Appointed Representative Rights Clause Samples

Appointed Representative Rights. On the Step-In Date, the Appointed Representative will assume jointly and severally with Operations Co the rights of Operations Co under the Project Implementation Agreement, which rights are conditional on and may be exercised subject to performance of Operations Co’s obligations under the Project Implementation Agreement. During the Step-In Period, the Authority and Project Co will deal with the Appointed Representative and not Operations Co. No Appointed Representative will be liable to the Authority, Project Co or Operations Co for any liabilities or obligations of Operations Co. An Appointed Representative who is also an Insolvency Officer will not, and will not be required to, assume or have any personal liability for any liabilities or obligations of Operations Co.

Appointed Representative Rights. On the Step-In Date, the Appointed Representative shall be entitled to exercise and enjoy the rights of the Developer under the Project Agreement, including any rights to cure a Developer breach, subject to the performance by or on behalf of the Developer’s obligations under the Project Agreement. During the Step-In Period, the County shall deal with the Appointed Representative and not the Developer.

Appointed Representative Rights. Subject to Section 4.6 [Province Objection to Proposed Appointed Representative] of this Agreement, on the Step-In Date, the Appointed Representative shall assume jointly and severally with Project Co the rights of Project Co under the Project Agreement and any other Province Project Document (other than this Agreement), which rights are conditional on and may be exercised subject to performance of the obligations of Project Co under the Project Agreement and any other Province Project Document (other than this Agreement), as applicable. During the Step-In Period, the Province shall deal with the Appointed Representative and not Project Co.

Appointed Representative Rights. On the Step-In Date, the Appointed Representative shall assume jointly and severally with Project Co the rights of Project Co under the Project Agreement, which rights are conditional on and may be exercised subject to performance of Project Co’s obligations under the Project Agreement. During the Step-In Period, the City shall deal with the Appointed Representative and not Project Co. No Appointed Representative shall be liable to the City or Project Co for any liabilities or obligations of Project Co. For certainty, an Appointed Representative that is also an Insolvency Officer shall not, and shall not be required to, assume or have any personal liability for any liabilities or obligations of Project Co.

Appointed Representative Rights. Subject to Section 4.6 [Province Objection to Proposed Appointed Representative] of this Agreement, on the Step-In Date, the Appointed Representative shall assume jointly and severally with Project Co the rights of Project Co under the Project Agreement and any other Province Project Document (other than this Agreement) and the Provincial Payment Guarantee, which rights are conditional on and may be exercised subject to performance of the obligations of Project Co under the Project Agreement and any other Province Project Document (other than this Agreement) and the Provincial Payment Guarantee, as applicable. During the Step-In Period, the Province shall deal with the Appointed Representative and not Project Co.