Non-Disturbance Agreement. (a) If the CTC mortgages, charges or otherwise encumbers the Site, the CTC shall notify Project Co and, at the request of Project Co, provide Project Co with an agreement, in form satisfactory to Project Co, acting reasonably, executed by the mortgagee of the Site permitting Project Co and the Lenders’ Agent to access and use the Site under the licence granted pursuant to this Section 16 and the Lenders’ Direct Agreement, respectively, free from interference from the mortgagee or any person claiming by or through the mortgagee. This Section 16.5 shall not apply in respect of any portion of the Site used or developed pursuant to Section 16.2(b) if neither the licence granted pursuant to this Section 16 nor the Works pertain to such portion of the Site
Appears in 1 contract
Sources: Project Agreement
Non-Disturbance Agreement. (a) If the CTC HRRH mortgages, charges or otherwise encumbers the Site, the CTC HRRH shall notify Project Co and, at the request of Project Co, provide Project Co with an agreement, in form satisfactory to Project Co, acting reasonably, executed by the mortgagee of the Site permitting Project Co and the Lenders’ Agent to access and use the Site under the licence granted pursuant to this Section 16 14 and the Lenders’ Direct Agreement, respectively, free from interference from the mortgagee or any person claiming by or through the mortgagee. This Section 16.5 14.6 shall not apply in respect of any portion of the Site used or developed pursuant to Section 16.2(b14.2(b) if neither the licence granted pursuant to this Section 16 14 nor the Works Project Operations pertain to such portion of the Site.
Appears in 1 contract
Sources: Project Agreement
Non-Disturbance Agreement. (a) If the CTC SMH mortgages, charges or otherwise encumbers the Site, the CTC SMH shall notify Project Co and, at the request of Project Co, provide Project Co with an agreement, in form satisfactory to Project Co, acting reasonably, executed by the mortgagee of the Site permitting Project Co and the Lenders’ Agent to access and use the Site under the licence granted pursuant to this Section 16 and the Lenders’ Direct Agreement, respectively, free from interference from the mortgagee or any person claiming by or through the mortgagee. This Section 16.5 16.6 shall not apply in respect of any portion of the Site used or developed pursuant to Section 16.2(b) if neither the licence granted pursuant to this Section 16 nor the Works pertain to such portion of the Site.
Appears in 1 contract
Sources: Project Agreement
Non-Disturbance Agreement. (a) If the CTC IO mortgages, charges or otherwise encumbers the Site, the CTC IO shall notify Project Co and, at the request of Project Co, provide Project Co with an agreement, in form satisfactory to Project Co, acting reasonably, executed by the mortgagee of the Site permitting Project Co and the Lenders’ Agent to access and use the Site under the licence granted pursuant to this Section 16 14 and the Lenders’ Direct Agreement, respectively, free from interference from the mortgagee or any person claiming by or through the mortgagee. This Section 16.5 14.6 shall not apply in respect of any portion of the Site used or developed pursuant to Section 16.2(b14.2(b) if neither the licence granted pursuant to this Section 16 14 nor the Works Project Operations pertain to such portion of the Site.
Appears in 1 contract
Sources: Project Agreement
Non-Disturbance Agreement. (a) If the CTC Contracting Authority mortgages, charges or otherwise encumbers the Site, the CTC Contracting Authority shall notify Project Co and, at the request of Project Co, provide Project Co with an agreement, in form satisfactory to Project Co, acting reasonably, executed by the mortgagee of the Site permitting Project Co and the Lenders’ Agent to access and use the Site under the licence granted pursuant to this Section 16 and the Lenders’ Direct Agreement, respectively, free from interference from the mortgagee or any person claiming by or through the mortgagee. This Section 16.5 16.6 shall not apply in respect of any portion of the Site used or developed pursuant to Section 16.2(b) if neither the licence granted pursuant to this Section 16 nor the Works pertain to such portion of the Site.
Appears in 1 contract
Sources: Project Agreement
Non-Disturbance Agreement. (a) If the CTC JBH mortgages, charges or otherwise encumbers the Site, the CTC JBH shall notify Project Co and, at the request of Project Co, provide Project Co with an agreement, in form satisfactory to Project Co, acting reasonably, executed by the mortgagee of the Site permitting Project Co and the Lenders’ Agent to access and use the Site under the licence granted pursuant to this Section 16 and the Lenders’ Direct Agreement, respectively, free from interference from the mortgagee or any person claiming by or through the mortgagee. This Section 16.5 16.6 shall not apply in respect of any portion of the Site used or developed pursuant to Section 16.2(b) if neither the licence granted pursuant to this Section 16 nor the Works pertain to such portion of the Site.
Appears in 1 contract
Sources: Project Agreement
Non-Disturbance Agreement. (a) If the CTC NHS mortgages, charges or otherwise encumbers the Site, the CTC NHS shall notify Project Co and, at the request of Project Co, provide Project Co with an agreement, in form satisfactory to Project Co, acting reasonably, executed by the mortgagee of the Site permitting Project Co and the Lenders’ ' Agent to access and use the Site under the licence granted pursuant to this Section 16 14 and the Lenders’ ' Direct Agreement, respectively, free from interference from the mortgagee or any person claiming by or through the mortgagee. This Section 16.5 14.6 shall not apply in respect of any portion of the Site used or developed pursuant to Section 16.2(b14.2(b) if neither the licence granted pursuant to this Section 16 14 nor the Works Project Operations pertain to such portion of the Site.
Appears in 1 contract
Sources: Project Agreement