Common use of Refinancing Clause in Contracts

Refinancing. The Consenting Party hereby acknowledges that the Company may from time to time obtain refinancing for the Project (including privately or publicly placed bonds or notes), and the Consenting Party agrees that it will promptly upon request execute in favor of the lenders providing such refinancing a consent to assignment containing terms and conditions that are no less favorable to the Consenting Party than those terms and conditions contained in this Consent to Assignment.

Appears in 6 contracts

Samples: Consent to Assignment (Aes Ironwood LLC), Consent to Assignment (Aes Red Oak LLC), Consent to Assignment (Aes Red Oak LLC)

AutoNDA by SimpleDocs

Refinancing. The Consenting Party hereby acknowledges that the Company may from time to time obtain refinancing for the Project (including privately or publicly placed bonds or notes), and the Consenting Party agrees that it will promptly upon request execute in favor of the lenders providing such refinancing a consent to assignment containing terms and conditions that are no less favorable to mutually agreed between the Consenting Party than those terms and conditions contained in this Consent to Assignmentparties.

Appears in 5 contracts

Samples: Consent to Assignment (Aes Red Oak LLC), Consent to Assignment (Aes Ironwood LLC), Consent to Assignment (Aes Ironwood LLC)

Refinancing. The Consenting Contracting Party hereby acknowledges that the Company may from time to time obtain refinancing for the Project (including privately or publicly placed bonds or notes), and the Consenting Contracting Party agrees that it will promptly upon request execute in favor of the lenders (or the representative of such lenders) providing such refinancing a consent to assignment containing terms and conditions that are no less favorable identical in substance (taking into account required name changes and the like) to the Consenting Party than those terms and conditions contained in this Consent to AssignmentConsent.

Appears in 2 contracts

Samples: Credit Agreement (Ormat Technologies, Inc.), Credit Agreement (Ormat Technologies, Inc.)

Refinancing. The Consenting Party hereby acknowledges that the Company may from time to time obtain refinancing for the Project (including privately or publicly placed bonds or notes), and the Consenting Party agrees that it will promptly upon request execute in favor of the lenders providing such refinancing a consent to assignment containing as requested by such lenders; provided that the terms and conditions that are contained in such consent to assignment shall be no less favorable to the Consenting Party than those terms and conditions contained in this Consent to Assignment.

Appears in 1 contract

Samples: Consent to Assignment (Aes Ironwood LLC)

AutoNDA by SimpleDocs

Refinancing. The Consenting Party hereby acknowledges that the Company may from time to time obtain refinancing for the Project (including privately or publicly placed bonds or notes), and the Consenting Party agrees that it will promptly upon request execute in favor of the lenders providing such refinancing a consent to assignment containing terms and conditions that are no less favorable to the Consenting Party than those terms and conditions contained in this Consent to Assignmentcustomary for such transactions.

Appears in 1 contract

Samples: Consent to Assignment (Aes Ironwood LLC)

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