Notice from Calpine Sample Clauses

Notice from Calpine. Anything herein to the contrary notwithstanding, Calpine and the Calpine Transaction Parties shall promptly, upon obtaining knowledge thereof, submit notice to Bear Xxxxxxx and CalBear of: (i) any Actions pending or, to the knowledge of Calpine or the Calpine Transaction Parties, threatened in writing or filed by any Person, concerning the CalBear Business, the CalBear Trades, this Agreement, the other Transaction Documents or the transactions contemplated hereby or thereby; (ii) any refusal or, to the knowledge of Calpine or the Calpine Transaction Parties, refusal threatened in writing to grant, renew or extend, or any Action pending or threatened in writing that would reasonably be expected to affect, the granting, renewal or extension of any material Regulatory Approval, including CES’, CMSC’s or CalBear’s FERC-granted market-based rate authorization; (iii) any material dispute with any Governmental Authority relating to the CalBear Trades, the Transaction Documents, the CalBear Business or Calpine’s and the Calpine Trading Parties’ ability to perform their obligations under the Transaction Documents; (iv) any Bankruptcy Event with respect to Calpine, any of the Calpine Transaction Parties or any Significant Subsidiary of Calpine; (v) any Material Adverse Change with respect to Calpine or any of the Calpine Transaction Parties; (vi) all material penalties or notices of violation issued or threatened by any Governmental Authority or other Person relating to the CalBear Trades or the Services; (vii) the violation by Calpine or any Calpine Transaction Party in any material respect of any Applicable Law relating to the Services, the CalBear Trades, the Transaction Documents or the CalBear Business; (viii) the failure by Calpine or any Calpine Transaction Party to perform any covenant or agreement of Calpine or such Calpine Transaction Party, respectively, set forth in this Agreement or any other Transaction Document, which failure constitutes a material breach of this Agreement or such other Transaction Document; provided that any breach of this clause (viii) shall be deemed to be cured upon cure of the underlying failure to perform; or (ix) any other event or circumstance that would be reasonably likely to materially adversely affect Calpine’s or any Calpine Transaction Party’s ability to engage in Trades, perform Services or otherwise perform its obligations under the Transaction Documents.
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Related to Notice from Calpine

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  • Notice to Purchaser DO NOT SIGN THIS CONTRACT UNTIL YOU READ IT OR IF IT CONTAINS BLANK SPACES.

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