Common use of Transfer of Control or Sale of Generation Facilities Clause in Contracts

Transfer of Control or Sale of Generation Facilities. In any sale or transfer of control of any generation facilities subject to this Agreement, the Generator shall as a condition of such sale or transfer require the acquiring party or transferee with respect to the transferred facilities either to assume the obligations of the Generator with respect to this Agreement or to enter into an agreement with the Control Area Operator in substantially the form of this Agreement.

Appears in 35 contracts

Samples: Interconnection Agreement, Interconnection Agreement, Interconnection Agreement

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Transfer of Control or Sale of Generation Facilities. In any sale or 11 transfer of control of any generation facilities subject to this Agreement, the Generator shall as a condition of such sale or transfer require the acquiring 12 party or transferee with respect to the transferred facilities either to assume the obligations of the Generator with respect to this Agreement or 13 to enter into an agreement with the Control Area Operator in substantially the form of this Agreement.

Appears in 2 contracts

Samples: Reliability Management System Agreement, Reliability Management System Agreement

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