Common use of Satisfaction of conditions subsequent by the SPD Clause in Contracts

Satisfaction of conditions subsequent by the SPD. The SPD agrees and undertakes to duly perform and complete all of the following activities including Financial Closure at the SPD’s own cost and risk by [Enter the date as on 12 Months after the Effective Date], unless such completion is affected by any Force Majeure event, or for the activities specifically waived in writing by SECI: a) The SPD shall make Project financing arrangements its Projects(s) and shall provide necessary certificates to SECI in this regard; The SPD shall submit to SECI the relevant documents as stated above, complying with the Conditions Subsequent, within twelve (12) months from the Effective Date.

Appears in 4 contracts

Samples: Power Purchase Agreement, Power Purchase Agreement, Power Purchase Agreement

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Satisfaction of conditions subsequent by the SPD. The SPD agrees and undertakes to duly perform and complete all of the following activities including Financial Closure at the SPD’s own cost and risk by [Enter the date as on within 12 Months after from the Effective Date], unless such completion is affected by any Force Majeure event, or for the activities specifically waived in writing by SECI: a) The SPD shall make Project financing arrangements Financing Arrangements for its Projects(s) and shall provide necessary certificates documents to SECI in this regard; The SPD shall submit to SECI the relevant documents as stated above, complying with the Conditions Subsequent, within twelve (12) 12 months period from the Effective Date.

Appears in 2 contracts

Samples: Power Purchase Agreement, Power Purchase Agreement

Satisfaction of conditions subsequent by the SPD. The SPD agrees and undertakes to duly perform and complete all of the following activities including Financial Closure at the SPD’s own cost and risk by [Enter the date as on risk, within 12 Months after from the Effective Date], unless such completion is affected by any Force Majeure event, or for the activities specifically waived in writing by SECIbyREMC Ltd.: a) a. The SPD shall make Project financing arrangements for its Projects(s) and shall provide necessary certificates to SECI REMC Ltd. in this regard; . The SPD shall submit to SECI REMC Ltd. the relevant documents as stated above, complying with the Conditions Subsequent, within twelve (12) months from the Effective Effective-Date.

Appears in 2 contracts

Samples: Power Purchase Agreement, Power Purchase Agreement

Satisfaction of conditions subsequent by the SPD. The SPD agrees and undertakes to duly perform and complete all of the following activities including Financial Closure at the SPD’s own risk and cost and risk by [Enter the date as on 12 Months after within twelve (12) months from the Effective Date], i.e. by [insert the date which is 12 months from the Effective Date] unless such completion is affected by any Force Majeure event, or for if any of the activities is specifically waived in writing by SECI: a) The SPD shall make Project financing arrangements its Projects(s) and shall provide necessary certificates to SECI in this regard; The SPD shall submit to SECI the relevant documents as stated above, complying with the Conditions Subsequent, within twelve (12) months from the Effective Date.;

Appears in 2 contracts

Samples: Power Purchase Agreement, Power Purchase Agreement

Satisfaction of conditions subsequent by the SPD. The SPD agrees and undertakes to duly perform and complete all of the following activities including Financial Closure at the SPD’s own cost and risk by [Enter the date as on within 12 Months after from the Effective Date], unless such completion is affected by any Force Majeure event, or for the activities specifically waived in writing by SECI: a) The SPD shall make Project financing arrangements its Projects(s) and shall provide necessary certificates to SECI in this regard; The SPD shall submit to SECI the relevant documents as stated above, complying with the Conditions Subsequent, within twelve seven (127) months from the Effective Date.

Appears in 2 contracts

Samples: Power Purchase Agreement, Power Purchase Agreement

Satisfaction of conditions subsequent by the SPD. The SPD agrees and undertakes to duly perform and complete all of the following activities including Financial Closure at the SPD’s own cost and risk by [Enter the date as on within 12 Months after from the Effective Date], unless such completion is affected by any Force Majeure event, or for the activities specifically waived in writing by SECI: a) The SPD shall make Project financing arrangements for its Projects(s) and shall provide necessary certificates to SECI in this regard; The SPD shall submit to SECI the relevant documents as stated above, complying with the Conditions Subsequent, within twelve (12) months from the Effective Date.

