Common use of Preservation of Rights; Further Assurances Clause in Contracts

Preservation of Rights; Further Assurances. (a) Borrower shall preserve, protect and defend its rights (and the rights of each Project Company, as applicable) under each and every Project Document, including (where necessary or appropriate) prosecution of suits to enforce any material right of Borrower (or any Project Company, as applicable) thereunder and enforcement of any claims with respect thereto.

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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Preservation of Rights; Further Assurances. (a) Borrower shall preservePreserve, protect and defend its rights (and the material rights of each Project Company, as applicable) Borrowers under each and every Project Document, including (where necessary or appropriate) prosecution of suits to enforce any material right of Borrower (or any Project Company, as applicable) thereunder and enforcement of any claims with respect thereto. Additionally, at any time while an Event of Default shall have occurred and be continuing, Borrowers shall follow any and all instructions of Lender in respect of actions to be taken to enforce Borrowers’ rights under the Material Project Documents.

Appears in 2 contracts

Samples: Credit Agreement, Credit Agreement

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Preservation of Rights; Further Assurances. (a) Borrower shall preservePreserve, protect and defend its rights (and the material rights of each Project Company, as applicable) of the Borrower Entities under each and every Project DocumentDocument related to any Project, including (where necessary or appropriateit is in the best interest of such Project in the judgment of Borrower) prosecution of suits to enforce any material right of Borrower (or any Project Company, as applicable) thereunder and enforcement of any claims with respect thereto.

Appears in 1 contract

Samples: Loan Agreement (Solarcity Corp)

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