Examples of Second ARCA in a sentence
The obligations of the Department to the Step-in Entity in such capacity under the Second ARCA and this Agreement will also terminate upon the expiry of such notice.
The Department will use its reasonable efforts to facilitate the transfer to the Substitute of the Concessionaire’s obligations under the Second ARCA and this Agreement.
In the event of any conflict, ambiguity or inconsistency between the provisions of the Second ARCA and the provisions of this Agreement, the provisions of this Agreement will prevail.
Nothing in this Agreement amends or modifies any of the Concessionaire’s obligations to the Department under the Second ARCA.
No such performance by or on behalf of the Collateral Agent under this Section 3.02(a) will be construed as an assumption by the Collateral Agent, or any person acting on the Collateral Agent’s behalf, of any of the covenants, agreements or other obligations of the Concessionaire under the Second ARCA.
Capitalized terms used but not otherwise defined in this Agreement have the respective meanings set forth in Exhibit A to the Second ARCA.
The Department and the Collateral Agent will, for each other’s benefit, comply with the requirements of Section 18.02 of the Second ARCA as if any reference to the Concessionaire therein was a reference to the Collateral Agent.
The Original Credit Agreement has been amended and restated in the form of the First ARCA, the Second ARCA, the Third ARCA, the Fourth ARCA and the Fifth ARCA (such terms and other capitalized terms used in these preliminary statements being defined in Section 1.01 hereof).
All Revolving Loans and Letters of Credit outstanding under the Existing ARCA on the Second ARCA Effective Date shall remain outstanding hereunder on the terms set forth herein.
Should RW cost increase TU will provide additional $5,000,000 at VDOT request at later time as outlined in Section 7.08(d) NEXT Project ROW Cost of the Second ARCA.