Common use of Transfer Without Consent is Null and Void Clause in Contracts

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.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Otter Tail Corp), Purchase and Sale Agreement (Otter Tail Corp)

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Transfer Without Consent is Null and Void. Any Change of Control or Except as provided in ARTICLE 2, any sale, transfer, or assignment of any interest in the Facility Seller’s Interest or in this PPA made without fulfilling the requirements of this PPA ARTICLE 14 shall be null and void and shall constitute an Event a breach of Default pursuant to Article 12this PPA.

Appears in 2 contracts

Samples: Eklutna Power Purchase Agreement (Chugach Electric Association Inc), Power Purchase Agreement

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