Project Development Agreement definition
Examples of Project Development Agreement in a sentence
Customer agrees that JCI will incur significant cost by providing the services required by this Project Development Agreement and that all reasonable, actual, project development costs incurred will be included in the Total Price of the Work in the Energy Savings Performance Contract.
This Agreement, the Project Development Agreement and other agreements referred to herein constitute the entire agreement of the Parties with respect to the subject matter and the transaction envisaged in this Agreement and supersedes all previous agreements, understandings, correspondences and documents relating to the subject matter and the transaction envisaged herein.
Owner may at any time and without the consent of Guarantor assign all of its rights and obligations hereunder to any other Person in connection with an assignment of the applicable Project Development Agreement in accordance with the terms thereof.
In the event of any other amendments made to the Project Development Agreement that affect the use of the Site, whether directly or indirectly, if any portion of the Site is to be returned to GoK, such portion of the Site shall automatically revert back to GoK and this Agreement may need to be amended and hereby agree to take all necessary actions hereunder to implement the same.
Each existing MPT Party has the requisite power and authority to execute, deliver and carry out the terms of this Agreement, all documents and agreements necessary to give effect to the provisions of this Agreement, including the Master Lease and any Project Development Agreement, to which it is a signatory, and to consummate the transactions contemplated hereby and thereby, and to conduct its businesses as now being conducted and as proposed to be conducted.