Regulatorily Continuing definition

Regulatorily Continuing means, with respect to a Transaction, that if a Product is represented by a Party as complying with the requirements of an Applicable Program and Regulatorily Continuing, such compliance will be as of both the Delivery Date and the Trade Date, and Seller will do what is necessary to cause the Product that is delivered to comply with such requirements, including delivering substitute Product acceptable to Buyer if appropriate.
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Regulatorily Continuing means, with respect to a Transaction, the Product shall comply with the requirements of the Applicable Program, as of each Delivery Date, and Seller will do what is necessary to cause the Product that is Delivered to comply with such requirements; except as otherwise provided in Section 11.1.
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Regulatorily Continuing means, with respect to the Transaction, the Product shall comply with the requirements of the Applicable Program, as of each Delivery Date, and Seller will do what is necessary to cause the Product that is deliveredDelivered to comply with such requirements; except as otherwise provided in Article 7.Section 11.1.
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Examples of Regulatorily Continuing in a sentence

  • Unless otherwise specifically specified in a particular Product Order, Government Action that changes in any respect the value of a Product (without rendering the Product out of compliance with the Applicable Program if Regulatorily Continuing), including a Cancellation of Applicable Program, will have no effect on the obligation of the Parties to purchase and sell such Product at the price and on the terms set forth in the Product Order.

  • However, as different Applicable Programs have differing compliance requirements, any representation that a Product is Regulatorily Continuing applies solely to Product Delivery of the Seller to the Buyer and only up to the Delivery Date, and the benefit of such representation is not assignable by Buyer, except as consented to be Seller in writing.

  • With respect to any Transaction, if Seller represents that a Product complies with an Applicable Program, such representation is made and effective as of the Trade Date, and Seller will not be in breach of such representation on account of any Government Action occurring after the Trade Date, unless the Product is Regulatorily Continuing, in which case Seller must Deliver Product that complies with the Applicable Program as of the Delivery Date.


More Definitions of Regulatorily Continuing

Regulatorily Continuing means the transaction complies with AB32, as amended from time to time, as of the Effective Date and the Delivery Date.
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Regulatorily Continuing means that if a REC is represented by Party A as complying with the requirements of an Applicable Program and Regulatorily Continuing, such compliance will be as of both the date of execution of this PPA and the date of TransferDelivery, and Party A will do what is necessary to cause the REC that is deliveredDelivered to comply with such requirements.
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Regulatorily Continuing means, with respect to the Transaction, the
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Regulatorily Continuing means, with respect to a Transaction, the Product shall 9 For purposes of Section 2.6(g), the REC Purchase Payment Amount shall equal (a) x (b) + (c) x (d) + (e) x (f) + (g) x (h) + (i) x (j) where (a) equals the multiplicative product of (i) Contract Nameplate Capacity (in MW) at Energization, (ii) Contract Capacity Factor, (iii) 8,760 hours, (iv) 3/12 (or 4/12 as applicable), which result shall be rounded down to the nearest whole REC; where (b) equals the Contract Price at Energization; where (c) equals the multiplicative product of (i) Contract Nameplate Capacity (in MW) calculated based on information in the first Community Solar Quarterly Report, (ii) Contract Capacity Factor, (iii) 8,760 hours, (iv) 3/12, which result shall be rounded down to the nearest whole REC; and where (d) equals the Contract Price calculated using information in the first Community Solar Quarterly Report; where (e) equals the multiplicative product of (i) Contract Nameplate Capacity (in MW) calculated based on information in the second Community Solar Quarterly Report, (ii) Contract Capacity Factor, (iii) 8,760 hours, (iv) 3/12, which result shall be rounded down to the nearest whole REC; where (f) equals the Contract Price calculated using information in the second Community Solar Quarterly Report; where (g) equals the multiplicative product of (i) Contract Nameplate Capacity (in MW) calculated based on information in the third Community Solar Quarterly Report, (ii) Contract Capacity Factor, (iii) 8,760 hours, (iv) 3/12, which result shall be rounded down to the nearest whole REC; where (h) equals the Contract Price calculated using information in the third Community Solar Quarterly Report; where (i) equals the multiplicative product of (i) Contract Nameplate Capacity (in MW) calculated based on information in the fourth Community Solar Quarterly Report, (ii) Contract Capacity Factor, (iii) 8,760 hours, (iv) 14 years (or 167/12 as applicable), which result shall be rounded down to the nearest whole REC; and where (j) equals the Contract Price calculated using information in the fourth Community Solar Quarterly Report. Notwithstanding the calculation set forth in the preceding sentence, if there is no change with respect to the values for Contract Nameplate Capacity, Contract Capacity Factor and Contract Price observed for a given period and the values observed for the immediately subsequent period, then there shall be no update to the REC Purchase Payment Amount. For avoidan...
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Related to Regulatorily Continuing

  • Regulatory Event means, following the occurrence of a Change in Law (as defined below) with respect to the Issuer and/or Société Générale as Guarantor or in any other capacity (including without limitation as hedging counterparty of the Issuer, market maker of the Certificates or direct or indirect shareholder or sponsor of the Issuer) or any of its affiliates involved in the issuer of the Certificates (hereafter the “Relevant Affiliates” and each of the Issuer, Société Générale and the Relevant Affiliates, a “Relevant Entity”) that, after the Certificates have been issued, (i) any Relevant Entity would incur a materially increased (as compared with circumstances existing prior to such event) amount of tax, duty, liability, penalty, expense, fee, cost or regulatory capital charge however defined or collateral requirements for performing its obligations under the Certificates or hedging the Issuer’s obligations under the Certificates, including, without limitation, due to clearing requirements of, or the absence of, clearing of the transactions entered into in connection with the issue of, or hedging the Issuer’s obligation under, the Certificates, (ii) it is or will become for any Relevant Entity impracticable, impossible (in each case, after using commercially reasonable efforts), unlawful, illegal or otherwise prohibited or contrary, in whole or in part, under any law, regulation, rule, judgement, order or directive of any governmental, administrative or judicial authority, or power, applicable to such Relevant Entity (a) to hold, acquire, issue, reissue, substitute, maintain, settle, or as the case may be, guarantee, the Certificates, (b) to acquire, hold, sponsor or dispose of any asset(s) (or any interest thereof) of any other transaction(s) such Relevant Entity may use in connection with the issue of the Certificates or to hedge the Issuer’s obligations under the Certificates,