Project Finance Document Clause Samples

Project Finance Document. The parties hereto acknowledge and agree that this Agreement constitutes a “Project Finance Document” for the purposes of the Security and the Security Sharing Agreement and each Sprott Lender Party is a “Creditor” under the Security Sharing Agreement.

Project Finance Document. The Parties acknowledge and agree that each of this Agreement and the Existing Loan Agreement, as amended by this Agreement, constitutes a “Project Finance Document” and that the Obligations constitute “PF Obligations” and “Obligations”, as applicable, for the purposes of the Security Documents, the Security and the Security Sharing Agreement.

Project Finance Document. The Parties hereby acknowledge, confirm and agree that: (a) any failure of the Obligors to perform their obligations under this Agreement shall constitute an event of default under the Convertible Debentures; and (b) each of this Agreement, the Convertible Debentures, as amended hereby, the Amended and Restated Royalty Put Option Agreement, the Amended Loan Agreement, the ROFR Agreement and the metals purchase agreement dated as of June 23, 2023 between the Obligors and SPRSR US as agent for the Sprott Stream Parties (as defined therein) constitutes a “Project Finance Document” and the obligations hereunder and under each other Project Finance Document constitute “PF Obligations” and “Obligations”, as applicable, for the purposes of the Security, the Security Documents and the Security Sharing Agreement.