Common use of Project Development Clause in Contracts

Project Development. Based on information available to the Borrower as of any date on which this representation is made or deemed repeated, the Borrower reasonably expects that (a) Substantial Completion under each P1 EPC Contract will occur on or before the Date Certain and (b) it will receive feed gas for the Project from the Rio Bravo Pipeline, Valley Crossing Pipeline, or one or more Alternative Pipelines in volumes sufficient to comply with Section 4.6C (Natural Gas Feed to Achieve Substantial Completion) of the T1/T2 EPC Contract and Section 4.6C (Natural Gas Feed to Achieve Substantial Completion) of the T3 EPC Contract.

Appears in 6 contracts

Sources: Credit Agreement (NextDecade Corp), Credit Agreement (NextDecade Corp), Cd Credit Agreement (NextDecade Corp.)

Project Development. Based on information available to the Borrower as of any date on which this representation is made or deemed repeated, the Borrower reasonably expects that (a) Substantial Completion under each P1 EPC Contract will occur on or before the Date Certain and (b) it will receive feed gas for the Project from the Rio Bravo Pipeline, Valley Crossing Pipeline, or one or more Alternative Pipelines in volumes sufficient to comply with Section 4.6C (Natural Gas Feed to Achieve Substantial Completion) of the |US-DOCS\137622719.74|| T1/T2 EPC Contract and Section 4.6C (Natural Gas Feed to Achieve Substantial Completion) of the T3 EPC Contract.

Appears in 1 contract

Sources: Credit Agreement (NextDecade Corp)