Common use of Project Operational Permits Clause in Contracts

Project Operational Permits. Seller has in place all Project Operational Permits, and such Project Operational Permits are in form and substance acceptable to Buyer in its sole and absolute discretion, in full force and effect, final, and not subject to appeal or otherwise subject to challenge or modification (provided that any Project Operational Permits that were provided to, and approved in writing by, Buyer prior to the Effective Date will require the further approval of Buyer (in its sole and absolute discretion) as part of this condition only to the extent subsequently modified);