Withholding of Consent. The Authority will not unreasonably withhold or delay its decision on whether the proposed transferee is a Suitable Substitute Project Co and it will, without limitation, be reasonable for the Authority to withhold its consent: (a) if there are unremedied breaches under the Project Agreement and there is no remedial program reasonably acceptable to the Authority in respect of the breaches; or (b) based on any of the factors set out in Section 16.3 (Factors Authority May Consider) of the Project Agreement with respect to any transfer, including any assignment, to such Person or Change in Control resulting from the transfer.
Appears in 10 contracts
Sources: Lenders’ Remedies Agreement, Lenders’ Remedies Agreement, Lenders’ Remedies Agreement
Withholding of Consent. The Authority will not unreasonably withhold or delay its decision on whether the proposed transferee is a Suitable Substitute Project Co and it will, without limitation, be reasonable for the Authority to withhold its consent:
(a) if there are unremedied breaches under the Project Agreement and there is no remedial program reasonably acceptable to the Authority in respect of the breaches; or
(b) based on any of the factors set out in Section 16.3 (Factors Authority May Consider) of the Project Agreement with respect to any transfer, including any assignment, to such Person or Change in Control resulting from the transfer.
Appears in 4 contracts
Sources: Lenders’ Remedies Agreement, Lenders’ Remedies Agreement, Lenders’ Remedies Agreement
Withholding of Consent. The Authority will not unreasonably withhold or delay its decision on whether the proposed transferee is a Suitable Substitute Project Co and it will, without limitation, be reasonable for the Authority to withhold its consent:
(a) if there are unremedied breaches under the Project Agreement and there is no remedial program reasonably acceptable to the Authority in respect of the breaches; or
(b) based on any of the factors set out in Section 16.3 16.4 (Factors Authority May Consider) of the Project Agreement with respect to any transfer, including any assignment, to such Person or Change in Control resulting from the transfer.
Appears in 2 contracts
Sources: Lenders’ Remedies Agreement, Lenders’ Remedies Agreement
Withholding of Consent. The Authority will not unreasonably withhold or delay its decision on whether the proposed transferee is a Suitable Substitute Project Operations Co and it will, without limitation, be reasonable for the Authority to withhold its consent:
(a) if there are unremedied breaches under the Project Agreement and there is no remedial program reasonably acceptable to the Authority in respect of the breaches; or
(b) based on any of the factors set out in Section 16.3 (Factors Authority May Consider) of the Project Agreement with respect to any transfer, including any assignment, to such Person or Change in Control resulting from the transfer.
Appears in 2 contracts
Sources: Lenders’ Remedies Agreement, Assignment of Master Agreement
Withholding of Consent. The Authority will not unreasonably withhold or delay its decision on whether the proposed transferee is a Suitable Substitute Project Co and it will, without limitation, be reasonable for the Authority to withhold its consent:
(a) if there are unremedied breaches under the Project Agreement and there is no remedial program reasonably acceptable to the Authority in respect of the breaches; or
(b) based on any of the factors set out in Section 16.3 ([Factors Authority May Consider) ] of the Project Agreement with respect to any transfer, including any assignment, to such Person or Change in Control resulting from the transfer.
Appears in 1 contract
Sources: Lenders’ Remedies Agreement
Withholding of Consent. The Authority Owner will not unreasonably withhold or delay its decision on whether the proposed transferee is a Suitable Substitute Project Co and it will, without limitation, be reasonable for the Authority Owner to withhold its consent:
(a) if there are unremedied breaches under the Project Agreement and there is no remedial program reasonably acceptable to the Authority Owner in respect of the breaches; or
(b) based on any of the factors set out in Section 16.3 (Factors Authority Owner May Consider) of the Project Agreement with respect to any transfer, including any assignment, to such Person or Change in Control resulting from the transfer.
Appears in 1 contract
Sources: Lenders’ Remedies Agreement