Common use of Non-satisfaction of Conditions Precedent Clause in Contracts

Non-satisfaction of Conditions Precedent. If the Effective Date is not achieved by the CP Longstop Date or such later date as the parties to the Implementation Agreement may agree under the conditions set out in the Implementation Agreement1, then either Party shall be entitled to terminate this Agreement on seven (7) Business Days' notice to the other Party, provided that such Conditions Precedent remains unsatisfied and not waived as at the Termination Date. Upon termination of this Agreement under Clause 2.2(a), the Parties shall have no further obligations or liabilities under this Agreement except in relation to antecedent breaches of this Agreement (if any).

Appears in 2 contracts

Samples: Implementation Agreement, Implementation Agreement

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Non-satisfaction of Conditions Precedent. If the Effective Date is not achieved by the CP Longstop Date or such later date as the parties to the Implementation Agreement may agree under the conditions set out in the Implementation Agreement1, then either Party shall be entitled to terminate this Agreement on seven (7) Business Days' notice to the other Party, provided that such Conditions Precedent remains remain unsatisfied and not waived as at the Termination Date. Upon termination of this Agreement under Clause 2.2(a), the Parties shall have no further obligations or liabilities under this Agreement except in relation to antecedent breaches of this Agreement (if any).

Appears in 2 contracts

Samples: Power Purchase Agreement, Power Purchase Agreement

Non-satisfaction of Conditions Precedent. If the Effective Date is not achieved by the CP Longstop Date or such later date as the parties to the Implementation Agreement may agree under the conditions set out in the Implementation Agreement1Date, then either Party shall be entitled to terminate this Agreement on seven (7) Business Days' notice to the other Party, provided that such Conditions Precedent remains unsatisfied and not waived as at the Termination Datedate of termination. Upon termination of this Agreement under Clause 2.2(a), the Parties shall have no further obligations or liabilities under this Agreement except in relation to antecedent breaches of this Agreement (if any)Agreement.

Appears in 1 contract

Samples: Supply Agreement

Non-satisfaction of Conditions Precedent. If the Effective Date is not achieved by the CP Longstop Date or such later date as the parties to the Implementation Agreement may agree under the conditions set out in the Implementation Agreement1Date, then either Party shall be entitled to terminate this Agreement on seven (7) Business Days' notice to the other Party, provided that such Conditions Precedent remains unsatisfied and not waived as at the Termination Datedate of termination. Upon termination of this Agreement under Clause 2.2(a) (Non-satisfaction of Conditions Precedent), the Parties shall have no further obligations or liabilities under this Agreement except in relation to antecedent breaches of this Agreement (if any)Agreement.

Appears in 1 contract

Samples: Installation Agreement

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Non-satisfaction of Conditions Precedent. If the Effective Date is not achieved by the CP Longstop Date or such later date as the parties to the Implementation Agreement may agree under the conditions set out in the Implementation Agreement1, then either Party shall be entitled to terminate this Agreement on seven (7) Business Days' notice to the other Party, provided that such Conditions Precedent remains unsatisfied and not waived as at the Termination Datedate of termination. Upon termination of this Agreement under Clause 2.2(a), the Parties shall have no further obligations or liabilities under this Agreement except in relation to antecedent breaches of this Agreement (if any)Agreement.

Appears in 1 contract

Samples: Installation Agreement

Non-satisfaction of Conditions Precedent. If the Effective Date is not achieved by the CP Longstop Date or such later date as the parties to the Implementation Agreement may agree under the conditions set out in pursuant to the Implementation Agreement1Agreement18, then either Party shall be entitled to terminate this Agreement on seven (7) Business Days' notice to the other Party, provided that such Conditions Precedent remains unsatisfied and not waived as at the Termination Datedate of termination. Upon termination of this Agreement under Clause 2.2(a), the Parties shall have no further obligations or liabilities under this Agreement except in relation to antecedent breaches of this Agreement (if any)Agreement.

Appears in 1 contract

Samples: Supply Agreement

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