Ormat Technologies definition
Examples of Ormat Technologies in a sentence
Capitalized terms used but not defined herein have the meaning set forth in the Ormat Technologies, Inc.
The Shareholders shall meet regularly and in any event prior to each general meeting of shareholders of Ormat Technologies and will review, discuss and attempt to reach a unified position with respect to principal issues on the agenda of each such meeting.
Refuse, and Administrative Agent, and the Banks shall not be obligated, to continue any Loans, make any additional Loans, or make any payments, or permit the making of payments, from any Account or other funds held by Administrative Agent under the Credit Documents or on behalf of any Loan Party (other than Ormat Technologies).
No action, suit, proceeding or investigation shall have been instituted or threatened in writing against any Loan Party (other than those described in Schedule 4.18 to the Acquisition Agreement and actions, suits, proceedings or investigations against Ormat Technologies) that (a) contests the Acquisition or any of the transactions under the Credit Documents or (b) could reasonably be expected to have a Material Adverse Effect.
Delivery to Administrative Agent of evidence that each Loan Party (other than Ormat Technologies, Sponsor, Borrower, OrHeber 1, OrHeber 2, OrHeber 3, ORNI, OrMammoth, SIGC and Mammoth Lakes) has appointed CT Corporation System as its respective agent for service of process in the State of New York in respect of each Credit Document to which such Person is a party which is governed by the laws of the State of New York.
All notices to the Guarantor under this Guaranty shall, until the Guarantor furnishes written notice to the contrary, be in writing and mailed, faxed or delivered to the Guarantor at: Ormat Technologies, Inc.
Delivery to Administrative Agent of opinions of counsel to the Loan Parties and Affiliates thereof (if any) (other than Ormat Technologies, Sponsor and Borrower) which are parties to any Major Project Document, in each case in form and substance reasonably satisfactory to the Banks.
Western States shall have consented to the assignment of the Purchased Interests, Ormat Technologies shall have provided to Western States a guaranty and indemnification agreement in substitution for the two separate guaranty and indemnification agreements previously provided to Western States in connection with the Facility Operating Lease by ESI Energy, Inc.
Without any obligation to do so, make disbursements or Loans to or on behalf of any Loan Party (other than Ormat Technologies) or disburse amounts from the Revenue Account to cure (a) any Event of Default hereunder and (b) any default and render any performance under any Project Document as the Majority Banks in their sole discretion may consider necessary or appropriate, whether to preserve and protect the Collateral or the Secured Parties' interests therein or for any other reason.
In February 2023 the Board of Directors of the Company adopted the Ormat Technologies, Inc.