TIMELY APPROVAL Sample Clauses

TIMELY APPROVAL. If upon due notice from Provider, Owner shall fail to timely approve or disapprove of matters requiring Approval, Provider shall continue to operate the Plant in accordance with Section 2.2, resolving such matters requiring Approval in a manner consistent with Good Utility Practice until receipt of written instructions from Owner to the contrary; provided, however, in the absence of a timely response from Owner for Approval of any Annual Operating Plan as set forth in Article 4, or for any other matter which would materially and adversely affect any such Plan, Provider shall continue to operate, without additional liability to Provider, in accordance with the Annual Operating Plan previously Approved by Owner until receipt of written instructions from Owner to the contrary.
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TIMELY APPROVAL. No approval required hereby shall be unreasonably withheld or delayed.

Related to TIMELY APPROVAL

  • Regulatory Approvals All Requisite Regulatory Approvals shall have been obtained and shall remain in full force and effect and all statutory waiting periods in respect thereof shall have expired, and no such Requisite Regulatory Approval shall have resulted in the imposition of any Materially Burdensome Regulatory Condition.

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