Common use of Filing for CPUC Approval Clause in Contracts

Filing for CPUC Approval. Within [____] days after the Confirmation Effective Date, Seller shall file with the CPUC a request for CPUC Approval, including a request for a determination that the Confirmation is a Category 1 Transaction. Buyer shall use commercially reasonable efforts to support Seller in obtaining CPUC Approval. Seller has no obligation to seek rehearing or to appeal a CPUC decision which fails to approve this Confirmation or which contains findings required for CPUC Approval with conditions or modifications unacceptable to either Party. Notwithstanding anything to the contrary in the Confirmation, Seller shall not have any obligation or liability to Buyer or any third party for any action or inaction of the CPUC or other Governmental Authority affecting the status of this Confirmation as a Category 1 Transaction.

Appears in 1 contract

Sources: Power Purchase and Sale Agreement

Filing for CPUC Approval. Within [____] days after the Confirmation Effective Date, Seller shall file with the CPUC a request for CPUC Approval, including a request for a determination that the Confirmation is a Category 1 Transaction. Buyer shall use commercially reasonable efforts to support Seller in obtaining CPUC Approval. Seller has no obligation to seek rehearing or to appeal a CPUC decision which fails to approve this Confirmation or which contains findings required for CPUC Approval with conditions or modifications unacceptable to either Party. Notwithstanding anything to the contrary in the Confirmation, Seller shall not have any obligation or liability to Buyer or any third party for any action or inaction of the CPUC or other Governmental Authority affecting the status of this Confirmation as a Category 1 Transaction.

Appears in 1 contract

Sources: Power Purchase Agreement