Common use of Other IFA Approvals‌ Clause in Contracts

Other IFA Approvals‌. 3.1.4.1 Whenever the PPA Documents indicate that a Submittal or other matter is subject to IFA’s approval or consent but the approval or consent is one not governed by Section 3.1.3 concerning discretionary approvals or the Submittal or other matter is subject to IFA’s reasonable discretion, then the standard shall be reasonableness. 3.1.4.2 If the reasonableness standard applies and IFA delivers no approval, consent, determination, decision or other action within the applicable time period under Section 3.1.2, then Developer may deliver to IFA a Notice stating the date within which IFA was to have decided or acted and that if IFA does not decide or act within five (5) Business Days after receipt of the Notice, delay from and after lapse of the applicable time period under Section 3.1.2 may constitute IFA-Caused Delay for which Developer may be entitled to issue a Relief Event Notice under Section 15.1.

Other IFA Approvals‌. 3.1.4.1 Whenever the PPA Documents indicate that a Submittal or other matter is subject to IFA’s approval or consent but the approval or consent is one not governed by Section 3.1.3 concerning discretionary approvals or the Submittal or other matter is subject to IFA’s reasonable discretion, then the standard shall be reasonableness. 3.1.4.2 If the reasonableness standard applies and IFA delivers no approval, consent, determination, decision or other action within the applicable time period under Section 3.1.2, then Developer may deliver to IFA a Notice stating the date within which IFA was to have decided or acted and that if IFA does not decide or act within five (5) Business Days after receipt of the Notice, delay from and after lapse of the applicable time period under Section 3.1.2 may constitute IFA-Caused Delay for which Developer may be entitled to issue a Relief Event Notice under Section 15.1.