Common use of Failure to Satisfy ISO-NE Obligations Clause in Contracts

Failure to Satisfy ISO-NE Obligations. The failure of Seller to satisfy, or cause to be satisfied (other than by Buyer), any material obligation under the ISO-NE Rules or ISO-NE Practices or any other material obligation with respect to ISO- NE, and such failure has a material adverse effect on the Facility or Seller’s ability to perform its obligations under this Agreement or on Buyer or Buyer’s ability to receive the benefits under this Agreement, provided that if Seller’s failure to satisfy any material obligation under the ISO-NE Rules or ISO-NE Practices does not have a material adverse effect on Buyer or Buyer’s ability to receive the benefits under this Agreement, Seller may cure such failure within thirty (30) days of its occurrence; or

Failure to Satisfy ISO-NE Obligations. The failure of Seller to satisfy, or cause to be satisfied (other than by Buyer), any material obligation under the ISO-NE Rules or ISO-NE Practices or any other material obligation of Seller with respect to ISO- NEISO-NE or other Independent System Operators, as applicable, and such failure has a material an adverse effect on the Facility or Seller’s ability to perform its obligations under this Agreement or on Buyer or Buyer’s rights or ability to receive the benefits under this Agreement; provided, provided that however, that, if Seller’s failure to satisfy any material obligation of Seller under the ISO-NE Rules or ISO-NE Practices does not have a material an adverse effect on Buyer or Buyer’s ability to receive the benefits under this Agreement, Seller may shall have the opportunity to cure such failure within thirty (30) days of ofafter its occurrence; or