Common use of Termination or Amendment of Documents Clause in Contracts

Termination or Amendment of Documents. ‌ (a) Project Co and the Principal Contractor shall not terminate or permit the termination of, assign or permit the assignment of, make or agree to or permit the making of any material amendment to or material variation of, make or agree to any departure from, or waive or fail to enforce any material rights it may have under, or allow others in any material respect to depart from their material obligations under, enter into any agreement or document which would materially affect the interpretation or application of, or enter into any contract or agreement in replacement of the Principal Contract or any of the Performance Securities except in full compliance with Part 16 [Assignment, Change in Ownership and Subcontracting] of the Project Agreement. (b) [Project Co, the Guarantor and the Principal Contractor shall not terminate or permit the termination of, assign or permit the assignment of, make or agree to or permit the making of any material amendment to or material variation of, make or agree to any departure from, or waive or fail to enforce any material rights it may have under, or allow others in any material respect to depart from their material obligations under, enter into any agreement or document which would materially affect the interpretation or application of, or enter into any contract or agreement in replacement of the Guarantee except in full compliance with Part 16 [Assignment, Change in Ownership and Subcontracting] of the Project Agreement.]

Appears in 1 contract

Samples: Collateral Agreement

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Termination or Amendment of Documents. (a) Project Co and the Principal Contractor shall not terminate or permit the termination of, assign or permit the assignment of, make or agree to or permit the making of any material amendment to or material variation of, make or agree to any departure from, or waive or fail to enforce any material rights it may have under, or allow others in any material respect to depart from their material obligations under, enter into any agreement or document which would materially affect the interpretation or application of, or enter into any contract or agreement in replacement of the Principal Contract or any of the Performance Securities except in full compliance with Part 16 [Assignment, Change in Ownership and Subcontracting] of the Project Agreement. (b) [Project Co, the Guarantor and the Principal Contractor shall not terminate or permit the termination of, assign or permit the assignment of, make or agree to or permit the making of any material amendment to or material variation of, make or agree to any departure from, or waive or fail to enforce any material rights it may have under, or allow others in any material respect to depart from their material obligations under, enter into any agreement or document which would materially affect the interpretation or application of, or enter into any contract or agreement in replacement of the Guarantee except in full compliance with Part 16 [Assignment, Change in Ownership and Subcontracting] of the Project Agreement.]

Appears in 1 contract

Samples: Collateral Agreement

Termination or Amendment of Documents. (a) Project Co The Primary Contractor and the Principal Contractor Subcontractor shall not terminate or permit the termination of, assign or permit the assignment of, make or agree to or permit the making of any material amendment to or material variation of, make or agree to any departure from, or waive or fail to enforce any material rights it may have under, or allow others in any material respect to depart from their material obligations under, enter into any agreement or document which would materially affect the interpretation or application of, or enter into any contract or agreement in replacement of of, the Principal Contract Subcontract or any of the Performance Securities except in full compliance with Part 16 18 [Assignment, Change in Ownership and Control and Subcontracting] of the Project Agreement. (b) [Project CoThe Primary Contractor, the Guarantor and the Principal Contractor Subcontractor shall not terminate or permit the termination of, assign or permit the assignment of, make or agree to or permit the making of any material amendment to or material variation of, make or agree to any departure from, or waive or fail to enforce any material rights it may have under, or allow others in any material respect to depart from their material obligations under, enter into any agreement or document which would materially affect the interpretation or application of, or enter into any contract or agreement in replacement of of, the Guarantee except in full compliance with Part 16 18 [Assignment, Change in Ownership and Control and Subcontracting] of the Project Agreement.]

Appears in 1 contract

Samples: Collateral Agreement

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Termination or Amendment of Documents. ‌ (a) Project Co The Concessionaire and the Principal Contractor shall not terminate or permit the termination of, assign or permit the assignment of, make or agree to or permit the making of any material amendment to or material variation of, make or agree to any departure from, or waive or fail to enforce any material rights it may have under, or allow others in any material respect to depart from their material obligations under, enter into any agreement or document which would materially affect the interpretation or application of, or enter into any contract or agreement in replacement of the Principal Contract or any of the Performance Securities except in full compliance with Part 16 [Assignment, Change in Ownership Control and Subcontracting] of the Project Concession Agreement. (b) [Project CoThe Concessionaire, the Guarantor and the Principal Contractor shall not terminate or permit the termination of, assign or permit the assignment of, make or agree to or permit the making of any material amendment to or material variation of, make or agree to any departure from, or waive or fail to enforce any material rights it may have under, or allow others in any material respect to depart from their material obligations under, enter into any agreement or document which would materially affect the interpretation or application of, or enter into any contract or agreement in replacement of the Guarantee except in full compliance with Part 16 [Assignment, Change in Ownership Control and Subcontracting] of the Project Concession Agreement.]

Appears in 1 contract

Samples: Collateral Agreement

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