Buyer Permits. Buyer shall have obtained all Permits and Environmental Permits listed on Schedule 7.4, to the extent necessary, to own and operate the generating facilities included in the Acquired Assets in accordance with past emissions and operating practices, except for those Permits and Environmental Permits the absence of which would not individually or in the aggregate have a Material Adverse Effect.
Appears in 2 contracts
Sources: Purchase Agreement (Reliant Energy Resources Corp), Purchase Agreement (Reliant Energy Mid Atlantic Power Services Inc)