Expiry of Step-In Period. Upon the termination or expiry of the Step-In Period: (a) the rights of the Authority against the Appointed Representative and the rights of the Appointed Representative against the Authority will be cancelled; and (b) the Authority will no longer deal with the Appointed Representative and will deal with Project Co in connection with the Project Agreement.
Appears in 9 contracts
Samples: Lenders’ Remedies Agreement, Lenders’ Remedies Agreement, Lenders’ Remedies Agreement
Expiry of Step-In Period. Upon the termination or expiry of the Step-In Period:
(a) the rights of the Authority against the Appointed Representative and the rights of the Appointed Representative against the Authority will be cancelled; and
(b) the Authority will no longer deal with the Appointed Representative and will deal with Project Co in connection with the Project Agreement.
Appears in 4 contracts
Samples: Lenders’ Remedies Agreement, Lenders’ Remedies Agreement, Lenders’ Remedies Agreement
Expiry of Step-In Period. Upon the termination or expiry of the Step-In Period:
(a) the rights of the Authority Owner against the Appointed Representative and the rights of the Appointed Representative against the Authority Owner will be cancelled; and
(b) the Authority Owner will no longer deal with the Appointed Representative and will deal with Project Co in connection with the Project Agreement.
Appears in 1 contract
Samples: Lenders’ Remedies Agreement