Common use of County to Ensure Project remains in the Park during the Credit Period Clause in Contracts

County to Ensure Project remains in the Park during the Credit Period. The County agrees to use its best efforts to ensure that the Project will remain in the Park during the Credit Period. If, for any reason, the Park Agreement is modified, or otherwise terminated, then the County shall use its best efforts to ensure that the Project shall be immediately placed into another multi-county park arrangement to which the County is party and that would enable the Company to receive the SSRC benefits set forth in this Amended Agreement. To the extent that no multi-county park arrangement exists to which the County is a party, then the County agrees to use its best efforts to make arrangements with the Company to offer a legally available alternative arrangement that would deliver the same value of the benefits as the SSRC benefits set forth in this Amended Agreement during the remainder of the Credit Period.

Appears in 2 contracts

Samples: Credit Agreement, Credit Agreement

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County to Ensure Project remains in the Park during the Credit Period. The County agrees to use its best efforts to ensure that the Project will remain in the Park during the Credit Period. If, for any reason, the Park Agreement is modified, or otherwise terminated, then the County shall use its best efforts to ensure that the Project shall be immediately placed into another multi-county park arrangement to which the County is party and that would enable the Company to receive the SSRC benefits set forth in this Amended Agreement. To the extent that no multi-county park arrangement exists to which the County is a party, then the County agrees to use its best efforts to make arrangements with the Company to offer a legally available alternative arrangement that would deliver the same value of the benefits as the SSRC benefits set forth in this Amended Agreement during the remainder of the Credit Period.

Appears in 2 contracts

Samples: Infrastructure Credit Agreement, Infrastructure Credit Agreement

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County to Ensure Project remains in the Park during the Credit Period. The County agrees to use its best efforts to ensure that the Project will remain in the Park during the Credit Periodterm of the Fee Agreement. If, for any reason, the Park Agreement is modified, or otherwise terminated, then the County shall use its best efforts to ensure that the Project shall be immediately placed into another multi-county park arrangement to which the County is party and that would enable the Company to receive the SSRC Infrastructure Credit benefits set forth in this Amended Agreement. To the extent that no multi-county park arrangement exists to which the County is a party, then the County agrees to use its best efforts to make arrangements with the Company to offer a legally available alternative arrangement that would deliver the same value of the benefits as the SSRC Infrastructure Credit benefits set forth in this Amended Agreement during the remainder of the Credit Period.

Appears in 1 contract

Samples: Infrastructure Credit Agreement

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