Common use of Ineffectiveness Clause in Contracts

Ineffectiveness. If a Certificate is or becomes Ineffective or ceases to be valid, the following provisions shall apply: (a) where a Certificate is or becomes Ineffective or ceases to be valid as a result of any act or omission by the Buyer, the Buyer shall remain liable to pay for it; and (b) where a Certificate is or becomes Ineffective or ceases to be valid as a result of any act or omission by the Seller, the Seller shall be obliged to either: (i) replace such Certificate within twenty (20)

Appears in 9 contracts

Sources: Individual Power Purchase Agreement, Individual Power Purchase Agreement, Individual Power Purchase Agreement

Ineffectiveness. If a Certificate is or becomes Ineffective or ceases to be valid, the following provisions shall apply: (a) where a Certificate is or becomes Ineffective or ceases to be valid as a result of any act or omission by the Buyer, the Buyer shall remain liable to pay for it; and (b) where a Certificate is or becomes Ineffective or ceases to be valid as a result of any act or omission by the Seller, the Seller shall be obliged to either: (i) replace such Certificate within twenty (20)

Appears in 3 contracts

Sources: Individual Power Purchase Agreement, Power Purchase Agreement, Individual Power Purchase Agreement

Ineffectiveness. If a Certificate is or becomes Ineffective or ceases to be valid, the following provisions shall apply: : (a) where a Certificate is or becomes Ineffective or ceases to be valid as a result of any act or omission by the Buyer, the Buyer shall remain liable to pay for it; and (b) where a Certificate is or becomes Ineffective or ceases to be valid as a result of any act or omission by the Seller, the Seller shall be obliged to either: (i) replace such Certificate within twenty (20)and 4.

Appears in 2 contracts

Sources: Individual Power Purchase Agreement, Individual Power Purchase Agreement