Conditions Precedent to Payment. It shall be a condition precedent to Contractor’s entitlement to receive any payment from Owner under this Agreement that Contractor has provided to Owner, and is maintaining the (i) Parent Guarantee in accordance with Section 21.17, (ii) Letter of Credit in accordance with Section 9.2, and (iii) insurance policies in accordance with Section 9.1. 7.11 [***].
Appears in 4 contracts
Sources: Fixed Price Turnkey Agreement (NextDecade Corp), Epc Agreement (NextDecade Corp), Fixed Price Turnkey Agreement (NextDecade Corp.)
Conditions Precedent to Payment. It shall be a condition precedent to Contractor’s entitlement to receive any payment from Owner under this Agreement that Contractor has provided to Owner, and is maintaining maintaining, the (ia) Parent Guarantee in accordance with Section 21.17, (ii) Letter of Credit in accordance with Section 9.2, and (iiib) insurance policies in accordance with Section 9.1. 7.11 [***]Except for sums due and owing for LNTP Work (if any), Contractor shall also not be entitled to any compensation under this Agreement unless and until Contractor provides the Letter of Credit to Owner in accordance with Section 9.2.
Appears in 1 contract
Sources: Fixed Price Separated Turnkey Agreement (Cheniere Energy, Inc.)
Conditions Precedent to Payment. It shall be a condition precedent to Contractor’s entitlement to receive any payment from Owner under this Agreement that Contractor has provided to Owner, and is maintaining the Owner (i) the Parent Guarantee in accordance with Section 21.1721.13, (ii) the insurance certificates for policies referenced in Section 10.1, and (iii) is maintaining the insurance policies in accordance with Section 10.1. Additionally, it shall be a condition precedent to Contractor’s entitlement to receive any payment from Owner under this Agreement that Contractor has provided to Owner the Letter of Credit in accordance with Section 9.210.2 and, and (iii) insurance policies in accordance with if applicable, restored the Letter of Credit as required by Section 9.1. 7.11 [***]7.15.
Appears in 1 contract
Sources: Turnkey Agreement (Global Clean Energy Holdings, Inc.)
Conditions Precedent to Payment. It shall be a condition precedent to Contractor’s entitlement to receive any payment from Owner under this Agreement that Contractor has provided to Owner, and is maintaining the (i) Parent Guarantee in accordance with Section 21.17, (ii) Letter of Credit in accordance with Section 9.2, and (iii) insurance policies in accordance with Section 9.1. 7.11 [***]Article 9.
Appears in 1 contract
Sources: Construction Agreement (Cheniere Corpus Christi Holdings, LLC)
Conditions Precedent to Payment. It shall be a condition precedent to Contractor’s entitlement to receive any payment from Owner under this Agreement that Contractor has provided to Owner, and is maintaining the (i) Parent Guarantee in accordance with Section 21.17, (ii) Letter the Letters of Credit in accordance with Section 9.2Article 9, and (iiiii) the insurance policies in accordance with Section 9.1. 7.11 [***]Article 9.
Appears in 1 contract
Sources: Construction Agreement (Cheniere Corpus Christi Holdings, LLC)
Conditions Precedent to Payment. It shall be a condition precedent to Contractor’s entitlement to receive any payment from Owner under this Agreement that Contractor has provided to Owner, and is maintaining the (i) Parent Guarantee in accordance with Section 21.17, (ii) Letter of Credit in accordance with Section 9.2, and (iii) insurance policies in accordance with Section 9.1. 7.11 [***].
Appears in 1 contract