Common use of TERMINATION OF THE PROJECT AGREEMENT Clause in Contracts

TERMINATION OF THE PROJECT AGREEMENT. The Project Agreement and all obligations of the parties under the Project Agreement shall forthwith terminate upon: (i) full payment of the Withdrawn Loan Balance and all other Loan Payments due; or (ii) when all obligations of the Co-financing Agreement have been fully performed, whichever is later.”

Appears in 2 contracts

Samples: Project Agreement, Project Agreement

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TERMINATION OF THE PROJECT AGREEMENT. The Project Agreement and all obligations of the parties under the Project Agreement shall forthwith terminate upon: (i) full payment of the Withdrawn Loan Balance Balances and all other Loan Payments due; or (ii) when all obligations of the Co-financing Agreement have been fully performed, whichever is later.” Unless the context requires otherwise, the capitalized terms used in the Project Agreement have the meanings ascribed to them in the Loan Agreements, the Co-financing Agreement, or the General Conditions; and the following term has the following meanings:

Appears in 1 contract

Samples: Project Agreement

TERMINATION OF THE PROJECT AGREEMENT. The Project Agreement and all obligations of the parties under the Project Agreement shall forthwith terminate upon: (i) full payment of the Withdrawn Loan Balance and all other Loan Payments due; or (ii) when all obligations of the Co-financing Agreement have been fully performed, whichever is later.” Unless the context requires otherwise, the capitalized terms used in the Project Agreement have the meanings ascribed to them in the Loan Agreement or the General Conditions and the following terms have the following meanings:

Appears in 1 contract

Samples: Project Agreement

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TERMINATION OF THE PROJECT AGREEMENT. The Project Agreement and all obligations of the parties under the Project Agreement shall forthwith terminate upon: (i) full payment of the Withdrawn Loan Balance Balances and all other Loan Payments due; or (ii) when all obligations of the Co-financing Agreement have been fully performed, whichever is later.”

Appears in 1 contract

Samples: Project Agreement

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