Common use of Assignment by Authority Clause in Contracts

Assignment by Authority. The Authority will assign or transfer its rights and obligations under this Agreement to any permitted assignee of its interest in the Project Agreement concurrently with the assignment of the Project Agreement to such assignee and the Agent and the Senior Lenders will co-operate with the Authority in completing the formalities of any transfer or assignment including by executing any additional documents as may be reasonably required by the Authority.

Appears in 8 contracts

Samples: Lenders’ Remedies Agreement, Lenders’ Remedies Agreement, Lenders’ Remedies Agreement

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Assignment by Authority. The Authority will assign or transfer its rights and obligations under this Agreement to any permitted assignee of its interest in the Project Agreement concurrently with the assignment of the Project Agreement to such assignee and the Agent and the Senior Lenders will co-operate with the Authority in completing the formalities of any transfer or assignment including by executing any additional documents as may be reasonably required by the Authority.

Appears in 3 contracts

Samples: Lenders’ Remedies Agreement, Lenders’ Remedies Agreement, Lenders’ Remedies Agreement

Assignment by Authority. The Authority will assign or transfer its rights and obligations under this Agreement to any permitted assignee of its interest in the Project Agreement concurrently with the assignment of the Project Agreement to such assignee and the Agent Indenture Trustee and the Senior Lenders will co-operate with the Authority in completing the formalities of any transfer or assignment including by executing any additional documents as may be reasonably required by the Authority.

Appears in 2 contracts

Samples: Lenders’ Remedies Agreement, Lenders’ Remedies Agreement

Assignment by Authority. The Authority will assign or transfer its rights and obligations under this Lenders’ Remedies Agreement to any permitted assignee of its interest in the Project Agreement in accordance with Section 16.4 of the Project Agreement, concurrently with the assignment of the Project Agreement to such assignee assignee, and the Collateral Agent and the Senior Lenders Secured Creditors will co-co- operate with the Authority in completing the formalities of any transfer or assignment including by executing any additional documents as may be reasonably required by the Authority.

Appears in 2 contracts

Samples: Lenders’ Remedies Agreement, Assignment of Master Agreement

Assignment by Authority. The Authority will assign or transfer its rights and obligations under this Agreement to any permitted assignee of its interest in the Project Agreement concurrently with the assignment of the Project Agreement to such assignee and the Collateral Agent and the Senior Lenders will co-operate with the Authority in completing the formalities of any transfer or assignment including by executing any additional documents as may be reasonably required by the Authority.

Appears in 1 contract

Samples: Lenders’ Remedies Agreement

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Assignment by Authority. The Authority will assign or transfer its rights and obligations under this Agreement to any permitted assignee of its interest in the Project Agreement concurrently with the assignment of the Project Agreement to such assignee and the Agent Agent, the Security Trustee and the Senior Lenders will co-operate with the Authority in completing the formalities of any transfer or assignment including by executing any additional documents as may be reasonably required by the Authority.

Appears in 1 contract

Samples: Lenders’ Remedies Agreement

Assignment by Authority. The Authority will assign or transfer its rights and obligations under this Agreement to any permitted assignee of its interest in the Project Agreement concurrently with the assignment of the Project Agreement to such assignee and the Agent Security Trustee and the Senior Lenders will co-operate with the Authority in completing the formalities of any transfer or assignment including by executing any additional documents as may be reasonably required by the Authority.

Appears in 1 contract

Samples: Lenders’ Remedies Agreement

Assignment by Authority. The Authority will assign or transfer its rights and obligations under this Agreement to any permitted assignee of its interest in the Project Agreement concurrently with the assignment of the Project Agreement to such assignee and the Agent Indenture Trustee and the Senior Lenders will co-operate with the Authority in completing the formalities of any transfer or assignment including by executing any additional documents as may be reasonably required by the Authority.

Appears in 1 contract

Samples: Lenders’ Remedies Agreement

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