Common use of IN AND STEP-OUT Clause in Contracts

IN AND STEP-OUT. 3.1 Step-In Notice 4 3.2 Lenders’ Step-in Rights 4 3.3 Notice of Obligations and Step-In Undertaking 5 3.4 Update of Obligations 5 3.5 Delivery of Step-In Undertaking. 5 3.6 Limits on Authority Liability on Step-In 6 3.7 Non-Delivery of the Step-In Undertaking 6 3.8 Effect of Step-In Undertaking 6 3.9 Step-Out 6 3.10 Effect of Step-Out 6 3.11 Payment by Project Co 7

Appears in 3 contracts

Samples: Material Project Contractor Collateral Agreement, Material Project Contractor Collateral Agreement, Material Project Contractor Collateral Agreement

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IN AND STEP-OUT. 3.1 Step-In Notice 4 3.2 Lenders’ Step-in Rights 4 3.3 Notice of Obligations and Step-In Undertaking 5 3.4 Update of Obligations 5 3.5 Delivery of Step-In Undertaking. Undertaking 5 3.6 Limits on Authority Liability on Step-In 6 3.7 Non-Delivery of the Step-In Undertaking 6 3.8 Effect of Step-In Undertaking 6 3.9 Step-Out 6 3.10 Effect of Step-Out 6 3.11 Payment by Project Co 7

Appears in 2 contracts

Samples: Material Contract Party Collateral Agreement, Material Project Contractor Collateral Agreement

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IN AND STEP-OUT. 3.1 Step-In Notice 4 3.2 Lenders’ Step-in Rights 45 3.3 Notice of Obligations and Step-In Undertaking 5 3.4 Update of Obligations 5 3.5 Delivery of Step-In Undertaking. Undertaking 5 3.6 Limits on Authority Liability on Step-In 6 3.7 Non-Delivery of the Step-In Undertaking 6 3.8 Effect of Step-In Undertaking 6 3.9 Step-Out 6 3.10 Effect of Step-Out 67 3.11 Payment by Project Co 7

Appears in 1 contract

Samples: Material Project Contractor Collateral Agreement

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