Examples of Major Project Party in a sentence

Any expropriation, attachment, sequestration, implementation of any business rescue plan, distress or execution affects any asset or assets of any Major Project Party.
Any Major Project Party suspends, ceases, or threatens to suspend or cease, to carry on all or a substantial part of its business or to change the nature of its business from that undertaken at the Signature Date.
There are no material agreements to which any Major Project Party is a party which relate to the Project or the Secured Property, true and complete copies of which have not been delivered to the Agent.
No winding up, dissolution or similar process is pending or threatened against the Borrower or (to the knowledge of the Borrower) any other Major Project Party except, after the Closing Date, to the extent such process, if adversely determined, could not reasonably be expected to result in an Event of Default.
The Borrower has no reason to believe that any Government Approvals that have not been obtained by it or any other Major Project Party as of the date of this Agreement, but which will be required in the future, will not be obtained in due course on or prior to the time when necessary and will be free from any condition or requirement, compliance with which could reasonably be expected to have a Material Adverse Effect.

More Definitions of Major Project Party

Major Project Party means each party to a Major Project Document (other than the Borrower), each party replacing any such Major Project Party under the relevant Project Document or an agreement replacing such relevant Project Document, and any other Project Party designated as a Major Project Party by the Lender and the Borrower.

Major Project Party means each Obligor, the Contractor, the E&C Support Provider and any other parties which the Borrower and the Lenders agree in writing to be named as a Major Project Party.

Major Project Party means each party to a Major Project Contract other than any Company Entity.

Major Project Party means, with respect to any Plant with respect to which a Funding has been made or is being requested, each of Xxxxxxx (until the Conversion Date), the Construction Manager (until the Conversion Date), Delta-T, each Offtaker, each Corn Supplier, the Operator, the landlord under each Lease, the guarantor under any Project Document Guarantee guarantying the obligations of any other Major Project Party and any other Project Party designated as a Major Project Party by the Administrative Agent and the Borrowers' Agent.

Major Project Party means the collective reference to the following Persons (during the term of the applicable Project Contracts to which they are a party, it being understood and agreed that the term of any such Project Contract shall be deemed to terminate upon any exercise of an early termination option expressly contained in such Project Contract which, for the avoidance of doubt, shall not constitute any termination of any such Project Contract pursuant to any exercise of remedies): DLC, each FE Subsidiary, RES, REWSC, the Operator, Harwick, each other Project Party from time to time a party to any O&X Xxxxxment and each other Project Party which is both a party to any agreement set forth in any of the Operational Plans and is designated as a Major Project Party in any of the Operational Plans.

Major Project Party means the Borrower, the Project Company, each Member, CEG, PGET, PG&E, the Contractor, the Contractor Guarantors, the Operator, the Transmission Provider, PECO, TETCO, PSW, and each Person party to a Major Project Document, in each case until each Transaction Document to which such Person is a party has terminated or expired in accordance with its terms.