Common use of Notice of Antecedent Liabilities Clause in Contracts

Notice of Antecedent Liabilities. Unless an Agent’s Withdrawal Notice has been given, not later than 30 days after the date of delivery by the Authority of a Termination Notice or the date of delivery by the Agent of an Indicative Notice, as the case may be, the Authority will give the Agent a notice (the “Liability Report”) containing details of: (a) any Material Antecedent Liabilities accrued and outstanding as of the date of delivery of the Termination Notice or Indicative Notice, as the case may be; and (b) any financial liabilities of which the Authority is aware (after reasonable enquiry) that will fall due under the Project Agreement on or after the date of delivery of the Termination Notice or Indicative Notice, as the case may be, and on or prior to: (1) in the case of a Termination Notice, the proposed Termination Date set out in that notice; and (2) in the case of an Indicative Notice, 60 days after the date of delivery of the Indicative Notice.

Appears in 6 contracts

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

AutoNDA by SimpleDocs

Notice of Antecedent Liabilities. Unless an Agent’s Withdrawal Notice has been given, not later than 30 days after the date of delivery by the Authority of a Termination Notice or the date of delivery by the Agent of an Indicative Notice, as the case may be, the Authority will give the Agent a notice (the “Liability Report”) containing details of: (a) any Material Antecedent Liabilities accrued and outstanding as of the date of delivery of the Termination Notice or Indicative Notice, as the case may be; and (b) any financial liabilities of which the Authority is aware (after reasonable enquiry) that will fall due under the Project Agreement on or after the date of delivery of the Termination Notice or Indicative Notice, as the case may be, and on or prior to: (1) in the case of a Termination Notice, the proposed Termination Date set out in that notice; and (2) in the case of an Indicative Notice, 60 days after the date of delivery of the Indicative Notice.

Appears in 3 contracts

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

Notice of Antecedent Liabilities. Unless an Agent’s Withdrawal Notice has been given, not later than 30 days after the date of delivery by the Authority of a Termination Notice or the date of delivery by the Agent or the Security Trustee of an Indicative Notice, as the case may be, the Authority will give the Agent a notice (the “Liability Report”) containing details of: (a) any Material Antecedent Liabilities accrued and outstanding as of the date of delivery of the Termination Notice or Indicative Notice, as the case may be; and (b) any financial liabilities of which the Authority is aware (after reasonable enquiry) that will fall due under the Project Agreement on or after the date of delivery of the Termination Notice or Indicative Notice, as the case may be, and on or prior to: (1) in the case of a Termination Notice, the proposed Termination Date set out in that notice; and (2) in the case of an Indicative Notice, 60 days after the date of delivery of the Indicative Notice.

Appears in 3 contracts

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

Notice of Antecedent Liabilities. Unless an AgentIndenture Trustee’s Withdrawal Notice has been given, not later than 30 days after the date of delivery by the Authority of a Termination Notice or the date of delivery by the Agent Indenture Trustee of an Indicative Notice, as the case may be, the Authority will give the Agent Indenture Trustee a notice (the “Liability Report”) containing details of: (a) any Material Antecedent Liabilities accrued and outstanding as of the date of delivery of the Termination Notice or Indicative Notice, as the case may be; and (b) any financial liabilities of which the Authority is aware (after reasonable enquiry) that will fall due under the Project Agreement on or after the date of delivery of the Termination Notice or Indicative Notice, as the case may be, and on or prior to: (1) in the case of a Termination Notice, the proposed Termination Date set out in that notice; and (2) in the case of an Indicative Notice, 60 days after the date of delivery of the Indicative Notice.

Appears in 2 contracts

Samples: Lenders’ Remedies Agreement, Lenders’ Remedies Agreement

Notice of Antecedent Liabilities. Unless an Agent’s Withdrawal Notice has been given, not later than 30 days after the date of delivery by the Authority Province of a Termination Notice or the date of delivery by the Agent of an Indicative Notice, as the case may be, the Authority Province will give the Agent a notice (the “Liability Report”) containing details of: (a) any Material Antecedent Liabilities accrued and outstanding as of the date of delivery of the Termination Notice or Indicative Notice, as the case may be; and (b) any financial liabilities of which the Authority Province is aware (after reasonable enquiry) that will fall due under the Project Agreement on or after the date of delivery of the Termination Notice or Indicative Notice, as the case may be, and on or prior to: (1) in the case of a Termination Notice, the proposed Termination Date set out in that notice; and (2) in the case of an Indicative Notice, 60 days after the date of delivery of the Indicative Notice.

Appears in 1 contract

Samples: Lenders’ Remedies Agreement

AutoNDA by SimpleDocs

Notice of Antecedent Liabilities. Unless an Agent’s Withdrawal Notice has been given, not later than 30 days after the date of delivery by the Authority of a Termination Notice or the date of delivery by the Agent or the Security Trustee of an Indicative Notice, as the case may be, the Authority will give the Agent Security Trustee a notice (the “Liability Report”) containing details of: (a) any Material Antecedent Liabilities accrued and outstanding as of the date of delivery of the Termination Notice or Indicative Notice, as the case may be; and (b) any financial liabilities of which the Authority is aware (after reasonable enquiry) that will fall due under the Project Agreement on or after the date of delivery of the Termination Notice or Indicative Notice, as the case may be, and on or prior to: (1) in the case of a Termination Notice, the proposed Termination Date set out in that notice; and (2) in the case of an Indicative Notice, 60 days after the date of delivery of the Indicative Notice.

Appears in 1 contract

Samples: Lenders’ Remedies Agreement

Notice of Antecedent Liabilities. Unless an Agent’s Withdrawal Notice has been given, not later than 30 days after the date of delivery by the Authority of a Termination Notice or the date of delivery by the Collateral Agent of an Indicative Notice, as the case may be, the Authority will give the Collateral Agent a notice (the “Liability Report”) containing details of: (a) any Material Antecedent Liabilities accrued and outstanding as of the date of delivery of the Termination Notice or Indicative Notice, as the case may be; and (b) any financial liabilities of which the Authority is aware (after reasonable enquiry) that will fall due under the Project Agreement on or after the date of delivery of the Termination Notice or Indicative Notice, as the case may be, and on or prior to: (1) in the case of a Termination Notice, the proposed Termination Date set out in that notice; and (2) in the case of an Indicative Notice, 60 days after the date of delivery of the Indicative Notice.

Appears in 1 contract

Samples: Lenders’ Remedies Agreement

Notice of Antecedent Liabilities. Unless an Agent’s Withdrawal Notice has been given, not later than 30 days after the date of delivery by the Authority Owner of a Termination Notice or the date of delivery by the Agent of an Indicative Notice, as the case may be, the Authority Owner will give the Agent a notice (the “Liability Report”) containing details of: (a) any Material Antecedent Liabilities accrued and outstanding as of the date of delivery of the Termination Notice or Indicative Notice, as the case may be; and (b) any financial liabilities of which the Authority Owner is aware (after reasonable enquiry) that will fall due under the Project Agreement on or after the date of delivery of the Termination Notice or Indicative Notice, as the case may be, and on or prior to: (1) in the case of a Termination Notice, the proposed Termination Date set out in that notice; and (2) in the case of an Indicative Notice, 60 days after the date of delivery of the Indicative Notice.

Appears in 1 contract

Samples: Lenders’ Remedies Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!