Double Jeopardy under Power Purchase Agreement Sample Clauses

Double Jeopardy under Power Purchase Agreement. (a) Except disputes or breaches related to Section 2.3 (Company Consents), and Article XII (Insurance), Article XIV (Taxes), and Article XVI (Termination) of the Power Purchaser Agreement, (i) any settlement or waiver in writing by the Power Purchaser of any dispute or breach under the Power Purchase Agreement; and (ii) provided that the GOP was given reasonable and timely notice of and the opportunity to participate in any proceedings (initiated by the Company or the Power Purchaser) concerning any dispute or breach of the Power Purchase Agreement, any final, non-appealable order or award issued or given in any such proceedings, shall be binding on the GOP with respect to any issue or claim, as the case may be, based on the same facts or acts or omissions by the Company and/ or the Power Purchaser. Subject to Section 7.3(b), settlement or waiver of any dispute or breach related to Section 2.3 (Company Consents), and Article XII (Insurance), Article XIV (Taxes), and Article XVI (Termination) of the Power Purchase Agreement shall be effective only if agreed to, in writing, by both the Power Purchaser and the GOP. (b) The GOP hereby consents, at the request of the Company, to be timely joined in any proceedings (initiated by the Company or the Power Purchaser) concerning any claim of any breach of or other dispute related to the Power Purchase Agreement if and to the extent the Company’s rights or obligations under this Agreement or under the Guarantee may be affected by such proceedings. (c) Notwithstanding any other provision in this Agreement to the contrary, the Power Purchaser shall be responsible in the first instance for pursuing any claim against the Company based upon a failure of the Company to satisfy its obligations under the Power Purchase Agreement. The GOP shall not bring (or other than through the Power Purchaser, cause any proceedings to be brought) against the Company for any breach of its obligations under Article III and Section 4.1 and Section 4.2 (to the extent such Articles and Sections relate to substantially similar obligations of the Company under the Power Purchase Agreement) or Article XI of this Agreement, if the Power Purchaser has fully pursued, or is then pursuing, a claim or claims against the Company based upon an alleged breach of the Power Purchase Agreement. A final, non-appealable order issued in a proceeding initiated by the Power Purchaser and based upon a claim of a breach of the Power Purchase Agreement, shall be wit...
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Double Jeopardy under Power Purchase Agreement. XIII.4.1Except for disputes or breaches related to Section 4.1 (License), and Article XIII (Insurance), Article XVI (Taxes), and Article XVII (Defaults and Termination) of the Power Purchase Agreement, the settlement or waiver in writing by the Utility of any dispute or breach under the Power Purchase Agreement shall be binding on the Government with respect to an issue or claim, as the case may be, based on the same facts or acts or omissions by the Company. Settlement or waiver of any dispute or breach related to Section 4.1 (License), and Article XIII (Insurance), Article XVI (Taxes), and Article XVII (Defaults and Termination) of the Power Purchase Agreement shall be effective only if agreed to, in writing, by both the Utility and the Government.

Related to Double Jeopardy under Power Purchase Agreement

  • Stock Purchase Agreement (a) Purchaser understands and agrees that the conversion of the Note into equity securities of the Company may require such Purchaser’s execution of certain agreements (in form reasonably agreeable to a majority in interest of the Purchasers) relating to the purchase and sale of such securities as well as registration, information and voting rights, if any, relating to such equity securities. (b) Purchaser agrees to be bound by the agreements described in Section 2(a).

  • The Purchase Agreement This Agreement has been duly authorized, executed and delivered by the Company and the Guarantors.

  • Securities Purchase Agreement This Agreement and the transactions contemplated hereby have been duly and validly authorized by the Company, this Agreement has been duly executed and delivered by the Company and this Agreement, when executed and delivered by the Company, will be, a valid and binding agreement of the Company enforceable in accordance with its terms, subject as to enforceability to general principles of equity and to bankruptcy, insolvency, moratorium, and other similar laws affecting the enforcement of creditors’ rights generally.

  • Stockholders Agreement Investor and the other parties to the Stockholders Agreement shall have executed and delivered the Stockholders Agreement to the Company.

