Permitted Assignments by Seller. Notwithstanding Section 8.01, NYSERDA’s consent shall not be required for Seller to either (a) pledge or assign the Selected Project, this Agreement, or the accounts, revenues, or proceeds from this Agreement in connection with financing arrangements, or (b) assign the Selected Project and this Agreement to an Affiliate if the then-current Contract Security remains in place. Upon Seller’s reasonable request, XXXXXXX shall execute a consent to assignment associated with a financing in a commercially reasonable form acceptable to NYSERDA and Seller.
Appears in 3 contracts
Samples: Purchase and Sale Agreement, Purchase and Sale Agreement, Renewable Energy Certificate Purchase and Sale Agreement
Permitted Assignments by Seller. Notwithstanding Section 8.01, NYSERDA’s consent shall not be required for Seller to either (a) pledge or assign the Selected Project, this Agreement, or the accounts, revenues, or proceeds from this Agreement in connection with financing arrangements, or (b) assign the Selected Project and this Agreement to an Affiliate if the then-current Contract Security remains in place. Upon Seller’s reasonable request, XXXXXXX shall execute a consent to assignment associated with a financing in a commercially reasonable form acceptable to NYSERDA and Seller.
Appears in 2 contracts
Samples: Renewable Energy Certificate Purchase and Sale Agreement, Renewable Energy Certificate Purchase and Sale Agreement
Permitted Assignments by Seller. Notwithstanding Section 8.01, NYSERDA’s consent shall not be required for Seller to either (a) pledge or assign the Selected Project, this Agreement, or the accounts, revenues, or proceeds from this Agreement in connection with financing arrangements, or (b) assign the Selected Project and this Agreement to an Affiliate affiliate if the then-current Contract Security remains in place. Upon Seller’s reasonable request, XXXXXXX shall NYSERDX xxxxx execute a consent to assignment associated with a financing in a commercially reasonable form acceptable assignment, or other documents (including estoppel certificates related to NYSERDA and Seller.any financing),
Appears in 1 contract
Samples: Renewable Energy Certificate Purchase and Sale Agreement
Permitted Assignments by Seller. Notwithstanding Section 8.01, NYSERDA’s consent shall not be required for Seller to either (a) pledge or assign the Selected Project, this Agreement, or the accounts, revenues, or proceeds from this Agreement in connection with financing arrangements, or (b) assign the Selected Project and this Agreement to an Affiliate affiliate if the then-current Contract Security remains in place. Upon Seller’s reasonable request, XXXXXXX NYSERDA shall execute a consent to assignment associated with a financing in a commercially reasonable form acceptable assignment, or other documents (including estoppel certificates related to NYSERDA and Seller.any financing),
Appears in 1 contract
Samples: Renewable Energy Certificate Purchase and Sale Agreement
Permitted Assignments by Seller. Notwithstanding Section 8.01, NYSERDA’s consent shall not be required for Seller to either (a) pledge or assign the Selected Project, this Agreement, or the accounts, revenues, or proceeds from this Agreement in connection with financing arrangements, or (b) assign the Selected Project and this Agreement to an Affiliate affiliate if the then-current Contract Security remains in place. Upon Seller’s reasonable request, XXXXXXX shall execute a consent to assignment associated with a financing in a commercially reasonable form acceptable to NYSERDA NYERSDA and Seller.
Appears in 1 contract
Samples: Purchase and Sale Agreement
Permitted Assignments by Seller. Notwithstanding Section 8.01, NYSERDA’s consent shall not be required for Seller to either (a) pledge or assign the Selected Project, this Agreement, or the accounts, revenues, or proceeds from this Agreement in connection with financing arrangements, or (b) assign the Selected Project and this Agreement to an Affiliate if the then-current Contract Security remains in place. Upon Seller’s reasonable request, XXXXXXX shall NYSEXXX xxxll execute a consent to assignment associated with a financing in a commercially reasonable form acceptable to NYSERDA and Seller.
Appears in 1 contract
Samples: Purchase and Sale Agreement
Permitted Assignments by Seller. Notwithstanding Section 8.01, NYSERDA’s consent shall not be required for Seller to either (a) pledge or assign the Selected Project, this Agreement, or the accounts, revenues, or proceeds from this Agreement in connection with financing arrangements, or (b) assign the Selected Project and this Agreement to an Affiliate affiliate if the then-current Contract Security remains in place. Upon Seller’s reasonable request, XXXXXXX NYSERDA shall execute a consent to assignment associated with a financing in a commercially reasonable form acceptable to NYSERDA NYERSDA and Seller.
Appears in 1 contract
Samples: Purchase and Sale Agreement
Permitted Assignments by Seller. Notwithstanding Section 8.01, NYSERDA’s consent shall not be required for Seller to either (a) pledge or assign the Selected ProjectBid Facility, this Agreement, or the accounts, revenues, or proceeds from this Agreement in connection with financing arrangements, or (b) assign the Selected Project Bid Facility and this Agreement to an Affiliate affiliate if the then-current Contract Security remains in place. Upon Seller’s reasonable request, XXXXXXX shall execute a consent to assignment associated with a financing in a commercially reasonable form acceptable to NYSERDA and Seller.to
Appears in 1 contract
Samples: Form Agreement
