Fuel Consultant Sample Clauses
The Fuel Consultant clause designates a specific individual or firm to provide expert advice and services related to fuel procurement, management, or quality control within a contract. Typically, this clause outlines the consultant’s responsibilities, such as advising on fuel sourcing, monitoring fuel quality, or ensuring compliance with relevant regulations. By clearly defining the consultant’s role and scope of authority, the clause helps ensure that fuel-related decisions are informed by specialized expertise, thereby reducing risks associated with fuel supply and quality.
Fuel Consultant. For purposes of this Agreement, the "Fuel Consultant" shall be Pace Global Energy Services, LLC or such other replacement fuel consulting firm selected in accordance with this Section 10.1. Borrower or the Majority Banks may remove the Fuel Consultant in the event that such Fuel Consultant (a) ceases to be a fuel consulting firm of recognized international standing, (b) has become an Affiliate of NEG or (c) has developed a conflict of interest that reasonably calls into question such firm's capacity to exercise independent judgment. If the Fuel Consultant is removed or resigns and thereby ceases to act as Fuel Consultant for purposes of this Agreement, the Majority Banks and Borrower shall, within 30 days of such removal or resignation, jointly designate a replacement fuel consulting firm from the list contained in Exhibit O hereto and, thereafter, Administrative Agent shall promptly notify the Banks and the Lender Group Agents on behalf of their respective Lender Groups of such designation. At any time and from time to time, the Majority Banks shall have the right to add to Exhibit O hereto one or more independent fuel consulting firms and shall notify Borrower and the Banks of any such addition. Exhibit O hereto shall automatically be deemed amended to reflect such addition unless, within 30 days of such notification, Borrower notifies Administrative Agent that it objects, on the basis of the criteria set out in clauses (a) through (c) above for removal of the Fuel Consultant, to the firm or firms so added. At any time while the Obligations are outstanding, Administrative Agent, the Arrangers, the Banks and the Lender Group Members shall have the right, but shall not be obligated (other than as expressly provided herein or in the other Credit Documents), to consult with the Fuel Consultant on matters related to this Agreement or any other Credit Document. All reasonable fees and expenses of the Fuel Consultant (whether the original one or replacements) shall be paid by Borrower.
Fuel Consultant. For purposes of this Agreement, the "Fuel Consultant" shall be Pace Global Energy Services, LLC or such other replacement consulting fuel firm selected in accordance with this Section 10.1.