Common use of Judicial Council Approval Clause in Contracts

Judicial Council Approval. Contractor acknowledges that the Judicial Council is relying upon the unique expertise and capability of Contractor. Any assignment of this SPPA shall be subject to the written approval of the Judicial Council, which approval shall not be unreasonably withheld. Contractor shall provide the Judicial Council with thirty (30) calendar days’ written notice of any proposed assignment that requires their approval. Contractor must include in such notice supporting documentation sufficient to demonstrate to the reasonable satisfaction of the Judicial Council that such proposed assignee has both the financial capacity and the technical and managerial ability to perform the duties and obligations required under this SPPA at a level equal to or exceeding Contractor’s abilities. If the Judicial Council determines in its sole reasonable judgment that those standards are satisfied, it shall approve such proposed assignment. In the event the Judicial Council determines in its sole reasonable judgment that the assignee fails to meet the financial capacity and the technical ability to perform the duties and obligations required under this SPPA, the Judicial Council shall promptly give Contractor written notice of such determination and Contractor shall be prohibited from making such assignment. The Judicial Council shall notify Contractor within thirty (30) calendar days after the Judicial Council’s receipt of Contractor’s notice of a proposed assignment and supporting documentation as to whether or the Judicial Council approves of the proposed assignment. In the event the Judicial Council does not approve a requested assignment, no funds submitted with that request as may have been required under Section 10.1 shall be refunded to Contractor.

Appears in 2 contracts

Samples: Solar Power Purchase Agreement, Solar Power Purchase Agreement

AutoNDA by SimpleDocs

Judicial Council Approval. Contractor acknowledges that the Judicial Council is are relying upon the unique expertise and capability of Contractor. Any assignment of this SPPA shall be subject to the written approval of the Judicial Council, which approval shall not be unreasonably withheld. Contractor shall provide the Judicial Council with thirty (30) calendar days’ written notice of any proposed assignment that requires their approval. Contractor must include in such notice supporting documentation sufficient to demonstrate to the reasonable satisfaction of the Judicial Council that such proposed assignee has both the financial capacity and the technical and managerial ability to perform the duties and obligations required under this SPPA at a level equal to or exceeding Contractor’s abilities. If the Judicial Council determines in its sole reasonable judgment that those standards are satisfied, it shall approve such proposed assignment. In the event the Judicial Council determines in its sole reasonable judgment that the assignee fails to meet the financial capacity and the technical ability to perform the duties and obligations required under this SPPA, the Judicial Council shall promptly give Contractor written notice of such determination and Contractor shall be prohibited from making such assignment. The Judicial Council shall notify Contractor within thirty (30) calendar days after the Judicial Council’s receipt of Contractor’s notice of a proposed assignment and supporting documentation as to whether or the Judicial Council approves of the proposed assignment. In the event the Judicial Council does not approve a requested assignment, no funds submitted with that request as may have been required under Section 10.1 shall be refunded to Contractor.

Appears in 1 contract

Samples: Solar Power Purchase Agreement

AutoNDA by SimpleDocs

Judicial Council Approval. Contractor acknowledges that the Judicial Council is relying upon the unique expertise and capability of Contractor. Any assignment of this SPPA shall be subject to the written approval of the Judicial Council, which approval shall not be unreasonably withheld. Contractor shall provide the Judicial Council with thirty (30) calendar days’ written notice of any proposed assignment that requires their approval. Contractor must include in such notice supporting documentation sufficient to demonstrate to the reasonable satisfaction of the Judicial Council that such proposed assignee has both the financial capacity and the technical and managerial ability to perform the duties and obligations required under this SPPA at a level equal to or exceeding Contractor’s abilities. If the Judicial Council determines in its sole reasonable judgment that those standards are satisfied, it shall approve such proposed assignment. In the event the Judicial Council determines in its sole reasonable judgment that the assignee fails to meet the financial capacity and the technical ability to perform the duties and obligations required under this SPPA, the Judicial Council shall promptly give Contractor written notice of such determination and Contractor shall be prohibited from making such assignment. The Judicial Council shall notify Contractor within thirty (30) calendar days after the Judicial Council’s receipt of Contractor’s notice of a proposed assignment and supporting documentation as to whether or the Judicial Council approves of the proposed assignment. In the event the Judicial Council does not approve a requested assignment, no funds submitted with that request as may have been required under Section section 10.1 shall be refunded to Contractor.. 33

Appears in 1 contract

Samples: Solar Power Purchase Agreement

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