Lenders’ Technical Adviser definition

Lenders’ Technical Adviser means the advisor to be retained by the Intercreditor Agent to monitor the implementation of the technical, social and environmental aspects of the Project in accordance with the Common Terms Agreement (and referred to in Article 5.02 and Schedule 2 of this NTSEP Project Agreement).

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedBook a Demo

Lenders’ Technical Adviser means the advisor retained by the Finance Parties to monitor the implementation of the technical, social and environmental aspects of the Project in accordance with the Common Terms Agreement and funded by NN3PC;

Lenders’ Technical Adviser means Micon International Limited or such other person as may be appointed from time to time to perform the role of independent engineer in accordance with, and under, the terms of the Finance Documents.

Examples of Lenders’ Technical Adviser in a sentence

• Schedule Title 1 Senior Lenders and their Commitments 2 Form of Construction Completion Certificate 3 Form of Senior Lenders’ Technical Adviser Certificate 4 Initial Construction Period Budget 5 Construction Schedule 6 Form of Optional/Mandatory Long Term Facility Drawdown Request 7 Form of Drawdown Request 8 Drawdown Schedule 9 Dalkia International S.A. Corporate ▇▇▇▇▇▇▇▇▇ ▇▇ ▇▇▇▇▇▇ Corporation Ltd.

• The Agent shall have also received the approval of the Senior Lenders’ Technical Adviser of such matters expressly delegated to the Senior Lenders’ Technical Adviser in the form of the Drawdown Request at least ten (10) days prior to the Scheduled Drawdown Date.

• Subject to paragraph 10 (Unanticipated Project Impacts) of this Schedule 2, if NTPC proposes to amend any Environmental and Social Document, or proposes to conduct the Project contrary to its obligations under this Schedule 2, it must submit the proposal to the Association and the Intercreditor Agent, with a copy to the Lenders’ Technical Adviser, by no later than 60 days before the proposed amendment or conduct.

• The Agent shall have received confirmation from the Senior Lenders’ Technical Adviser that the construction of the Project is progressing in accordance with the Construction Schedule, the Construction Period Budget and any other relevant documents.

• The Agent shall have received the final report of the Senior Lenders’ Technical Adviser, which shall, inter alia, fully consider the construction, operation and maintenance risks of the Project and shall otherwise be in form and substance satisfactory to the Agent.

• NTPC shall (a) prepare for submission to the Intercreditor Agent, with a copy to the Association and the Lenders’ Technical Adviser, a draft Annual Implementation Plan based on the PIP, on or before March 1, each year (other than the first such Annual Implementation Plan which shall be produced prior to or at Financial Close), and (b) implement each such Plan upon the approval thereof in accordance with the further provisions of this paragraph 5.

More Definitions of Lenders’ Technical Adviser

Lenders’ Technical Adviser means such professionally qualified technical advisers as the Majority Lenders may from time to time appoint to monitor the Project on behalf of the Lenders for the purposes of this Agreement;

Lenders’ Technical Adviser means a lender technical advisor as may be appointed from time to time in relation to the Project by the Lenders with the consent of the Borrower (not to be unreasonably withheld or delayed);