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 obligation of Seller with respect to ISO-NE or other Independent System Operators, as applicable, and such failure has an adverse effect on the 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, however, that, if Seller’s failure to satisfy any obligation of Seller under the ISO-NE Rules or ISO-NE Practices does not have an adverse effect on Buyer or Buyer’s ability to receive the benefits under this Agreement, Seller shall have the opportunity to cure such failure within thirty (30) days ofafter 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-NE or other Independent System Operators, as applicableISO- NE, and such failure has an a material 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, however, that, provided that if Seller’s failure to satisfy any material obligation of Seller under the ISO-NE Rules or ISO-NE Practices does not have an a material adverse effect on Buyer or Buyer’s ability to receive the benefits under this Agreement, Seller shall have the opportunity to may cure such failure within thirty (30) days ofafter of its occurrence; or