Agreement Default. Any Financing Agreement or Project Agreement or any other agreement required in connection with the construction or operation of the Project or ancillary services shall have been terminated, rescinded or cancelled for any reason (unless the Bank shall have consented to such termination in accordance with Section 5.09(b)); or any Project Agreement shall have been modified or amended without the prior written consent of the Bank; or any Financing Agreement or Project Agreement shall be or become void or unenforceable or shall be claimed to be so by any party thereto (other than a Project Lender).
Appears in 2 contracts
Sources: Loan Agreement (Amax Gold Inc), Loan Agreement (Amax Gold Inc)
Agreement Default. Any Financing Agreement or Project Agreement or any other agreement required in connection with the construction or operation of the Project or ancillary services shall have been terminated, rescinded or cancelled for any reason (unless the Bank shall have consented to such termination in accordance with Section 5.09(b)); or any Project Agreement shall have been modified or amended without the prior written consent of the Bank; or any Financing Agreement or Project Agreement shall be or become void or unenforceable or shall be claimed to be so by any party thereto (other than a Project Lenderthe Bank).
Appears in 1 contract
Sources: Loan Agreement (Kinam Gold Inc)