Common use of PGE’s Conditions Precedent Clause in Contracts

PGE’s Conditions Precedent. PGE’s obligations under this Agreement are subject to the following conditions precedent, each of which may be waived by PGE in its sole discretion: (a) [Project Specific Conditions: TBD]; and (b) All authorizations, approvals and consents of all Persons, including PGE’s Board of Directors, that are required in connection with the execution, delivery, and performance of this Agreement have been received by PGE; and (c) Approval of the final shortlist and all other required regulatory approvals have been made and obtained. If these conditions precedent have not been satisfied or waived by PGE on or before [ , 20 ], either Party shall have the right to terminate this Agreement by giving five (5) Business Days’ prior notice of termination to the other Party. Neither Party shall have any liability for such a termination.

Appears in 6 contracts

Samples: Wholesale Renewable Power and Storage Capacity Purchase Agreement, Wholesale Renewable Power and Storage Capacity Purchase Agreement, Wholesale Renewable Power Purchase Agreement

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PGE’s Conditions Precedent. PGE’s obligations under this Agreement are subject to the following conditions precedent, each of which may be waived by PGE in its sole discretion: (a) [Project Specific Conditions: TBD]; and (b) All authorizations, approvals and consents of all Persons, including PGE’s Board of Directors, that are required in connection with the execution, delivery, and performance of this Agreement have been received by PGE; and (c) Approval of the final shortlist and all other All required regulatory approvals have been made and obtained. If these conditions precedent have not been satisfied or waived by PGE on or before [ , 20 ], either Party shall have the right to terminate this Agreement by giving five (5) Business Days’ prior notice of termination to the other Party. Neither Party shall have any liability for such a termination.

Appears in 2 contracts

Samples: Wholesale Renewable Power Purchase Agreement, Wholesale Renewable Power Purchase Agreement

PGE’s Conditions Precedent. PGE’s obligations under this Agreement are subject to the following conditions precedent, each of which may be waived by PGE in its sole discretion: (a) [Project Specific Conditions: TBD]; and (b) All authorizations, approvals and consents of all Persons, including PGE’s Board of Directors, that are required in connection with the execution, delivery, and performance of this Agreement have been received by PGE; and (c) Approval of the final shortlist and all other All required regulatory approvals have been made and obtained. If these conditions precedent have not been satisfied or waived by PGE on or before [ , 20 ], either Party shall have the right to terminate this Agreement by giving five (5) Business Days’ prior notice of termination to the other Party. Neither Party shall have any liability for such a termination.

Appears in 1 contract

Samples: Wholesale Renewable Power Purchase Agreement

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PGE’s Conditions Precedent. PGE’s obligations under this Agreement are subject to the following conditions precedent, each of which may be waived by PGE in its sole discretion: (a) [Project Specific Conditions: TBD]; and (b) All authorizations, approvals and consents of all Persons, including PGE’s Board of Directors, that are required in connection with the execution, delivery, and performance of this Agreement have been received by PGE; and (c) Approval Acknowledgement of the final shortlist and all other required regulatory approvals have been made and obtained. If these conditions precedent have not been satisfied or waived by PGE on or before [ , 20 ], either Party shall have the right to terminate this Agreement by giving five (5) Business Days’ prior notice of termination to the other Party. Neither Party shall have any liability for such a termination.

Appears in 1 contract

Samples: Wholesale Renewable Power Purchase Agreement

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