Common use of Material Project Agreements Clause in Contracts

Material Project Agreements. (i) A list of each Material Project Agreement existing on the Closing Date, is attached as Schedule H (Material Project Agreements and Certain Other Contracts) hereto. The Schedule contains details of all amendments, amendments and restatements, supplements, waivers and interpretations modifying or clarifying any of the above. True, correct and complete copies of each of the aforementioned contracts have been delivered to the Intercreditor Agent and certified by the Borrower; (ii) To the Knowledge of each Obligor, all Material Project Agreements are in full force and effect; (iii) As of the Closing Date, no material default or event of default of any Obligor and, to the Knowledge of each Obligor, no material default or event of default of any counterparty exists under any Material Project Agreement; (iv) To the Knowledge of each Obligor, as of the Closing Date, the representations and warranties of the Material Project Counterparties under the Material Project Agreements are true and accurate in all material respects; (v) As of the Closing Date, no (A) event of force majeure (as defined under the applicable Material Project Agreement) in respect of which a Material Project Counterparty has sought or would reasonably be expected to seek relief from performance under a Material Project Agreement has occurred and is continuing under any Material Project Agreement or (B) other circumstance exists that would entitle a Material Project Counterparty to terminate a Material Project Agreement or suspend its performance thereunder has occurred and is continuing; and (vi) None of the Material Project Agreements has been terminated or otherwise amended, modified, supplemented, transferred, impaired or, to the applicable Obligor’s Knowledge, assigned, in each case except as permitted under Section 8.3 (Amendment of LNG SPAs), Section 12.5(c) (Material Project Agreements), Section 12.5(d) (Material Project Agreements) or Section 12.29(c) (Certain Real Property Rights; Real Property Documents; Leases).

Appears in 2 contracts

Samples: Common Terms Agreement (Venture Global, Inc.), Common Terms Agreement (Venture Global, Inc.)

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Material Project Agreements. (i) A list of each Material Project Agreement existing on the Upsize Closing Date, is attached as Schedule H (Material Project Agreements and Certain Other Contracts) hereto. The Schedule contains details of all amendments, amendments and restatements, supplements, waivers and interpretations modifying or clarifying any of the above. True, correct and complete copies of each of the aforementioned contracts have been delivered to the Intercreditor Agent and certified by the Borrower; (ii) To the Knowledge of each Obligor, all Material Project Agreements are in full force and effect; (iii) As of the Upsize Closing Date, no material default or event of default of any Obligor and, to the Knowledge of each Obligor, no material default or event of default of any counterparty exists under any Material Project Agreement; (iv) To the Knowledge of each Obligor, as of the Upsize Closing Date, the representations and warranties of the Material Project Counterparties under the Material Project Agreements are true and accurate in all material respects; (v) As of the Upsize Closing Date, no (A) except as set forth on Schedule H (Material Project Agreements and Certain Other Contracts), no event of force majeure (as defined under the applicable Material Project Agreement) in respect of which a Material Project Counterparty has sought or would reasonably be expected to seek relief from performance under a Material Project Agreement has occurred and is continuing under any Material Project Agreement or (B) no other circumstance exists that would entitle a Material Project Counterparty to terminate a Material Project Agreement or suspend its performance thereunder has occurred and is continuing; and (vi) None Except as set forth on Schedule H (Material Project Agreements and Certain Other Contracts) hereto, none of the Material Project Agreements has been terminated or otherwise amended, modified, supplemented, transferred, impaired or, to the applicable Obligor’s Knowledge, assigned, in each case except as permitted under Section 8.3 (Amendment of LNG SPAs), Section 12.5(c) (Material Project Agreements), Section 12.5(d) (Material Project Agreements) or Section 12.29(c) (Certain Real Property Rights; Real Property Documents; Leases).

Appears in 2 contracts

Samples: Common Terms Agreement (Venture Global, Inc.), Common Terms Agreement (Venture Global, Inc.)

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