Material Project Parties definition
Examples of Material Project Parties in a sentence
The Borrower shall (i) at all times comply with all insurance requirements set forth in any Material Project Document, except to the extent that failure to so comply could not reasonably be expected to result in a Material Adverse Effect, with respect to the Project, and (ii) enforce the obligations of all Material Project Parties with respect to insurance requirements applicable to such Material Project Parties under the respective Material Project Documents.
As required by the Lenders, opinions of counsel to certain Material Project Parties in respect of each Material Project Document to which it is a party.
The Administrative Agent shall have received a copy of each Notice to Proceed that is required to be issued on or prior to the Closing Date by the terms of the Construction Contracts as specified in Schedule 5.19, which shall have been delivered to the applicable Material Project Parties under and in accordance with the applicable Construction Contracts.
Certified copies of (i) the most recent unaudited financial statements of the Borrower, the Pledgors and the Operator and (ii) to the extent available to the Borrower, the most recent audited financial statements of the other Material Project Parties (other than each counterparty (other than the Borrower) to a Lease Agreement or a Phase 2 Construction Contract).
Certified copies of (i) the most recent unaudited financial statements of the Borrower, the Pledgors and the Operator and (ii) to the extent available to the Borrower, the most recent audited financial statements of the other Material Project Parties (other than each counterparty (other than the Borrower) to a Lease Agreement and the Noble Option Agreement).
The Borrower shall (i) at all times comply with all insurance requirements set forth in any Material Project Document with respect to such Project, and (ii) enforce the obligations of the EPC Contractor or the Operator with respect to insurance requirements applicable to such Material Project Parties under the respective Material Project Documents.