Common use of Role of AEDB Clause in Contracts

Role of AEDB. Except where the context expressly requires otherwise, the Parties hereby agree that: (i) all references herein to AEDB shall be deemed to refer to the GOP; (ii) wherever in this Agreement any action or performance is required of AEDB, such action or performance (or non-performance) by AEDB shall be deemed to be the action or performance (or non-performance) of the GOP and shall be binding on the GOP; and (iii) wherever in this Agreement any action or performance is required of the Seller to or in favour of AEDB, such action or performance (or non-performance) by the Seller shall be deemed to be the action or performance (or non-performance) to or in favour of GOP and shall be binding on the Seller.

Role of AEDB. Except where the context expressly requires states otherwise, the Parties hereby agree that: (i) all references herein to AEDB shall be deemed to refer to the GOP; (ii) wherever in this Agreement any action or performance is required of AEDB, such action or performance (or non-performance) by AEDB shall be deemed to be the action or performance (or non-performance) of the GOP and shall be binding on the GOP; and (iii) wherever in this Agreement any action or performance is required of the Seller to or in favour of AEDB, such action or performance (or non-performance) by the Seller shall be deemed to be the action or performance (or non-performance) to or in favour of GOP and shall be binding on the Seller.