Common use of Interim Period Notice Clause in Contracts

Interim Period Notice. (a) The Buyer shall notify the Seller promptly if any information comes to its attention that would or might excuse the Buyer from the performance of its obligations under this Agreement or the Related Agreements or would or might cause any condition to close set forth in Sections 6.1 or 6.2 not to be satisfied. In the event that the Buyer fails to so notify the Seller within thirty (30) days of obtaining Knowledge of such information, the Buyer shall be deemed to have waived the performance of such obligations or the fulfillment of such conditions.

Appears in 3 contracts

Samples: Purchase and Sale Agreement (B E C Energy), Purchase and Sale Agreement (Boston Edison Co), Purchase and Sale Agreement (Boston Edison Co)

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Interim Period Notice. (a) The Buyer shall notify the Seller promptly if any information comes to its attention that would or might excuse the Buyer from the performance of its obligations under this Agreement or the Related Ancillary Agreements or would or might cause due to the Seller's inability to satisfy any condition to close set forth in Sections 6.1 or 6.2 not to be satisfied. In the event that the Buyer fails to so notify the Seller within thirty (30) days of obtaining Knowledge of such information, the Buyer shall be deemed to have waived the performance of such obligations or the fulfillment of such conditionsSection 7.1.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Energy East Corp)

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