Common use of Project Compliance Clause in Contracts

Project Compliance. (a) The Project is and will continue to be owned, developed, constructed and maintained in compliance in all material respects with all applicable Laws and in compliance in all material respects with the requirements of all Necessary Project Approvals (including all Deferred Approvals) then required to have been obtained. (b) The Project is and will continue to be owned, developed, constructed and maintained in compliance in all material respects with all of the Borrower’s Contractual Obligations (including the Project Documents).

Appears in 2 contracts

Samples: Senior Credit Agreement (First United Ethanol LLC), Credit Agreement (Nova Biosource Fuels, Inc.)

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Project Compliance. (a) The Project is and will continue to be owned, developed, constructed and maintained in compliance in all material respects with all applicable Laws and in compliance in all material respects with the requirements of all Necessary Project Approvals (including all Deferred Approvals) then required to have been obtained). (b) The Project is and will continue to be owned, developed, constructed and maintained in compliance in all material respects with all of the Borrower’s Contractual Obligations (including the Project Documents).

Appears in 1 contract

Samples: Senior Credit Agreement (Advanced BioEnergy, LLC)

Project Compliance. (a) The Project is and will continue to be being owned, developed, and constructed and maintained in compliance in all material respects with (a) all applicable Laws and in compliance in all material respects with Laws, (b) the requirements of all material Necessary Project Approvals and (including c) all Deferred Approvals) then required Material Project Documents, except such noncompliance as could not, singly and in the aggregate, reasonably be expected to have been obtaineda Material Adverse Effect. (b) The Project is and will continue to be owned, developed, constructed and maintained in compliance in all material respects with all of the Borrower’s Contractual Obligations (including the Project Documents).

Appears in 1 contract

Samples: Construction and Term Loan Agreement (Cleco Power LLC)

Project Compliance. (a) The Project is and will continue to be owned, developed, constructed operated and maintained in compliance in all material respects with all applicable Laws and in compliance in all material respects with the requirements of all Necessary Project Approvals (including all Deferred Approvals) then required to have been obtained). (b) The Project is and will continue to be owned, developed, constructed operated and maintained in compliance in all material respects with all of the Borrower’s Contractual Obligations (including the Project Documents).

Appears in 1 contract

Samples: Senior Credit Agreement (Advanced BioEnergy, LLC)

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Project Compliance. (a) The Project is and will continue to be owned, developed, and constructed and maintained in compliance in all material respects with all applicable Laws Laws, all of the Borrowers’ Contractual Obligations, the Project Documents and the requirements of all Necessary Project Approvals. As constructed, the Project will conform in compliance all material respects to and comply in all material respects with all federal, state and local zoning, environmental, land use and other Laws, all of the Borrowers’ Contractual Obligations, the Project Documents and the requirements of all Necessary Project Approvals (including all Deferred Approvals) then required to have been obtained. (b) The Project is and will continue to be owned, developed, constructed and maintained in compliance in all material respects with all of the Borrower’s Contractual Obligations (including the Project Documents).

Appears in 1 contract

Samples: Credit Agreement (ASAlliances Biofuels, LLC)

Project Compliance. (a) The Project is and will continue to be owned, developed, constructed owned and maintained in compliance in all material respects with all applicable Laws and in compliance in all material respects with the requirements of all Necessary Project Approvals (including all Deferred Approvals) then required to have been obtained. (b) The Project is and will continue to be owned, developed, constructed owned and maintained in compliance in all material respects with all of the Borrower’s Contractual Obligations (including the Project Documents), except in the event of a Cold Shutdown of the Project.

Appears in 1 contract

Samples: Debt Agreement (First United Ethanol LLC)

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