Common use of Authority Obligations Clause in Contracts

Authority Obligations. Except as specifically provided for in this Agreement and the Insurance Trust Agreement, the Authority has no obligations (whether express, implied, collateral or otherwise) to the Indenture Trustee or the Senior Lenders in connection with this Agreement, the Project Agreement or the Project. All of the obligations and liabilities given, undertaken or arising on the part of the Authority under this Agreement are given solely to the Indenture Trustee on behalf of the Senior Lenders and do not confer any rights on or in favour of Project Co or any Affiliate of Project Co or any other Person.

Appears in 2 contracts

Samples: Lenders’ Remedies Agreement, Remedies Agreement

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Authority Obligations. Except as specifically provided for in this Agreement and the Insurance Trust Agreement, the Authority has no obligations (whether express, implied, collateral or otherwise) to the Indenture Trustee Agent or the Senior Lenders in connection with this Agreement, the Project Agreement or the Project. All of the obligations and liabilities given, undertaken or arising on the part of the Authority under this Agreement are given solely to the Indenture Trustee Agent on behalf of the Senior Lenders and do not confer any rights on or in favour of Project Co or any Affiliate of Project Co or any other Person.

Appears in 2 contracts

Samples: Lenders’ Remedies Agreement, Remedies Agreement

Authority Obligations. Except as specifically provided for in this Agreement and the Insurance Trust Agreement, the Authority has no obligations (whether express, implied, collateral or otherwise) to the Indenture Agent, the Security Trustee or the Senior Lenders in connection with this Agreement, the Project Agreement or the Project. All of the obligations and liabilities given, undertaken or arising on the part of the Authority under this Agreement are given solely to the Indenture Agent and the Security Trustee on behalf of the Senior Lenders and do not confer any rights on or in favour of Project Co or any Affiliate of Project Co or any other Person.

Appears in 1 contract

Samples: Remedies Agreement

Authority Obligations. Except as specifically provided for in this Agreement and the Insurance Trust Agreement, the Authority has no obligations (whether express, implied, collateral or otherwise) to the Indenture Trustee Collateral Agent or the Senior Lenders in connection with this Agreement, the Insurance Trust Agreement, the Project Agreement or the Project. All of the obligations and liabilities given, undertaken or arising on the part of the Authority under this Agreement are given solely to the Indenture Trustee Collateral Agent on behalf of the Senior Lenders and do not confer any rights on or in favour of Project Co or any Affiliate of Project Co or any other Person.

Appears in 1 contract

Samples: Lenders’ Remedies Agreement

Authority Obligations. Except as specifically provided for in this Agreement and the Insurance Trust Agreement, the Authority has no obligations (whether express, implied, collateral or otherwise) to the Indenture Agent, Security Trustee or the Senior Lenders in connection with this Agreement, the Project Agreement or the Project. All of the obligations and liabilities given, undertaken or arising on the part of the Authority under this Agreement are given solely to the Indenture Security Trustee on behalf of the Senior Lenders and do not confer any rights on or in favour of Project Co or any Affiliate of Project Co or any other Person.

Appears in 1 contract

Samples: ’ Remedies Agreement

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Authority Obligations. Except as specifically provided for in this Agreement and the Insurance Trust Agreement, the Authority has no obligations (whether express, implied, collateral or otherwise) to the Indenture Trustee Agent or the Senior Lenders in connection with this Agreement, the Project Agreement or the Project. All of the obligations and liabilities given, undertaken or arising on the part of the Authority under this Agreement are given solely to the Indenture Trustee Agent on behalf of the Senior Lenders and do not confer any rights on or in favour of Project Co or any Affiliate of Project Co or any other Person.

Appears in 1 contract

Samples: ’ Remedies Agreement

Authority Obligations. Except as specifically provided for in this Agreement and the Insurance Trust Agreement, the Authority has no obligations (whether express, implied, collateral or otherwise) to the Indenture Trustee or the Senior Lenders in connection with this Agreement, the Project Agreement or the Project. All of the obligations and liabilities given, undertaken or arising on the part of the Authority under this Agreement are given solely to the Indenture Trustee on behalf of the Senior Lenders and do not confer any rights on or in favour of Project Co or any Affiliate of Project Co or any other Person.

Appears in 1 contract

Samples: Lenders’ Remedies Agreement

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