PERFORMANCE BY GRANTEE Clause Samples

PERFORMANCE BY GRANTEE. The grantee shall undertake the project as described in this agreement, Commission order, the grantee’s application, and in accordance with the grantee’s proposed goals and objectives described in the application or documents submitted with the application, all as finally approved by the WUTC. All submitted documents are incorporated by this reference as if fully set forth herein. The Order of Precedence is covered in Section 17. Timely completion of the project is important. Failure to do so, as set out in this agreement, is a material breach of the agreement.
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PERFORMANCE BY GRANTEE. If Grantor shall Default in the payment, performance or observance of any term, covenant or condition of this Security Deed, Grantee may, so long as such Default continues, at its option, pay, perform or observe the same, and all payments made or reasonable costs or expenses incurred by Grantee in connection therewith, shall be secured hereby and shall be, upon demand, immediately repaid by Grantor to Grantee with interest thereon at the default rate of interest set forth in Section 4.9 of the Credit Agreement (the "Default Rate"). Grantee shall be the sole judge of the necessity for any such actions and of the reasonable amounts to be paid. Grantee is hereby empowered to enter and to authorize others to enter upon the Land or any part thereof for the purpose of performing or observing any such defaulted term, covenant or condition without thereby becoming liable to Grantor or any person in possession holding under Grantor.
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Related to PERFORMANCE BY GRANTEE

  • Performance by Buyer Buyer shall have performed and complied with all covenants and agreements and satisfied all conditions required by this Agreement to be performed by Buyer on or before the Closing Date.

  • Performance by Seller Seller shall have performed, satisfied and complied with all covenants, agreements and conditions required by this Agreement to be performed or complied with by each of them, on or before the Closing Date.

  • Performance by Purchaser Purchaser shall have performed, satisfied and complied in all material respects with all covenants, agreements and conditions required by this Agreement to be performed, satisfied or complied with by Purchaser at or prior to the Closing Date.

  • PERFORMANCE BY INVESTOR Investor shall have performed, satisfied and complied in all respects with all covenants, agreements and conditions required by this Agreement to be performed, satisfied or complied with by the Investor at or prior to such Closing.

  • Performance by Contractor Where Pur- chaser’s employees, agents, contractors, Subcontractors, or their employees or agents perform Purchaser’s Opera- tions in connection with fire responsibilities, Purchaser’s obligations shall be the same as if performance was by Purchaser.