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Common use of Senior Lender Replacement of Project Co Clause in Contracts

Senior Lender Replacement of Project Co. ‌ 6.1 Project Co Transfer Notice‌ Subject to Section 6.2, at any time: (a) during a Termination Notice Period; (b) during an Indicative Notice Period; or (c) during a Step-In Period, the Agent may, on 30 Business Days’ notice to the Authority and any Appointed Representative, take any action available to it to cause the transfer of Project Co’s rights and liabilities under the Project Agreement to a Suitable Substitute Project Co in accordance with the provisions of Section 6.4.

Appears in 3 contracts

Samples: Lenders’ Remedies Agreement, Lenders’ Remedies Agreement, Lenders’ Remedies Agreement

Senior Lender Replacement of Project Co. 6.1 Project Co Transfer Notice‌ Notice Subject to Section 6.2, at any time: (a) during a Termination Notice Period; (b) during an Indicative Notice Period; or (c) during a Step-In Period, the Agent may, on 30 Business Days’ notice to the Authority Province and any Appointed Representative, take any action available to it to cause the transfer of Project Co’s rights and liabilities under the Project Agreement to a Suitable Substitute Project Co in accordance with the provisions of Section 6.4.

Appears in 1 contract

Samples: Lenders’ Remedies Agreement

Senior Lender Replacement of Project Co. ‌ 6.1 Project Co Transfer Notice‌ Subject to Section 6.2, at any time: (a) during a Termination Notice Period; (b) during an Indicative Notice Period; or (c) during a Step-In Period, the Agent Indenture Trustee may, on 30 Business Days’ notice to the Authority and any Appointed Representative, take any action available to it to cause the transfer of Project Co’s rights and liabilities under the Project Agreement to a Suitable Substitute Project Co in accordance with the provisions of Section 6.4.

Appears in 1 contract

Samples: Lenders’ Remedies Agreement