Replacement of Security Trustee. (a) If Security Trustee is replaced as trustee under the Security Trust Deed, then: (i) Security Trustee may assign, transfer or novate (or do any combination of these things in respect of) its rights and obligations under this document to the replacement trustee; and (ii) the other parties agree to co-operate and to execute such documents as are reasonably necessary to give effect to any such assignment, transfer or novation (or any combination of them). (b) LTES Operator must pay SFV’s legal and other costs and expenses incurred in complying with this clause 1.7.
Appears in 10 contracts
Samples: Long Term Energy Service Agreement and Project Development Agreement, Long Term Energy Service Agreement and Project Development Agreement, Long Term Energy Service Agreement and Project Development Agreement
