Receipt of PSC Approval; Conditional Approval Sample Clauses

Receipt of PSC Approval; Conditional Approval. The obligations of the Parties to perform this Agreement, other than the Parties’ obligations under Articles VI, VII, VIII, IX, X, XIX, XX and XXI, are contingent upon and shall not become effective or binding until the receipt of PSC Approval. NYSERDA shall file for PSC Approval and will use commercially reasonable efforts to make that filing within forty-five (45) days after the Effective Date. This Agreement may be terminated by either NYSERDA or Seller in the event that PSC Approval is not received within one hundred fifty (150) days after filing, without liability as a result of such termination, subject to the return of Contract Security as provided in Article XV of this Agreement. In the event that the PSC issues an order imposing conditions on PSC Approval and such conditions would cause this Agreement or any material term hereof unless amended to be in violation of Applicable Law, Seller shall notify NYSERDA within thirty (30) days of such order whether it elects to proceed with the Agreement or terminate the Agreement. If Seller elects to proceed with the Agreement, Seller and NYSERDA agree to modify this Agreement promptly so as to implement any such approval condition imposed by the PSC such that the Agreement will comply with Applicable Law. Article III
Sample 1
AutoNDA by SimpleDocs
Receipt of PSC Approval; Conditional Approval. (a) The obligations of the Parties to perform this Agreement, other than the Parties’ obligations under Articles VI, VII, VIII, IX, X, XV, XIX, XX and XXI, are contingent upon and shall not become effective or binding until the receipt of PSC Approval. NYSERDA shall file for PSC Approval and will use commercially reasonable efforts to make that filing within forty-five (45) days after the Effective Date. In the event that (i) the filing is not made within forty-five (45) days of the Effective Date, or (ii) PSC Approval is not received within one hundred fifty (150) days after filing, the Commercial Operation Milestone Date shall be extended by an equal number of days as the period of the delay; provided that if NYSERDA’s filing is delayed but PSC Approval occurs within one hundred ninety-five (195) days of the Effective Date, the Commercial Operation Milestone Date shall not be so extended.
Sample 1
Receipt of PSC Approval; Conditional Approval. (a) The obligations of the Parties to perform this Agreement, other than the Parties’ obligations under Articles VI, VII, VIII, IX, X, XIX, XX and XXI, are contingent upon and shall not become effective or binding until the receipt of PSC Approval. NYSERDA shall file for PSC Approval and will use commercially reasonable efforts to make that filing within forty-five (45) days after the Effective Date. This Agreement may be terminated by either NYSERDA or Seller in the event that PSC Approval is not received within one hundred fifty (150) days after filing, without liability as a result of such termination, subject to the return of Contract Security as provided in Article XV of this Agreement.
Sample 1
Receipt of PSC Approval; Conditional Approval. (a) The obligations of the Parties to perform this Agreement, other than the Parties’ obligations under this Section 2.06 and Section 14.01(g) and Articles VI, VII, VIII, IX, X, XV, XIX, XX and XXI, are contingent upon and shall not become effective or binding until the receipt of PSC Approval (the date of such receipt, the “PSC Approval Date”). NYSERDA shall file for PSC Approval within forty-five (45) days after the Effective Date. In the event that
Sample 1

Related to Receipt of PSC Approval; Conditional Approval

  • FAA APPROVAL This Agreement may be subject to approval of the FAA. If the FAA disapproves this Agreement, it will become null and void, and both Parties will bear their own expenses relative to this Agreement, up to the date of disapproval.

  • Approval/Non-Approval We will notify you whether your Application has been approved or denied within 14 days after the date we receive a completed Application. Notification may be in person or by mail or telephone unless you have requested that notification be by mail. You must not assume approval until you receive actual notice of approval. The 14-day time period may be changed only by separate written agreement.

  • Final Approval After Acceptance, Engineer shall perform any required modifications, changes, alterations, corrections, redesigns, and additional work necessary to receive Final Approval by the County. "Final Approval" in this sense shall mean formal recognition that the Engineering Services have been fully carried out.

  • FERC Approval Notwithstanding any other provision of this Appendix 2, no termination hereunder shall become effective until the Interconnected Entities and/or Transmission Provider have complied with all Applicable Laws and Regulations applicable to such termination, including the filing with the FERC of a notice of termination of the Interconnection Service Agreement, and acceptance of such notice for filing by the FERC.

  • Project Approval The County may issue a Job Order Authorization for the Work, to include the firm-fixed-price of the Job Order and the project duration. Contractor agrees that all clauses of this Contract are applicable to any Job Order issued hereunder. The County reserves the right to reject a Contractor’s Quote based on unjustifiable quantities and/or methods, performance periods, inadequate documentation, or other inconsistencies or deficiencies on the Contractor’s part in the sole opinion of the County. The County reserves the right to issue a unilateral Job Order authorization for the Work if a Quote price cannot be mutually agreed upon. This is based upon unjustifiable quantities in the sole opinion of the County. The County also reserves the right to not issue a Job Order Authorization if the County’s requirement is no longer valid or the project is not funded. In these instances, the Contractor has no right of claim to recover Quote expenses. The County may pursue continuing valid requirements by other means where Contract was not reached with the Contractor.

  • ROAD WORK PHASE APPROVAL Purchaser shall obtain written approval from the Contract Administrator upon completion of each of the following phases of road work:  Drainage installation  Subgrade compaction  Rock compaction SUBSECTION RESTRICTIONS

  • Final Approval Order 62. The Parties shall jointly seek entry of a Final Approval Order, the text of which the Parties shall agree upon. The dismissal orders, motions or stipulation to implement this Section shall, among other things, seek or provide for a dismissal with prejudice and waiving any rights of appeal.

  • AGREEMENT APPROVAL This agreement constitutes the entire agreement between the parties and supersedes any previously executed agreements, representations, verbal or written, to buy and/or sell the property. Neither this agreement, nor any interest herein, shall be transferred or assigned by Buyer without the prior written consent of Seller.

  • New Project Approval Consultant and District recognize that Consultant’s Services may include working on various projects for District. Consultant shall obtain the approval of District prior to the commencement of a new project.

  • Application Approval Our representative will notify you (or one of you, if there are co-applicants) of the Application approval, execute the Lease agreements for signature prior to occupancy, and, once complete, credit the application deposit of all applicants toward the required security deposit.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!