Common use of STEP-IN AND STEP-OUT Clause in Contracts

STEP-IN AND STEP-OUT. 3.1 Step-In Notice (a) no later than 10 Business Days after termination of the Project Agreement if the Project Agreement was terminated by the Authority; and (b) no later than 10 Business Days after delivery of the Termination Notice to the Authority.

Appears in 7 contracts

Sources: Collateral Agreement, Material Contract Party Collateral Agreement, Material Project Contractor Collateral Agreement

STEP-IN AND STEP-OUT. 3.1 Step-In Notice (a) no later than 10 Business Days 30 days after termination of the Project Agreement if the Project Agreement was terminated by the Authority; and (b) no later than 10 Business Days 30 days after delivery of the Termination Notice to the Authority.

Appears in 2 contracts

Sources: Lenders’ Remedies Agreement, Assignment of Master Agreement

STEP-IN AND STEP-OUT. 3.1 Step-In Notice (a) no later than 10 Business Days after termination of the Project Agreement if the Project Agreement was terminated by the AuthorityCity; and (b) no later than 10 Business Days after delivery of the Termination Notice to the AuthorityCity.

Appears in 1 contract

Sources: Project Agreement

STEP-IN AND STEP-OUT. 3.1 Step-In in Notice (a) no later than 10 Business Days after termination of the Project Agreement if the Project Agreement was terminated by the Authority; and (b) no later than 10 Business Days after delivery of the Termination Notice to the Authority.

Appears in 1 contract

Sources: Material Project Contractor Collateral Agreement

STEP-IN AND STEP-OUT. 3.1 Step-In Notice (a) no later than 10 Business Days after termination of the Project Agreement if the Project Agreement was terminated by the AuthorityOwner; and (b) no later than 10 Business Days after delivery of the Termination Notice to the AuthorityOwner.

Appears in 1 contract

Sources: Design Builder Collateral Agreement

STEP-IN AND STEP-OUT. 3.1 Step-In Notice (a) no earlier than 5 Business Days and no later than 10 Business Days after termination of the Project Agreement if the Project Agreement was terminated by the AuthorityCity; and (b) no earlier than 5 Business Days and no later than 10 Business Days after delivery of the Termination Notice to the AuthorityCity.

Appears in 1 contract

Sources: Project Agreement