Common use of Initial Parties Clause in Contracts

Initial Parties. Until the Effective Date, all Initial Participants may become a Party by executing this Agreement and delivering an executed copy of this Agreement and a copy of the adopted ordinance required by Public Utilities Code Section 366.2(c)(12) to the Authority. Additional conditions, described in Section 6.2, may apply (i) to an entity desiring to become a Party that is not an Initial Participant and (ii) to Initial Participants that have not executed and delivered this Agreement on or before the Effective Date.

Initial Parties. Until During the first 180 days after the Effective Date, all other Initial Participants may become a Party by executing this Agreement and delivering an executed copy of this Agreement and a copy of the adopted ordinance required by Public Utilities Code Section 366.2(c)(12366.2(c)(10) to the Authority. Additional conditions, described in Section 6.23.1, may apply (i) to either an entity incorporated municipality or county desiring to become a Party that and is not an Initial Participant and (ii) to Initial Participants that have not executed and delivered this Agreement on or before within the Effective Datetime period described above.