Required Approvals and Conditions Precedent Sample Clauses

Required Approvals and Conditions Precedent. The commencement of the Parties' obligations under this Agreement are subject to the receipt of all federal, state or local regulatory approvals or permits necessary for the sale and purchase of the Wholesale Transition Service to enable the Company to provide the Retail Service or Standard Offer Service and to enable Supplier to provide Wholesale Transition Service contemplated under this Agreement, including, without limitation, the approval of this Agreement by the FERC and the CDPUC, all such approvals to be final and no longer subject to rehearing, reconsideration or appeal; provided, however, that Supplier's continuing obligations hereunder shall not be subject to the receipt of any regulatory approvals or permits necessary for the operation of any electric generating facility. Each Party shall use reasonable, good faith efforts to acquire all regulatory approvals or permits and to assist the other Party in acquiring such approvals or permits, including, without limitation, FERC approval of this Agreement, prior to the Closing Date and to maintain thereafter such regulatory approvals or permits.
Sample 1
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Required Approvals and Conditions Precedent 
Sample 1

Related to Required Approvals and Conditions Precedent

  • Conditions precedent documents A Request may not be given until the Facility Agent has notified the Company and the Lenders that it has received all of the documents and evidence set out in Schedule 2 (Conditions precedent documents) in form and substance satisfactory to the Facility Agent. The Facility Agent must give this notification to the Company and the Lenders promptly upon being so satisfied.

  • Conditions Precedent to Closing Date The obligation of the Lenders to make each Loan hereunder, and the obligation of the Letter of Credit Issuer to issue Letters of Credit hereunder, in each case, on the Closing Date are subject to the satisfaction on or prior to the Closing Date of each of the following conditions:

  • Conditions Precedent The effectiveness of this Amendment is subject to the satisfaction of all of the following conditions precedent:

  • Conditions Precedent at Closing Date The obligation of the Lenders to make Loans, and of any LC Issuer to issue Letters of Credit, is subject to the satisfaction of each of the following conditions on or prior to the Closing Date:

  • Other Conditions Precedent Each of the conditions set forth in Sections 4.1.4, 4.1.5, 4.1.6 and 4.1.10 shall have been satisfied unless the failure of any such condition to be satisfied is the result of any action or inaction by Mortgagee.

  • Buyer’s Conditions Precedent The obligations of Buyer to consummate the transactions contemplated by this Agreement are subject to the satisfaction or waiver, at or prior to the Closing Date, of each of the following conditions precedent:

  • Conditions Precedent to the Closing Date The obligation of the Lenders to execute this Agreement and make any requested Loans on the Closing Date is subject to the prior satisfaction of each of the following conditions (unless waived in writing by Administrative Agent with the consent of the Lenders):

  • Purchaser’s Conditions Precedent Except as may be waived in writing by Purchaser, the obligations of Purchaser hereunder are subject to the fulfillment at or prior to the Closing of each of the following conditions:

  • Seller’s Conditions Precedent The obligations of Seller to consummate the transactions contemplated by this Agreement are subject to the satisfaction or waiver, at or prior to the Closing Date, of each of the following conditions precedent:

  • BUYER’S CONDITIONS PRECEDENT TO CLOSING The obligation of Buyer to close the transactions contemplated by this Agreement is subject to the satisfaction at or prior to the Closing of each of the following conditions precedent (any and all of which may be waived by Buyer in writing):

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