Common use of Compliance with Senior Financing Agreements Clause in Contracts

Compliance with Senior Financing Agreements. Project Co will keep the Senior Financing Agreements in good standing and will ensure that none of the terms and conditions of the Senior Financing Agreements will prevent Project Co from performing its obligations under this Agreement. If at any time Project Co receives a notice that an “event of default”, any event entitling the Senior Lenders to enforce any security or any other similar event has occurred under the Senior Financing Agreements, Project Co will forthwith deliver to the Authority a copy of such notice.

Appears in 5 contracts

Samples: Project Agreement, Project Agreement, Project Agreement

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Compliance with Senior Financing Agreements. Project Co will keep the Senior Financing Agreements in good standing and will ensure that none of the terms and conditions of the Senior Financing Agreements will prevent Project Co from performing its obligations under this Agreement. If at any time Project Co receives a notice that an "event of default", any event entitling the Senior Lenders to enforce any security or any other similar event has occurred under the Senior Financing Agreements, Project Co will forthwith deliver to the Authority a copy of such notice.

Appears in 3 contracts

Samples: Project Agreement, Project Agreement, Project Agreement

Compliance with Senior Financing Agreements. Project Co will keep the Senior Financing Agreements in good standing and will ensure that none of the terms and conditions of the Senior Financing Agreements will prevent Project Co from performing its obligations under this Agreement. If at any time Project Co receives a notice that an "event of default", any event entitling the Senior Lenders to enforce any security or any other similar event has occurred under the Senior Financing Agreements, Project Co will forthwith deliver to the Authority a copy of such notice.

Appears in 1 contract

Samples: Project Agreement

Compliance with Senior Financing Agreements. Project Co will perform its obligations under and observe all material terms of the Senior Financing Agreements, and keep the Senior Financing Agreements in good standing and will ensure that none of the terms and conditions of the Senior Financing Agreements will prevent Project Co from performing its obligations under this Agreement. If at any time Project Co receives a notice that an "event of default", any event entitling the Senior Lenders to enforce any security or any other similar event has occurred under the Senior Financing Agreements, Project Co will forthwith deliver to the Authority a copy of such notice.

Appears in 1 contract

Samples: Project Agreement

Compliance with Senior Financing Agreements. Project Co will keep the Senior Financing Agreements in good standing and will ensure that none of the terms and conditions of the Senior Financing Agreements will prevent Project Co from performing its obligations under this Agreement. If at any time Project Co receives a notice that an "event of default", any event entitling the Senior Lenders Creditors to enforce any security or any other similar event has occurred under the Senior Financing Agreements, Project Co will forthwith deliver to the Authority BC Hydro a copy of such notice.

Appears in 1 contract

Samples: Project Agreement

Compliance with Senior Financing Agreements. Project Co will perform its obligations under and observe all material terms of the Senior Financing Agreements, and keep the Senior Financing Agreements in good standing and will ensure that none of the terms and conditions of the Senior Financing Agreements will prevent Project Co from performing its obligations under this Agreementstanding. If at any time Project Co receives a notice that an "event of default", any event entitling the Senior Lenders to enforce any security or any other similar event has occurred under the Senior Financing Agreements, Project Co will forthwith deliver to the Authority a copy of such notice.

Appears in 1 contract

Samples: Project Agreement

Compliance with Senior Financing Agreements. Project Co will keep the Senior Financing Agreements in good standing and will ensure that none of the terms and conditions of the Senior Financing Agreements will prevent Project Co from performing its obligations under this Agreement. If at any time Project Co receives a notice that an “event of default”, any event entitling the Senior Lenders to enforce any security or any other similar event has occurred under the Senior Financing Agreements, Project Co will forthwith deliver to the Authority a copy of such notice.

Appears in 1 contract

Samples: Project Agreement

Compliance with Senior Financing Agreements. Project Co will keep the Senior Financing Agreements in good standing and will ensure that none of the terms and conditions of the Senior Financing Agreements will prevent Project Co from performing its obligations under this Project Agreement. If at any time Project Co receives a notice that an “event of default”, any event entitling the Senior Lenders Secured Creditors to enforce any security or any other similar event has occurred under the Senior Financing Agreements, Project Co will forthwith promptly and in any event within 5 Business Days of receipt of such notice, deliver to the Authority a copy of such notice.

Appears in 1 contract

Samples: Project Agreement

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Compliance with Senior Financing Agreements. Project Co will keep the Senior Financing Agreements in good standing and will ensure that none of the terms and conditions of the Senior Financing Agreements will prevent Project Co from performing its obligations under this Agreement. If at any time Project Co receives a notice that an "event of default", any event entitling the Senior Lenders to enforce any security or any other similar event has occurred under the Senior Financing Agreements, Project Co will forthwith deliver to the Authority Province a copy of such notice.

Appears in 1 contract

Samples: Project Agreement

Compliance with Senior Financing Agreements. Project Co will shall keep the Senior Financing Agreements in good standing to the extent necessary to perform its obligations under this Agreement and will the Project Documents to which it is a party, and shall ensure that none of the terms and conditions of the Senior Financing Agreements will shall prevent Project Co from performing its obligations under this Agreement. If at any time Agreement or the Project Co receives Documents to which it is a notice that an “event of default”, any event entitling the Senior Lenders to enforce any security or any other similar event has occurred under the Senior Financing Agreements, Project Co will forthwith deliver to the Authority a copy of such noticeparty.

Appears in 1 contract

Samples: Project Agreement

Compliance with Senior Financing Agreements. Project Co will keep the Senior Financing Agreements in good standing and will ensure that none of the terms and conditions of the Senior Financing Agreements will prevent Project Co from performing its obligations under this Agreement. If at any time Project Co receives a notice that an “event of default”, any event entitling the Senior Lenders to enforce any security or any other similar event has occurred under the Senior Financing Agreements, Project Co will forthwith deliver to the Authority Owner a copy of such notice.

Appears in 1 contract

Samples: Project Agreement

Compliance with Senior Financing Agreements. Project Co will keep the Senior Financing Agreements in good standing and will ensure that none of the terms and conditions of the Senior Financing Agreements will prevent Project Co from performing its obligations under this Agreement. If at any time Project Co receives a notice that an "event of default", any event entitling the Senior Lenders to enforce any security security, or any other similar event has occurred under the Senior Financing Agreements, Project Co will forthwith deliver to the Authority a copy of such notice.

Appears in 1 contract

Samples: Project Agreement

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