Novation Agreement. 8. Certain UCC-1 Financing Statements executed by Issuer and Independent Owner in favor of Trustee relating to security interests granted under the Indenture, Supplemental Indenture and the Assignment of Interests
Novation Agreement. Upon Contributor’s request, Company shall reasonably cooperate with Contributor to execute, and to obtain the applicable counterparty’s agreement to, any Novation Agreement in a form acceptable to the Parties which is submitted by Contributor to a counterparty to any Contributor Contract.
Novation Agreement. If title to the Property is transferred, or the Lease is assigned, the Commonwealth, the original Lessor (Transferor), and the new owner or assignee (Transferee) shall execute a Novation Agreement providing for the transfer of Transferor’s rights and obligations under the Lease to the Transferee. When executed on behalf of the Commonwealth, a Novation Agreement will be made part of the Lease.
Novation Agreement. Contributor and GIPLP will each execute and deliver to the USA a Novation Agreement in the form required by the USA and shall each provide the required resolutions and other documents required by the USA as a condition to its execution of the Novation Agreement, including, but limited to, the GSA Form 3518 to be prepared and submitted to the USA by GIPLP.
Novation Agreement. Execution and delivery of the Novation Agreement (which shall include a waiver pursuant to which NAE waives the enforcement of Section 8.11(e) of the Production Sharing Contract and agrees that, notwithstanding anything to the contrary contained in the Production Sharing Contract, the profit sharing allocation set forth in therein shall remain the same after the Closing Date);
Novation Agreement. In the event Owner elects to assign all of its rights, title and obligations under this Charter, the FPSO or the Building Contract to an acceptable Affiliate or other permitted transferee, Charterer, Owner and such Owner Affiliate or other permitted transferee shall enter into a Novation Agreement (the form of which is appended hereto as Attachment L), which Novation Agreement shall, with respect to the FPSO, this Charter and the rights and obligations to be assigned, set forth the Parties rights and obligations hereunder with respect to such assignment but Owner shall, if a substitute or equivalent guarantee acceptable in writing by Charterer is not provided on behalf of Owner under the Novation Agreement, guarantee performance by any permitted assignee of all of Owner’s obligations under this Charter, which obligations shall continue to be supported by the Owner Guarantee, which shall remain in full force and effect.
Novation Agreement. On or prior to the Closing Date, Wachovia Bank, National Association (formerly known as First Union National Bank) shall have executed and delivered an agreement with respect to Branch Banking and Trust Company's undertaking to make payments under the existing ISDA Master Agreement between the Borrower and Wachovia Bank, National Association (formerly known as First Union National Bank), which agreement shall be in form and substance acceptable to the Bank.
Novation Agreement. Subject to Section 5(b) of this Deed, each of the parties hereto acknowledges, agrees and confirms that, with effect from the execution hereof:
Novation Agreement. The Novation Agreement.
Novation Agreement. After the Closing, Seller and Buyer shall promptly enter into the Novation Agreement with the United States of America in respect of the GSA lease and Seller and Buyer will cooperate with each other and the GSA to obtain the execution by the United States of America to the Novation Agreement. If, prior to its execution by all parties thereto, GSA requires changes to the Novation Agreement, then such changes shall be reasonably accommodated by Buyer and Seller. In connection with the Novation Agreement, Buyer and Seller shall provide such additional information to GSA as is reasonably requested by GSA pursuant to the GSA lease. Prior to Closing, Seller shall have the right to negotiate with the GSA changes to the form of Novation Agreement customarily utilized by the GSA (and the changes to such form shall also be subject to Buyer’s reasonable approval); provided that, if such requested changes are not agreed to prior to Closing, then Seller and Buyer shall execute the form of Novation Agreement customarily utilized by the GSA and otherwise cooperate with each other to obtain the signature of the United States of America to the Novation Agreement as provided above. Further, if the GSA refuses to consent to the removal of the applicable sections of the Novation Agreement prior to Closing which (i) obligate Seller to be a guarantor of payment and performance of all obligations of Buyer under the GSA lease, including those undertaken pursuant to a future amendment of the GSA lease, and (ii) obligate Buyer to assume all obligations and liabilities of, and all claims against, Seller under the GSA lease, then the parties shall indemnify each other as follows: (A) Buyer agrees to indemnify, defend and hold Seller harmless from all claims made by GSA and the United States of America against Seller pursuant to such above-referenced section of the Novation Agreement arising as a result of or with respect to the obligations of landlord under the GSA lease that are attributable to the period of time from and after the Closing, and all related costs and expenses, including reasonable attorney’s fees, incurred by Seller in connection with such claim, and (B) Seller agrees to indemnify, defend and hold Buyer harmless from all claims made by GSA and the United States of America against Buyer pursuant to the above-referenced section of the Novation Agreement arising as a result of or with respect to the obligations of landlord under the GSA lease that are attributable to th...
