Common use of Regulatory Modification of Agreement Clause in Contracts

Regulatory Modification of Agreement. If after approval of this agreement by the Commission, the Commission or another Governmental Authority having jurisdiction over Buyer restricts or denies Buyer’s ability to recover the costs of this agreement, then the Parties shall negotiate in good faith to amend this agreement or enter into a new agreement in order to preserve to the maximum extent practical the ability of Seller to receive Buyer’s proportionate share of the Project Costs.

Regulatory Modification of Agreement. 73 If after approval of this agreement by the Commission, the Commission or another Governmental Authority having jurisdiction over Buyer restricts or denies Buyer’s ability to recover the costs of this agreementagreement74, then the Parties shall negotiate in good faith to amend this agreement or enter into a new agreement in order to preserve to the maximum extent practical the ability of Seller to receive Buyer’s proportionate share of the Project Costs.proportionate

Regulatory Modification of Agreement. If after approval of this agreement by the Commission, the Commission or another Governmental Authority having jurisdiction over Buyer restricts or denies Buyer’s ability to recover the costs of this agreement, then the Parties shall may negotiate in good faith to amend this agreement or enter into a new agreement in order to preserve to the maximum extent practical the ability of Seller to receive Buyer’s proportionate share of the Project Costs, and any amendment or new agreement will be subject to Commission approval.