Common use of No Right to Terminate Clause in Contracts

No Right to Terminate. The Authority will not terminate or deliver any notice terminating the Project Agreement during any Notice Period, provided however that until the expiry of that period the Authority will be entitled to require Project Co to remedy any Project Co Event of Default and will be entitled to exercise all rights under the Project Agreement other than termination of the Project Agreement.

Appears in 9 contracts

Samples: Agreement, Lenders’ Remedies Agreement, Lenders’ Remedies Agreement

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No Right to Terminate. The Authority will not terminate or deliver any notice terminating the Project Agreement during any Notice Period, provided however that until the expiry of that period the Authority will be entitled to require Project Co to remedy any Project Co Event of Default and will be entitled to exercise all rights under the Project Agreement other than termination of the Project Agreement.

Appears in 4 contracts

Samples: Lenders’ Remedies Agreement, Remedies Agreement, ’ Remedies Agreement

No Right to Terminate. The Authority will not terminate or deliver any notice terminating the Project Agreement and Project Co will not terminate or deliver any notice terminating the Project Implementation Agreement during any Notice Period, provided however that that, until the expiry expiration of that period period, the Authority will be entitled to require Project Co to remedy any Project Co Event of Default and will be entitled to exercise all rights under the Project Agreement other than termination of the Project Agreement and Project Co will be entitled to require Operations Co to remedy any Operations Co Event of Default and will be entitled to exercise all rights under the Project Implementation Agreement other than termination of the Project Implementation Agreement.

Appears in 2 contracts

Samples: Collateral Agreement, Collateral Agreement

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No Right to Terminate. The Authority Owner will not terminate or deliver any notice terminating the Project Agreement during any Notice Period, provided however that until the expiry of that period the Authority Owner will be entitled to require Project Co to remedy any Project Co Event of Default and will be entitled to exercise all rights under the Project Agreement other than termination of the Project Agreement.

Appears in 1 contract

Samples: Remedies Agreement

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