Common use of Requirement for Consent Clause in Contracts

Requirement for Consent. The Seller may not Assign this EPA except with the prior consent of the Buyer, which consent may not be unreasonably withheld, conditioned or delayed. Any Assignment (other than an Assignment to a Facility Lender as described in section 1.1(c)(ii) or an Assignment arising as a result of a change of Control of the Seller) is subject to the assignee entering into and becoming bound by this EPA, assuming all the obligations and liabilities of the Seller under this EPA and the Interconnection Agreement, curing any financial or non‐financial defaults of the Seller under this EPA prior to the Assignment, and providing the representations and warranties set out in section 11.1 effective as at the time of Assignment.

Appears in 1 contract

Sources: Electricity Purchase Agreement

Requirement for Consent. The Seller may not Assign this EPA except with the prior consent of the Buyer, which consent may not be unreasonably withheld, conditioned or delayed. Any Assignment (other than an Assignment to a Facility Lender as described in section 1.1(c)(ii) or an Assignment arising as a result of a change of Control of the Seller) is subject to the assignee entering into and becoming bound by this EPA, assuming all the obligations and liabilities of the Seller under this EPA and the Interconnection Agreement, curing any financial or non‐financial non-financial defaults of the Seller under this EPA prior to the Assignment, and providing the representations and warranties set out in section 11.1 effective as at the time of Assignment.Assignment.‌

Appears in 1 contract

Sources: Electricity Purchase Agreement

Requirement for Consent. The Seller may not Assign this EPA except with the prior consent of the Buyer, which consent may not be unreasonably withheld, conditioned or delayed. Any Assignment (other than an Assignment to a Facility Lender as described in section 1.1(c)(ii) or an Assignment arising as a result of a change of Control of the Seller) is subject to the assignee entering into and becoming bound by this EPA, assuming all the obligations and liabilities of the Seller under this EPA and the Interconnection Agreement, curing any financial or non‐financial non-financial defaults of the Seller under this EPA prior to the Assignment, and providing the representations and warranties set out in section 11.1 effective as at the time of Assignment.

Appears in 1 contract

Sources: Electricity Purchase Agreement