Examples of Principal Project Contracts in a sentence
The Borrower is not in breach of any material term in or in default under any Principal Project Contract, and to the knowledge of the Borrower, no party to any of such Principal Project Contracts is in breach of any material term therein or in default thereunder.
As of any date this representation and warranty is made, each Principal Project Contract that is then in effect and the Governmental Approvals that have been obtained and are then in full force and effect create rights in the Borrower sufficient to enable the Borrower to own or lease, as applicable, construct, operate, maintain and repair the Project and to perform its obligations under the Principal Project Contracts to which it is a party.
CDOT is not in breach of any material term in or in default under any of such Principal Project Contracts, and to the knowledge of CDOT, no other party to any of such agreements or contracts is in breach of any material term therein or in default thereunder.
As of any date this representation and warranty is made, each contract listed on the Principal Project Contract Schedule that is then in effect and the Governmental Approvals that have been obtained and are then in full force and effect create rights in the Borrower sufficient to enable the Borrower to own or lease, as applicable, construct, operate, maintain and repair the Project and to perform its obligations under the Principal Project Contracts related to the Project to which it is a party.
Attached as Schedule 12(n) (Principal Project Contracts) is a list of the Existing Principal Project Contracts and all Additional Principal Project Contracts that are expected to be entered into.