Common use of Minimum Notice Period Clause in Contracts

Minimum Notice Period. If, pursuant to applicable law, prior notice of any such action set forth above is required to be given to Borrower or any Project Company, Borrower and applicable Project Company hereby acknowledge and agree that the minimum time required by such applicable law, or if no minimum is specified, of ten (10) Business Days, shall be deemed a reasonable notice period. Security Agent shall not be obligated to make any sale of Collateral regardless of notice of sale having been given. Security Agent may adjourn any public or private sale from time to time by announcement at the time and place fixed therefor, and such sale may, without further notice, be made at the time and place to which it was so adjourned.

Appears in 4 contracts

Samples: Financing Agreement (First Wind Holdings Inc.), Financing Agreement (First Wind Holdings Inc.), Financing Agreement (First Wind Holdings Inc.)

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Minimum Notice Period. If, pursuant to applicable law, prior notice of any such action set forth above is required to be given to Borrower or any Project CompanyGuarantor, Borrower and applicable Project Company Guarantor hereby acknowledge and agree acknowledges that the minimum time required by such applicable law, or ten (10) Business Days if no minimum is specified, of ten (10) Business Days, shall be deemed a reasonable notice period. Security Agent shall not be obligated to make any sale of Collateral regardless of notice of sale having been given. Security Agent may adjourn any public or private sale from time to time by announcement at the time and place fixed therefor, and such sale may, without further notice, be made at the time and place to which it was so adjourned.

Appears in 4 contracts

Samples: Financing Agreement (First Wind Holdings Inc.), Financing Agreement (First Wind Holdings Inc.), Financing Agreement (First Wind Holdings Inc.)

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Minimum Notice Period. If, pursuant to applicable law, prior notice of any such action set forth above is required to be given to Member or Borrower, Member and Borrower or any Project Company, Borrower and applicable Project Company hereby acknowledge and agree that the minimum time required by such applicable law, or if no minimum is specified, of ten (10) Business Days, shall be deemed a reasonable notice period. Security Agent shall not be obligated to make any sale of Collateral regardless of notice of sale having been given. Security Agent may adjourn any public or private sale from time to time by announcement at the time and place fixed therefor, and such sale may, without further notice, be made at the time and place to which it was so adjourned.

Appears in 4 contracts

Samples: Financing Agreement (First Wind Holdings Inc.), Financing Agreement (First Wind Holdings Inc.), Financing Agreement (First Wind Holdings Inc.)

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