Material Project Document definition

Material Project Document means (i) any contract or agreement that is related to the ownership, operation, maintenance, management service, repair or use of the System entered into by the Company or any Subsidiary subsequent to the Third Amendment Date that involves full payments or obligations of the Company or any Subsidiary in excess of $5,000,000 in any calendar year, and (ii) System Leases, but shall exclude any documents subject to Section 10.12 herein.

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Material Project Document means any of the Prime Construction Contract, the Golf Course Construction Contract, the Parking Structure Construction Contract, the Professional Design Services Agreements, the Construction Guaranty, the Water Supply Contract, the Affiliate Real Estate Agreements, and, without duplication, any Project Document with a total contract amount in excess of $5,000,000 and each Payment and Performance Bond issued to support any of the foregoing.

Material Project Document means each of the agreements listed on Schedule 5.12(b), any Additional Project Document that replaces any of the foregoing, the System Lease and the New Lease.

Examples of Material Project Document in a sentence

• Receipt by the Administrative Agent of a certificate of the Borrower certifying that: (i) substantial completion (or such corresponding or similar concept) under each of ▇▇▇▇▇▇ Contract and the MSA has occurred, subject, in each case, to completion of punch list items under the relevant Material Project Document; and (ii) the Commercial Operation Date (as defined in the NFE Offtake Agreement) has occurred, and attaching a copy of a certificate from the Independent Engineer confirming (i) and (ii) above.

• Receipt by the Administrative Agent of: (i) a true and complete executed copy of each Material Project Document (including all amendments, amendments and restatements, supplements and waivers thereto) set forth on Schedule 1.1B and (ii) executed copies of all performance security, letters of credit and guarantees required to be delivered under each Material Project Document by the Material Project Counterparties as of the Closing Date.

• Notwithstanding anything to the contrary in this Section 6.13, each assignment of a Material Project Document to the Borrower or any FLNG2 Subsidiary shall be permitted.

• Except to the extent the applicable Material Project Document expressly permits collateral assignment for financing purposes, the Borrower shall have used its commercially reasonable efforts to obtain consents to the collateral assignment from the Material Project Counterparties in respect of the Material Project Documents identified on Schedule 4.1(o) and, to the extent any such consent to collateral assignment has been obtained, such consent to collateral assignment shall be in full force and effect.

More Definitions of Material Project Document

Material Project Document means each project document that is, in the Borrower’s good-faith business judgment, material and required to develop, procure, construct, commission and operate the Project, and shall in any event include the EAF Supply Agreement, all material construction contracts related to the construction of the Project and all material construction contracts related to the Electrification Completion.

Material Project Document means each Project Document relating to the ownership, management, development, use, leasing, maintenance, repair or improvement of the Project Assets under which there is an obligation of an Obligor, in the aggregate, to pay, or under which any Obligor receives in compensation more than, $100,000 per annum, excluding any agreement which is terminable by an Obligor on not more than sixty (60) days’ prior written notice without any fee or penalty.

Material Project Document means (i) the Purchase Agreements, (ii) the Site Control Documents, (iii) any other agreements for the purchase of Tax Credit-eligible equipment produced by the Production Facilities, if any, and (iv) any other agreement entered into in connection with the Production Facilities, if the breach or termination of which would have a Material Adverse Effect.

Material Project Document means any Project Document for a Material Project.

Material Project Document means (a) each of the contracts or other arrangements to which the Borrower or any of the Project Companies is a party (other than the Loan Documents) (i) set forth on schedule 4.15 of the Senior Credit Agreement and (ii) entered into after the Closing Date, in each case, for which breach, nonperformance, cancellation or failure to renew could reasonably be expected to have a Material Adverse Effect and (b) any Project equity commitment letters, letters of intent relating to Project equity or other similar arrangements (i) set forth on schedule 4.15 of the Senior Credit Agreement and (ii) entered into after the Closing Date.

Material Project Document means any master services agreement (a/k/a master hosting agreements) relating to the Projects owned by the Jamestown Project Company and the ELN-01 Project Company, including the master services agreement with Marathon Digital Holdings, Inc., GEM Mining LLC, Global Operating Infrastructure LLC and Spring Mud LLC, any lease agreement (or equivalent agreement) entered into in respect of the ELN-02 Project, any electric services agreement with a utility relating to power services at any Project, any other material agreement for utilities, and any material construction contract related to the ELN-02 Project, including any GMP contract and any purchase orders relating to power supply equipment.

Material Project Document means any lease agreement (or equivalent agreement) entered into in respect of the ELN-02 Project, any electric services agreement with a utility relating to power services at any Project, any other material agreement for utilities, and any material construction contract related to the ELN-02 Project, including any GMP contract and any purchase orders relating to power supply equipment.