Common use of Turbine reallocation Clause in Contracts

Turbine reallocation. Subject to the Turbine Supply Documents, the Borrower may request a reallocation of any Turbine to any specified Eligible Qualified Project, Qualified Project or other single-purpose project company owned directly or indirectly by the Borrower (which such project shall be deemed an Eligible Qualified Project and which project company shall be deemed a Corresponding Project Company hereunder), subject to the approval of the Majority Lenders and the Administrative Agent, and upon such approval the Top-Up Amount Schedule shall be updated accordingly to reflect such change. A Project shall no longer be considered an Eligible Qualified Project or Qualified Project hereunder (and its project company shall no longer be a Project Company or Corresponding Project Company hereunder) if it no longer has Corresponding Term Loans hereunder. Any reallocation pursuant to this Section 5(z) shall not be considered a Transfer under Section 5(v).

Turbine reallocation. Subject to the Turbine Supply Documents, the Borrower may request a reallocation of any Turbine to any specified Eligible Qualified Project, Qualified Project or other single-single purpose project company owned directly or indirectly by the Borrower (which such project shall be deemed become an Eligible Qualified Project and which project company shall be deemed become a Corresponding Project Company hereunder), subject to the approval of the Majority Lenders and the Administrative Agent, and upon such approval approval, the Top-Up Amount Schedule shall be updated accordingly to reflect such change. A Project shall no longer be considered an Eligible Qualified Project or Qualified Project hereunder (and its project company shall no longer be a Project Company or Corresponding Project Company hereunder) if it no longer has Corresponding Term Loans hereunder. Any A reallocation pursuant to this Section 5(z5(cc) shall not be considered a Transfer under Section 5(v5(x).