Substitute Owner. Subject to Section 1.7(c), any Substitute Owner pursuant to Section 1.4 shall be required to perform Project Company’s obligations under the Agreement, including posting and collateral assignment of the Agreement Collateral; provided, however, that the obligations of such Substitute Owner shall be no more than those of Project Company under the Agreement.
Appears in 3 contracts
Samples: Renewable Power Purchase Agreement, Renewable Power Purchase Agreement, Renewable Power Purchase Agreement
Substitute Owner. Subject to Section 1.7(c), any Substitute Owner pursuant to Section 1.4 shall be required to perform Project Company’s obligations under the Resource Adequacy Purchase Agreement, including posting and collateral assignment of the RA Agreement Collateral; provided, however, that the obligations of such Substitute Owner shall be no more than those of Project Company under the Resource Adequacy Purchase Agreement.
Appears in 2 contracts
Samples: Energy Storage Resource Adequacy Purchase and Sale Agreement (Energy Put Option), Energy Storage Resource Adequacy Purchase and Sale Agreement
