Examples of Government Support Package in a sentence
Such change shall have effect on the date specified in the written notice (which date shall (i) other than in the case of emergency, be such date as will not cause material inconvenience to the other Parties in the execution of their obligations under the Project Documents and the Government Support Package and (ii) not be earlier than the date on which the notice would become effective in accordance with Clause 19.1.3 (Delivery)).
The Group will not engage in speculative treasury activity; and• The Group will manage its financing activities in compliance with the constraints imposed by the Government Support Package, financing documents and the Licence.
Such change shall have effect on the date specified in the written notice (which date shall (i) other than in the case of emergency, be such date as will not cause material inconvenience to the other Parties in the execution of their obligations under the Project Documents and, to the best of Thames Water’s knowledge, the Government Support Package, and (ii) not be earlier than the date on which the notice would become effective in accordance with Clause 19.1.3 (Delivery)).
The Project Documents and the Government Support Package shall benefit and bind the relevant parties, their permitted assignees and their respective successors.
The Principal has become a party to a shareholders' direct agreement dated 2015 (the "Agreement") in relation to the Government Support Package for the Thames Tideway Tunnel Project and is obliged, pursuant to clause 19.3 of the Agreement, to deliver to the Secretary of State for Environment, Food and Rural Affairs (the "Secretary of State") a power of attorney in the form of this Deed.
The Principal has become a party to a discontinuation agreement dated 2015 (the "Agreement") in relation to the Government Support Package for the Thames Tideway Tunnel Project and is obliged, pursuant to clause 6.5 of the Agreement, to deliver to the Secretary of State for Environment, Food and Rural Affairs (the "Secretary of State") a power of attorney in the form of this Deed.
The Senior Debt Compensation and the Equity Compensation payable under this Agreement shall be the sole remedy of the Security Trustee, of IP HoldCo and of IP OpCo against the Secretary of State in respect of its right to issue a Discontinuation Notice or the termination of this Agreement and the Government Support Package.
The Group will not engage in speculative treasury activity; and• The Group will manage its financing activities in compliance with the constraints imposed by the Government Support Package, financing documents and the Group’s Licence.
Subject to Clause 18.4 (Secretary of State exception), the Secretary of State shall not, without the prior written consent of each of the Infrastructure Provider and Thames Water (such consent not to be unreasonably withheld or delayed), assign, novate or otherwise transfer its rights or obligations under any Project Document or Government Support Package in whole or in part.
Subject to Clause 18.2 (Infrastructure Provider exception), the Infrastructure Provider shall not assign, novate or otherwise transfer its rights or obligations under any Project Document or Government Support Package in whole or in part except with the prior written consent of the other Parties (such consent not to be unreasonably withheld or delayed).