Condition Precedent to the Green Attributes Obligations Sample Clauses

The 'Condition Precedent to the Green Attributes Obligations' clause establishes that certain obligations related to green attributes—such as renewable energy credits or environmental benefits—will only become effective once specific conditions are met. Typically, these conditions might include regulatory approvals, successful project commissioning, or verification of environmental standards. By requiring these prerequisites, the clause ensures that parties are only bound to fulfill green attribute obligations when the necessary foundational requirements are satisfied, thereby reducing risk and clarifying when contractual duties commence.
Condition Precedent to the Green Attributes Obligations. Notwithstanding any other provision of this Confirmation to the contrary, all of the Parties’ obligations except for the Parties’ confidentiality obligations under Article 9 herein, are conditioned upon (a) Seller’s receipt, or the Parties’ written waiver, of CPUC Approval as defined below ; and (b) Seller’s receipt of the Performance Assurance from Buyer no later than five (5) Business Days following Seller’s Notice to Buyer of CPUC Approval (defined below) (collectively, “Green Attributes Condition Precedent”).
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Related to Condition Precedent to the Green Attributes Obligations

  • Conditions Precedent to the Obligation of the Company to Close and to Sell the Securities. The obligation hereunder of the Company to close and issue and sell the Securities to the Purchasers at the Closing is subject to the satisfaction or waiver, at or before the Closing of the conditions set forth below. These conditions are for the Company's sole benefit and may be waived by the Company at any time in its sole discretion.

  • Conditions Precedent to the Obligations of the Company to sell Shares at the Closing. The Company’s obligation to sell and issue the Shares to Purchaser at the Closing is subject to the fulfillment to the satisfaction of the Company on or prior to the Closing Date of the following conditions, any of which may be waived by the Company:

  • Conditions Precedent to the Obligation of the Company to Sell the Shares The obligation hereunder of the Company to issue and sell the Shares is subject to the satisfaction or waiver, at or before the Closing, of each of the conditions set forth below. These conditions are for the Company’s sole benefit and may be waived by the Company at any time in its sole discretion.

  • Conditions Precedent to the Obligations of the Purchaser Each and every obligation of the Purchaser under this Agreement to be performed at or before the Closing shall be subject to the satisfaction, at the Closing, of each of the following conditions:

  • CONDITIONS PRECEDENT TO THE COMPANY'S OBLIGATIONS The obligation of the Company to consummate the transactions contemplated hereby shall be subject to the fulfillment, on or prior to Closing Date, of the following conditions: