Common use of Certain Rights of Power Purchaser Clause in Contracts

Certain Rights of Power Purchaser. Nothing in this Agreement shall be deemed to limit the provisions of the Consent of the Power Purchaser, which provisions are solely for the benefit of the Power Purchaser and not the Pledgor. Without limiting the scope of the foregoing, the Security Agent agrees, for the exclusive benefit of the Power Purchaser and not the Pledgor, that the exercise of remedies or any similar action under this Agreement is subject to, and shall be conducted in a manner consistent with, the Power Purchaser's rights under (i) the Consent of the Power Purchaser and (ii) the Power Purchase Agreement and the Transfer Agreement (to the extent such rights under the Power Purchase Agreement and the Transfer Agreement are not explicitly waived by the Power Purchaser in accordance with the terms of the Consent of the Power Purchaser).

Appears in 3 contracts

Samples: Limited Partner Pledge Agreement (Panda Interfunding Corp), Stock Pledge Agreement (Panda Interfunding Corp), General Partner Pledge Agreement (Panda Interfunding Corp)

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Certain Rights of Power Purchaser. Nothing in this General Partner Pledge Agreement shall be deemed to limit the provisions of the Consent of the Power Purchaser, which provisions are solely for the benefit of the Power Purchaser and not the Pledgor. Without limiting the scope of the foregoing, the Security Agent agrees, for the exclusive benefit of the Power Purchaser and not the Pledgor, that the exercise of remedies or any similar action under this General Partner Pledge Agreement is subject to, and shall be conducted in a manner consistent with, the Power Purchaser's rights under (i) the Consent of the Power Purchaser and (ii) the Power Purchase Agreement and the Transfer Agreement (to the extent such rights under the Power Purchase Agreement and the Transfer Agreement are not explicitly waived by the Power Purchaser in accordance with the terms of the Consent of the Power Purchaser).

Appears in 1 contract

Samples: General Partner Pledge Agreement (Panda Interfunding Corp)

Certain Rights of Power Purchaser. Nothing in this Agreement shall be deemed to limit the provisions of the Consent of the Power Purchaser, which provisions are solely for the benefit of the Power Purchaser and not the PledgorPartnership. Without limiting the scope of the foregoing, the Security Agent agreesparties hereto agree, for the exclusive benefit of the Power Purchaser and not the PledgorPartnership, that the exercise of remedies or any similar action under this Agreement is subject to, and shall be conducted in a manner consistent with, the Power Purchaser's rights under (i) the Consent of the Power Purchaser and (ii) the Power Purchase Agreement and the Transfer Agreement (to the extent such rights under the Power Purchase Agreement and the Transfer Agreement are not explicitly waived by the Power Purchaser in accordance with the terms of the Consent of the Power Purchaser).

Appears in 1 contract

Samples: Letter of Credit Reimbursement Agreement (Panda Interfunding Corp)

Certain Rights of Power Purchaser. Nothing in this Security Agreement shall be deemed to limit the provisions of the Consent of the Power Purchaser, which provisions are solely for the benefit of the Power Purchaser and not the PledgorPartnership. Without limiting the scope of the foregoing, the Security Agent agrees, for the exclusive benefit of the Power Purchaser and not the PledgorPartnership, that the exercise of remedies or any similar action under this Security Agreement is subject to, and shall be conducted in a manner consistent with, the Power Purchaser's rights under (i) the Consent of the Power Purchaser and (ii) the Power Purchase Agreement and the Transfer Agreement (to the extent such rights under the Power Purchase Agreement and the Transfer Agreement are not explicitly waived by the Power Purchaser in accordance with the terms of the Consent of the Power Purchaser).

Appears in 1 contract

Samples: Security Agreement (Panda Interfunding Corp)

Certain Rights of Power Purchaser. Nothing in this Security Deposit Agreement shall be deemed to limit the provisions of the Consent of the Power Purchaser, which provisions are solely for the benefit of the Power Purchaser and not the PledgorPartnership. Without limiting the scope of the foregoing, the Security Agent agrees, for the exclusive benefit of the Power Purchaser and not the PledgorPartnership, that the exercise of remedies or any similar action under this Security Deposit Agreement is subject to, and shall be conducted in a manner consistent with, the Power Purchaser's rights under (i) the Consent of the Power Purchaser and (ii) the Power Purchase Agreement and the Transfer Agreement (to the extent such rights under the Power Purchase Agreement and the Transfer Agreement are not explicitly waived by the Power Purchaser in accordance with the terms of the Consent of the Power Purchaser).

Appears in 1 contract

Samples: Security Deposit Agreement (Panda Interfunding Corp)

Certain Rights of Power Purchaser. Nothing in this Limited Partner Pledge Agreement shall be deemed to limit the provisions of the Consent of the Power Purchaser, which provisions are solely for the benefit of the Power Purchaser and not the Pledgor. Without limiting the scope of the foregoing, the Security Agent agrees, for the exclusive benefit of the Power Purchaser and not the Pledgor, that the exercise of remedies or any similar action under this Limited Partner Pledge Agreement is subject to, and shall be conducted in a manner consistent with, the Power Purchaser's rights under (i) the Consent of the Power Purchaser and (ii) the Power Purchase Agreement and the Transfer Agreement (to the extent such rights under the Power Purchase Agreement and the Transfer Agreement are not explicitly waived by the Power Purchaser in accordance with the terms of the Consent of the Power Purchaser).

Appears in 1 contract

Samples: Limited Partner Pledge Agreement (Panda Interfunding Corp)

Certain Rights of Power Purchaser. Nothing in this Stock Pledge Agreement shall be deemed to limit the provisions of the Consent of the Power Purchaser, which provisions are solely for the benefit of the Power Purchaser and not the Pledgor. Without limiting the scope of the foregoing, the Security Agent agrees, for the exclusive benefit of the Power Purchaser and not the Pledgor, that the exercise of remedies or any similar action under this Stock Pledge Agreement is subject to, and shall be conducted in a manner consistent with, the Power Purchaser's rights under (i) the Consent of the Power Purchaser and (ii) the Power Purchase Agreement and the Transfer Agreement (to the extent such rights under the Power Purchase Agreement and the Transfer Agreement are not explicitly waived by the Power Purchaser in accordance with the terms of the Consent of the Power Purchaser).

Appears in 1 contract

Samples: Stock Pledge Agreement (Panda Interfunding Corp)

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Certain Rights of Power Purchaser. Nothing in this Security Agreement shall be deemed to limit the provisions of the Consent of the Power Purchaser, which provisions are solely for the benefit of the Power Purchaser and not the PledgorPartnership. Without limiting the scope of the foregoing, the Security Agent agrees, for the exclusive benefit of the Power Purchaser and not the PledgorPartnership, that the exercise of remedies or any similar action under this Security Agreement is subject to, and shall be conducted in a manner consistent with, the Power Purchaser's Purchasers rights under (i) the Consent of the Power Purchaser and (ii) the Power Purchase Agreement and the Transfer Agreement (to the extent such rights under the Power Purchase Agreement and the Transfer Agreement are not explicitly waived by the Power Purchaser in accordance with the terms of the Consent of the Power Purchaser).

Appears in 1 contract

Samples: Security Agreement (Panda Interfunding Corp)

Certain Rights of Power Purchaser. Nothing in this Agreement Facility Lease shall be deemed to limit the provisions of the Consent of the Power Purchaser, which provisions are solely for the benefit of the Power Purchaser and not the PledgorLessee. Without limiting the scope of the foregoing, the Security Agent Lessor agrees, for the exclusive benefit of the Power Purchaser and not the PledgorLessee, that the exercise of remedies or any similar action under this Agreement Facility Lease is subject to, and shall be conducted in a manner consistent with, the Power Purchaser's rights under (i) the Consent of the Power Purchaser and (ii) the Power Purchase Agreement and the Transfer Agreement (to the extent such rights under the Power Purchase Agreement and the Transfer Agreement are not explicitly waived by the Power Purchaser in accordance with the terms of the Consent of the Power Purchaser).

Appears in 1 contract

Samples: Facility Lease (Panda Interfunding Corp)

Certain Rights of Power Purchaser. Nothing in this Security Deposit Agreement shall be deemed to limit the provisions of the Consent of the Power Purchaser, which provisions are solely for the benefit of the Power Purchaser and not the PledgorLessee. Without limiting the scope of the foregoing, the Security Agent agrees, for the exclusive benefit of the Power Purchaser and not the PledgorLessee, that the exercise of remedies or any similar action under this Security Deposit Agreement is subject to, and shall be conducted in a manner consistent with, the Power Purchaser's rights under (i) the Consent of the Power Purchaser and (ii) the Power Purchase Agreement and the Transfer Agreement (to the extent such rights under the Power Purchase Agreement and the Transfer Agreement are not explicitly waived by the Power Purchaser in accordance with the terms of the Consent of the Power Purchaser).

Appears in 1 contract

Samples: Security Deposit Agreement (Panda Interfunding Corp)

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