Common use of No Default or Amendment Clause in Contracts

No Default or Amendment. Neither Consenting Party nor, to Consenting Party’s knowledge, any other party to either Assigned Agreement is in default of any of its obligations thereunder. To Consenting Party’s knowledge, no event or condition exists which would either immediately or with the passage of any applicable grace period or giving of notice, or both, enable either Consenting Party or Borrower to terminate or suspend its obligations under either Assigned Agreement. The Assigned Agreement has not been amended, modified or supplemented in any manner. This Consent and the Assigned Agreement, and any other agreement specifically contemplated herein or therein, constitute and include all agreements entered into by Consenting Party and Borrower relating to, and required for the consummation of, the transaction contemplated by the Assigned Agreement.

Appears in 2 contracts

Samples: New Common Facilities Ownership Agreement, Common Facilities Ownership Agreement (Mge Energy Inc)

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No Default or Amendment. Neither Consenting Party nor, to Consenting Party’s knowledge, any other party to either the Assigned Agreement is in default of any of its obligations thereunder. To Consenting Party’s knowledge, no event or condition exists which would either immediately or with the passage of any applicable grace period or giving of notice, or both, enable either Consenting Party or Borrower to terminate or suspend its obligations under either the Assigned Agreement. The Assigned Agreement has not been amended, modified or supplemented in any manner. This Consent and the Assigned Agreement, and any other agreement specifically contemplated herein or therein, constitute and include all agreements entered into by Consenting Party and Borrower relating to, and required for the consummation of, the transaction transactions contemplated by the Assigned Agreement.

Appears in 2 contracts

Samples: Ownership Agreement (Mge Energy Inc), Ownership Agreement (Madison Gas & Electric Co)

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