Material Project Party definition

Material Project Party means each party to a Material Project Document (other than the Borrower) and each guarantor or provider of security or credit support in respect thereof.

Material Project Party means, at any particular time, each Person (other than the Obligors) party to a Material Project Document at such time.

Material Project Party a party to any of the Closing Documents;

Examples of Material Project Party in a sentence

• The Borrower shall (i) procure at its own expense and maintain in full force and effect and (ii) cause the EPC Contractor, the Operator and each other Material Project Party, as applicable, to procure at such Person’s own expense and maintain in full force and effect, the insurance set forth on, and subject to the provisions of, Schedule 6.6 of the Common Terms Agreement and any insurance required to be maintained by such Person pursuant to its applicable Project Document.

• The Borrower shall (i) procure at its own expense and maintain in full force and effect and (ii) cause the EPC Contractor, the Operator and each other Material Project Party, as applicable, to procure at such Person’s own expense and maintain in full force and effect, the insurance set forth on, and subject to the provisions of, Schedule 6.6 and any insurance required to be maintained by such Person pursuant to its applicable Project Document.

• All insurance required to be obtained by the Borrower has been obtained and is in full force and effect and materially complies with Section 8.05 and Schedule 8.05, and all premiums then due and payable on all such insurance have been paid, and to the Borrower’s Knowledge, all insurance required to be obtained by a Material Project Party pursuant to a Material Project Document has been obtained and is in full force and effect and materially complies with Section 8.05 and Schedule 8.05.

• No later than the third Business Day following the date of receipt by any Loan Party of any termination payment or liquidated damages paid by a Material Project Party under a Material Project Document in excess of $100,000,000, the Borrower shall prepay the Loans as set forth in Section 2.12(b) in an aggregate amount equal to such payment.

• No Material Project Party is in default in any material respect of any material covenant or material obligation set forth in any Material Project Document and no condition has occurred that would become such a default with the giving of notice or lapse of time.

More Definitions of Material Project Party

Material Project Party means (a) each Subject Company and (b) each Primary Off-Taker and each lessor of any Facility to a Subject Company if, with respect to the Persons included in (b), the bankruptcy or insolvency of such Person could reasonably be expected to result in a Material Adverse Effect.

Material Project Party means any party to a Material Project Document other than the Borrower.

Material Project Party means each Obligor, CUCBM and Shanxi Provincial.

Material Project Party means each Person, other than the Project Company, party to any of the Material Project Documents, each Person, other than the Project Company, party to an Additional Project Document and, in the event that the Material Project Document to which any such Person is or was a party has been replaced with a Replacement Project Document, the Person (other than the Project Company) party to such Replacement Project Document.

Material Project Party means any Person (other than a Loan Party) party to a Material Project Agreement from time to time. NYDOCS02/1023777.17Midway Gold – Pan Gold Project – Credit Agreement

Material Project Party means ENEE, Elcosa, the Supplier, XXXXX, any Affiliate party to any Project Document and any other counterparty (other than MINOSA under the MINOSA Cooperation Agreement and the MINOSA PPA) under any Material Project Document that remains an executory contract after the Effective Date that is an Affiliate of the Borrower or of any Shareholder.

Material Project Party. Each Person (other than the Borrower) who is a party to a Principal Project Document.