California Parties definition
Examples of California Parties in a sentence
If any Party from California identified herein fails to execute this Companion Agreement, such failure to execute shall not preclude this Companion Agreement from entering into full force and effect on the express condition that the remaining California Parties shall have agreed to implement all terms and conditions of this Companion Agreement by execution of this Companion Agreement.
The releases set forth herein include a release of all claims by the California Parties against Reliant in the petition for review now pending before the Ninth Circuit in PG&E v.
The costs of creating and maintaining the Reliant Refund Escrow, the California Litigation Escrow, and any other escrow accounts created in connection with this Agreement shall be the responsibility of the California Parties.
Reliant and the California Parties will not dispute the outcome of Docket Nos.
The California Parties may continue to assert their respective positions on those issues, and may continue to assert any position on refunds and other relief as related to suppliers other than Reliant.
Reliant and the California Parties shall not contest the amount of refund liability and/or offsets (exclusive of interest) attributable to Reliant in FERC Docket Nos.
If the Texas Parties and California Parties cannot promptly agree upon a new Escrow Agent, a new Escrow Agent shall be appointed by the Presiding Judge of the Superior Court for the County of San Diego upon petition by PI.
The foregoing term “without recourse” shall not, however, limit or be construed as limiting in any way any rights the California Parties have with respect to the Reliant Parties pursuant to the express written provisions, representations and warranties of this Agreement.
Under no circumstances shall the Escrow Agent be liable to the California Parties for any act it may take in its capacity as Escrow Agent, or for the failure to take any action, or for any damage, loss or expenses suffered or incurred resulting therefrom or in acting hereunder, except only for acts of gross negligence or willful misconduct.
In no case shall the California Parties be responsible for costs, additional refunds, or offsets to refunds associated with Reliant’s Fuel Cost Allowance.