Effect of Step-In Undertaking. During any Step-in Period, the Material Project Contractor will continue to observe and perform its duties and obligations under the Material Contract and will only be entitled to exercise its rights of termination under the Material Contract:
Appears in 13 contracts
Samples: Project Contractor Collateral Agreement, Project Contractor Collateral Agreement, Project Contractor Collateral Agreement
Effect of Step-In Undertaking. During any Step-in Period, the Material Project Contractor will continue to observe and perform its duties and obligations under the Material Project Contract (subject to the terms thereof, including any maximum liability provisions contained therein) and will only be entitled to exercise its rights of termination under the Material Project Contract:
Appears in 2 contracts
Samples: Project Agreement, Project Agreement