Common use of Appointed Representative Rights Clause in Contracts

Appointed Representative Rights. On the Step-In Date, the Appointed Representative will 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 Authority will deal with the Appointed Representative and not Project Co. No Appointed Representative will be liable to the Authority or Project Co for any liabilities or obligations of Project 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 Project Co.

Appointed Representative Rights. ‌ On the Step-In Date, the Appointed Representative will 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 Authority will deal with the Appointed Representative and not Project Co. No Appointed Representative will be liable to the Authority or Project Co for any liabilities or obligations of Project 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 Project Co.

Appointed Representative Rights. On the Step-In Date, the Appointed Representative will 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 Authority will deal with the Appointed Representative and not Project Co. No Appointed Representative will be liable to the Authority or Project Co for any liabilities or obligations of Project Co. An For certainty, 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 Project Co.

Appointed Representative Rights. On the Step-In Date, the Appointed Representative will 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 Authority will deal with the Appointed Representative and not Project Co. No Appointed Representative will be liable to the Authority or Project Co for any liabilities liabilies or obligations of Project 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 Project Co.

Appointed Representative Rights. On the Step-In Date, the Appointed Representative will assume be entitled, jointly and severally with Project Co Co, to the rights of Project Co under the Project Agreement, which rights are conditional on and may be exercised subject to the performance by or on behalf of Project Co of Project Co’s obligations under the Project Agreement. During the Step-In Period, the Authority will deal with the Appointed Representative and not Project Co. No Appointed Representative will be liable to the Authority or Project Co for any liabilities or obligations of Project 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 Project Co.

Appointed Representative Rights. On the Step-In Date, the Appointed Representative will 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 Authority Owner will deal with the Appointed Representative and not Project Co. No Appointed Representative will be liable to the Authority Owner or Project Co for any liabilities or obligations of Project 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 Project Co.