Transfer of electricity system. The occurrence of the Trigger Event referred to in Paragraph 5 (Transfer of electricity system) of Part 1 (Trigger Events) of this Schedule 3 (Trigger Events) will be remedied if an Obligor provides the Security Trustee with written confirmation together with such supporting evidence as may be required by the Security Trustee evidencing that the proposed transfer (as referred to in the relevant written notice or other proceedings) of its electricity system to another system operator will not take place.
Transfer of electricity system. Caruna Oy and/or Caruna Espoo receive(s) written notice from the Regulatory Authority or is involved in other proceedings with the Regulatory Authority in respect of the transfer of its electricity system to another system operator, in each case where such transfer is reasonably likely to occur and would or would reasonably be expected to have a Material Adverse Effect, until such time as the compensation received in respect of such transfer is sufficient to fully repay the Borrower Secured Debt and will be applied by the Company in prepayment of the Borrower Secured Debt promptly upon receipt.
