Common use of Evaluation of the Proposal Clause in Contracts

Evaluation of the Proposal. In the Issuer's opinion, the Proposal represents a timely response to the current market conditions and constitutes an adequate and necessary preventive measure to protect the Bondholders’ values. If the Bondholders fail to approve the Proposal, there is a distinct risk that the Issuer may default on its interest payments under the Bonds or not be able to continue with the development of the projects that are securing the Bonds. Accordingly, in the Issuer's opinion, it is in the best interest of the Bondholders to approve the Proposal.