Performance of Obligations; Enforcement of Rights. Each Loan Party shall (i) duly observe and perform all material terms and conditions of the Material Agreements, (ii) take all such action to enforce its rights and remedies under each Material Agreement as necessary or appropriate in its reasonable business judgment consistent with past practice and, following the occurrence and during the continuance of an Event of Default, as may from time to time be reasonably requested by the Administrative Agent and (iii) make to each other party to each such Material Agreement such demands and requests for information and reports or for action as such Loan Party is entitled to make thereunder as necessary or appropriate in its reasonable business judgment consistent with past practice and, following the occurrence and during the continuance of an Event of Default, as may from time to time be reasonably requested by the Administrative Agent. Additionally, at any time after the Closing Date as may be agreed by the Borrower and the Administrative Agent, the Borrower and each other applicable Loan Party shall seek a written acknowledgment from all or a subset of the Licensees that, with respect to each such Licensee, such Licensee has received a Direction to Pay from the Borrower, that the payment instructions set forth therein may not be changed without the consent of the Administrative Agent and as to such other matters as may be agreed by the Borrower and the Administrative Agent.
Performance of Obligations; Enforcement of Rights. Fully and ------------------------------------------------- faithfully carry out all of its obligations, and cause the Partnership to fully and faithfully carry out all of the Partnership's obligations, from time to time under or in respect of the Operative Documents, except to the extent that the failure to comply therewith could not reasonably be expected to have a material adverse effect on the business, properties, operations, condition (financial or otherwise) or prospects of the Managing General Partner or the Partnership, as the case may be, and, without limiting the generality of the foregoing, to the extent of available Partnership funds (including, without limitation, proceeds of loans under the Midlantic Agreements or under such other working capital facility as may be approved by the Limited Partner), pay all amounts payable by the Partnership thereunder. The Managing General Partner will use its best efforts to take any and all such action as may be necessary to enforce its and the Partnership's rights and to collect any and all sums due it or the Partnership under the Project Documents and will use its best efforts to obtain all necessary Permits and other approvals of Governmental Authorities to keep such Project Documents in full force and effect. Without limiting the generality of the foregoing, it will:
Performance of Obligations; Enforcement of Rights. Fully and faithfully carry out all of its obligations, and cause each of the Partnership and North Country to fully and faithfully carry out all of its obligations, from time to time under or in respect of the Basic Documents, and, without limiting the generality of the foregoing, cause the Partnership and North Country to pay all amounts payable by the Partnership or North Country thereunder. The Managing General Partner will take any and all such action as may be necessary to enforce its, the Partnership's and North Country's rights and to collect any and all sums due it, the Partnership or North Country under the Project Contracts and will obtain all necessary Governmental Approvals to keep such Project Contracts in full force and effect. Without limiting the generality of the foregoing, it will:
