the reasonable opinion of the Utility, capable of fulfilling all of the Utility‟s Utility’s then outstanding obligations under this Agreement and has the financial standing necessary for this purpose.
Appears in 3 contracts
Samples: Power Supply Agreement, Power Supply Agreement, Power Supply Agreement
Assignment by the Utility. Notwithstanding anything to the contrary contained in this Agreement, the Utility may, after giving 60 (sixty) days‟ notice to the SupplierAggregator, assign and/ or transfer any of its rights and benefits and/or obligations under this Agreement to an assignee who is, in the reasonable opinion of the Utility, capable of fulfilling all of the Utility‟s then outstanding obligations under this Agreement and has the financial standing necessary for this purpose.
Appears in 2 contracts
Samples: Power Supply Agreement, Power Supply Agreement
Assignment by the Utility. Notwithstanding anything to the contrary contained in this Agreement, the Utility may, after giving 60 (sixty) days‟ days’ notice to the Supplier, assign and/ or transfer any of its rights and benefits and/or obligations under this Agreement to an assignee who is, in the reasonable opinion of the Utility, capable of fulfilling all of the Utility‟s Utility’s then outstanding obligations under this Agreement and has the financial standing necessary for this purpose.
Appears in 1 contract
Samples: Power Purchase Agreement