Material Project Contracts definition

Material Project Contracts means the Project Agreement, the Construction Contract, the Construction Guarantee, any operations and maintenance contract for all or substantially all of the operations and maintenance obligations of the Borrower under the Project Agreement and the term of which ends no earlier than the Expiry Date; in each case as amended or replaced in accordance with the terms of the Series 2017 Loan Documents or the TIFIA Loan Documents.
Material Project Contracts means each (a) Data Center Lease/License to which the Pledgor is a party, (b) the Intercompany Services Agreement and (c) any other agreement explicitly designated as a “Material Project Contract” by the Borrower and the Lender Representative pursuant to the Credit Agreement and to which the Pledgor is a party.
Material Project Contracts means the Project Agreement, the Construction Contract, the Construction Guarantee, any operations and maintenance contract for all or substantially all of the operations and maintenance obligations of the Borrower under the Project Agreement and the term of which ends no earlier than the Expiry Date; in each case as amended or replaced in accordance with the terms of the Series 2017 Loan Documents, any Additional Loan Documents or the TIFIA Loan Documents.

Examples of Material Project Contracts in a sentence

  • Seller hereby covenants and agrees to use Commercially Reasonable Efforts to achieve Project Final Completion in accordance with the Scope of Work, the Final Drawings & Specifications, the Material Project Contracts, Laws, Prudent Industry Practices, and all other applicable terms and provisions of this Agreement (collectively, the “Requirements”).

  • Seller represents and warrants that all of the Material Project Contracts listed on Section 19.9(a) of the Disclosure Schedules as of the Signing Date were fully executed by ProjectCo or Seller, as applicable, and each counterparty thereto prior to the Signing Date.

  • There is no breach or default, or condition that with notice and/or the passage of time would constitute a breach or default by the Borrower (nor, to the Borrower’s knowledge, by any counterparty thereto) under the Material Project Contracts or the Data Center Leases/Licenses to which the Borrower is a party, except in each case to the extent that such breach, default or condition would not reasonably to have any Material Adverse Effect.

  • In addition, the Borrower shall provide Lender with advanced drafts of Material Project Contracts prior to the execution and delivery thereof.

  • As of the date hereof and the Closing Date, except as has been previously disclosed in writing to the Administrative Agent, none of the Material Project Contracts have been amended, modified or terminated (other than as a result of the expiration of the stated term of such Material Project Contract and not as a result of a breach or default thereunder).


More Definitions of Material Project Contracts

Material Project Contracts means (a) the Master Services Agreements, (b) the Intercompany Services Agreement, (c) the assignment agreements with respect to each Master Services Agreement between the Parent and the Borrower and (d) any other agreement designated as a “Material Project Contract” by the Borrower and the Lender Representative.
Material Project Contracts. (i) The EPC Contract, once Borrower has entered into such agreement, (ii) the Real Estate Documents, (iii) the Offtake Agreements, (iv) the Wellfield Contracts once entered into by the Borrower, and (v) transmission interconnection agreements once entered into by the Borrower, in each case, with respect to the Project.
Material Project Contracts has the meaning assigned to it in Appendix A to the MSA. “Member” or “Sponsor Member” means Plenary Roads Denver Ltd., a corporation established under the laws of the State of Colorado, and any successor thereto.
Material Project Contracts means (a) the Closing Date MSAs, (b) the Intercompany Services Agreement, (c) the assignment agreements with respect to each Closing Date MSA between the Parent and the Borrower and (d) any other agreement designated as a “Material Project Contract” by the Borrower and the Lender Representative.
Material Project Contracts means (a) any Lease; (b) the Construction Contracts; (c) the Electric Services Agreements; (d) each Additional Material Project Contract;
Material Project Contracts means the following material contracts executed by the Company relating to the Project, as such agreements have been amended, modified or supplemented: (a) each Major Offtake Agreement; (b) the Construction Services Agreement; (c) the O&M Agreements; (d) the Settlement Agreement, (e) Delivery Interconnect Agreements, (f) any replacement of any of the foregoing documents and (g) any additional Project Contract entered into on or after the Closing Date that provides for the payment to or by an Issuer Party of, or the provision to or by an Issuer Party of, goods or services with a value in excess of $500,000 in any calendar year or $1,000,000 for the term of such Project Contract other than any agreements in respect of Permitted Debt and any related Permitted Encumbrances, contracts for the purchase of insurance required by the Note Documents, contracts in respect of the decommissioning or abandonment of the Legacy System solely to the extent all obligations thereunder are paid directly by a Person other than an Issuer Party or all obligations of the Issuer Parties thereunder are indemnified and reimbursed by an Affiliate that is not an Issuer Party pursuant to the O&M Agreements, or documents in respect of Permitted Investments.