Emission Allowances. Notwithstanding anything to the contrary herein, each Purchaser and Seller shall take all necessary actions, including executing any required forms or providing appropriate notices to Governmental Authorities, in a timely fashion, to ensure that each Purchasers will obtain all, or the rights to all, Emission Allowances that are to be transferred pursuant to Section 2.1(p), Section 2.1(q) and Section 2.1(r) hereof, including the right to receive such Emission Allowances that are to be allocated or issued by a Governmental Authority in the future. Each Purchaser and Seller further acknowledge and agree that such actions may be required before, on or after the Closing Date.
Appears in 2 contracts
Sources: Purchase and Sale Agreement (Texas Genco Holdings Inc), Purchase and Sale Agreement (Aep Texas Central Co)