LIL Remedies Agreement definition

LIL Remedies Agreement means the agreement of even date herewith among the Partnership, Opco and NLH setting forth certain specific remedies associated with this Agreement and the LIL Lease;
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LIL Remedies Agreement means the agreement of even date herewith among the Partnership, Opco and NLH setting forth certain specific remedies associated with the LIL Lease and the TFA;
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LIL Remedies Agreement means the agreement to which this Agreement is attached as a Schedule;
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Examples of LIL Remedies Agreement in a sentence

  • Except to a Qualified Assignee and subject to Section 14.2(d), the Partnership shall not assign its interest or rights under this Agreement, the LIL Remedies Agreement, any Claim or any other agreement relating to any of the foregoing (collectively, the “Partnership Rights”).

  • If there is any conflict or inconsistency between this Article 10 and the LIL Remedies Agreement, the LIL Remedies Agreement shall prevail.

  • Except to a Qualified Assignee and subject to Section 14.1(d), Opco shall not assign its interest or rights under this Agreement, the LIL Remedies Agreement, any Claim or any other agreement relating to any of the foregoing (collectively, the “Opco Rights”).

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  • Key Details Contract: TFA Parties: Labrador-Island Link Limited Partnership (‘LIL LP’ or the ‘Partnership’), Labrador-Island Link Operating Corporation (‘LIL Opco’) and Newfoundland and Labrador Hydro (‘NLH’) Customer: NLH Note, LIL LP is party to the agreement due to the LIL Remedies Agreement (see Appendix 1 for more details) and as owner and developer of the LIL, to accept responsibility to finance the construction, interconnection and Sustaining Costs in accordance with 2.1 (b).

  • Except to a Qualified Assignee and subject to Section 14.1(d), the Partnership shall not assign its interest or rights under this Agreement, the LIL Lease, the TFA, the LIL Remedies Agreement, any Claim or any other agreement relating to any of the foregoing (collectively, the “Partnership Rights”).

  • LIL Remedies Agreement Parties: LIL LP, LIL Opco and NLH Term: The agreement is effective from November 29, 2013 and terminates on the later of (a) the later of (i) the date which is two years after the date of termination of the LIL Lease, and (ii) the date which is two years after the date of termination of the TFA; and (b) the date specified in a written agreement of the Parties to terminate.

  • Except to a Qualified Assignee and subject to Section 14.2(d), Opco shall not assign its interest or rights under this Agreement, the LIL Lease, the TFA, the LIL Remedies Agreement, any Claim or any other agreement relating to any of the foregoing (collectively, the “Opco Rights”).

  • Due to the legal structure of the LIL related agreements, the LIL Remedies Agreement provides for specific remedies for certain defaults as opposed to the general remedies in the individual agreements LIL Asset Agreement Parties: LIL LP and LIL Opco Term: The agreement is effective from November 29, 2013 and terminates on the later of (a) the earlier of the Commissioning Date; and (b) subject to approval of the Financing Parties, written agreement of the Parties to terminate.

  • Term: Commencing at the time commissioning occurs on the Commissioning Date and ending the earlier of i) five years following the date on which the financing is paid in full; ii) 15 years following the date the Loan Guarantee is released or expires; iii) such date as may be provided for in the LIL Remedies Agreement; and iv) written agreement of the parties (subject to the approval of the lenders) (9.2).


More Definitions of LIL Remedies Agreement

LIL Remedies Agreement means an agreement entered into as of November 29, 2013 between the Partnership, Opco and NLH setting forth certain specific remedies associated with the TFA and the LIL Lease;
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Related to LIL Remedies Agreement

  • Breach of Agreement provisions of Section 5(a)(ii) will apply to Party A and will not apply to Party B.

  • Assignment of Agreements means that certain Assignment of Agreements, Licenses, Permits and Contracts, dated as of the date hereof, from Borrower, as assignor, to Lender, as assignee.

  • Governing Law This Agreement is governed by, and shall be construed in accordance with, English law.

  • Remedies Exception means the extent to which enforceability may be limited by applicable bankruptcy, insolvency, reorganization, moratorium or other similar Laws affecting the enforcement of creditors’ rights generally and by general equitable principles.

