No Shutdown. The Facility shall not have been shut down and its licensed thermal output shall not have been significantly reduced as a result of actions taken by the NRC or other Governmental Authority. The Buyer may waive any condition specified in this Section 6.1 if it executes a writing so stating on or prior to the relevant Closing Date and, except as provided in the following sentence, such waiver shall not be considered a waiver of any other provision in this Agreement unless the writing so states. If the Buyer waives any such condition with respect to the Initial Closing Date, then such waiver shall be effective with respect to each Subsequent Closing Date.
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Samples: Purchase and Sale Agreement (Connecticut Light & Power Co), Purchase and Sale Agreement (New England Power Co), Purchase and Sale Agreement (Baycorp Holdings LTD)
No Shutdown. The Facility shall not have been shut down and its ----------- licensed thermal output shall not have been significantly reduced as a result of actions taken by the NRC or other Governmental Authority. The Buyer may waive any condition specified in this Section 6.1 if it executes a writing so stating on or prior to the relevant Closing Date and, except as provided in the following sentence, such waiver shall not be considered a waiver of any other provision in this Agreement unless the writing so states. If the Buyer waives any such condition with respect to the Initial Closing Date, then such waiver shall be effective with respect to each Subsequent Closing Date.
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