Common use of Assurance Against Discriminatory Action Clause in Contracts

Assurance Against Discriminatory Action. The GOB shall ensure that no Government Authority takes any discriminatory action which materially and adversely affects the Project or the performance of the Company’s obligations or the enjoyment of its rights or the interests of the Investors or Lenders under the Security Package or expropriates or, except as hereinafter provided, acquires the Facility or the Company, whether in whole or in part. Nothing in the foregoing shall apply to any actions taken by the GOB or BPDB or any other Government Authority pursuant to their respective rights and obligations arising under this Agreement, the Power Purchase Agreement or any other document that constitutes a part of the Security Package.

Appears in 15 contracts

Samples: Implementation Agreement, Implementation Agreement, Implementation Agreement

AutoNDA by SimpleDocs

Assurance Against Discriminatory Action. The GOB shall ensure that no Government Authority takes any discriminatory action which materially and adversely affects the Project or the performance of the Company’s Company‟s obligations or the enjoyment of its rights or the interests of the Investors or Lenders under the Security Package or expropriates or, except as hereinafter provided, acquires the Facility or the Company, whether in whole or in part. Nothing in the foregoing shall apply to any actions taken by the GOB or BPDB or any other Government Authority pursuant to their respective rights and obligations arising under this Agreement, the Power Purchase Agreement or any other document that constitutes a part of the Security Package.

Appears in 2 contracts

Samples: Implementation Agreement, Implementation Agreement

AutoNDA by SimpleDocs

Assurance Against Discriminatory Action. The GOB shall ensure that no Government Authority takes any discriminatory action which materially and adversely affects the Project or the performance of the Company’s obligations or the enjoyment of its rights or the interests of the Investors or Lenders under the Security Package or expropriates or, except as hereinafter provided, acquires the Facility or the Company, whether in whole or in part. Nothing in the foregoing shall apply to any actions taken by the GOB or BPDB or any other Government Authority pursuant to their respective rights and obligations arising under this Agreement, the Power Purchase Agreement, the Rooftop Lease Agreement or any other document that constitutes a part of the Security Package.

Appears in 1 contract

Samples: Implementation Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!