Common use of Assignment to Lenders Clause in Contracts

Assignment to Lenders. Seller shall have the right to assign all or a portion of its rights or obligations under this Agreement to any lender providing financing for Seller's acquisition of the Facility as collateral security for obligations under the financing documents entered into with such lenders provided that: (a) Seller first provides Buyer with written notice of not less than sixty (60) days of such collateral assignment; and (b) Buyer consents to the form of collateral assignment and related documentation.

Appears in 3 contracts

Samples: Power Purchase Agreement, Power Purchase Agreement (CMS Energy Corp), Power Purchase Agreement (CMS Energy Corp)

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