Common use of Beneficiary Party Clause in Contracts

Beneficiary Party. (i) Both of the Parties are the beneficiaries of the Conditions Precedent set forth in Sections 2.3(a), 2.3(b)(i)-(ii) [Others], and in order for a waiver of non-satisfaction of such Conditions Precedent to be effective, both of the Parties must waive (in their sole discretion) non-satisfaction by the deadline date therefor.

Appears in 3 contracts

Samples: Consent and Agreement, Consent and Agreement, Consent and Agreement

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Beneficiary Party. (i) Both i)Both of the Parties are the beneficiaries of the Conditions Precedent set forth in Sections 2.3(a), 2.3(b)(i)-(ii) [Others], and in order for a waiver of non-satisfaction of such Conditions Precedent to be effective, both of the Parties must waive (in their sole discretion) non-satisfaction by the deadline date therefor.

Appears in 3 contracts

Samples: Consent and Agreement, Power Purchase Agreement, Consent and Agreement

Beneficiary Party. (i) Both of the Parties are the beneficiaries of the Conditions Precedent set forth in Sections 2.3(a), 2.3(b)(i)-(ii2.3(b)(ii) [Others]and 2.3(e), and in order for a waiver of non-non- satisfaction of such Conditions Precedent to be effective, both of the Parties must waive (in their sole discretion) non-satisfaction by the deadline date therefor.

Appears in 1 contract

Samples: Power Purchase Agreement

Beneficiary Party. (i) Both of the Parties are the beneficiaries of the Conditions Precedent set forth in Sections Section 2.3(a) and 2.3(b), 2.3(b)(i)-(ii) [Others], and in order for a waiver of non-satisfaction of such Conditions Precedent to be effective, both of the Parties must waive (in their sole discretion) non-satisfaction by the deadline date therefor.

Appears in 1 contract

Samples: Ram Power Purchase Agreement

Beneficiary Party. (i) Both of the Parties are the beneficiaries of the Conditions Condition Precedent set forth in Sections Section 2.3(a), 2.3(b)(i)-(ii) [Others], and in order for a waiver of non-satisfaction of such Conditions Condition Precedent to be effective, both of the Parties must waive (in their sole discretion) non-satisfaction by the applicable deadline date therefordate.

Appears in 1 contract

Samples: Power Purchase Agreement

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Beneficiary Party. (i) Both of the Parties are the beneficiaries of the Conditions Precedent set forth in Sections Section 2.3(a), 2.3(b)(i)-(ii) [Others], and in order for a waiver of non-satisfaction of such Conditions Precedent to be effective, both of the Parties must waive (in their sole discretion) non-non- satisfaction by the deadline date therefor.

Appears in 1 contract

Samples: Power Purchase Agreement

Beneficiary Party. (i) Both of the Parties are the beneficiaries of the Conditions Condition Precedent set forth in Sections Section 2.3(a), 2.3(b)(i)-(ii) [Others], and in order for a waiver of non-satisfaction of such Conditions Condition Precedent to be effective, both of the Parties must waive (in their sole discretion) non-satisfaction by the deadline date therefor.

Appears in 1 contract

Samples: Consent and Agreement

Beneficiary Party. (i) Both of the Parties are the beneficiaries of the Conditions Precedent set forth in Sections Section 2.3(a), 2.3(b)(i)-(ii) [Others], and in order for a waiver of non-satisfaction of such Conditions Precedent to be effective, both of the Parties must waive (in their sole discretion) non-satisfaction by the deadline date therefor.

Appears in 1 contract

Samples: Power Purchase Agreement

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