Certain Approvals Required Sample Clauses
Certain Approvals Required. Any amendment, modification or supplement of or any waiver under this Agreement on behalf of the Company may be made and will be effectual only upon the approval thereof by the Compensation Committee.
Certain Approvals Required. Notwithstanding any provision of law to the contrary, no information technology personal services contract, nor any contract that provides personnel to perform information technology functions regardless of the cost of the contract, may be established or renewed without written approval from the Department of Information Technology. To facilitate compliance with this requirement, the Department of Information Technology shall develop and document a process to monitor all State agency information technology personal services contracts, as well as any other State contracts providing personnel to perform information technology functions and a process for obtaining approval of contractor positions.
Certain Approvals Required.
(a) Supplier acknowledges that the Buyer’s obligations under this Agreement shall be of no force and effect until the Effective Date of this Agreement.
(b) Notwithstanding Section 4.2(a) above, the Buyer agrees to release the Supplier from this Agreement if a DPUC approval is not obtained within one-hundred and eighty (180) calendar days of the Execution Date if the Supplier does not choose to continue to wait for DPUC approval, and the entire Project Security Deposit shall be returned forthwith, including any interest accrued on said Project Security Deposit.
(c) If the Supplier agrees to wait for DPUC approval after one-hundred and eighty (180) calendar days has elapsed, the FCM Annual Contract Price, the LFRM Annual Contract Price (if relevant), and the Annual Call Option Supplemental Capacity Payment (if relevant) will be escalated by the ▇▇▇▇▇-▇▇▇▇▇▇▇ Index of Public Utility Construction Costs for the period of time between the deadline for the submission of financial bids during the procurement process and the one-hundred and eightieth (180th) calendar day after the Execution Date. These revised figures will constitute the new FCM Annual Contract Price, the LFRM Annual Contract Price (if relevant), and the Annual Call Option Supplemental Capacity Payment. The Buyer agrees to release the Supplier from this Agreement if DPUC approval is not obtained three-hundred and sixty (360) calendar days after the Execution Date, and the entire Project Security Deposit shall be returned forthwith, including any interest accrued on said Project Security Deposit.