Subcontract Provisions. Contractor shall ensure that Subcontracts made with Subcontractors having a value of Two Million Dollars or more are made in writing. Contractor shall make reasonable efforts to require that each such Subcontract shall provide that the rights and obligations of Contractor under each such Subcontract are assignable to Company, its successors and assigns upon Company’s written request accompanied by proof of source of payment to such Subcontractor’s satisfaction, following any termination of this Contract.
Appears in 2 contracts
Samples: Engineering, Procurement and Construction Contract (Us Geothermal Inc), Engineering, Procurement and Construction Contract (Us Geothermal Inc)
Subcontract Provisions. Contractor shall ensure that Subcontracts made with Subcontractors having a value of Two Million Hundred Thousand Dollars or more are made in writing. Contractor shall make reasonable efforts to require that each such Subcontract shall provide that the rights and obligations of Contractor under each such Subcontract are assignable to Company, its successors and assigns upon Company’s written request accompanied by proof of source of payment to such Subcontractor’s satisfaction, following any termination of this Contract.
Appears in 2 contracts
Samples: Construction Contract (Us Geothermal Inc), Construction Contract (Us Geothermal Inc)
Subcontract Provisions. Contractor shall ensure that Subcontracts made with Major Subcontractors having a value of Two Million Dollars or more are made in writing. Contractor shall make reasonable efforts to require that each such Major Subcontract shall provide that the rights and obligations of Contractor under each such Subcontract are assignable to Company, its successors and assigns upon Company’s 's written request accompanied by proof of source of payment to such Major Subcontractor’s satisfaction, following any termination of this Contract.
Appears in 1 contract
Samples: Binding Letter of Intent for Bridge Financing and Epc Agreement (Us Geothermal Inc)
Subcontract Provisions. Contractor shall ensure that Subcontracts made with Major Subcontractors having a value of Two Million Dollars or more are made in writing. Contractor shall make reasonable efforts to require that each such Major Subcontract shall provide that the rights and obligations obligations, including, but not limited to warranty obligations, of Contractor under each such Subcontract are assignable to Company, its successors and assigns upon Company’s 's written request accompanied by proof of source of payment to such Major Subcontractor’s 's satisfaction, following any termination of this Contract.
Appears in 1 contract
Samples: Engineering, Procurement and Construction Contract (Brady Power Partners)