Breach of Obligation. The Parties herein agree that during Term, subject to MSEDCL being in compliance of its obligations and undertakings under this PPA, the SPV shall have no right to negotiate or enter into any dialogue with any third party for the sale of the Contracted Capacity or any part thereof, other than as provided in Article 7.4 hereof.
Appears in 16 contracts
Samples: Power Purchase Agreement, Power Purchase Agreement, Power Purchase Agreement
Breach of Obligation. The Parties herein agree that during the Term, subject to MSEDCL being in compliance of its obligations and undertakings under this PPA, the SPV shall have no right to negotiate or enter into any dialogue with any third party for the sale of the Contracted Capacity or any part thereof, other than as provided in Article 7.4 hereof.
Appears in 1 contract
Samples: Power Purchase Agreement
Breach of Obligation. The Parties herein agree that during the Term, subject to MSEDCL being in compliance of its obligations and undertakings under this PPA, the SPV shall have no right to negotiate or enter into any dialogue with any third party for the sale of the Contracted Capacity or any part thereof, other than as provided in Article 7.4 hereof. Any sale of power to any other entity (other than as provided in Article 7.4 hereof) shall result in penal provision being imposed on the SPV requiring the SPV to refund proportionate SFA that may have been granted to the Project.
Appears in 1 contract
Samples: Power Purchase Agreement
