Common use of Failure to Meet All Conditions Precedent Clause in Contracts

Failure to Meet All Conditions Precedent. If the Conditions Precedent set forth in Sections 2.4(a)(ii) and (iii) are not satisfied or waived in writing by both Parties on or before one hundred and eighty (180) days from the date on which Buyer files an advice letter submitting this Agreement to the CPUC, then either Party may terminate this Agreement effective upon receipt of Notice by the other Party. Neither Party shall have any obligation or liability to the other, including for a Termination Payment or otherwise, by reason of such termination.

Appears in 24 contracts

Samples: Power Purchase Agreement, Power Purchase Agreement, Power Purchase Agreement

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Failure to Meet All Conditions Precedent. If the Conditions Precedent set forth in Sections 2.4(a)(ii2.5(a)(ii) and (iii) are not satisfied or waived in writing by both Parties on or before one hundred and eighty (180) days from the date on which Buyer files an advice letter submitting this Agreement to the CPUC, then either Party may terminate this Agreement effective upon receipt of Notice by the other Party. Neither Party shall have any obligation or liability to the other, including for a Termination Payment or otherwise, by reason of such termination.

Appears in 9 contracts

Samples: Power Purchase Agreement, Power Purchase Agreement, Power Purchase Agreement

Failure to Meet All Conditions Precedent. If the Conditions Precedent set forth in Sections 2.4(a)(ii2.5(a)(ii) and (iii) are not satisfied or waived in writing by both Parties on or before one two hundred and eighty forty (180240) days from the date on which Buyer files an advice letter submitting this Agreement to the CPUCfor CPUC Approval, then either Party may terminate this Agreement effective upon receipt of Notice by the other Party. Neither Party shall have any obligation or liability to the other, including for a Termination Payment or otherwise, by reason of such termination.

Appears in 5 contracts

Samples: Power Purchase Agreement, Power Purchase Agreement, Power Purchase Agreement

Failure to Meet All Conditions Precedent. If the Conditions Precedent set forth in Sections 2.4(a)(ii6.1(b) and through (iiic) are not satisfied or waived in writing by both Parties Buyer on or before one two hundred and eighty forty (180240) days from the date on which Buyer files an advice letter submitting this Agreement to the CPUCfor CPUC Approval, then either Party may terminate this Agreement effective upon receipt of Notice by the other Party. Neither Party shall have any obligation or liability to the other, including for a Termination Payment or otherwise, by reason of such termination.

Appears in 3 contracts

Samples: Renewable Energy Credit Purchase and Sale Agreement, Renewable Energy Credit Purchase and Sale Agreement, Renewable Energy Credit Purchase and Sale Agreement

Failure to Meet All Conditions Precedent. If the Conditions Precedent set forth in Sections 2.4(a)(ii) 12.1.2 and (iii) 12.1.3 are not satisfied or waived in writing by both Parties on or before one hundred and eighty (180) days from the date on which Buyer files an advice letter submitting this Agreement to the CPUC, then either Party may terminate this Agreement effective upon receipt of Notice by the other Party. Neither Party shall have any obligation or liability to the other, including for a Termination Payment or otherwise, by reason of such termination.

Appears in 3 contracts

Samples: Power Purchase Agreement, Power Purchase Agreement, Power Purchase Agreement

Failure to Meet All Conditions Precedent. If the Conditions Precedent set forth in Sections 2.4(a)(ii6.1(b) and through (iiid) are not satisfied or waived in writing by both Parties Buyer on or before one two hundred and eighty forty (180240) days from the date on which Buyer files an advice letter submitting this Agreement to the CPUCfor CPUC Approval, then either Party may terminate this Agreement effective upon receipt of Notice by the other Party. Neither Party shall have any obligation or liability to the other, including for a Termination Payment or otherwise, by reason of such termination.

Appears in 3 contracts

Samples: Renewable Energy Credit Purchase and Sale Agreement, Renewable Energy Credit Purchase and Sale Agreement, Renewable Energy Credit Purchase and Sale Agreement

Failure to Meet All Conditions Precedent. If the Conditions Precedent set forth in Sections 2.4(a)(ii) 2.5(a)(ii), (iii), and (iiiv) are not satisfied or waived in writing by both Parties on or before one hundred and eighty (180) days from the date on which Buyer files an advice letter submitting this Agreement to the CPUC, then either Party may terminate this Agreement effective upon receipt of Notice by the other Party. Neither Party shall have any obligation or liability to the other, including for a Termination Payment or otherwise, by reason of such termination.

Appears in 2 contracts

Samples: Bioenergy Procurement Rider and Amendment, Bioenergy Procurement Rider and Amendment

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Failure to Meet All Conditions Precedent. If the Conditions Precedent set forth in Sections 2.4(a)(ii) and (iii) are not satisfied or waived in writing by both Parties on or before one two hundred and eighty forty (180240) days from the date on which Buyer files an advice letter submitting this Agreement to the CPUCfor CPUC Approval, then either Party may terminate this Agreement effective upon receipt of Notice by the other Party. Neither Party shall have any obligation or liability to the other, including for a Termination Payment or otherwise, by reason of such termination.

Appears in 2 contracts

Samples: Power Purchase Agreement, Power Purchase Agreement

Failure to Meet All Conditions Precedent. If the Conditions Precedent set forth in Sections 2.4(a)(ii2.5(a)(ii), (iii) and (iiiiv) are not satisfied or waived in writing by both Parties on or before one two hundred and eighty forty (180240) days from the date on which Buyer files an advice letter submitting this Agreement to the CPUCfor CPUC Approval, then either Party may terminate this Agreement effective upon receipt of Notice by the other Party. Neither Party shall have any obligation or liability to the other, including for a Termination Payment or otherwise, by reason of such termination.

Appears in 1 contract

Samples: Power Purchase Agreement

Failure to Meet All Conditions Precedent. If the Conditions Precedent set forth in Sections 2.4(a)(ii2.5(a)(ii) and (iii) are not satisfied or waived in writing by both Parties on or before one two hundred and eighty seventy (180270) days from the date on which Buyer files an advice letter submitting this Agreement to the CPUCfor CPUC Approval, then either Party may terminate this Agreement effective upon receipt of Notice by the other Party. Neither Party shall have any obligation or liability to the other, including for a Termination Payment or otherwise, by reason of such termination.

Appears in 1 contract

Samples: Power Purchase Agreement

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