Major Project Documents definition
Examples of Major Project Documents in a sentence
Each of the Financing Documents, Major Project Documents and Third Party Project Documents has been validly executed and delivered by such CalGen Company and constitutes a valid and legally binding obligation of such CalGen Company, enforceable against such CalGen Company in accordance with its terms, subject to bankruptcy, insolvency, fraudulent transfer, reorganization, moratorium and similar laws of general applicability relating to or affecting creditors' rights and to general equity principles.
The Borrower and each applicable Guarantor shall have executed and delivered the Major Project Documents to which it is a party and each such Major Project Document shall be in full force and effect prior to, or shall become in full force and effect simultaneously with, the Closing Date, on substantially the terms described in the Bank Book and other terms reasonably satisfactory to the Administrative Agent.
The Company shall perform (to the extent not excused by force majeure events or the nonperformance of the other party and not subject to a good faith dispute) all of its material contractual obligations under the Major Project Documents.
All Major Project Documents shall be in full force and effect and no default or event of default shall have occurred and be continuing under any Major Project Document.
The Administrative Agent shall have received a satisfactory report of the Independent Engineer discussing such matters as to the Projects as the Lenders may require, including (i) technical aspects of the Projects; (ii) all Major Project Documents; (iii) operating budget; (iv) maintenance program; and (v) pro forma revenues and operating expenses with respect to the Projects, and dated no earlier than fifteen (15) days prior to the Closing Date.