Collateral Assignments. Either Party shall have the right, without the other Party's consent, but with a thirty (30) day prior written notice to the other Party, to make a collateral assignment of its rights under this Agreement to satisfy the requirements of any development, construction, or other long-term financing.
Appears in 3 contracts
Sources: Long Term Agreement for the Purchase and Sale of Electricity (Ormat Funding Corp.), Special Facilities Agreement (Brady Power Partners), Special Facilities Agreement (Ormat Funding Corp.)
Collateral Assignments. Either Party shall have the right, without the other Party's consent, but with a thirty (30) day prior written notice to the other Party, to make a collateral assignment of its rights under this Agreement to satisfy the requirements of any development, construction, or other long-term financing.
Appears in 2 contracts
Sources: Special Facilities Agreement (Ormat Funding Corp.), Special Facilities Agreement (Brady Power Partners)
Collateral Assignments. Either Party shall have the right, without the ---------------------- other Party's consent, but with a thirty (30) day prior written notice to the other Party, to make a collateral assignment of its rights under this Agreement to satisfy the requirements of any development, construction, or other long-term financing.
Appears in 1 contract
Sources: Long Term Agreement for the Purchase and Sale of Electricity (U S Envirosystems Inc /De/)
Collateral Assignments. Either Party shall have the right, without the other Party's consent, but with a thirty (30) day prior written notice to the other Party, to make a collateral assignment of its rights under this Agreement to satisfy the requirements of any __ development, construction, or other _____ long-term financing.
Appears in 1 contract
Sources: Long Term Agreement for the Purchase and Sale of Electricity (Ormat Funding Corp.)