Substitution Agreement. 36.3.1 The Lenders’ Representative, on behalf of Senior Lenders, may exercise the right to substitute the Concessionaire pursuant to the agreement for substitution of the Concessionaire (the "Substitution Agreement") to be entered into amongst the Concessionaire, the Authority and the Lenders’ Representative, on behalf of Senior Lenders, substantially in the form set forth in Schedule-V.
Substitution Agreement. The Substitution Agreement envisaged by Appendix 3 hereunder, will/may be executed within 30 (thirty) Days’ of notice by the Concessionaire to the Concessioning Authority of the Senior Lenders’ readiness to execute the same.
Substitution Agreement. 6.3.1 This Agreement shall not be assigned by the Concessionaire Provided however, subject to the provisions of this Agreement, Lenders may be given the right of substitution by execution of the Substitution Agreement in the form annexed hereto as Schedule 8.
Substitution Agreement. THIS SUBSTITUTION AGREEMENT is entered into on this the --------- day of ------------ (Month) - (Year) at . AMONGST, THE KANDLA PORT TRUST, a body corporate constituted under the provisions of the Major Port Trusts Act, 1963 and having its Administrative Office at Xxxxxxxxxx, Xxxxxxx 000000 (hereinafter referred to as “the Concessioning Authority”) which expression shall, unless repugnant to the context or meaning thereof include its administrators, successors or assigns. AND M/s XXXX Limited, a company incorporated under the provisions of the Companies Act, 1956 and having its Registered Office at ---------------------- hereinafter referred to as “the Concessionaire” (which expression shall unless repugnant to the context or meaning thereof include its successors and assigns), AND YYYY (Financial Institution/ Bank) having its Registered 0ffice/Head Office at -------------------------- -------------------- hereinafter referred to as “the Lender”. OR ZZZZ (Financial Institution/Bank) having its Registered Office/Head Office at---------------------------- ------------------- acting for and on behalf of the Lenders listed in Schedule A hereto (hereinafter referred as “the Lender’s Representative”.
Substitution Agreement. 38.3.1 The Lenders' Representative, on behalf of Xxxxxxx, may exercise the right to substitute the Concessionaire in accordance with the agreement for substitution of the Concessionaire (the "Substitution Agreement") to be entered into amongst the Concessionaire, the Authority and the Lenders' Representative, on behalf of Lenders, substantially in the form set forth in Schedule-U.
Substitution Agreement. (a) This Agreement shall not be assigned by the Concessionaire, provided that, subject to the provisions of this Agreement, the Lenders may be given the right of substitution by execution of the Substitution Agreement.
Substitution Agreement. The Lenders‟ Representative, on behalf of Senior Lenders, may exercise the right to substitute the SPD pursuant to the agreement for substitution of the SPD (the “Substitution Agreement”) to be entered into amongst the SPD, Railways and the Lenders‟ Representative, on behalf of Senior Lenders, substantially in the form set forth in Schedule – L. Upon substitution of the SPD under and in accordance with the Substitution Agreement, the Nominated Company substituting the SPD shall be deemed to be the SPD under this Agreement and shall enjoy all rights and be responsible for all obligations of the SPD under this Agreement as if it were the SPD; provided that where the SPD is in breach of this Agreement on the date of such substitution, Railways shall by notice grant a Cure Period of [120 (one hundred and twenty) days] to the SPD for curing such breach.
Substitution Agreement. The Borrowers must enter into a Master Substitution Agreement in the form attached hereto as Exhibit B (the "Substitution Agreement") on or before the Expiration Date. Subject to the terms and limitations of, and as more fully set forth in, the Substitution Agreement, if Fxxxxxx Mac has purchased at least two (2) of the Mortgages, each Borrower will have the right from time to time after the Expiration Date to substitute the Property securing such Borrower's Mortgage with another Property (a "Substitution"). If Fxxxxxx Mac does not receive a fully-executed Substitution Agreement on or before the Expiration Date, no Substitutions of any of the Properties will be permitted under any of the Mortgages.
Substitution Agreement. This SUBSTITUTION AGREEMENT is entered into on this the [●] day of [●]. AMONGST
Substitution Agreement. APPENDIX 4...............................................................................................................................
