Common use of Exceptions to Consent Requirement Clause in Contracts

Exceptions to Consent Requirement. 6.1.1.1 Either Party may assign the Agreement without the consent of the other Party to any affiliate (including a merger or acquisition of the Party with another entity) of the assigning Party with an equal or greater credit rating and with the legal authority and operational ability to satisfy the obligations of the assigning Party under this Agreement. 6.1.1.2 Customer is entitled to assign the Agreement without the consent of Rocky Mountain Power for collateral security purposes to aid in obtaining financing for the Net Metering Facility. 6.1.1.3 For small generator systems that are integrated into a building facility, the sale of the building or property will result in the automatic assignment of this Agreement to the new owner who will be responsible for complying with the terms and conditions of this Agreement.

Appears in 4 contracts

Samples: Interconnection and Net Metering Service Agreement, Interconnection and Net Metering Service Agreement, Interconnection and Net Metering Service Agreement

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Exceptions to Consent Requirement. 6.1.1.1 Either Party may assign the Agreement without the consent of the other Party to any affiliate (including a merger or acquisition of the Party with another entity) of the assigning Party with an equal or greater credit rating and with the legal authority and operational ability to satisfy the obligations of the assigning Party under this Agreement. 6.1.1.2 Customer Customer-Generator is entitled to assign the Agreement without the consent of Rocky Mountain Power for collateral security purposes to aid in obtaining financing for the Net Metering Facility. 6.1.1.3 For small generator systems that are integrated into a building facility, the sale of the building or property will result in the automatic assignment of this Agreement to the new owner who will be responsible for complying with the terms and conditions of this Agreement.

Appears in 1 contract

Samples: Interconnection and Net Metering Service Agreement

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