Project Company Event of Default definition

Project Company Event of Default has the meaning set forth in Article 5.2.
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Project Company Event of Default has the meaning given in Section 7.2.
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Project Company Event of Default has the meaning given to it in Clause 17.1(a) (Event of Default).
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Examples of Project Company Event of Default in a sentence

  • The Notice of Intent to Terminate shall specify in reasonable detail the Project Company Event of Default or the GPA Event of Default, as the case may be, giving rise to such Notice.

  • The Project Company shall be in default under this Agreement upon the occurrence of any of the following events set forth in subsections (a) to (r) below (each a "Project Company Event of Default"); provided, however, that none of such events shall constitute a Project Company Event of Default if such event (a) results from a breach or default by GPA under this Agreement or the LLA or (b) occurs as a result of, or during, a Force Majeure pursuant to Article 17.

  • Event of Default means either Project Company Event of Default or GOI Event of Default or both as the context may admit or require.

  • Without prejudice to any other right or remedy which GOI may have in respect thereof under this Agreement, upon the occurrence of a Project Company Event of Default, GOI shall be entitled to terminate this Agreement by issuing 30 days Termination Notice.

  • If the Agreement is terminated due to Project Company Event of Default within 7 years from the date of sanction of Grant assistance by the Government under the Scheme, the Project assets created shall at the sole discretion of GOI be vested with the GOI.

  • Upon the occurrence of a GPA Event of Default or a Project Company Event of Default, as the case may be, the non-defaulting Party may, subject to the Lenders' Direct Agreement at its option, initiate termination of this Agreement by delivering a Notice (a "Notice of Intent to Terminate") of its intent to terminate this Agreement to the defaulting Party and the Agent.

  • Matthew Dupee, “Red on Red: Analyzing Afghanistan’s Intra-Insurgency Violence,” CTC Sentinel, January 2018.

  • The Project Company shall be in default under this Agreement upon the occurrence of any of the following events set forth in subsections (a) to (r) below (each a "Project Company Event of Default"); provided, however, that none of such events shall constitute a Project Company Event of Default if such event (a) results from a breach or default by GPA under this Agreement or the LLA or (b) occurs as a result of, or during, a Force Majeure pursuant to ARTICLE 17.

  • In the event that Project Company is unable to demonstrate in the Phase 2 Commercial Operation Tests (carried out in accordance with the foregoing subparagraph (d)(i)) that the Facility is capable of operating at Threshold Capacity, GPA may terminate this Agreement as a Project Company Event of Default in accordance with Article 5.5.

  • Upon expiration of such consultation period described in Clause 17.3(b), unless the Parties have otherwise agreed or unless the Buyer Event of Default or the Project Company Event of Default which is the subject of the Notice of Intent to Terminate has been remedied, the non-defaulting Party may terminate this Agreement by delivering a further notice to the defaulting Party in writing (the "Termination Notice"), whereupon this Agreement shall immediately terminate (the "Termination Date").


More Definitions of Project Company Event of Default

Project Company Event of Default has the meaning given in Section 7.2. “Project Contract” means any agreement related to the development, financing, construction, operation, and maintenance of the Facility to which the Project Company is a party other than this Agreement. “Risk Management Policy” means the risk management policy for the Project Company as adopted and approved by the GP Board. “Service Providers” means the Operator and each other Person hired by the Project Company, or by the Manager on behalf of the Project Company, to perform services for the Project Company, including, without limitation, Subcontractors and other providers of maintenance, repair and warranty services, certified public accountants, tax return preparers, law firms, engineering firms, and other professional advisors and consultants. “Services” means managing all of the operations and business of the Project Company, including, without limitation, the Services listed on Appendix I hereto but excluding those services which are expressly to be provided by (a) the Operator under the O&M Agreement or (b) the Manager or any of its Affiliates (other than Cheniere Energy Partners, L.P. and its subsidiaries) under any other operation and maintenance, management service or similar agreement or arrangement. “Subcontract” means any subcontract entered into between the Manager and any Subcontractor for the furnishing of Services to be provided hereunder by the Manager. 5 “Subcontractor” means any Person party to a Subcontract with the Manager. “Substantial Completion” has the meaning given in the O&M Agreement. “Substantial Completion Date” has the meaning given in the O&M Agreement. “Successor Manager” has the meaning given in Section 7.5. “Termination Date” has the meaning given in Section 7.4. “Termination Notice” has the meaning given in Section 7.4. “Train” means an LNG production train located at the Facility. ARTICLE 2
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Project Company Event of Default has the meaning set forth in Article 14.1.1;
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Project Company Event of Default shall have the meaning assigned thereto in Section 9.1.
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Project Company Event of Default means, with respect to any Project Company Subsidiary and related Approved Project, any one or more of the following events: (a) Failure to pay when due any principal or interest on any Working Capital Loans or any portion thereof attributable to such Project Company Guarantor and its Approved Project, when and as the same becomes due and payable, whether at the stated maturity thereof, by mandatory prepayment, by acceleration, demand or otherwise; or
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Related to Project Company Event of Default

