Material Project Party definition

Material Project Party means any party to a Material Project Document (other than the Borrower) and each guarantor or provider of security or credit support in respect thereof.

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Material Project Party means each Person (other than the Borrowers) party to a Material Project Agreement from time to time.

Material Project Party means (a) each Subject Company and (b) each Primary Off-Taker and each lessor of any Facility to a Subject Company if, with respect to the Persons included in (b), the bankruptcy or insolvency of such Person could reasonably be expected to result in a Material Adverse Effect.

Examples of Material Project Party in a sentence

The Borrower shall (i) procure at its own expense and maintain in full force and effect and (ii) cause the EPC Contractor, the Operator and each other Material Project Party, as applicable, to procure at such Person’s own expense and maintain in full force and effect, the insurance set forth on, and subject to the provisions of, Schedule 6.6 of the Common Terms Agreement and any insurance required to be maintained by such Person pursuant to its applicable Project Document.
The Borrower shall (i) procure at its own expense and maintain in full force and effect and (ii) cause the EPC Contractor, the Operator and each other Material Project Party, as applicable, to procure at such Person’s own expense and maintain in full force and effect, the insurance set forth on, and subject to the provisions of, Schedule 6.6 and any insurance required to be maintained by such Person pursuant to its applicable Project Document.
All insurance required to be obtained by the Borrower has been obtained and is in full force and effect and materially complies with Section 8.05 and Schedule 8.05, and all premiums then due and payable on all such insurance have been paid, and to the Borrower’s Knowledge, all insurance required to be obtained by a Material Project Party pursuant to a Material Project Document has been obtained and is in full force and effect and materially complies with Section 8.05 and Schedule 8.05.
No Material Project Party is in default in any material respect of any material covenant or material obligation set forth in any Material Project Document and no condition has occurred that would become such a default with the giving of notice or lapse of time.
To the Knowledge of the Borrower, no event of force majeure or other event or condition exists which (a) provides any Material Project Party the right to cancel or terminate any Material Project Document to which it is a party in accordance with the terms thereof, which cancellation or termination could reasonably be expected to have a Material Adverse Effect or (b) could reasonably be expected to cause a delay in the completion of the Modifications, as contemplated by the Precedent Agreement.

More Definitions of Material Project Party

Material Project Party a party to any of the Closing Documents;

Material Project Party means each person (other than a member of the Group) who is a party to the Construction Contract (Box Cut Works) or the Constructions Contract (EPCM).

Material Project Party means any Person (other than a Loan Party) party to a Material Project Agreement from time to time. NYDOCS02/1023777.17Midway Gold – Pan Gold Project – Credit Agreement

Material Project Party means ENEE, Elcosa, the Supplier, ▇▇▇▇▇, any Affiliate party to any Project Document and any other counterparty (other than MINOSA under the MINOSA Cooperation Agreement and the MINOSA PPA) under any Material Project Document that remains an executory contract after the Effective Date that is an Affiliate of the Borrower or of any Shareholder.

Material Project Party means each Person party to a Material Project Document other than any Loan Party.

Material Project Party. Each Person (other than the Borrower) who is a party to a Principal Project Document.

Material Project Party means each Obligor, CUCBM and Shanxi Provincial.