Common use of Independent Engineering Assessments Clause in Contracts

Independent Engineering Assessments. (a) Seller has reviewed the 1998 assessments prepared by Stone & Xxxxxxx with respect to the Generating Plants and the Gas Turbines (the "Independent Engineering Assessments"), and, except as set forth on Schedule 5.15(a), to the knowledge of Seller, as of the date of the Independent Engineering Assessments, there was no untrue statement of a material fact or omission of any material fact therein that would reasonably suggest that the condition of the Generating Plants and the Gas Turbines, taken as a whole, as of such date was materially and adversely different from that described in such Independent Engineering Assessments.

Appears in 2 contracts

Samples: Turbine Asset Purchase and Sale Agreement (Consolidated Edison Co of New York Inc), Generating Plant and Gas Turbine Asset Purchase and Sale Agreement (Consolidated Edison Co of New York Inc)

AutoNDA by SimpleDocs

Independent Engineering Assessments. (a) Seller has reviewed the 1998 assessments prepared by Stone & Xxxxxxx Webster with respect to the Generating txx Xxxerating Plants and the Gas Turbines (the "Independent Engineering Assessments"), and, except as set forth on Schedule 5.15(a), to the knowledge of Seller, as of the date of the Independent Engineering Assessments, there was no untrue statement of a material fact or omission of any material fact therein that would reasonably suggest that the condition of the Generating Plants and the Gas Turbines, taken as a whole, as of such date was materially and adversely different from that described in such Independent Engineering Assessments.

Appears in 1 contract

Samples: Asset Purchase and Sale Agreement (Marketspan Corp)

AutoNDA by SimpleDocs

Independent Engineering Assessments. (a) Seller has reviewed the 1998 assessments prepared by Stone & Xxxxxxx with Websxxx xxxh respect to the Generating Plants and the Gas Turbines (the "Independent Engineering Assessments"), and, except as set forth on Schedule 5.15(a), to the knowledge of Seller, as of the date of the Independent Engineering Assessments, there was no untrue statement of a material fact or omission of any material fact therein that would reasonably suggest that the condition of the Generating Plants and the Gas Turbines, taken as a whole, as of such date was materially and adversely different from that described in such Independent Engineering Assessments.

Appears in 1 contract

Samples: Agreement (Orion Power Holdings Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!