Common use of Cure of Bankruptcy Rejection Clause in Contracts

Cure of Bankruptcy Rejection. Upon any rejection or other termination of this Agreement pursuant to any process undertaken with respect to Seller under the United States Bankruptcy Code, at the request of Lender made within ninety (90) days of such termination or rejection, Buyer may, in Buyer’s complete discretion, elect to enter into a new agreement with Lender or its assignee having substantially the same terms and conditions as this Agreement.

Appears in 3 contracts

Samples: Net Energy Billing Credits Agreement, Billing Credits Agreement, Net Energy Billing Credits Agreement

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Cure of Bankruptcy Rejection. Upon any rejection or other termination of this Agreement pursuant to any process undertaken with respect to Seller under the United States Bankruptcy Code, at the request of Lender Xxxxxx made within ninety (90) days of such termination or rejection, Buyer may, in Buyer’s complete discretion, elect to enter into a new agreement with Lender or its assignee having substantially the same terms and conditions as this Agreement.

Appears in 2 contracts

Samples: Net Energy Billing Credits Agreement, Net Energy Billing Credits Agreement

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Cure of Bankruptcy Rejection. Upon any rejection or other termination of this Agreement pursuant to any process undertaken with respect to Seller under the United States Bankruptcy Code, at the request of Lender made within ninety (90) days of such termination or rejection, Buyer may, in Buyer’s complete discretion, elect to shall enter into a new agreement with Lender or its assignee having substantially the same terms and conditions as this Agreement.

Appears in 1 contract

Samples: Credit Purchase and Sale Agreement

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