Conditions to Consummation of the Transactions Clause Samples

Conditions to Consummation of the Transactions. 37 Section 7.1 Conditions to the Obligations of Buyer and Seller 37 Section 7.2 Other Conditions to the Obligations of Buyer 38 Section 7.3 Other Conditions to the Obligations of Seller 39 Section 7.4 Frustration of Closing Conditions 39 ARTICLE VIII TERMINATION; AMENDMENT; WAIVER 39 Section 8.1 Termination 39 Section 8.2 40 Section 8.3 Effect of Termination 41 ARTICLE IX INDEMNIFICATION. 42 Section 9.1 Survival 42 Section 9.2 Indemnification by Seller 42 Section 9.3 Third Party Claim Indemnification Procedures 43 Section 9.4 Limitations 44 Section 9.5 Adjustment to Losses 44 Section 9.6 Characterization of Indemnification Payments 45 Section 9.7 Mitigation 45 Section 9.8 Exclusive Remedy 45 ARTICLE X MISCELLANEOUS 46 Section 10.1 Entire Agreement 46 Section 10.2 Assignment 46 Section 10.3 Notices 46 Section 10.4 Fees and Expenses 47 Section 10.5 Construction; Interpretation 47 Section 10.6 Exhibits and Schedules 47 Section 10.7 No Third Party Beneficiaries 48 Section 10.8 Severability 48 Section 10.9 Counterparts; Signatures 48 Section 10.10 Knowledge 48 Section 10.11 Mutual Release. 48 Section 10.12 Legal Representation 49 Section 10.13 Governing Law 50 Section 10.14 Jurisdiction and Venue 50 Section 10.15 WAIVER OF JURY TRIAL 50 Section 10.16 Remedies 51 Section 10.17 Confidentiality 51 Section 10.18 Amendment 52 Section 10.19 Extension; Waiver 52 Section 10.20 No Buyer Shareholder Liability 52 Section 10.21 Seller Guarantee 53 A Form of Joinder This PURCHASE AND SALE AGREEMENT (this “Agreement”), dated as of June 1, 2017, is made by and among Macquarie Utilities Holdings, GP, a Delaware general partnership (“Seller”), Eversource Energy, a Massachusetts voluntary association (“Buyer”), and, solely for the purpose of Section 10.21, Macquarie Infrastructure Partners International, L.P., a Delaware limited partnership, Macquarie Infrastructure Partners A, L.P., a Delaware limited partnership, and Macquarie Infrastructure Partners Canada L.P., a limited partnership formed in Ontario, Canada (each a “Seller Guarantor” and collectively the “Seller Guarantors”). Seller and Buyer shall be referred to herein from time to time collectively as the “Parties”. Capitalized terms used but not otherwise defined herein have the meanings set forth in Section 1.1.