Common use of Restructuring Clause in Contracts

Restructuring. If the restructuring of the electricity industry affects the Seller’s or Purchaser’s rights or obligations under this Agreement, the performance of the Agreement shall be transferred to take-over unit(s). The Purchaser must be responsible for written confirmation and guarantee that take-over units shall fulfill their obligations to purchase or distribute electricity and other rights/obligations under this Agreement.

Restructuring. If the restructuring of the electricity power industry affects the Seller’s or Purchaser’s rights or obligations under this Agreement, the performance of the Agreement shall be transferred to the take-over unit(s)units. The Purchaser must be responsible for written confirmation and guarantee that take-over units shall fulfill their obligations to purchase or distribute electricity and other rights/rights and obligations under this Agreement.

Restructuring. If Where the restructuring of the electricity industry sector affects the Seller’s Seller or Purchaserthe Buyer’s rights or and obligations under in this Agreement, the performance of the Agreement shall be transferred to take-over unit(s)the receiving units. The Purchaser must be responsible for written confirmation Buyer shall certify and guarantee that take-over units shall fulfill their ensure in writing concerning the units’ receiving the fulfillment of obligations to of power purchase or distribute electricity distribution and other rights/interests and obligations under this Agreement.

Restructuring. If the restructuring of the electricity power industry affects the Seller’s or Purchaser’s rights or obligations under this Agreement, the performance of the Agreement shall be transferred to take-over unit(s). The Purchaser must be responsible for written confirmation and guarantee that take-over units shall fulfill their obligations to purchase or distribute electricity and other rights/obligations under this Agreement.

Restructuring. If In case the restructuring of the electricity industry affects the Seller’s rights and obligations of the Seller or Purchaser’s rights or obligations under the Buyer of this Agreement, the performance implementation of the Agreement shall be transferred to take-over unit(s)the receiving units. The Purchaser Buyer must be responsible for written confirmation the certification and guarantee in writing that take-over the receiving units shall fulfill their obligations bear the obligation to purchase or distribute electricity and other rights/rights and obligations under this Agreement.

Restructuring. If In case the restructuring of the electricity industry affects the Seller’s or Purchaser’s rights or obligations under of the Seller or the Buyer of this Agreement, the performance implementation of the Agreement shall be transferred to take-over unit(s)receiving units. The Purchaser Buyer must be responsible for written confirmation the certification and guarantee in writing that take-over receiving units shall fulfill their obligations bear the obligation to purchase or distribute electricity and other rights/rights and obligations under this Agreement.