Common use of Obligation to Make Payments Clause in Contracts

Obligation to Make Payments. The Parties acknowledge and agree that, except as set forth in Section 4.3.1, Section 7.4.1, Section 8.1.4, Section 14.7, Section 15.4(h) and Section 16.4, no cause or event whatsoever shall excuse or suspend Purchaser’s obligation to pay Transmission Service Payments, Owner’s estimate of the amounts owed to Owner by Purchaser under Section 3.3, the Decommissioning Estimate, or any other amounts payable by Purchaser under this Agreement. The Parties also acknowledge and agree that no cause or event whatsoever shall excuse or suspend any amounts payable by Owner under this Agreement.

Appears in 3 contracts

Samples: Guaranty Agreement, Guaranty Agreement (Public Service Co of New Hampshire), Guaranty Agreement (Nstar/Ma)

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Obligation to Make Payments. The Parties acknowledge and agree that, except as set forth in Section 4.3.1, Section 7.4.1, Section 8.1.4, Section 14.7, Section 15.4(h) and Section 16.4, no cause or event whatsoever shall excuse or suspend Purchaser’s 's obligation to pay Transmission Service Payments, Owner’s 's estimate of the amounts owed to Owner by Purchaser under Section 3.3, the Decommissioning Estimate, or any other amounts payable by Purchaser under this Agreement. The Parties also acknowledge and agree that no cause or event whatsoever shall excuse or suspend any amounts payable by Owner under this Agreement.

Appears in 1 contract

Samples: Guaranty Agreement (Public Service Co of New Hampshire)

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