Common use of Operative Documents, Applicable Permits and Applicable Third Party Permits in Effect Clause in Contracts

Operative Documents, Applicable Permits and Applicable Third Party Permits in Effect. Each Credit Document, Project Document, Additional Project Document, Applicable Permit and Applicable Third Party Permit related to the Project for which Letters of Credit are then being requested remains in full force and effect in accordance with its terms and no material defaults have occurred thereunder.

Appears in 3 contracts

Samples: Credit Agreement (Calpine Corp), Subordination Agreement (Calpine Corp), Security Agreement (Calpine Corp)

AutoNDA by SimpleDocs

Operative Documents, Applicable Permits and Applicable Third Party Permits in Effect. Each Credit Document, Project Document, Additional Project Document, Applicable Permit and Applicable Third Party Permit related to the Project for which Letters of Credit are then being requested remains in full force and effect in accordance with its terms and no material defaults have occurred thereunder.

Appears in 1 contract

Samples: Credit Agreement (Calpine Corp)

AutoNDA by SimpleDocs

Operative Documents, Applicable Permits and Applicable Third Party Permits in Effect. Each Credit Document, Major Project Document, Additional Project Document, Applicable Permit (except as provided in Section 3.3.5) and Applicable Third Party Permit (except as provided in Section 3.3.5) related to the relevant Approved Project for which Letters of Credit are then being requested remains in full force and effect in accordance with its terms and no material defaults have occurred thereunder.

Appears in 1 contract

Samples: Credit Agreement (NRG Energy Inc)

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