Examples of Exercising Buyer in a sentence
As a practical matter, competitive merchant entry, unsupported by long-term contracts with net purchasers, is precluded by the high likelihood that market prices will remain suppressed by the unfettered exercise of buyer market power, intentional or unintentional, in the capacity market.4. Surplus OOM Capacity Was Created for the Express Purpose of Exercising Buyer Market Power As we have explained, the Commission does not delve into actual intent when deciding whether to mitigate suppliers.
The purchase of the Real Property and the execution, delivery and performance by such Exercising Buyer of this Agreement and each of the Operative Documents executed by such Exercising Buyer and delivered by Buyers’ Agent in connection with such purchase have been duly authorized by all necessary action on the part of each Exercising Buyer; provided that further authorizations from each Exercising Buyer will be required for such Exercising Buyer to exercise the Land Purchase Option.
Neither any Exercising Buyer nor Seller shall take any position (whether in audits, tax returns or otherwise) that is inconsistent with such allocation unless required to do so by applicable Law.
There are no Proceedings pending, or to such Exercising Buyer’s knowledge, threatened, against such Exercising Buyer which could materially and adversely affect its ability to perform its obligations with respect to the purchase of the Facility Assets pursuant to the Project Purchase Option.
Thus, the agency did not factor into its evaluation the fact that none of AHNAM’s contracts individually met the85 percent threshold.
Following Buyers’ Agent’s delivery of the Purchase Option Exercise Notice until the end of the Applicable Diligence Period, each Exercising Buyer will use reasonable efforts to cause the conditions to be performed by such Exercising Buyer in Article VII and Article VIII to be satisfied.
Except as set forth in Schedule 4.3, other than those that have been obtained or filed, no Consent of, or registration, qualification or filing with any Person, including any Governmental Authority, is required for the purchase of the Facility Assets or the execution and delivery by such Exercising Buyer of any of the Operative Documents to which it is a party or in order for such Exercising Buyer to perform its obligations hereunder.
Neither Seller nor any of its officers, directors, employees, shareholders or Affiliates has employed or made any agreement with any broker, finder or similar agent or any Person which will result in the obligation of any Exercising Buyer or any of their Affiliates to pay any finder’s fee, brokerage fees or commission or similar payment in connection with the transactions contemplated hereby.
Neither such Exercising Buyer, nor any of its members, officers, directors, or employees, has employed or made any agreement with any broker, finder or similar agent or any Person which will result in the obligation of Seller or any of its Affiliates to pay any finder’s fee, brokerage fees, or commission or similar payment in connection with the transactions contemplated hereby.
There are no Proceedings pending, or to such Exercising Buyer’s knowledge, threatened, against such Exercising Buyer which could materially and adversely affect its ability to perform its obligations with respect to the purchase of the Real Property pursuant to a Purchase Option Exercise Notice.