Appears in 1 contract

Samples: Power Purchase Agreement

Satisfaction of conditions subsequent by the SPD. The SPD agrees and undertakes to duly perform and complete all of the following activities including Financial Closure at the SPD’s own cost and risk by [Enter the date as on 12 Months after the Effective Date], unless such completion is affected by any Force Majeure event, or for the activities specifically waived off in writing by SECI: a) NTPC: The SPD shall make Financial Closure/Project financing arrangements for its Projects(s) and shall provide necessary certificates to SECI NTPC in this regard; The SPD shall submit to SECI NTPC the relevant documents as stated above, complying with the Conditions Subsequentconditions subsequent, within twelve (12) months from the Effective Date.

Appears in 1 contract

Samples: Power Purchase Agreement

Satisfaction of conditions subsequent by the SPD. The SPD agrees and undertakes to duly perform and complete all of the following activities including Financial Closure at the SPD’s own cost and risk by [Enter by…………………[Enter the date as on 12 9 Months after the Effective Date], unless such completion is affected by any Force Majeure event, or for the activities specifically waived in writing by SECI: a) The SPD shall make Project financing arrangements its Projects(s) and shall provide necessary certificates to SECI in this regard; The SPD shall submit to SECI the relevant documents as stated above, complying with the Conditions Subsequent, within twelve (12) months from the Effective Date.

Appears in 1 contract

Samples: Power Purchase Agreement

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Satisfaction of conditions subsequent by the SPD. The SPD agrees and undertakes to duly perform and complete all of the following activities including Financial Closure at the SPD’s own cost and risk by [Enter the date as on within 12 Months after from the Effective Date], unless such completion is affected by any Force Majeure event, or for the activities specifically waived in writing by SECI: a) The SPD shall make Project financing arrangements its Projects(s) and shall provide necessary certificates to SECI in this regard; The SPD shall submit to SECI the relevant documents as stated above, complying with the Conditions Subsequent, within twelve (12) months from the Effective Date.

Appears in 1 contract

Samples: Power Purchase Agreement

Satisfaction of conditions subsequent by the SPD. The SPD agrees and undertakes to duly perform and complete all of the following activities including Financial Closure at the SPD’s own cost and risk by [Enter the date as on within 12 Months after from the Effective Date], unless such completion is affected by any Force Majeure event, or for the activities specifically waived in writing by SECI: a) The SPD shall make Project financing arrangements for its Projects(s) and shall provide necessary certificates to SECI & BBMB in this regard; ; b) The SPD shall submit to SECI & BBMB the relevant documents as stated above, complying with the Conditions Subsequent, within twelve (12) months from the Effective Date.

Appears in 1 contract

Samples: Power Purchase Agreement

Satisfaction of conditions subsequent by the SPD. The SPD agrees and undertakes to duly perform and complete all of the following activities including Financial Closure at the SPD’s own cost and risk by by… [Enter the date as on 12 Months after the Effective Date], unless such completion is affected by any Force Majeure event, or for the activities specifically waived in writing by SECI: a) The SPD shall make Project financing arrangements its Projects(s) and shall provide necessary certificates to SECI in this regard; The SPD shall submit to SECI the relevant documents as stated above, complying with the Conditions Subsequent, within twelve (12) months from the Effective Date.

Appears in 1 contract

Samples: Power Purchase Agreement

Satisfaction of conditions subsequent by the SPD. The SPD agrees and undertakes to duly perform and complete all of the following activities including Financial Closure at the SPD’s own cost and risk by [Enter the date as on within 12 Months after from the Effective Date], unless such completion is affected by any Force Majeure event, or for the activities specifically waived in writing by SECI: a) The SPD shall make Project financing arrangements Financing Arrangements for its Projects(s) and shall provide necessary certificates documents to SECI in this regard; ; b) The SPD shall submit to SECI the relevant documents as stated above, complying with the Conditions Subsequent, within twelve (12) 12 months period from the Effective Date.

Appears in 1 contract

Samples: Power Purchase Agreement

Satisfaction of conditions subsequent by the SPD. The SPD agrees and undertakes to duly perform and complete all of the following activities including Financial Closure at the SPD’s own risk and cost and risk by [Enter the date as on 12 Months after 15 months or 27 months, as the Effective Date], case may be from issuance of Letter of Award (LoA) to the SPD] unless such completion is affected by any Force Majeure event, or for if any of the activities is specifically waived in writing by SECI: a) The SPD shall make Project financing arrangements its Projects(s) and shall provide necessary certificates to SECI in this regard; The SPD shall submit to SECI the relevant documents as stated above, complying with the Conditions Subsequent, within twelve (12) months from the Effective Date.;

Appears in 1 contract

Samples: Power Purchase Agreement

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