Common use of Taking of Facility Assets Clause in Contracts

Taking of Facility Assets. Any asset of Seller that is material to the construction, operation or maintenance of the Facility or the performance of its obligations hereunder is taken upon execution or by other process of law directed against Seller, or any such asset is taken upon or subject to any attachment by any creditor of or claimant against Seller and such attachment is not disposed of within sixty (60) days after such attachment is levied; or

Appears in 19 contracts

Samples: Power Purchase Agreement, Power Purchase Agreement, Power Purchase Agreement

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Taking of Facility Assets. Any asset of Seller that is material to the construction, operation or maintenance of the Facility or the performance of its obligations hereunder is taken upon execution or by other process of law directed against SellerSeller other than by condemnation or eminent domain, or any such asset is taken upon or subject to any attachment by any creditor of or claimant against Seller and such attachment is not disposed of within sixty (60) days after such attachment is levied; or

Appears in 14 contracts

Samples: Power Purchase Agreement, Power Purchase Agreement (Blue Sphere Corp.), Power Purchase Agreement

Taking of Facility Assets. Any Other than with respect to a foreclosure on any of the assets of Seller associated with a Financing, any asset of Seller that is material to required for the construction, operation or maintenance of the Facility or the performance of its obligations hereunder is taken upon execution or by other process of law directed against Seller, or any such asset is taken upon or subject to any attachment by any creditor of or claimant against Seller and such attachment is not disposed of within sixty (60) days after such attachment is levied; or

Appears in 5 contracts

Samples: Power Purchase Agreement, Power Purchase Agreement, Power Purchase Agreement

Taking of Facility Assets. Any asset of Seller that is material to the construction, operation or maintenance of the Facility or the performance of its obligations hereunder is taken upon execution or by other process of law directed against SellerXxxxxx other than by condemnation or eminent domain, or any such asset is taken upon or subject to any attachment by any creditor of or claimant against Seller and such attachment is not disposed of within sixty (60) days after such attachment is levied; or

Appears in 2 contracts

Samples: Power Purchase Agreement, Power Purchase Agreement

Taking of Facility Assets. Any Except pursuant to security arrangements between Seller and any Lender, any asset of Seller that is material to the construction, operation or maintenance of the Facility or the performance of its obligations hereunder is taken upon execution or by other process of law directed against Seller, or any such asset is taken upon or subject to any attachment by any creditor of or claimant against Seller and such attachment is not disposed of within sixty (60) days after such attachment is levied; or

Appears in 2 contracts

Samples: Power Purchase Agreement, Power Purchase Agreement

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Taking of Facility Assets. Any asset of Seller that is material to the construction, operation or maintenance of the Facility or the performance by Seller of its obligations hereunder is taken upon execution or by other process of law directed against Seller, other than by condemnation or eminent domain, or any such asset is taken upon or subject to any attachment by any creditor of or claimant against Seller and such attachment is not disposed of within sixty (60) days after such attachment is levied; or

Appears in 2 contracts

Samples: Power Purchase Agreement, Power Purchase Agreement

Taking of Facility Assets. Any asset of Seller that is material to the construction, operation or maintenance of the Facility or the performance of its obligations hereunder is taken upon execution or by other process of law directed against Seller, or any such asset is taken upon or subject to any attachment by any creditor of or claimant against Seller and such taking or attachment is not remedied or disposed of by Seller within sixty (60) days after such taking occurs or such attachment is levied; or

Appears in 1 contract

Samples: Power Purchase Agreement

Taking of Facility Assets. Any asset of Seller that is material to the construction, operation or maintenance of the Facility or the performance of its obligations hereunder is taken upon execution or by other process of law directed against Seller, or any such asset is taken upon or subject to any attachment by any creditor of or claimant against Seller and such attachment is not disposed of within sixty (60) days after such attachment is levied; or

Appears in 1 contract

Samples: Power Purchase Agreement

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