Common use of Continuation of Performance Clause in Contracts

Continuation of Performance. Pending the final decision of the arbitrators, the Parties agree, subject to Section 15.2, to diligently proceed with the performance of all obligations, including the payment of all sums required by this Agreement. Payment of any interest shall be as determined by the arbitrator.

Appears in 2 contracts

Samples: Energy Exchange Agreement, Power Sale Agreement

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Continuation of Performance. Pending the final decision of the arbitratorsarbitrators in respect of any bona fide controversy, claim or dispute and provided the said arbitration was initiated in good faith, the Parties agree, subject to Section 15.2, agree to diligently proceed with the performance of all obligations, including the payment of all sums and the performance of all duties required by this Agreement. Payment of any interest shall be as determined by the arbitratorarbitrators subject to the provisions of this Agreement.

Appears in 2 contracts

Samples: Power Sale Agreement, Power Sale Agreement

Continuation of Performance. Pending the final decision of the arbitrators, the Parties agree, subject to Section 15.2, to will diligently proceed with the performance of all obligations, including the payment of all sums sums, required by this Agreement. Payment of any interest shall be as determined by the arbitrator.

Appears in 2 contracts

Samples: Master License Agreement, Master License Agreement

Continuation of Performance. Pending the final decision of the arbitrators, the Parties agree, subject to Section 15.214.2, to diligently proceed with the performance of all obligations, including the payment of all sums required by this Agreement. Payment of any interest shall be as determined by the arbitrator.

Appears in 2 contracts

Samples: Energy Sale Agreement, Energy Sale Agreement

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Continuation of Performance. Pending the final decision of the arbitrators, the Parties agree, subject to Section 15.2, agree to diligently proceed with the performance of all obligations, including without limitation offering of Non-Firm Energy and the payment of all sums required by this Agreement. Payment of any interest Interest shall accrue at the Interest Rate and shall be as determined by the arbitratorcompounded daily on all overpayments and underpayments which occur pending resolution of a controversy, claim or dispute.

Appears in 1 contract

Samples: Non Firm Energy Sale Agreement

Continuation of Performance. Pending the final decision of the arbitratorsarbitrators in respect of any bona fide controversy, claim or dispute and provided the said arbitration was initiated in good faith, the Parties agree, subject to Section 15.2, agree to diligently proceed with the performance of all obligations, including without limitation the payment of all sums and the performance of all duties required by this Agreement. Payment of any interest shall be as determined by the arbitratorarbitrators subject to the provisions of this Agreement.

Appears in 1 contract

Samples: Capacity Sale Agreement

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