Project Operational Permits Clause Samples
Project Operational Permits. Seller has in place all Project Operational Permits, and such Project Operational Permits are in form and substance acceptable to Buyer in its sole and absolute discretion, in full force and effect, final, and not subject to appeal or otherwise subject to challenge or modification (provided that any Project Operational Permits that were provided to, and approved in writing by, Buyer prior to the Effective Date will require the further approval of Buyer (in its sole and absolute discretion) as part of this condition only to the extent subsequently modified);
Project Operational Permits. Seller shall have delivered to Buyer all Project Operational Permits in form and substance acceptable to Buyer, and such Project Operational Permits shall remain in full force and effect;
Project Operational Permits. Seller has in place all Project Operational Permits, and such Project Operational Permits are in form and substance acceptable to Buyer in its sole and absolute discretion, in full force and effect, final, and not subject to appeal or otherwise subject to challenge or modification (provided that any Project Operational Permits that were provided to, and approved in writing by, Buyer prior to the Effective Date will require 40 NTD: The Contracts addressed in this clause (vi) or other provisions in Section 7.2 are expected to be based on the contractual needs of the Project and may exclude real estate contracts if all relevant real estate contracts were entered into and provided to Buyer prior to the Effective Date. Buyer expects the FNTP conditions in this section to include a requirement that Seller has obtained (and/or maintained) prior to FNTP all Project Site real property and related interests and rights necessary or advisable for the Project Assets or the Project and provided to Buyer related documentation and approvals. The terms of the condition will depend on the status of title at the Effective Date and possibly other terms of this Agreement. 41 NTD: Insert amount equal to $100,000/MW. the further approval of Buyer (in its sole and absolute discretion) as part of this condition only to the extent subsequently modified);