Common use of Assignment by way of Security Clause in Contracts

Assignment by way of Security. The Generator shall be entitled, without the consent of the Offtaker, to assign all (but not part) of its rights and benefits under this Agreement by way of security to or in favour of any Lender.

Appears in 1 contract

Sources: Backstop Power Purchase Agreement

Assignment by way of Security. β€Œ The Generator shall be entitled, without the consent of the Offtaker, to assign all (but not part) of its rights and benefits under this Agreement by way of security to or in favour of any Lender.

Appears in 1 contract

Sources: Backstop Power Purchase Agreement