Cure of Bankruptcy Rejection Sample Clauses

Cure of Bankruptcy Rejection. Upon any rejection or other termination of this Agreement pursuant to any process undertaken with respect to Provider under the United States Bankruptcy Code, at the request of Financing Party made within ninety (90) days of such termination or rejection, Host shall enter into a new agreement with Financing Party or its assignee having substantially the same terms and conditions as this Agreement.
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Cure of Bankruptcy Rejection. Upon any rejection or other termination of this Agreement pursuant to any process undertaken with respect to Seller under the United States Bankruptcy Code, at the request of Lender made within ninety (90) days of such termination or rejection, Buyer may, in Buyer’s complete discretion, elect to enter into a new agreement with Lender or its assignee having substantially the same terms and conditions as this Agreement.
Cure of Bankruptcy Rejection. Upon any rejection or other termination of this Agreement pursuant to any process undertaken with respect to Tenant under the United States Bankruptcy Code, at the request of Financing Party made within ninety (90) days of such termination or rejection, Town shall enter into a new agreement with Financing Party or its assignee on the same terms and conditions of the Agreement and for the period that would have been remaining under the Agreement but for such termination, provided that the Financing Party has delivered reasonable proof to the Town that it or its assignee, if any, has owned or operated (either directly or pursuant to a contract with a qualified operator) ground mounted solar photovoltaic generation and/or battery energy storage equipment.] [Right to Cure. ] (A) [Cure Period. Town will not exercise any right to terminate or suspend this Agreement unless it shall have given the Financing Party a copy of Town’s prior written notice to Tenant of its intent to terminate or suspend this Agreement, as required by this Agreement, specifying the condition giving rise to such right, and the Financing Party shall not have caused to be cured the condition giving rise to the right of termination or suspension within thirty (30) days after such notice or (if longer) the periods provided for in this Agreement; provided that if such Tenant default reasonably cannot be cured by the Financing Party within such period and the Financing Party commences and diligently and continuously pursues cure of such default within such period, such period for cure will be extended for a reasonable period of time under the circumstances, such period not to exceed an additional thirty (30) days. The Partiesrespective obligations will otherwise remain in effect during any cure period. ]
Cure of Bankruptcy Rejection. Upon any rejection or other termination of this Agreement pursuant to any process undertaken with respect to Provider under the United States Bankruptcy Code, at the request of Financing Party "Financing Party" means a Project Lessor or Lender. made within ninety (90) days of such termination or rejection, Host shall enter into a new agreement with Financing Party or its assignee having substantially the same terms and conditions as this Agreement . [(21a,ii,D) Xxxxx’s financing partner may require the customer to enter into a new contract with it if Tioga goes bankrupt and, in its bankruptcy, Tioga terminates the agreement. The new contract will be on the same terms as the original PPA. This assures the financing parties that it will be able to rescue this contract in order to generate revenue from the system to repay the loan needed to build it.]
Cure of Bankruptcy Rejection. Upon any rejection or other termination of this Lease pursuant to any process undertaken with respect to Lessee under the United States Bankruptcy Code, at the request of Financier made within forty-five (45) days of such termination or rejection, Lessor shall enter into a new agreement with Financier or its assignee having substantially the same terms and conditions as this Lease.

Related to Cure of Bankruptcy Rejection

  • Involuntary Bankruptcy, etc If an Insolvency Proceeding is commenced against a Loan Party or any of its Subsidiaries and any of the following events occur: (a) such Loan Party or such Subsidiary consents to the institution of such Insolvency Proceeding against it, (b) the petition commencing the Insolvency Proceeding is not timely controverted, (c) the petition commencing the Insolvency Proceeding is not dismissed within 60 calendar days of the date of the filing thereof, (d) an interim trustee is appointed to take possession of all or any substantial portion of the properties or assets of, or to operate all or any substantial portion of the business of, such Loan Party or its Subsidiary, or (e) an order for relief shall have been issued or entered therein;

  • Notice of IRS or TWC Insolvency Grantee will send notice to the SUD email box, XxxxxxxxxXxxxx.Xxxxxxxxx@xxxx.xxxxx.xx.xx, their insolvency, incapacity or outstanding unpaid obligations to the Internal Revenue Service (IRS) or Texas Workforce Commission (TWC) within five (5) days of the date of becoming aware of such.

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