Examples of Project Party in a sentence
No event has occurred that gives the Borrower or, to the Borrower’s knowledge, any Principal Project Party, the right to terminate any Principal Project Contract.
No action, suit, proceeding or investigation by or before any Governmental Authority or any arbitrator shall be pending or to Seller’s knowledge threatened against or affecting a Project Party or the Project which would result in a Material Adverse Change, unless such action, suit, proceeding or investigation has been initiated or threatened by Buyer.
Among such measures, the Borrower/Recipient and each Project Party extending such credits shall endeavour to minimise its costs.
Upon request by the Fund, the Borrower/Recipient, the Guarantor and any Project Party shall furnish to the Fund sufficient evidence of the authority of the person or persons referred to in Section 15.03, and the authenticated specimen signature of each such person.
The acceptance by any Project Party of any obligation ascribed to it in an Agreement shall not affect the responsibilities and obligations of the Borrower/Recipient.