PPA Assignment definition

PPA Assignment means that certain assignment of the [*] PPA and the X. Xxxx PPA, in substantially the form of Exhibit J attached hereto, executed by Seller and Purchaser.

PPA Assignment means the assignment by the Project Owner of the PPA Assigned Rights to the Project Trustee (not in its individual capacity, but acting as trustee of the Hydro Infrastructure Trust) whether (a) directly (if Argentina expressly authorises the Project Owner to do so) or (b) by first assigning the PPA Assigned Rights to Argentina (acting through the Ministry of Public Works (Ministerio de Obras Públicas) (or such other ministry or agency duly authorised and empowered to act on behalf of Argentina in such capacity)), as settlor of the Hydro Infrastructure Trust Agreement, and secondly by the assignment by Argentina (acting through the Ministry of Public Works (Ministerio de Obras Públicas) (or such other ministry or agency duly authorised and empowered to act on behalf of Argentina in such capacity)) to the Project Trustee (not in its individual capacity, but acting as trustee of the Hydro Infrastructure Trust) of the PPA Assigned Rights, the proceeds of which shall be applied by the Project Trustee to pay the amounts due under the Finance Documents.

Examples of PPA Assignment in a sentence

• We expect this Committee to recommend that people who are owners of churches, should not be given a license to run television stations which they use to spread their gospel of doom.(Applause) Mr. Speaker, Sir, before you know it, some of them get elected.An Hon.

• In connection with the X.Xxxx PPA and the PPA Assignment related thereto, Purchaser’s Parent shall provide a guaranty of the liabilities and obligations of Purchaser under the X.Xxxx PPA in form substantially similar to the Sempra Energy guaranty attached hereto as Exhibit L, and such other credit support requested by X.Xxxx in connection with the assignment of the X.Xxxx PPA to Purchaser.

• Purchaser has received all Seller’s Required Consents (other than Seller’s Required Consents relating to the Fuel Agreement Assignment and the PPA Assignment), TOPIII’s Required Consents and Purchaser’s Required Consents in form and substance reasonably satisfactory to Purchaser (including no material adverse conditions).

• Purchaser shall have received the Seller’s Required Consents relating to the Fuel Agreement Assignment and the PPA Assignment and Seller and any of its Affiliates, as applicable, shall have been released from any and all liabilities and obligations under or in connection with the Fuel Agreement and the Power Agreements.

• All provisions relating to invoicing, payment, delivery, settlement of other liabilities incurred pursuant to this Assignment and dispute resolution survive for the period necessary to effectuate the rights of the PG&E PPA Assignment & Assumption Agreement Form Party benefited by such provision except as otherwise specified herein.

• Effective upon entry by the Bankruptcy Court on the docket in the Cases of a final, non-appealable order or orders of the Bankruptcy Court, in each case, in form and substance reasonably acceptable to the Administrative Agents, approving the Settlement Agreement (the “Approval Order”), the Lenders hereby consent to the PPA Assignment pursuant to the Settlement Agreement as approved by the Approval Order.