Contracting Parties Assignment. (a) The Contracting Parties shall not sell, assign, transfer, charge, mortgage, encumber, dispose of or otherwise alienate all or any part of any interest, whether legal or beneficial, in this Project Agreement, the Construction Contract or any other Implementing Agreement without the prior written consent of Hospital, which consent may be unreasonably withheld or delayed. (b) Section 6.1(a) shall not apply to: (i) the grant of security or any other interest to Lender under any of the Lending Agreements or any agreement collateral thereto between Lender and Contractor; or (ii) any subcontract or any sub-subcontract entered into by Project Co or the Contractor or their subcontractors in connection with the Project.
Appears in 3 contracts
Samples: Project Agreement, Project Agreement, Project Agreement
Contracting Parties Assignment. (a) The Contracting Parties shall not sell, assign, transfer, charge, mortgage, encumber, dispose of or otherwise alienate all or any part of any interest, whether legal or beneficial, in this Project Agreement, the Construction Contract or any other Implementing Agreement without the prior written consent of Hospital, which consent may be unreasonably withheld or delayed.
(b) Section 6.1(a) shall not apply to:
(i) the grant of security or any other interest to Lender under any of the Lending Agreements or any agreement collateral thereto between Lender and ContractorAgreements; or
(ii) any subcontract or any sub-subcontract entered into by Project Co or the Contractor or their subcontractors in connection with the Project.
Appears in 1 contract
Samples: Project Agreement
Contracting Parties Assignment. (a) The Contracting Parties shall not sell, assign, transfer, charge, mortgage, encumber, dispose of or otherwise alienate all or any part of any interest, whether legal or beneficial, in this Project Agreement, the Construction Contract or any other Implementing Agreement without the prior written consent of HospitalOIPC, which consent may be unreasonably withheld or delayed.
(b) Section 6.1(a) shall not apply to:
(i) the grant of security or any other interest to Lender under any of the Lending Agreements or provided that any agreement collateral thereto between Lender and Contractorgrantee of such security shall enter into the Lender's Direct Agreement; or
(ii) any subcontract or any sub-subcontract entered into by Project Co or the Contractor Contracting Parties or their subcontractors in connection with the Project.
Appears in 1 contract
Samples: Project Agreement
Contracting Parties Assignment. (a) The Contracting Parties shall not sell, assign, transfer, charge, mortgage, encumber, dispose of or otherwise alienate all or any part of any interest, whether legal or beneficial, in this Project Agreement, the Construction Contract or any other Implementing Agreement without the prior written consent of Hospital, which consent may be unreasonably withheld or delayed.
(b) Section 6.1(a6.1
(a) shall not apply to:
(i) the grant of security or any other interest to Lender under any of the Lending Agreements or any agreement collateral thereto between Lender and Contractor; or
(ii) any subcontract or any sub-subcontract entered into by Project Co or the Contractor or their subcontractors in connection with the Project.
Appears in 1 contract
Samples: Project Agreement
Contracting Parties Assignment. (a) The Contracting Parties shall not sell, assign, transfer, charge, mortgage, encumber, dispose of or otherwise alienate all or any part of any interest, whether legal or beneficial, in this Project Agreement, the Construction Contract or any other Implementing Agreement without the prior written consent of Hospital, which consent may be unreasonably withheld or delayed.
(b) Section 6.1(a) shall not apply to:
(i) the grant of security or any other interest to Lender under any of the Lending Agreements or provided that any agreement collateral thereto between Lender and Contractorgrantee of such security shall enter into the Lender’s Direct Agreement; or
(ii) any subcontract or any sub-subcontract entered into by Project Co or the Contractor or their subcontractors in connection with the Project.
Appears in 1 contract
Samples: Project Agreement
Contracting Parties Assignment. (a) The Contracting Parties shall not sell, assign, transfer, charge, mortgage, encumber, dispose of or otherwise alienate all or any part of any interest, whether legal or beneficial, in this Project Agreement, the Construction Contract or any other Implementing Agreement without the prior written consent of Hospital, which consent may be unreasonably withheld or delayed.
(b) Section 6.1(a) shall not apply to:
(i) the grant of security or any other interest to Lender under any of the Lending Agreements or provided that any agreement collateral thereto between Lender and Contractorgrantee of such security shall enter into the Lender’s Direct Agreement; or
(ii) any subcontract or any sub-subcontract entered into by Project Co or the Contractor or their its subcontractors in connection with the Project.
Appears in 1 contract
Samples: Project Agreement
Contracting Parties Assignment. (a) The Contracting Parties shall not sell, assign, transfer, charge, mortgage, encumber, dispose of or otherwise alienate all or any part of any interest, whether legal or beneficial, in this Project Agreement, the Construction Contract or any other Implementing Agreement without the prior written consent of Hospital, which consent may be unreasonably withheld or delayed.
(b) Section 6.1(a6.1 (a) shall not apply to:
(i) the grant of security or any other interest to Lender Trustee under any of the Lending Funding Agreements or any agreement collateral thereto between Lender Trustee and Contractor; or
(ii) any subcontract or any sub-subcontract entered into by Project Co or the Contractor or their subcontractors in connection with the Project.
Appears in 1 contract
Samples: Project Agreement
Contracting Parties Assignment. (a) The Contracting Parties shall not sell, assign, transfer, charge, mortgage, encumber, dispose of or otherwise alienate all or any part of any interest, whether legal or beneficial, in this Project Agreement, the Construction Contract or any other Implementing Agreement without the prior written consent of Hospital, which consent may be unreasonably withheld or delayed.
(b) Section 6.1(a6.1 (a) shall not apply to:
(i) the grant of security or any other interest to Lender under any of the Lending Agreements or any agreement collateral thereto between Lender and Contractor; or
(ii) any subcontract or any sub-subcontract entered into by Project Co or the Contractor or their subcontractors in connection with the Project.
Appears in 1 contract
Samples: Project Agreement