Common use of Assignments, Sales, and Transfers Clause in Contracts

Assignments, Sales, and Transfers. Interconnection Customer shall not make a Replacement Request until twelve (12) months have elapsed from: (1) the date of any assignment of the LGIA applicable to the existing Generating Facility, or (2) the date of sale or other transfer of such existing Generating Facility. Upon submission of a Replacement Request from Interconnection Customer to Transmission Provider, Interconnection Customer shall not sell or otherwise transfer the existing Generating Facility, or the replacement Generating Facility, nor assign the applicable LGIA until Transmission Provider completes evaluation of the Replacement Request, or Interconnection Customer withdraws the Replacement Request in writing. In the event that Transmission Provider notifies Interconnection Customer that the Replacement Request has been granted, the prohibition on sale, transfer, or assignment shall be extended in accordance with this Section. For purposes of this Section, prohibited assignments include assignments to affiliates pursuant to Article 19.1 of LGIA or any analogous provision in the applicable LGIA. A transfer, sale, or assignment of the existing Generating Facility, Replacement Generating Facility, or assignment of an applicable LGIA that violates this Section 14.1(vi) shall void the request for Generating Facility Replacement.

Assignments, Sales, and Transfers. Interconnection Customer shall not make a Replacement Repower Request until twelve (12) months have elapsed from: (1) the date of any assignment of the LGIA applicable to the existing Generating Facility, or (2) the date of sale sale, or other transfer of such existing Generating Facility. Upon submission of a Replacement Repower Request from Interconnection Customer to Transmission Provider, Interconnection Customer shall not sell or otherwise transfer the existing Generating Facility, or the replacement Generating Facility, nor assign the applicable LGIA until Transmission Provider completes evaluation of the Replacement Repower Request, or the Interconnection Customer withdraws the Replacement Repower Request in writing. In the event that Transmission Provider notifies Interconnection Customer that the Replacement Repower Request has been granted, the prohibition on sale, transfer, or assignment shall be extended in accordance with this Section12 months from the date the Repower Request is granted. For purposes of this Section, prohibited assignments include assignments to affiliates pursuant to Article 19.1 of the LGIA or any analogous provision in the applicable LGIA. A transfer, sale, or assignment of the existing Generating Facility, Replacement repowered Generating Facility, or assignment of an applicable LGIA that violates this Section 14.1(vi) shall void the request for Generating Facility ReplacementRepower Request.

Assignments, Sales, and Transfers. Interconnection Customer shall not make a Replacement Request until twelve (12) months have elapsed from: (1) the date of any assignment of the LGIA applicable to the existing Generating Facility, or (2) the date of sale or other transfer of such existing Generating Facility. Upon submission of a Replacement Request from Interconnection Customer to Transmission Provider, Interconnection Customer shall not sell or otherwise transfer the existing Generating Facility, or the replacement Generating Facility, nor assign the applicable LGIA until Transmission Provider completes evaluation of the Replacement Request, or the Interconnection Customer withdraws the Replacement Request in writing. In the event that Transmission Provider notifies Interconnection Customer that the Replacement Request has been granted, the prohibition on sale, transfer, or assignment shall be extended in accordance with this Section. For purposes of this Section, prohibited assignments include assignments to affiliates pursuant to Article 19.1 of LGIA or any analogous provision in the applicable LGIA. A transfer, sale, or assignment of the existing Generating Facility, Replacement Generating Facility, or assignment of an applicable LGIA that violates this Section 14.1(vi) shall void the request for Generating Facility Replacement.