  • Company Event of Default bears the meaning ascribed thereto in Section 13.1; “Company Notice of Default” bears the meaning ascribed thereto in Section 13.2;

  • PTC Event of Default means, with respect to each Trust Agreement, the failure to pay within 10 Business Days after the due date thereof: (i) the outstanding Pool Balance of the applicable Class of Certificates on the Final Legal Distribution Date for such Class or (ii) interest due on such Certificates on any Distribution Date (unless the Subordination Agent shall have made an Interest Drawing or a withdrawal from the Cash Collateral Account relating to a Liquidity Facility for such Class, with respect thereto in an aggregate amount sufficient to pay such interest and shall have distributed such amount to the Trustee entitled thereto).

  • Material Event of Default means any Event of Default arising under Section 10.01(a), 10.01(b) (solely with respect to a default related to Section 8.01, 8.20 or 9.13), 10.01(f), 10.01(i), 10.01(j), 10.01(n) or 10.01(o).

  • Owner Event of Default has the meaning specified in Section 16.2.

  • Liquidity Event of Default with respect to any Liquidity Facility, has the meaning assigned to such term in such Liquidity Facility.

  • Triggering Event of Default means (i) any Event of Default with respect to an obligation of the Mortgage Loan Borrower to pay money due under the Mortgage Loan or (ii) any non-monetary Event of Default as a result of which the Mortgage Loan becomes a Specially Serviced Mortgage Loan (which, for clarification, shall not include any imminent Event of Default (i.e., subclause (vii) of the definition of Special Servicing Loan Event)).

  • Lease Event of Default shall have the meaning specified in Section 17.1 of the Lease.

  • Potential Event of Default means any event which, with the giving of notice or the lapse of time or both, would constitute an Event of Default.

  • Senior Event of Default means an Event of Default under (and as defined in) the Senior Facilities Agreement.

  • Declaration Event of Default means an “Event of Default” as defined in the Declaration.

  • Note Event of Default means any “Event of Default” specified in Section 5.1 of the Indenture.

  • Acceleration Event of Default means an Event of Default under Section 5.1(a), (d), (e) or (f), whatever the reason for such Acceleration Event of Default and whether it shall be voluntary or involuntary or be effected by operation of law or pursuant to any judgment, decree or order of any court or any order, rule or regulation of any administrative or governmental body.

  • Collateral Event of Default has the meaning set forth in Section 13.01(b).

  • Loan Event of Default An “Event of Default” as defined in the Loan Agreement.

  • Financial Covenant Event of Default has the meaning specified in Section 8.01(b).

  • Bankruptcy Event of Default means any Event of Default under Section 8.01(f) of the Credit Agreement.

  • Specified Event of Default means any Event of Default under Section 8.01(a), (f) or (g).

  • Event of Default wherever used herein, means any one of the following events (whatever the reason for such Event of Default and whether it shall be voluntary or involuntary or be effected by operation of law or pursuant to any judgment, decree or order of any court or any order, rule or regulation of any administrative or governmental body):

  • Guarantee Event of Default means a default by the Guarantor on any of its payment or other obligations under this Guarantee.

  • Indenture Event of Default means an "Event of Default" as defined in the Indenture.

  • Guarantor Event of Default means the occurrence of any “Event of Default” under and as defined in the Performance Guaranty.

  • Servicer Event of Default wherever used herein, means any one of the following events:

  • Issuer Event of Default means the occurrence of any of the following events:

  • Debenture Event of Default means an "Event of Default" as defined in the Indenture.

  • Bond Event of Default means the occurrence of any of the following (or such event or condition which with notice or lapse of time or both would constitute any of the following):

  • Default under Specified Transaction provisions of Section 5(a)(v) will not apply to Party A and will not apply to Party B.