Material Project Contracts definition
Material Project Contracts means the Project Agreement, the Construction Contract, the Construction Guarantee, any operations and maintenance contract for all or substantially all of the operations and maintenance obligations of the Borrower under the Project Agreement and the term of which ends no earlier than the Expiry Date; in each case as amended or replaced in accordance with the terms of the Series 2017 Loan Documents or the TIFIA Loan Documents.
Material Project Contracts means (a) the Master Services Agreements, (b) the Intercompany Services Agreement, (c) the assignment agreements with respect to each Master Services Agreement between the Parent, the Borrower and the Subsidiaries of the Borrower and (d) any other agreement designated as a “Material Project Contract” by the Borrower and the Lender Representative.
Material Project Contracts means the Project Agreement, the Construction Contract, the Construction Guarantee, any operations and maintenance contract for all or substantially all of the operations and maintenance obligations of the Borrower under the Project Agreement and the term of which ends no earlier than the Expiry Date; in each case as amended or replaced in accordance with the terms of the Series 2017 Loan Documents, any Additional Loan Documents or the TIFIA Loan Documents.
Examples of Material Project Contracts in a sentence
No event has occurred and is continuing which, with the passage of time or the giving of notice or both, would constitute a “default” or “event of default” under any loan agreement, indenture, bond, note, resolution, agreement or other instrument to which a Borrower is a party or is otherwise subject, including under any of the other Loan Documents, Note Documents or the Material Project Contracts.
More Definitions of Material Project Contracts
Material Project Contracts means each (a) Data Center Lease/License to which the Pledgor is a party, (b) the Intercompany Services Agreement and (c) any other agreement explicitly designated as a “Material Project Contract” by the Borrower and the Lender Representative pursuant to the Credit Agreement and to which the Pledgor is a party.
Material Project Contracts means (a) the Closing Date MSAs, (b) the Intercompany Services Agreement, (c) the assignment agreements with respect to each Closing Date MSA between the Parent and the Borrower and (d) any other agreement designated as a “Material Project Contract” by the Borrower and the Lender Representative.
Material Project Contracts has the meaning assigned to it in Appendix A to the MSA. “Member” or “Sponsor Member” means Plenary Roads Denver Ltd., a corporation established under the laws of the State of Colorado, and any successor thereto.
Material Project Contracts. (i) The EPC Contract, once Borrower has entered into such agreement, (ii) the Real Estate Documents, (iii) the Offtake Agreements, (iv) the Wellfield Contracts once entered into by the Borrower, and (v) transmission interconnection agreements once entered into by the Borrower, in each case, with respect to the Project.
Material Project Contracts means the Palladium Sales Contract, the Insurance Policies, the Construction Contracts, the Smelting Agreements, the Royalty Agreement, the Power Supply Agreement, Hedge Agreements and the Completion Guarantee, and, after the execution and delivery thereof following the Effective Date, each Additional Project Document, each of such agreements to be in form and substance satisfactory to the Administrative Agent and the Majority Lenders, acting reasonably.
Material Project Contracts means (a) the Master Services Agreement, (b) the Intercompany Services Agreements, (c) the assignment agreements with respect to Phoenix 1 between the Parent and the Co-Borrower, (d) without duplication, the agreements listed on Schedule 3.05 and (e) any other agreement designated as a “Material Project Contract” by the Borrowers and the Administrative Agent. “Maximum Rate” shall have the meaning assigned to such term in Section 9.09. “Minimum Liquidity Amount” shall mean: (a) on any Monthly Payment Date ended on and after the Closing Date but prior to September 1, 2025, $50,000,000; (b) on any Monthly Payment Date ended on and after September 1, 2025 but prior to March 1, 2026, $100,000,000; (c) on any Monthly Payment Date ended on and after March 1, 2026 but prior to April 1, 2026, $175,000,000; (d) on any Monthly Payment Date ended on and after April 1, 2026 but prior to May 1, 2026, $125,000,000; (e) on any Monthly Payment Date ended on and after May 1, 2026 but prior to August 1, 2027, $100,00,000; (f) on any Monthly Payment Date ended on and after August 1, 2027 but prior to August 1, 2028, $75,00,000; and
Material Project Contracts means the ARCA, the Design-Build Contract, the Completion Guaranty, any Development Contract (once executed), the Operations and Maintenance Agreement, the Electronic Toll Collection Services Agreement, Equity Funding Guaranties and the Independent Engineer Agreement.