Common use of Failure to Obtain Regulatory Approval Clause in Contracts

Failure to Obtain Regulatory Approval. If Buyer notifies Seller that it has received an order from the Authority regarding this Agreement that is not acceptable either in form or substance to Buyer in its sole discretion, Buyer may terminate this Agreement within thirty (30) days after the date of the order. Buyer must provide notice of such termination to Seller in accordance with the provisions of Article 14. Upon such termination, neither Party shall have any further liability hereunder.

Appears in 4 contracts

Samples: Service Agreement, Standard Contract for the Purchase and Sale of Renewable Energy Credits (Energea Portfolio 4 USA LLC), Standard Contract for the Purchase and Sale of Connecticut Class I Renewable Energy Credits

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Failure to Obtain Regulatory Approval. If Buyer Xxxxx notifies Seller that it has received an order from the Authority regarding this Agreement that is not acceptable either in form or substance to Buyer in its sole discretion, Buyer may terminate this Agreement within thirty (30) days after the date of the order. Buyer must provide notice of such termination to Seller in accordance with the provisions of Article 14. Upon such termination, neither Party shall have any further liability hereunder.

Appears in 3 contracts

Samples: Standard Contract for the Purchase and Sale of Connecticut Class I Renewable Energy Credits, Standard Contract for the Purchase and Sale of Connecticut Class I Renewable Energy Credits, Service Agreement

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Failure to Obtain Regulatory Approval. If Buyer Xxxxx notifies Seller that it has received an order from the Authority regarding this Agreement that is not acceptable either in form or substance to Buyer in its sole discretion, Buyer may terminate this Agreement within thirty (30) days after the date of the order. Buyer must provide notice of such termination to Seller in accordance with the provisions of Article 14. Upon such termination, neither Party shall have any further liability hereunder.. ONLY

Appears in 2 contracts

Samples: Standard Contract for the Purchase and Sale of Connecticut Class I Renewable Energy Credits, Standard Contract for the Purchase and Sale of Connecticut Class I Renewable Energy Credits

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