Transfer Without Consent is Null and Void Sample Clauses
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Transfer Without Consent is Null and Void. Any sale, transfer, or assignment of any interest in the Project or in this Agreement made without fulfilling the requirements of this Agreement shall be null and void and shall constitute an Event of Default pursuant to Article 11.
Transfer Without Consent is Null and Void. Any purported sale, transfer, or assignment of any interest in the Exchange Resource or in this Agreement made without fulfilling the requirements of this Article 14 shall be null and void.
Transfer Without Consent is Null and Void. Any change of control or sale, transfer, or assignment of any interest in the Facility or in this Agreement made without fulfilling the requirements of this Agreement shall be null and void and shall constitute an event of Default pursuant to Section 18.
Transfer Without Consent is Null and Void. Any Change of Control or sale, transfer, or assignment of any interest in the Facility or in this PPA made without fulfilling the requirements of this PPA shall be null and void and shall constitute an Event of Default pursuant to Article 12.
Transfer Without Consent is Null and Void. Except as provided in ARTICLE 2, any sale, transfer, or assignment of any interest in the Seller’s Interest or in this PPA made without fulfilling the requirements of this ARTICLE 14 shall be null and void and a breach of this PPA.
(A) Except as permitted in this Section 14.1, neither Party shall assign this PPA, or any right, title or interest therein, without the prior written consent of the other Party, which consent shall not be unreasonably withheld, conditioned, or delayed; provided, however, that: (i) Notice of any proposed assignment requiring consent of the other Party shall be given to such other Party at least thirty (30) Days prior to the proposed effective date of such assignment; and (ii) with respect to any assignment hereunder, whether requiring consent or not, (a) except with respect to any assignment under Section 14.2, any assignee shall expressly assume the assignor’s obligations under this PPA unless otherwise agreed by the other Party; (b) no assignment shall relieve the assignor of its obligations under this PPA in the event the assignee fails to perform, unless the other Party waives or releases in writing the assignor’s continuing Eklutna Power Purchase Agreement dated as of December 28, 2018 between Chugach Electric Association, Inc. and the Municipality of Anchorage obligations under this PPA; and (c) the assignment shall be subject to receipt of all such approvals as may be required by any applicable Governmental Authorities.
(B) Except as set forth in Section 15.14(B) with respect to the Collateral and Seller’s consent rights with respect thereto, Purchaser shall have the right to assign all or a portion of its rights or obligations under this PPA without the prior written consent of Seller as follows:
1. to a Lender as collateral security for obligations under the Financing Documents entered into with such Lender, provided that: (i) Purchaser provides Seller with written Notice of such proposed collateral assignment not less than thirty (30) Days prior to such collateral assignment, and (ii) the applicable form of collateral assignment and related documentation is reasonably acceptable to Seller, as provided in Section 14.2;
2. to an Affiliate of Purchaser that is either (i) a Creditworthy Entity and Qualified Operator or (ii) a Creditworthy Entity that contracts with a Qualified Operator; 3. pursuant to Section 14.2, to a Creditworthy Entity and Qualified Operator or to a Creditworthy Entity that contracts with a Qualified Op...
Transfer Without Consent is Null and Void. Any Change in Control or sale, transfer, or assignment of any interest in this PPA made without fulfilling the requirements of this PPA shall be null and void and a breach of this PPA; provided that Buyer’s consent shall not be required in connection with any Seller Change of Control whereby Seller is acquired by an Affiliate thereof.
(A) Except as permitted in this Section, neither Party shall assign this PPA or any portion thereof, without the prior written consent of the other Party, which consent shall not be unreasonably withheld, conditioned or delayed; provided, however, that (i) at least thirty (30) Days prior Notice of any proposed assignment requiring consent shall be given to the other Party;
Transfer Without Consent is Null and Void. Any attempt to make any pledge, mortgage, grant of a security interest or collateral assignment for which consent is required under Section 20.1 (Assignment by Seller) or Section 20.5 (Assignment By Company), as applicable, without fulfilling the requirements of this Article 20 (Transfers, Assignments, and Financing Debt) shall be null and void and shall constitute an Event of Default pursuant to Section 8.1 (Events of Default). EXECUTION VERSIONPuna Geothermal Venture ARTICLE 20101
