Suspension or Abandonment. The Borrower shall not (i) permit or suffer to exist an Event of Abandonment or (ii) order, allow to subsist or consent to any suspension of work in excess of sixty (60) days under any Project Document, other than a suspension of work due to a force majeure event under such Project Document, in each such case without the prior written approval of the Majority Lenders.
Appears in 2 contracts
Samples: Credit Agreement (GreenHunter Energy, Inc.), Credit Agreement (GreenHunter Energy, Inc.)
Suspension or Abandonment. The Borrower shall not (i) permit or suffer to exist an Event of Abandonment or (ii) order, order or allow to subsist or consent to any suspension of work in excess of sixty (60) consecutive days under any Project Document, other than a suspension of work due Document relating to a force majeure event under such the Project Document, in each such case without the prior written approval of the Administrative Agent (acting at the direction of the Majority Lenders).
Appears in 1 contract
Suspension or Abandonment. The No Borrower shall not (i) permit or suffer to exist an Event of Abandonment or (ii) order, allow to subsist order or consent to any suspension of work in excess of sixty thirty (6030) days under any Project Document, other than a suspension of work due to a force majeure event under such Project Document, in each such case without the prior written approval of the Majority Required Lenders.
Appears in 1 contract
