Common use of Non-Satisfaction/Waiver Clause in Contracts

Non-Satisfaction/Waiver. 5.4.1 Either of the Purchasers (in respect of the conditions set out in Clause 5.1.4 to 5.1.8 inclusive) or EFPL (in respect of the conditions set out in Clause 5.2) may at any time waive, in whole or in part and conditionally or unconditionally, the relevant conditions by notice in writing to EFPL (in respect of either of the Purchasers) or to either of the Purchasers (in respect of EFPL).

Appears in 2 contracts

Sources: Sale and Purchase Agreement (Edison Mission Energy), Sale and Purchase Agreement (Edison Mission Energy)