  • Shareholders Agreements Any agreement by and between the Shareholder and any Affiliate of the Company;

  • Membership Agreement Membership in USA Gymnastics is a privilege and may be (i) denied, withheld, or non-renewed at any time by USA Gymnastics and/or (ii) suspended or terminated in accordance with USA Gymnastics’ bylaws, policies and standards. You agree that USA Gymnastics has the right to deny, withhold, non-renew, suspend or terminate your membership if you engage in any sexual misconduct, or if USA Gymnastics has reason to believe you pose a threat to the safety of athletes or other members. You have read, understand and agree to be bound by this Agreement, the USA Gymnastics bylaws, Safe Sport Policy, SafeSport Investigation & Resolution Procedures, and Code of Ethical Conduct. You are bound by all safe sport rules, policies and procedures whether published by USA Gymnastics or the U.S. Center for Safe Sport (“Center”), as well as all applicable state, federal, and local laws, including applicable criminal laws. You consent to the jurisdiction of the Center. Any discipline imposed by the Center or USA Gymnastics extends to your participation in all aspects of the Olympic Movement. You agree that any disciplinary measure, whether interim or final, whether imposed before or after the date of this Agreement, whether expired or in effect, may be posted on our website or otherwise publicly published and may include information identifying you and describing the misconduct alleged. You authorize USA Gymnastics and its members to disclose, in good faith, any information or honestly held opinions about you, including without limitation any membership records, USA Gymnastics SafeSport or Center information, or other disciplinary information, with any current or potential employer of yours. You further agree that USA Gymnastics may disclose any information provided by, or about, you as USA Gymnastics determines is reasonably necessary to comply with any law, regulation, legal process, or any request by any governmental body or agency, the Center, or the United States Olympic and Paralympic Committee (“USOPC”). TO THE MAXIMUM EXTENT ALLOWED BY LAW, YOU FOREVER RELEASE AND DISCHARGE USA GYMNASTICS AND/OR ITS MEMBERS FROM ANY AND ALL LOSS, LIABILITY, DAMAGE OR CLAIM OF ANY KIND OR NATURE, WHETHER KNOWN OR UNKNOWN, WHETHER IN LAW OR IN EQUITY, WHETHER NOW EXISTING OR ACCRUING IN THE FUTURE, ARISING OUT OF OR IN CONNECTION WITH ANY INFORMATION OR OPINIONS DISCLOSED IN ACCORDANCE WITH THIS SECTION.

  • Agreements to Sell and Purchase and Lock-Up Agreements On the basis of the representations and warranties contained in this Agreement, and subject to its terms and conditions, the Company agrees to issue and sell, and each Underwriter agrees, severally and not jointly, to purchase from the Company at a price per Share of $______ (the "PURCHASE PRICE") the number of Firm Shares set forth opposite the name of such Underwriter in Schedule I hereto. On the basis of the representations and warranties contained in this Agreement, and subject to its terms and conditions, the Company agrees to issue and sell the Additional Shares and the Underwriters shall have the right to purchase, severally and not jointly, up to _______ Additional Shares from the Company at the Purchase Price. Additional Shares may be purchased solely for the purpose of covering over-allotments made in connection with the offering of the Firm Shares. The Underwriters may exercise their right to purchase Additional Shares in whole or in part from time to time by giving written notice thereof to the Company within 30 days after the date of this Agreement. You shall give any such notice on behalf of the Underwriters and such notice shall specify the aggregate number of Additional Shares to be purchased pursuant to such exercise and the date for payment and delivery thereof, which date shall be a business day (i) no earlier than two business days after such notice has been given (and, in any event, no earlier than the Closing Date (as hereinafter defined)) and (ii) no later than ten business days after such notice has been given. If any Additional Shares are to be purchased, each Underwriter, severally and not jointly, agrees to purchase from the Company the number of Additional Shares (subject to such adjustments to eliminate fractional shares as you may determine) which bears the same proportion to the total number of Additional Shares to be purchased from the Company as the number of Firm Shares set forth opposite the name of such Underwriter in Schedule I bears to the total number of Firm Shares. The Company hereby agrees not to (i) offer, pledge, sell, contract to sell, sell any option or contract to purchase, purchase any option or contract to sell, grant any option, right or warrant to purchase, or otherwise transfer or dispose of, directly or indirectly, any

  • Amendment to Purchase Agreement Section 1.3 of the Purchase Agreement is hereby amended and restated in its entirety to read as follows:

  • Shareholder Agreement The Shareholder Agreement shall have been duly executed and delivered by the Company.

  • Shareholders Agreement For so long as the ratio of the number of the Equity Securities owned by the Star Group on a fully diluted basis divided by the number of the Equity Securities owned by the Investor Group on a fully diluted basis is at least 0.6, the Guarantor may not take any of the actions set forth in schedule II of the Shareholders’ Agreement without the prior written approval of Star. For the purpose of this clause “on a fully diluted basis” means taking into account any shares issued or issuable under warrants, options and convertible instruments (or other equity equivalents).

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