Common use of Assumptions Clause in Contracts

Assumptions. On the Closing Date, based upon the information available to the Seller on such date, the assumptions used in calculating the Storm Recovery Charges are reasonable and are made in good faith. Notwithstanding the foregoing, the Seller makes no representation or warranty, express or implied, that amounts actually collected arising from those Storm Recovery Charges will in fact be sufficient to meet the payment obligations on the related Storm Recovery Bonds or that the assumptions used in calculating such Storm Recovery Charges will in fact be realized.

Appears in 10 contracts

Sources: Storm Recovery Property Purchase and Sale Agreement (Duke Energy Progress SC Storm Funding LLC), Storm Recovery Property Purchase and Sale Agreement (Duke Energy Progress SC Storm Funding LLC), Storm Recovery Property Purchase and Sale Agreement (Duke Energy Progress SC Storm Funding LLC)

Assumptions. On the Closing Date, based upon the information available to the Seller on such date, the assumptions used in calculating the Storm Recovery Charges are reasonable and are made in good faith. Notwithstanding the foregoing, the Seller makes no representation or warranty, express or implied, that amounts actually collected arising from those Storm Recovery Charges will in fact be sufficient to meet the payment obligations on the related Storm Recovery Bonds or that the assumptions used in calculating such Storm Recovery Charges will in fact be realizedBonds.

Appears in 7 contracts

Sources: Storm Recovery Property Purchase and Sale Agreement (Duke Energy Carolinas SC Storm Funding LLC), Storm Recovery Property Purchase and Sale Agreement (Duke Energy Carolinas SC Storm Funding LLC), Storm Recovery Property Purchase and Sale Agreement (Duke Energy Carolinas NC Storm Funding II LLC)

Assumptions. On the Closing Date, based upon the information available to the Seller on such date, the assumptions used in calculating the Storm Recovery Charges are reasonable and are made in good faith. Notwithstanding the foregoing, the Seller makes no representation or warranty, express or implied, that amounts actually collected arising from those Storm Recovery Charges will in fact be sufficient to meet the payment obligations on the related Storm Recovery Bonds or that the assumptions used in calculating such Storm Recovery Charges will in fact be realized.

Appears in 3 contracts

Sources: Storm Recovery Property Purchase and Sale Agreement (Duke Energy Progress NC Storm Funding II LLC), Storm Recovery Property Purchase and Sale Agreement (Duke Energy Carolinas NC Storm Funding II LLC), Storm Recovery Property Purchase and Sale Agreement

Assumptions. On the Closing Transfer Date, based upon the information available to the Seller on such date, the assumptions used in calculating the Storm Recovery Charges are reasonable and are made in good faith. Notwithstanding the foregoing, the Seller makes no representation or warranty, express or implied, that amounts actually collected arising from those Storm Recovery Charges will in fact be sufficient to meet the payment obligations on the related Storm Recovery Bonds or that the assumptions used in calculating such Storm Recovery Charges will in fact be realized.

Appears in 2 contracts

Sources: Storm Recovery Property Purchase and Sale Agreement (Entergy Arkansas Restoration Funding, LLC), Storm Recovery Property Purchase and Sale Agreement (Entergy Arkansas Restoration Funding, LLC)