  • Limitation of Liability Insert the following Section 15, after Section 14:

  • Indemnification Obligations means each of the Debtors’ indemnification obligations in place as of the Effective Date, whether in the bylaws, certificates of incorporation or formation, limited liability company agreements, other organizational or formation documents, board resolutions, management or indemnification agreements, or employment or other contracts, for their current and former directors, officers, managers, employees, attorneys, accountants, investment bankers, and other professionals and agents of the Debtors, as applicable.

  • Permitted Remedies means, with respect to any securities, one or more of the following remedies:

  • Written agreement means a written agreement made pursuant to section 8. A written agreement may address new jobs, qualified new jobs, full-time jobs, retained jobs, or any combination of new jobs, qualified new jobs, full-time jobs, or retained jobs.

  • Final Agreement means the agreement signed and ratified by the Parties at the end of Stage 5 of the BCTC Process.

  • Limit of Liability means, with respect to any Insuring Agreement, the limit of liability of the Underwriter for any Single Loss covered by such Insuring Agreement as set forth under the heading “Limit of Liability” in Item 3 of the Declarations or in any Rider for such Insuring Agreement.

  • Indemnity Obligations means all obligations of the Company to Indemnitee under this Agreement, including the Company’s obligations to provide indemnification to Indemnitee and advance Expenses to Indemnitee under this Agreement.

  • Express Waiver I desire to expressly waive any claim of confidentiality as to any and all information contained within our response to the competitive procurement process (e.g. RFP, CSP, Bid, RFQ, etc.) by completing the following and submitting this sheet with our response to Education Service Center Region 8 and TIPS. Signature Date

  • Amendment No. 6 means Amendment No. 6 to Financing Agreement, dated as of April 15, 2022, among the Loan Parties party thereto, the Administrative Agent and the Lenders party thereto.

  • Amendment No. 7 means the Seventh Amendment to Amended and Restated Credit Agreement, dated as of March 28, 2019, among Borrower, each of the Lenders party thereto and the Administrative Agent.

  • Indemnification Agreements has the meaning set forth in Section 2.5.

  • Breach of Duty means the Director or Officer breached or failed to perform his or her duties to the Corporation and his or her breach of or failure to perform those duties is determined, in accordance with Section 8.04, to constitute misconduct under Section 180.0851 (2) (a) 1, 2, 3 or 4 of the Statute.

  • Amendment No. 8 means Amendment No. 8, dated as of March 31, 2017, to this Agreement.

  • Actions or Proceedings means any action, suit, proceeding, arbitration or Governmental or Regulatory Authority investigation or audit.

  • Amendment No. 2 means that certain Amendment No. 2 to this Agreement dated as of the Amendment No. 2 Effective Date, by and among the Borrower, the Guarantors, the Administrative Agent and the Lenders party thereto.

  • Amendment No. 5 means that certain Amendment No. 5 to Credit Agreement, dated as of December 11, 2020, among the Borrower, the other Loan Parties party thereto, the Lenders party thereto, the Administrative Agent and the Collateral Agent.

  • Breach of trust means a breach of any duty imposed on a trustee by this Act or by the terms of the trust;

  • company limited by guarantee means a company having the liability of its members limited by the memorandum to such amount as the members may respectively undertake to contribute to the assets of the company in the event of its being wound up;

  • Severability If any provision of this Consulting Agreement is invalid, illegal, or unenforceable, the balance of this Consulting Agreement shall remain in effect, and if any provision is inapplicable to any person or circumstance, it shall nevertheless remain applicable to all other persons and circumstances.

  • Indemnity Agreement means that certain Indemnity Agreement dated as of the Closing Date by Borrower and Indemnitor in favor of Lender.

  • Indemnification Obligation means any existing or future obligation of any Debtor to indemnify current and former directors, officers, members, managers, agents or employees of any of the Debtors who served in such capacity, with respect to or based upon such service or any act or omission taken or not taken in any of such capacities, or for or on behalf of any Debtor, whether pursuant to agreement, the Debtors’ respective memoranda, articles or certificates of incorporation or formation, corporate charters, bylaws, operating agreements, limited liability company agreements, or similar corporate or organizational documents or other applicable contract or law in effect as of the Effective Date, excluding any obligation to indemnify any of the foregoing parties with respect to any act or omission for or on behalf of the Debtors arising out of any act or omission determined by a Final Order to constitute actual fraud, willful misconduct, or gross negligence.