Costs of Request for Consent. If Project Co requests consent to an assignment, transfer or disposition pursuant to Section 16.1 or to a Change in Control pursuant to Section 16.2, Project Co will pay the Authority’s reasonable internal administrative and personnel costs and all reasonable out-of-pocket costs in connection with considering any such request. At the time of such request, Project Co will make a payment to the Authority in the amount of $35,000 (Index Linked) against its obligation under this Section 16.5. After the Authority renders its decision, the Authority will either refund any over payment or invoice Project Co for any additional amounts owing under this Section 16.5 and Project Co will promptly pay such amount to the Authority.
Appears in 5 contracts
Samples: Project Agreement, Project Agreement, Project Agreement
Costs of Request for Consent. If Project Co requests consent to an assignment, transfer or disposition pursuant to Section 16.1 or to a Change in Control pursuant to Section 16.2, Project Co will pay the Authority’s reasonable internal administrative and personnel costs and all reasonable out-of-pocket costs in connection with considering any such request. At the time of such request, the request Project Co will make a payment to the Authority in the amount against its obligation under this Section 16.5 of $35,000 (Index Linked) against its obligation under this Section 16.5). After the decision of the Authority renders its decisionis rendered, the Authority will either refund any over payment or invoice Project Co for any additional amounts owing due under this Section 16.5 and Project Co will promptly pay such amount to the Authority16.5.
Appears in 4 contracts
Samples: Project Agreement, Project Agreement, Project Agreement
Costs of Request for Consent. If Project Co requests consent to an assignment, transfer or disposition pursuant to Section 16.1 or to a Change in Control pursuant to Section 16.2, Project Co will pay the Authority’s reasonable internal administrative and personnel costs and all reasonable out-of-pocket costs in connection with considering any such request. At the time of such request, Project Co will make a payment to the Authority in the amount of $35,000 (Index Linked) against its obligation under this Section 16.5. After the Authority renders its decision, the Authority will either refund any over payment or invoice Project Co for any additional amounts owing under this Section 16.5 and Project Co will promptly pay such amount to the Authority.
Appears in 2 contracts
Samples: Project Agreement, Project Agreement
Costs of Request for Consent. If Project Co requests consent to an assignment, transfer or disposition a proposed course of action pursuant to Section 16.1 or to a Change in Control pursuant to Section 16.24.6 (Material Contracts), Project Co will pay pay, without duplication, the Authority’s reasonable internal administrative and personnel costs and all reasonable out-of-pocket costs in connection with considering any such request. At the time of such request, Project Co will make a payment to the Authority in the amount of $35,000 (Index Linked) 15,000 against its obligation obligations under this Section 16.54.7. After the Authority renders its decision, the Authority will either refund any over payment overpayment or invoice Project Co for any additional amounts owing under this Section 16.5 4.7 and Project Co will promptly pay such amount to the Authority.
Appears in 1 contract
Samples: Project Agreement
Costs of Request for Consent. If Project Co requests consent to an assignment, transfer or disposition pursuant to Section 16.1 or to a Change in Control pursuant to Section 16.2, Project Co will pay the Authority’s reasonable internal administrative and personnel costs and all reasonable out-of-pocket costs in connection with considering any such request. At the time of such request, Project Co will make a payment to the Authority in the amount of $35,000 10,000 (Index Linked) against its obligation under this Section 16.5. After the Authority renders its decision, the Authority will either refund any over payment or invoice Project Co for any additional amounts owing under this Section 16.5 and Project Co will promptly pay such amount to the Authority.
Appears in 1 contract
Samples: Project Agreement