Excluded Projects definition
Examples of Excluded Projects in a sentence
This Section shall not prohibit any transfer of the Excluded Projects to Affiliates of the Borrower or Borrower’s Member.
Excluded Projects are those in connection with the exploration of new oil and gas resources or reserves.
Notwithstanding the foregoing, and in addition thereto, Buyer shall have a right for remedy against Seller pursuant to the terms of this Agreement which claim is limited to the Excluded Projects only.
Subject to Section 3.07, each Borrower Group Company, the Business, each Covered Project and each Excluded Project are in compliance with all Applicable Laws applicable to the Borrower Group Companies, the Business, the Covered Projects and the Excluded Projects, except where the failure to do so, individually or in the aggregate, could not reasonably be expected to result in a Material Adverse Effect.
The Company shall apply all amounts borrowed by it under the Revolving Credit Facilities to pay for the refinancing of existing indebtedness of the Company, the design, development and construction of the Cotai Project and for the general corporate purposes of the Group (including investment in Excluded Subsidiaries, Excluded Projects or Resort Management Agreements).