Common use of Compliance With Applicable Legal Authorities Clause in Contracts

Compliance With Applicable Legal Authorities. Each of the Companies and the BGS-FP Supplier are subject to, and shall comply with, all existing or future applicable federal, state and local laws, all existing or future duly promulgated orders or other duly-authorized actions of the MISO or of Applicable Legal Authorities that relate to or affect performance under this Agreement. Compliance by the Company with any Renewable Energy Portfolio Standards enacted, approved, required or ordered by the Applicable Legal Authorities shall not be deemed a breach or violation of this Agreement or an Event of Default under Section 5.1.

Appears in 3 contracts

Samples: Guaranty (Dynegy Inc /Il/), Forward Contract (Dynegy Inc /Il/), Forward Contract

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Compliance With Applicable Legal Authorities. Each of the Companies and the BGS-FP LRTP Supplier are subject to, and shall comply with, all existing or future applicable federal, state and local laws, all existing or future duly promulgated orders or other duly-authorized actions of the MISO or of Applicable Legal Authorities that relate to or affect performance under this Agreement. Compliance by the Company with any Renewable Energy Portfolio Standards enacted, approved, required or ordered by the Applicable Legal Authorities shall not be deemed a breach or violation of this Agreement or an Event of Default under Section 5.1.

Appears in 2 contracts

Samples: Forward Contract, Forward Contract

Compliance With Applicable Legal Authorities. Each of the The Companies and the BGS-FP Supplier are subject to, and shall comply with, all existing or future applicable federal, state and local laws, all existing or future duly promulgated orders or other duly-authorized actions of the MISO or of Applicable Legal Authorities that relate to or affect performance under this Agreement. Compliance by the Company Companies with any Renewable Energy Portfolio Standards enacted, approved, required or ordered by the Applicable Legal Authorities shall not be deemed a breach or violation of this Agreement or an Event of Default under Section 5.110.3.

Appears in 2 contracts

Samples: Forward Contract, Forward Contract

Compliance With Applicable Legal Authorities. Each of the Companies and the BGS-FP LFP Supplier are subject to, and shall comply with, all existing or future applicable federal, state and local laws, all existing or future duly promulgated orders or other duly-authorized actions of the MISO or of Applicable Legal Authorities that relate to or affect performance under this Agreement. Compliance by the Company with any Renewable Energy Portfolio Standards enacted, approved, required or ordered by the Applicable Legal Authorities shall not be deemed a breach or violation of this Agreement or an Event of Default under Section 5.1.

Appears in 2 contracts

Samples: Forward Contract, Forward Contract

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Compliance With Applicable Legal Authorities. Each of the The Companies and the BGS-FP Supplier are subject to, and shall comply with, all existing or future applicable federal, state and local laws, all existing or future duly promulgated orders or other duly-authorized actions of the MISO or of Applicable Legal Authorities Authorities, to the extent such laws, orders, or actions that relate to or affect a Party’s performance under this Agreement. Compliance by the Company Companies with any Renewable Energy Portfolio Standards enacted, approved, required or ordered by the Applicable Legal Authorities shall not be deemed a breach or violation of this Agreement or an Event of Default under Section 5.1.

Appears in 1 contract

Samples: Supplier Forward Contract

Compliance With Applicable Legal Authorities. Each of the The Companies and the BGS-FP Supplier are subject to, and shall comply with, all existing or future applicable federal, state and local laws, all existing or future duly promulgated orders or other duly-authorized actions of the MISO or of Applicable Legal Authorities that relate to or affect performance under this Agreement. Compliance by the Company Companies with any Renewable Energy Portfolio Standards enacted, approved, required or ordered by the Applicable Legal Authorities shall not be deemed a breach or violation of this Agreement or an Event of Default under Section 5.1.

Appears in 1 contract

Samples: Supplier Forward Contract

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