Excess Capacity Buyer Conditions Sample Clauses

Excess Capacity Buyer Conditions. In order to acquire the Excess Capacity Interest, the Excess Capacity Buyer must satisfy all of the following conditions (the "Excess Capacity Buyer Conditions"), to the satisfaction of SR Partnership (and with respect to (i) and (ii) below only with the consent of the other Co-Tenants, which consent shall not be unreasonably withheld): (i) the Excess Capacity Buyer must be a Qualifying Facility (as defined in Title 18, Code of Federal Regulations, Section 292.201 through 292.207, and any successor thereto), (ii) in no way shall the sale of such Excess Capacity Interest interfere with, or diminish the utility, value, economic life, safety, or availability of the Power Transfer System and the rights of the existing Co-Tenants to use the Power Transfer system, (iii) the Excess Capacity Buyer shall have delivered satisfactory evidence of its right to transmit electrical power via the Sagebrush Transmission Line, (iv) the Excess Capacity Buyer must agree to become a party to this Agreement and be bound by the terms hereof (except that the Excess Capacity Buyer shall bear (a) its pro rata share of the Power Transfer System Operating Costs and pay to Manager such pro rata share in accordance with terms substantially similar to Sections 4.4 and 4.5 herein, revised accordingly to reflect the requirement that the Excess Capacity Buyer shall be paying
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Excess Capacity Buyer Conditions. In order to acquire the Excess Capacity Interest, the Excess Capacity Buyer must satisfy all of the following conditions (the "Excess Capacity Buyer
Sample 1

Related to Excess Capacity Buyer Conditions

  • Offer Conditions “Offer Conditions” is defined in Section 1.1(b) of the Agreement.

  • Minimum Condition Section 1.1(a).........................................2

  • Buyer’s Conditions The obligations of Buyer at the Closing are subject, at the option of Buyer, to the satisfaction at or prior to the Closing of the following conditions:

  • Prior Conditions Satisfied All conditions set forth in §10 shall continue to be satisfied as of the date upon which any Loan is to be made or any Letter of Credit is to be issued.

  • Seller’s Conditions The obligations of Seller at the Closing are subject, at the option of Seller, to the satisfaction at or prior to the Closing of the following conditions:

  • Purchaser’s Conditions The respective obligation of each Purchaser to consummate the purchase of the Purchased Units shall be subject to the satisfaction on or prior to the Closing Date of each of the following conditions (any or all of which may be waived by such Purchaser in writing, in whole or in part with respect to its Purchased Units, to the extent permitted by applicable Law):

  • Delivery Condition Subtenant acknowledges that it takes possession of the Subdemised Premises in its “as is” condition, and further acknowledges that Sublandlord has made no representations or warranties of any kind or nature, whether express or implied, with respect to the Subdemised Premises, the remainder of the Premises, the common areas, or the Building, nor has Sublandlord agreed to undertake or perform any modifications, alterations, or improvements to the Subdemised Premises, the remainder of the Premises, the common areas or the Building which would inure to Subtenant’s benefit.

  • Buyer’s Conditions to Closing The obligation of Buyer to consummate the Closing is subject to the fulfillment of each of the following conditions (except to the extent waived in writing by Buyer in its sole discretion):

  • Purchaser’s Conditions to Closing The obligations of the Purchaser under this Agreement shall be subject to the satisfaction, on or prior to the Closing Date, of the following conditions:

  • Seller's Conditions to Closing The obligations of the Seller under this Agreement shall be subject to the satisfaction, on or prior to the Closing Date, of the following conditions:

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