Project Financing Agreements definition
Examples of Project Financing Agreements in a sentence
Notwithstanding the other provisions of this Agreement and the terms and conditions of the Initial Project Financing Agreements, the Collateral Agent agrees for itself and on behalf of the Lenders that it will not exercise any rights under the Initial Project Financing Agreements or take any other steps that would prejudice the operation of Sections 9.05 (Major Maintenance Reserve Fund), 17.07 (Restoration; Insurance Proceeds) or 20.02 (Handback Obligations and Reserve) of the Comprehensive Agreement.
For purposes of this Section 17, “material” includes any amendment to the OT Project Financing Agreements where the Rio Tinto Lender is treated different than the other Senior Lenders and such amendment is adverse to the Rio Tinto Lender or any of other member of the Rio Tinto Group.
Except as permitted by this Agreement and subject to Section 26, TRQ shall not, directly or indirectly, seek or propose or engage in discussions regarding additional Senior Loans, bonds, streams, prepays or other similar instruments at TRQ or any of its subsidiaries (including OT LLC) or accommodation for same in the OT Project Financing Agreements.
The Department and the Escrow Agent hereby consent to the collateral assignment (the “Assignment”) of this Escrow Agreement in whole by the Developer to the Collateral Agent as security for the performance of the Developer’s obligations under the Project Financing Agreements.
The SIB Loan will be limited recourse in nature and will be due and payable as required by Section 3.3. The SIB Borrower covenants and agrees to repay the SIB Loan from funds available for the Project as identified in this Agreement, the Comprehensive Agreement and the Project Financing Agreements.
The parties hereto acknowledge that any reserves, security and funding for Major Maintenance required by Section 8.06 shall be provided for in the Project Financing Agreements.
The Concessionaire may from time to time enter into other Project Financing Agreements, subject to the terms and conditions set forth in Article 6.
The Department and the Escrow Agent hereby consent to the collateral assignment (the “Assignment”) of this Escrow Agreement in whole by the Concessionaire to the Collateral Agent as security for the performance of the Concessionaire’s obligations under the Project Financing Agreements.
The Department’s share of any such savings shall be funded in accordance with the Initial Project Financing Agreements and such share shall be deposited to the Project Enhancement Account on the Closing Date.
The Initial Project Financing Agreements listed on Exhibit H among the Concessionaire or an Affiliate thereof, together with certain lenders and such other parties as more fully described on such exhibit.