Common use of Notification of Change in Law Clause in Contracts

Notification of Change in Law. 9.3.1. If the Seller is affected by a Change in Law in accordance with ARTICLE 9.1 and wishes to claim change in Law under this Article, it shall give notice to MSEDCL of such Change in Law within 7 days after becoming aware of the same or should reasonably have known of the Change in Law. 9.3.2. Notwithstanding ARTICLE 9.3.1, the Hybrid Power Developer shall be obliged to serve a notice to MSEDCL if it is beneficially affected by a Change in Law. Without prejudice to the factor of materiality or other provisions contained in this Agreement, the obligation to inform the Procurer contained herein shall be material. Provided that in case MSEDCL has not provided such notice, the Hybrid Power Developer shall have the right to issue such notice to MSEDCL. 9.3.3. Any notice served pursuant to this Article 9.3.2 shall provide, amongst other thing, precise details of: a. The Change in Law: and b. The effect on MSEDCL of the matters referred to in Article 9.2

Appears in 3 contracts

Samples: Power Purchase Agreement, Power Purchase Agreement, Power Purchase Agreement

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Notification of Change in Law. 9.3.1. 9.3.1 If the Seller is affected by a Change in Law in accordance with ARTICLE 9.1 and wishes to claim change in Law under this Article, it shall give notice to MSEDCL of such Change in Law within 7 days after becoming aware of the same or should reasonably have known of the Change in Law. 9.3.2. 9.3.2 Notwithstanding ARTICLE 9.3.1, the Hybrid Floating Solar Power Developer shall be obliged to serve a notice to MSEDCL if it is beneficially affected by a Change in Law. Without prejudice to the factor of materiality or other provisions contained in this Agreement, the obligation to inform the Procurer contained herein shall be material. Provided that in case MSEDCL has not provided such notice, the Hybrid Floating Solar Power Developer shall have the right to issue such notice to MSEDCL. 9.3.3. 9.3.3 Any notice served pursuant to this Article 9.3.2 shall provide, amongst other thing, precise details of: a. (a) The Change in Law: and b. (b) The effect on MSEDCL of the matters referred to in Article 9.2

Appears in 1 contract

Samples: Power Purchase Agreement

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Notification of Change in Law. 9.3.1. 9.3.1 If the Seller is affected by a Change in Law in accordance with ARTICLE Article 9.1 and wishes to claim change in Law under this Article, it shall give notice to MSEDCL of such Change in Law within 7 days after becoming aware of the same or should reasonably have known of the Change in Law. 9.3.2. 9.3.2 Notwithstanding ARTICLE Article 9.3.1, the Hybrid Renewable Energy Power Developer shall be obliged to serve a notice to MSEDCL if it is beneficially affected by a Change in Law. Without prejudice to the factor of materiality or other provisions contained in this Agreement, the obligation to inform the Procurer contained herein shall be material. Provided that in case MSEDCL has not provided such notice, the Hybrid Renewable Energy Power Developer shall have the right to issue such notice to MSEDCL. 9.3.3. 9.3.3 Any notice served pursuant to this Article 9.3.2 shall provide, amongst other thing, precise details of: a. a) The Change in Law: and b. b) The effect on MSEDCL of the matters referred to in Article 9.2

Appears in 1 contract

Samples: Power Purchase Agreement

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