Direct Agreement definition

Direct Agreement means any agreement made, or to be made, from time to time between the Secretary of State and the counterparty of a Key Contract in relation to such Key Contract, including any agreement entered into by the Secretary of State under Schedule 14.3 (Key Contracts);

Direct Agreement means a written agreement entered into

Direct Agreement means an agreement in substantially the form set out in Annex 3 (Form of Direct Agreement), or in such other form as may be agreed by the CfD Counterparty (in its sole discretion);

Examples of Direct Agreement in a sentence

• SRTA and GDOT hereby covenant and agree to cooperate, one with the other, in connection with SRTA’s exercise of its right to cancel or terminate the Project Agreement pursuant to the provisions set forth therein or to otherwise cancel the Project having regard to, in each case, the rights of the Lenders pursuant to the Lenders' Direct Agreement.

• TxDOT shall have no obligations or liabilities in connection with any Refinancing except for the rights, benefits and protections set forth in the Lenders’ Direct Agreement (but only if the Refinancing satisfies the conditions and limitations set forth in Section 2.1 of the Lenders’ Direct Agreement).

• The Direct Agreement between the Secretary of State for Transport, the Train Operator and HS1 Ltd with respect to the Contract.

• Except for a violation by TxDOT of its express obligations to Lenders set forth in any Lenders’ Direct Agreement and except as set forth in Section 14.4.3(c), no Lender is entitled to seek any damages or other amounts from TxDOT, whether for Project Debt or any other amount.

• Notwithstanding any such payment schedule, the Net Present Value of the unpaid amount shall be due and payable in full to TxDOT immediately upon (i) any failure to pay a scheduled payment when due, if such failure is not cured within the cure period available to then-existing Lenders under Section 2.4.2 of the Lenders’ Direct Agreement (if any) or (ii) termination of this Agreement for any reason.

More Definitions of Direct Agreement

Direct Agreement means an agreement entered into between a Commodity Contract

Direct Agreement means an agreement entered into between a Commodity ContractCounterparty and an Authorised Participant or a person proposed by the Issuer to become an Authorised Participant

Direct Agreement means a direct agreement entered into by a Credit Party, the counterparty to a Material Contract and the Lender in respect of the assignment of the rights of the Borrower, and the exercise of step-in rights by the Lender under, such Material Contract, in form and substance satisfactory to the Lender, acting reasonably.

Direct Agreement means the direct agreement dated November 26, 2013, in relation to (a) the Services and Right to Use Agreement and (b) the Reinvestment Agreement.

Direct Agreement means an agreement between the contracting authority and the lenders, typically together with the private partner, setting out the terms on which (amongst other things) the lenders may be entitled to exercise step-in rights, prevent a threatened termination of the PPP contract, receive payments upon its early termination and/or exercise certain other specified rights.

Direct Agreement means the direct agreement dated November 26, 2013, in relation to (a) the Services and Rights to Use Agreement and (b) the Reinvestment Agreement.

Direct Agreement means the direct agreement entered into (or to be entered into) between the Seller, the Buyer, the DoE and the Lenders (or their agent) in relation to this Agreement and the PPA, substantially in the form set out in Schedule 4 (Direct Agreement), as it may be amended from time to time by agreement of the parties thereto;