Common use of Further Understandings Clause in Contracts

Further Understandings. Notwithstanding the foregoing provisions of Section P.2 above, (a) Purchaser shall not be obligated to pay Seller hereunder during the pendency of any appeal with respect to any such Change in the regulatory framework, and (b) any termination of this Agreement or any amendment to this Agreement shall be effective retroactively from the date such Change in the regulatory framework, and Seller shall reimburse Purchaser for any amounts paid to Seller which exceed the amounts that should have been paid pursuant to the foregoing provisions of Section P.2 as a result of such final and non-appealable order regarding a Change in the regulatory framework.

Appears in 3 contracts

Samples: Solar Renewable Energy Certificate Purchase and Sale Agreement, Solar Renewable Energy Certificate Purchase and Sale Agreement, Solar Renewable Energy Certificate Purchase and Sale Agreement

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Further Understandings. Notwithstanding the foregoing provisions of Section P.2 above, (a) Purchaser shall not be obligated to pay Seller hereunder during the pendency of any appeal with respect to any such Regulatory Change in the regulatory framework, and (b) any termination of this Agreement or any amendment to this Agreement shall be effective retroactively from the date such Change in the regulatory frameworkRegulatory Change, and Seller shall reimburse Purchaser for any amounts paid to Seller which exceed the amounts that should have been paid pursuant to the foregoing provisions of Section P.2 as a result of such final and non-non- appealable order regarding a Change in the regulatory frameworkRegulatory Change.

Appears in 2 contracts

Samples: Solar Renewable Energy Certificate Purchase and Sale Agreement, Solar Renewable Energy Certificate Purchase and Sale Agreement

Further Understandings. Notwithstanding the foregoing provisions of Section P.2 above, , (a) Purchaser shall not be obligated to pay Seller hereunder during the pendency of any appeal with respect to any such Regulatory Change in the regulatory framework, and (b) any termination of this Agreement or any amendment to this Agreement shall be effective retroactively from the date such Change in the regulatory frameworkRegulatory Change, and Seller shall reimburse Purchaser for any amounts paid to Seller which exceed the amounts that should have been paid pursuant to the foregoing provisions of Section P.2 as a result of such final and non-appealable order regarding a Change in the regulatory frameworkRegulatory Change.

Appears in 1 contract

Samples: Solar Renewable Energy Certificate Purchase and Sale Agreement

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Further Understandings. Notwithstanding the foregoing provisions of Section P.2 O.2 above, (a) Purchaser shall not be obligated to pay Seller hereunder during the pendency of any appeal with respect to any such Change in the regulatory framework, and (b) any termination of this Agreement or any amendment to this Agreement shall be effective retroactively from the date such Change in the regulatory framework, and Seller shall reimburse Purchaser for any amounts paid to Seller which exceed the amounts that should have been paid pursuant to the foregoing provisions of Section P.2 O.2 as a result of such final and non-appealable order regarding a Change in the regulatory framework.

Appears in 1 contract

Samples: Solar Renewable Energy Certificate Purchase and Sale Agreement

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