Xxxxxx’s Right to Cure Default of Seller; Lender Consent Sample Clauses

Xxxxxx’s Right to Cure Default of Seller; Lender Consent. (a) Seller shall provide Buyer with a Notice identifying the Project Lender and providing appropriate contact information for the Project Lender. Following receipt of that Notice, Buyer shall provide Notice of any Event of Default of Seller to the Project Lender, and Xxxxx will accept a cure to an Event of Default of Seller performed by the Project Lender. In addition to the other cure periods provided to Seller in section 16.1, the Project Lender will have an additional 90 Days to cure any Event of Default. (b) To facilitate Seller obtaining financing to construct and operate the Project, Buyer shall provide those consents to collateral assignment, certifications, representations, information or other documents as may be reasonably requested by Seller or the Project Lender in connection with the financing of the Project (generally, a “Lender Consent”). The Lender Consent will include the provisions set forth on Exhibit 16.2(b) and such other terms as the Project Lender may reasonably request. Seller shall be responsible for the incremental direct expenses incurred by Xxxxxx and Xxxxx in the preparation, negotiation, execution and/or delivery of any documents requested by the Project Lender, and provided by either Party, pursuant to this subsection.
Xxxxxx’s Right to Cure Default of Seller; Lender Consent. Seller shall provide Buyer with a Notice identifying the Project Lender and providing appropriate contact information for the Project Lender. Following receipt of that Notice, Buyer shall provide Notice of any Event of Default of Seller to the Project Lender, and Xxxxx will accept a cure to an Event of Default of Seller performed by the Project Lender. In addition to the other cure periods provided to Seller in section 16.1, the Project Lender will have an additional 90 Days to cure any Event of Default.