Permitted Assignment by Seller. Buyer’s consent shall not be required for Seller to pledge or assign the Facility, this Agreement or the revenues under this Agreement to any Lender as security for any Financing of the Facility; provided, however, if Seller requests Buyer’s consent to such an assignment, (i) Buyer shall provide that consent subject to Buyer’s execution of a consent to assignment in a form acceptable to Buyer and Seller, and (ii) Seller will reimburse Buyer for all “out of pocket” costs and expenses Buyer incurs in connection with that consent, without regarding to whether such consent is provided.
Appears in 7 contracts
Sources: Power Purchase Agreement, Power Purchase Agreement, Power Purchase Agreement
Permitted Assignment by Seller. Buyer’s consent shall not be required for Seller to pledge or assign the Facility, this Agreement or the revenues under this Agreement to any Lender as security for any Financing of the Facility; provided, however, if Seller requests Buyer▇▇▇▇▇’s consent to such an assignment, (i) Buyer shall provide that consent subject to Buyer’s execution of a consent to assignment in a form acceptable to Buyer and Seller, and (ii) Seller will reimburse Buyer for all “out of pocket” costs and expenses Buyer incurs in connection with that consent, without regarding to whether such consent is provided.
Appears in 3 contracts
Sources: Power Purchase Agreement, Power Purchase Agreement, Power Purchase Agreement
Permitted Assignment by Seller. Buyer’s consent shall not be required for Seller to pledge or assign the Facility, this Agreement or the revenues under this Agreement to any Lender as security for any Financing of the Facility; provided, however, if Seller requests Buyer’s consent to such an assignment, (i) Buyer shall provide that consent subject to Buyer’s execution of a consent to assignment in a form acceptable to Buyer and Seller, and (ii) Seller will reimburse Buyer for all “out of pocket” costs and expenses Buyer incurs in connection with that consent, without regarding to whether such consent is provided.provided.
Appears in 2 contracts
Permitted Assignment by Seller. Buyer’s consent shall not be required for Seller to pledge or assign the Facility, this Agreement or the revenues under this Agreement to any Lender Lenders as collateral security for any obligations under the Financing of the Facility; documents entered into with such Lender, provided, however, if Seller requests Buyer’s consent to such an assignment, ,
(i) Buyer shall provide that consent subject to Buyer’s execution of a consent to assignment in a form acceptable to Buyer and Seller, and (ii) Seller will reimburse Buyer for all “out of pocket” costs and expenses Buyer incurs in connection with that consent, without regarding regard to whether such consent is provided.provided.
Appears in 1 contract
Sources: Power Purchase Agreement
Permitted Assignment by Seller. Buyer’s consent shall not be required for Seller to: (i) assign this Agreement to an Affiliate of Seller that assumes all obligations to perform this Agreement; or (ii) pledge or assign the Facility, this Agreement or the revenues under this Agreement to any Lender as security for or in connection with any Financing of the Facility; provided, however, if Seller requests Buyer’s consent to such an assignment, (i) Buyer shall provide that consent subject to Buyer’s execution of a consent to assignment in a form acceptable to Buyer and Seller, and (ii) Seller will reimburse Buyer for all “out of pocket” costs and expenses Buyer incurs in connection with that consent, without regarding to whether such consent is provided.provided.
Appears in 1 contract
Sources: Power Purchase Agreement