Purchase of the Plant Sample Clauses

Purchase of the Plant. The Parties agree that only Aladdin, for so long as it is a member of the Management Committee hereunder and has not been deemed to have automatically lost its voting rights and rights to control pursuant to the provisions of Article 4 hereof, shall be the Controlling Party and have the right to initiate the purchase of the Plant pursuant to Section 6.4 and Section 9.3 of the Energy Service Agreements, provided, however, that if there is a Service Default (as defined in Bazaar's Energy Service Agreement) with respect to any Party's Energy Services and Aladdin does not exercise the remedies requested by such Party and provided as of the date hereof under Sections 6.1 and 6.4 of Aladdin's Energy Service Agreement, then such Party shall have its rights and remedies under Sections 6.1 and 6.4 of its Energy Service Agreement and, if it elects to pursue such rights, shall be deemed to be the Controlling Party under this Agreement for purpose of exercising such rights. Each other Party hereunder shall have the right to elect to participate in such purchase, as provided herein. If Aladdin has been deemed to have automatically lost its voting rights and rights to control pursuant to the provisions of Article 4 hereof, then the Party who is the successor to Aladdin as Controlling Party shall have the exclusive right to initiate such purchase while it remains a Party. If there is more than one Party other than Aladdin, the foregoing provisions thereafter shall apply as among such Parties. Subject to Aladdin's exclusive right set forth above, the following provisions shall apply to any purchase of the Plant:
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Purchase of the Plant. You are entitled, at any time, to make an offer to purchase the Plant from us. To the extent that your purchase of the Plant is concluded and the purchase price therefor received by us, this Agreement shall terminate subject to your payment of any amounts owing and accrued as at the date of termination. The terms of the purchase shall be subject to clause 25 below.
Purchase of the Plant. 19Synallagmatic promise of sale and purchase The Parties agree that with effect from the Lease Expiry Date, provided the Client is not in default under the Agreement, the Contractor shall sell and the Client shall purchase the Plant from the Contractor for the Purchase Price.
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