Common use of Breach of Obligations Clause in Contracts

Breach of Obligations. 4.8.1 The Parties herein agree that during the subsistence of this Agreement, subject to PGVCL being in compliance of its obligations & undertakings under this Agreement, the SPG would have no right to negotiate or enter into any dialogue with any third party for the sale of Contracted Capacity of power which is the subject matter of this Agreement. It is the specific understanding between the Parties that such bar will apply throughout the entire term of this Agreement.

Breach of Obligations. 4.8.1 4.8.1. The Parties herein agree that during the subsistence of this Agreement, subject to PGVCL GRIDCO being in compliance of its obligations & undertakings under this Agreement, the SPG would have no right to negotiate or enter into any dialogue with any third party for the sale of Contracted Capacity of power which is the subject matter of this Agreement. It is the specific understanding between the Parties that such bar will apply throughout the entire term of this Agreement.

Breach of Obligations. 4.8.1 The Parties herein agree that during the subsistence of this Agreement, subject to PGVCL UGVCL being in compliance of its obligations & undertakings under this Agreement, the SPG would have no right to negotiate or enter into any dialogue with any third party for the sale of Contracted Capacity of power which is the subject matter of this Agreement. It is the specific understanding between the Parties that such bar will apply throughout the entire term of this Agreement.