Financing of Lump Sum Payment Amounts. If the Authority is obligated to compensate, reimburse or otherwise pay Project Co and exercises its discretion to do so by a lump sum payment in accordance with Section 10.1 (Payments), at the Authority’s request Project Co will use all reasonable efforts to obtain the financing required to make such payment on the best terms reasonably available and, to the extent that Project Co is able to obtain such financing, there will be a corresponding increase made to the Service Payments in accordance with Section 10.3 (Adjustments to Service Payments). The Authority will:
Appears in 6 contracts
Samples: Project Agreement, Project Agreement, Project Agreement
Financing of Lump Sum Payment Amounts. If by the terms of this Agreement the Authority is obligated to compensate, reimburse or otherwise pay Project Co and exercises its discretion to do so by in a lump sum payment in accordance with Section 10.1 (Payments)payment, at the Authority’s request Project Co will use all reasonable efforts to obtain the financing required to make such payment on the best terms reasonably available and, to the extent that Project Co is able to obtain such financing, there will be a corresponding increase made to the Service Payments in accordance with Section 10.3 (Adjustments to Service Payments). The Authority will:
Appears in 5 contracts
Samples: Project Agreement, Project Agreement, Project Agreement
Financing of Lump Sum Payment Amounts. If the Authority is obligated to compensate, reimburse or otherwise pay Project Co and exercises its discretion not to do so by a lump sum payment in accordance with Section 10.1 (Payments)10.1, at the Authority’s request request, Project Co will use all commercially reasonable efforts to obtain the financing required to make such payment on the best terms reasonably available and, to the extent that Project Co is able to obtain such financing, there will be a corresponding increase made to the Service Availability Payments in accordance with Section 10.3 (Adjustments to Service Payments)10.3. The Authority will:
Appears in 1 contract
Samples: Project Agreement
Financing of Lump Sum Payment Amounts. If the Authority is obligated to compensate, reimburse or otherwise pay Project Co and exercises its discretion to do so by a lump sum payment in accordance with Section 10.1 (Payments), at the Authority’s request Project Co will use all reasonable efforts to obtain the financing required to make such payment on the best terms reasonably available and, to the extent that Project Co is able to obtain such financing, there will be a corresponding increase made to the Service Payments in accordance with Section 10.3 (Adjustments to Service Payments). The Authority will:
Appears in 1 contract
Samples: Project Agreement
Financing of Lump Sum Payment Amounts. If the Authority is obligated to compensate, reimburse or otherwise pay Project Co and exercises its discretion to do so by in a lump sum payment in accordance with Section 10.1 (Payments)10.1, at the Authority’s request Project Co will use all reasonable efforts to obtain the financing required to make such payment on the best terms reasonably available and, to the extent that Project Co is able to obtain such financing, there will be a corresponding increase made to the Service Payments in accordance with Section 10.3 (Adjustments to Service Payments). The Authority will:
Appears in 1 contract
Samples: Project Agreement
Financing of Lump Sum Payment Amounts. If the Authority Owner is obligated to compensate, reimburse or otherwise pay Project Co and exercises its discretion to do so by a lump sum payment in accordance with Section 10.1 (Payments), at the AuthorityOwner’s request Project Co will use all reasonable efforts to obtain the financing required to make such payment on the best terms reasonably available and, to the extent that Project Co is able to obtain such financing, there will be a corresponding increase made to the Service Payments Contract Price payable to Project Co in accordance with Section 10.3 (Adjustments to Service Schedule 8 [Payments)]. The Authority Owner will:
Appears in 1 contract
Samples: Project Agreement
Financing of Lump Sum Payment Amounts. If by the terms of this Agreement the Authority is obligated to compensate, reimburse or otherwise pay Project Co and exercises its discretion to do so by in a lump sum payment in accordance with Section 10.1 (Payments)payment, at the Authority’s request Project Co will use all reasonable efforts to obtain the financing required to make such payment on the best terms reasonably available and, to the extent that Project Co is able to obtain such financing, there will be a corresponding increase made to the Service Payments in accordance with Section 10.3 ([Adjustments to Service Payments)]. The Authority will:
Appears in 1 contract
Samples: Project Agreement