Direct Agreement. The Buyer and the Producer acknowledge that the Lenders may require entering into a direct agreement pursuant to which the parties will agree, inter alia, the terms of their mutual cooperation in case of failure by the Producer to comply with its obligations under this Agreement. Accordingly, the Buyer and the Producer undertake to negotiate in good faith with the Lenders for the purpose of entering into such direct agreement.
Appears in 5 contracts
Samples: Renewable Power Purchase Agreement, Corporate Renewable Power Purchase Agreement, Corporate Renewable Power Purchase Agreement