Contractual Remedies. Each Specified Borrower Entity, and each Borrower Entity that is a party to a Project Document, shall diligently pursue all contractual remedies available to it to cause each Construction Contractor and any other person that operates the Project to (a) comply with all Applicable Laws that are applicable to the activities that such Person carries out under the Project Documents to which it is a party, and (b) procure, maintain and comply in all material respects with all Required Approvals that are required for such Person to perform its obligations under the Project Documents to which it is a party.
Appears in 1 contract
Sources: Loan Arrangement and Reimbursement and Sponsor Support Agreement (Rivian Automotive, Inc. / DE)
Contractual Remedies. Each Specified Borrower Entity, and each Borrower Entity that is a party to a Project Document, shall diligently pursue all contractual remedies available to it to cause each Construction Contractor and any other person Person that operates performs the Project operation of the Project, the Covered Spokes or any portion thereof for the Borrower Entities (if applicable) to (a) comply with all Applicable Laws that are applicable to the activities that such Person carries out under the Project Documents to which it is a party, and (b) procure, maintain and comply in all material respects with all Required Approvals that are required for such Person to perform its obligations under the Project Documents to which it is a party.
Appears in 1 contract
Sources: Loan Arrangement and Reimbursement Agreement (Li-Cycle Holdings Corp.)