Mergers or Consolidations. Subject to Section 17.5 below, either Party may assign this Agreement to a successor to all or substantially all of the assets of such Party by way of merger, consolidation, sale or otherwise, provided such successor assumes in writing and becomes liable for all of such Party's duties and obligations hereunder.
Appears in 3 contracts
Samples: Transition Power Agreement (Potomac Electric Power Co), Interconnection Agreement (Southern Energy Inc), Interconnection Agreement (Potomac Electric Power Co)
Mergers or Consolidations. Subject to Section 17.5 16.5 below, either Party may assign this Agreement to a successor to all or substantially all of the assets of such Party by way of merger, consolidation, sale or otherwise, provided such successor assumes in writing and becomes liable for all of such Party's duties and obligations hereunder.
Appears in 1 contract
Mergers or Consolidations. Subject to Section 17.5 below, either Party may assign this Agreement to a successor to all or substantially all of the assets of such Party by way of merger, consolidation, sale or otherwise, provided such successor assumes in writing and becomes liable for all of such Party's duties and obligations hereunder.. 17.5
Appears in 1 contract
Samples: Transition Power Agreement (Potomac Electric Power Co)
