Conditions on Obligations of T&D and the Seller. The obligations of T&D and the Seller under this Agreement and the designation of the Effective Date for the commencement of this Agreement are subject to the fulfillment and satisfaction of each of the following conditions precedent, any one or more of which may only be waived in writing, in whole or in part, by the Party for whose benefit such condition exists. As used in this Agreement, the “Party for whose benefit a condition exists” means the Party whose obligation is contingent upon the occurrence of that condition.
Appears in 7 contracts
Samples: Capacity and Associated Energy Purchase and Sale Agreement, Purchase and Sale Agreement, Demand Resource Capacity Purchase and Sale Agreement
Conditions on Obligations of T&D and the Seller. The obligations of T&D and the Seller under this Agreement and the designation of the Effective Date for the commencement of this Agreement are subject to the fulfillment and satisfaction of each of the following conditions precedent, any one or more of which may only be waived in writing, in whole or in part, by the Party for whose benefit such condition exists. As used in this Agreement, the “Party for whose benefit a condition exists” means the Party whose obligation is contingent upon the occurrence of that condition.
Appears in 1 contract
Samples: Biomass Generated Energy Purchase and Sale Agreement
