Common use of PacifiCorp’s Rejection of Offer; Revival of Offer Clause in Contracts

PacifiCorp’s Rejection of Offer; Revival of Offer. If PacifiCorp does not accept the offered terms and conditions within thirty (30) days after receiving Seller's offer, Seller (or the applicable Affiliate of Seller) may enter into an agreement to sell the Expansion Energy to a third party on terms and conditions no more favorable to the third party than those offered to PacifiCorp, provided such sale of Expansion Energy may not in any way impact or alter PacifiCorp’s rights, obligations or entitlements under this Agreement. If Seller (or its Affiliate) wishes to enter into an agreement with a third party on terms more favorable to PacifiCorp than those previously offered to PacifiCorp under this section, Seller shall first offer (or cause its Affiliate to offer) the revised terms and conditions to PacifiCorp under this section.

Appears in 6 contracts

Samples: Power Purchase Agreement, Power Purchase Agreement, Power Purchase Agreement

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