Examples of UJV Parties in a sentence
Unless otherwise expressly stated to the contrary, any and all duties, functions, liabilities, obligations and responsibilities arising out of or in connection with the Contract for Difference which bind or apply to the Generator (and/or which are required to be fulfilled, performed or satisfied by the Generator) are assumed by the UJV Parties on a joint and several basis.
Notwithstanding paragraph 5 (but subject to paragraphs 7 and 8), where any duty, function, liability, obligation or responsibility of the Generator is or is purportedly fulfilled, performed or satisfied by one or more of the UJV Parties, the acts or omissions relating thereto shall be deemed to be those of all UJV Parties.
Any and all references to the knowledge or awareness of the Generator (and any cognate expressions) shall be deemed to refer to the knowledge or awareness of any of the UJV Parties.
Any notice, communication or information which is required pursuant to the Contract for Difference (and/or any CfD Document) to be given by the CfD Counterparty to the Generator shall be deemed to have been validly given if it is given to the UJV Representative and all UJV Parties shall be deemed to have received and be aware of it.
Unless otherwise expressly stated to the contrary, any and all references to a breach, default or failure by the Generator shall be deemed to refer to and/or include to a breach, default or failure by each, any and/or all of the UJV Parties (and terms and expressions which are analogous to "breach", "default" or "failure" shall be construed accordingly).
Where the UJV Representative exercises any such right, power or discretion, it shall be deemed to have been exercised by and on behalf of all of the UJV Parties.
The UJV Representative shall have full authority to bind the UJV Parties for the purposes of the Contract for Difference and all other CfD Documents.
The discharge or rendering of performance by the CfD Counterparty of any duty, function, obligation, liability or responsibility under the Contract for Difference or other CfD Documents to the UJV Representative shall constitute the discharge or rendering of performance to all UJV Parties.
All information, statements, approvals, consents, agreements, acceptances, receipts, commitments and waivers given or made (in whatever form) and all acts and omissions by or of the UJV Representative shall be deemed to have been authorised by and be given, made or done on behalf of and by all UJV Parties and shall bind all UJV Parties.
Any information given by a UJV Party on behalf of or purportedly on behalf of the Generator or another UJV Party shall be deemed to have been authorised to be given by all UJV Parties provided however that the CfD Counterparty shall, in the case of information given by a UJV Party who is not the UJV Representative, be entitled to disregard that information or require that it be provided or confirmed by the UJV Representative or relevant UJV Party.