Confirmation Effective Date; Condition Precedent; Filing Obligation; Term Sample Clauses

Confirmation Effective Date; Condition Precedent; Filing Obligation; Term. This Confirmation shall be binding on the Parties upon execution by both Parties (such date the “Confirmation Effective Date”). Promptly after execution by both Parties, Buyer shall submit the Default Service retail rates to the NHPUC for its approval. The Parties performance of Sections 3.2 through 6.4 of the Master Power Agreement are subject to the occurrence, on or before the fifth Business Day after (but not including) the Buyer’s submission of the Default Service retail rates to the NHPUC (the “Fifth Day”), for the approval by the NHPUC. If the NHPUC does not issue a decision approving Buyer’s request to approve the Default Service retail rates as filed on or before the Fifth Day (a “NHPUC Denial”), then this Confirmation shall be null and void and of no further force and effect, and neither Party shall have any obligation whatsoever to the other Party, and such a voiding of the Confirmation and the NHPUC Denial shall not be a default or constitute an Event of Default by either Party; provided, however, that neither Party shall undertake any action with the NHPUC or otherwise in opposition of approval by the NHPUC of the Master Power Agreement or the Confirmation as executed. Default Service Requirements Matrix Award Block Customer Group Load Zone Load Responsibility Commencement Date Conclusion Date XXX XXX NH 100% XXX XXX Contract Rate - $/MWh Contract Rate Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 XXX XXX XXX XXX XXX XXX TBD Load Asset Designation within the ISO Settlement Market System Award Block Customer Group Load Zone Load Asset Number Load Asset Name XXX XXX NH XXX XXX Renewable Portfolio Requirement For each calendar month during the term of this Transaction the sum of:
Sample 1Sample 2Sample 3See All (5)
AutoNDA by SimpleDocs
Confirmation Effective Date; Condition Precedent; Filing Obligation; Term. This Confirmation shall be binding on the Parties upon execution by all Parties (such date the “Confirmation Effective Date”). Promptly after execution by both Parties, Buyer shall submit this Confirmation to the Department in connection with the Department’s review of the results of Buyer’s solicitation for Default Service. The Parties performance of Sections 3.2 through 6.4 of the Master Power Agreement are subject to the occurrence, on or before the fifth Business Day after (but not including) the Buyer’s submission of the Confirmation to the Department (the “Fifth Day”), of either (a) approval by the Department of the results of Buyer’s solicitation for Default Service or (b) the Department taking no action on the Buyer’s request for approval of the results of its solicitation for Default Service. If the Department issues an order opening an investigation, disapproving or rejecting the results of Buyer’s solicitation for Default Service (including by way of an order using terms of similar effect to signify its disapproval or rejection of the Confirmation on or before the Fifth Day (a “Department Action”), then this Confirmation shall be null and void and of no further force and effect, and neither Party shall have any obligation whatsoever to the other Party, and such a voiding of the Confirmation and the Department Action shall not be a default or constitute an Event of Default by either Party. In the event that on or before the Fifth Day the Department approves the Confirmation conditioned upon the amendment of the Confirmation or the Master Power Agreement to incorporate a new term or amend an existing term, each Party shall independently determine whether it is willing to amend the identified agreement to incorporate the Department’s condition. (The date that the Department issues such order shall be the “Order Date”.) If either (a) a Party notifies the other Party(ies) (in accordance Section 8.1 of the Master Power Agreement) at any time prior to HE 1700 local prevailing time in Boston on the date that is three (3) Business Days after (but not including) the Order Date that it will not amend the Confirmation or Master Power Agreement (as applicable) to incorporate the Department’s condition or (b) the Parties have not executed such amendment on or before HE 1700 local prevailing time in Boston on the date that is three (3) Business Days after (but not including) the Order Date, this Confirmation shall be null and void and of no further force and e...
Sample 1

Related to Confirmation Effective Date; Condition Precedent; Filing Obligation; Term

  • EFFECTIVE DATE/COMPLETION OF SERVICES 3.1 Notwithstanding any provision of this Agreement to the contrary, and subject to the approval of the Governor and Executive Council of the State of New Hampshire, if applicable, this Agreement, and all obligations of the parties hereunder, shall become effective on the date the Governor and Executive Council approve this Agreement as indicated in block 1.17, unless no such approval is required, in which case the Agreement shall become effective on the date the Agreement is signed by the State Agency as shown in block 1.13 (“Effective Date”).

  • Effective Date and Termination Date This Contract becomes effective on the Contract Start Date or the date on which the Contract is fully executed by both parties, whichever is later. No party shall perform work under this Contract before the effective date. An email notification with a copy of the fully executed contract will be sent to the Contractor email listed above upon execution. Unless earlier terminated as provided below, this Contract shall continue through the Contract End Date. Offer and Contract Dates Contract Start Date   “Work” Time Dates Anticipated Notice to Proceed Date   Anticipated Substantial Completion Date   Anticipated Final Completion Date   Contract End Date  

  • Effective Date of the Agreement The date indicated in the Agreement on which it becomes effective, but if no such date is indicated, it means the date on which the Agreement is signed and delivered by the last of the two parties to sign and deliver.

  • Effective Date; Termination Section 6.01. The following events are specified as additional conditions to the effectiveness of the Development Credit Agreement within the meaning of Section 12.01 (b) of the General Conditions:

  • Certification of Funds; Budget and Fiscal Provisions; Termination in the Event of Non-Appropriation This Agreement is subject to the budget and fiscal provisions of the City’s Charter. Charges will accrue only after prior written authorization certified by the Controller, and the amount of City’s obligation hereunder shall not at any time exceed the amount certified for the purpose and period stated in such advance authorization. This Agreement will terminate without penalty, liability or expense of any kind to City at the end of any fiscal year if funds are not appropriated for the next succeeding fiscal year. If funds are appropriated for a portion of the fiscal year, this Agreement will terminate, without penalty, liability or expense of any kind at the end of the term for which funds are appropriated. City has no obligation to make appropriations for this Agreement in lieu of appropriations for new or other agreements. City budget decisions are subject to the discretion of the Mayor and the Board of Supervisors. Contractor’s assumption of risk of possible non-appropriation is part of the consideration for this Agreement. THIS SECTION CONTROLS AGAINST ANY AND ALL OTHER PROVISIONS OF THIS AGREEMENT.

  • EFFECTIVE DATE, TERMINATION, AND RENEWAL 17.1 This Agreement shall become effective on the first day of May, AD., 2019, and shall continue in full force and effect until the thirtieth (30th) day of April, AD., 2022 and thereafter from year to year unless terminated upon written notice of either party within one hundred and twenty (120) days prior to any anniversary of the terminal date.

  • Obligation to Notify Change In the event that any of the representations or warranties made/given by a Party ceases to be true or stands changed, the Party who had made such representation or given such warranty shall promptly notify the other of the same.

  • Contract Renegotiation, Suspension, or Termination Due to Change in Funding If the funds DSHS relied upon to establish this Contract or Program Agreement are withdrawn, reduced or limited, or if additional or modified conditions are placed on such funding, after the effective date of this contract but prior to the normal completion of this Contract or Program Agreement:

  • Termination Amendment and Waiver 46 7.1 Termination....................................................................................46 7.2

  • Effective Date, Suspension and Termination Section 6.01. This Agreement shall become effective upon its execution by the parties.

Time is Money Join Law Insider Premium to draft better contracts faster.