Common use of Support for Obligations Clause in Contracts

Support for Obligations. 8.4.1 Upon reasonable request by the Concessionaire, the Authority shall use its reasonable efforts and its good offices to support the Concessionaire’s performance of its obligations under and pursuant to this Agreement, including, its obligations to design, finance, insure, acquire, construct, complete, commission, own, operate and maintain the Concession Assets. If the Concessionaire has failed to comply with its obligations under any Authority Agreement and such failure is the principal cause of the Concessionaire’s difficulties in performing such activities, the Authority may advise the Concessionaire of such determination, and the Authority shall not be obligated to take any action to assist the Concessionaire until such time as the Concessionaire has fully complied with its obligations under the Authority Agreements. By agreeing to use its reasonable efforts and its good offices to support the Concessionaire’s efforts, the Authority has not relieved, and does not relieve in any way, the Concessionaire of its obligations or potential liability under the Authority Agreements and the other documents comprising the Project Agreements.

Support for Obligations. 8.4.1 Upon reasonable request by the Concessionaire, the Authority Agency shall use its reasonable efforts and its good offices to support the Concessionaire’s performance of its obligations under and pursuant to this Agreement, including, its obligations to design, finance, insure, acquire, construct, complete, commission, own, operate and maintain the Concession Assets. If the Concessionaire has failed to comply with its obligations under any Authority Agency Agreement and such failure is the principal cause of the Concessionaire’s difficulties in performing such activities, the Authority Agency may advise the Concessionaire of such determination, and the Authority Agency shall not be obligated to take any action to assist the Concessionaire until such time as the Concessionaire has fully complied with its obligations under the Authority Agency Agreements. By agreeing to use its reasonable efforts and its good offices to support the Concessionaire’s efforts, the Authority Agency has not relieved, and does not relieve in any way, the Concessionaire of its obligations or potential liability under the Authority Agency Agreements and the other documents comprising the Project Agreements.