Common use of AUTHORITY'S STEP-IN RIGHTS Clause in Contracts

AUTHORITY'S STEP-IN RIGHTS. 43 11.1 Authority’s Step-in Rights 43 11.2 Authority’s Rectification Rights 44 11.3 Notice of Facility Change 44 11.4 No Effect on Project Co’s Design and Construction Responsibility 44 11.5 Allocation of Costs for Authority Actions 45 12. PROJECT CO EVENTS OF DEFAULT 45 12.1 Project Co Events of Default 45 12.2 Notification 46

AUTHORITY'S STEP-IN RIGHTS. 43 35 11.1 Authority’s Step-in Rights 43 35 11.2 Authority’s Rectification Rights 44 36 11.3 Notice of Facility Change 44 36 11.4 No Effect on Project Co’s Design and Construction Responsibility 44 37 11.5 Allocation of Costs for Authority Actions 45 37 12. PROJECT CO EVENTS OF DEFAULT 45 37 12.1 Project Co Events of Default 45 37 12.2 Notification 4638 12.3 Project Co Material Breach Cure and Remedial Program 39 12.4 Authority Termination Right 39 12.5 The Authority’s Costs 40

AUTHORITY'S STEP-IN RIGHTS. 43 36 11.1 Authority’s Step-in Rights 43 36 11.2 Authority’s Rectification Rights 44 37 11.3 Notice of Facility Change 44 37 11.4 No Effect on Project Co’s Design and Construction Responsibility 44 38 11.5 Allocation of Costs for Authority Actions 45 38 12. PROJECT CO EVENTS OF DEFAULT 45 38 12.1 Project Co Events of Default 45 38 12.2 Notification 4639 12.3 Project Co Material Breach Cure and Remedial Program 39