Common use of Purchase of Receivables and Consolidated Billing Clause in Contracts

Purchase of Receivables and Consolidated Billing. If the BPU adopts changes to guidelines or rules pertaining to purchase of Third-Party Supplier receivables by the LDC that are materially adverse to Supplier, or if the LDC no longer provides consolidated billing for Third Party Supplier customers. Adverse Government Action. A regulatory, legislative or judicial body (A) requires a material change to the terms of this Agreement that materially or adversely affects a Party or (B) takes action that adversely and materially impacts a Party’s ability to perform, or requires a delay in the performance of this Agreement that either Party determines to be unreasonable or (C) takes action that materially impacts the cost of providing Electric Generation Service under this Agreement and similarly impacts the cost of Basic Generation Service under the LDC’s BGS tariff, and such cost impact was not known at the time that a contract award is made to Supplier or (D) orders a change or modification that affects the Program such that either Party’s obligations hereunder are materially changed and the change or modification is not deemed a “Force Majeure Event" under Article 8 herein.