Project Expansion. (a) The General Partner shall have the right and power to do all things necessary to obtain debt and/or equity financing in connection with any expansion of the Partnership's facility on Xxxxxxxx Island. The General Partner will notify each Partner of the terms of any such financing at least twenty (20) days prior to the consummation of any transaction (the "Issuance Notice"). Subject to Section 3.6(b), any equity financing obtained for such expansion by the Partnership shall dilute each of the Limited Partners pro rata based on the Percentage Interests of such Limited Partners.
Project Expansion. Notwithstanding any provision to the contrary contained herein or in any other Credit Document (including Section 9.9 hereof), upon approval (in their sole discretion) by Lenders holding at least 80% of Proportionate Shares, Borrower or any Borrower Party at its option may obtain secured financing for an expansion of either or both Projects to accommodate an additional combustion turbine and related equipment. No Lender commits hereby or shall be construed by any other term of any Credit Document to have committed to finance any such expansion.
Project Expansion. The Lihirian Community, LMALA, NRLLG and MRL support, in principle, possible expansion of the Lihir project, but only after all issues have been adequately considered, and relevant approval and consultative processes completed in a manner consistent with the principles of the Lihir Strategic Development Concept. ACKNOWLEDGMENT The parties agree with the principles and terms set out in this document. /s/ Koiari Tarata For and on/behalf of Department of Treasury /s/ Kuma Aua, OBE For and on behalf of Department of Mining /s/ Abrose Silul For and on behalf of Nimamar Rural Local Level Government (as representatives of the Lihirian Community) /s/ Jxxx Xxxxx For and on behalf of Mineral Resources Development Company Limited /s/ Wxxxxxx Xxxx For and on behalf of Mineral Resources Lihir Limited /s/ Marc Soipang For and on behalf of the Lihir Mining Areas Landowners Association (as representatives of the Lihir Mining Affected Areas) /s/ Nxxx Xxxx For and on behalf of Lihir Management Company Limited as agent for and on behalf of Lihir Gold Limited
Project Expansion. Tenant acknowledges and agrees that, notwithstanding anything to the contrary contained in the Lease, Landlord may, at any time(s) during the Term, expand or designate the Project to include (i) that certain project known as 0000 Xxxxx Xxxxxx Xxxxx, Xxx Xxxxx, Xxxxxxxxxx, (ii) that certain project known as 0000 Xxxxx Xxxxxx Xxxxx, Xxx Xxxxx, Xxxxxxxxxx, and/or (iii) that certain land shown on Exhibit A attached hereto (“Esplanade 4 Land”) the Esplanade 4 Land and any improvements thereon. Following any such expansion(s) of the Project, the Operating Expenses payable by Tenant hereunder shall include the Building’s share (as reasonably determined by Landlord) of all costs and expenses of any kind or description incurred or accrued by Landlord with respect to the Project (as expanded pursuant to this paragraph) which are not specific to any other building located in the Project (as expanded pursuant to this paragraph). Following Landlord’s receipt of a certificate or temporary certificate of occupancy (or an equivalent approval) from the City of San Diego for the Amenities Facility permitting lawful use of the Amenities Facility, and notwithstanding anything to the contrary that may be contained in the Lease, Tenant shall be responsible, subject to the immediately following sentence, as part of Operating Expenses for the Building’s share of all costs and expenses of any kind or description incurred or accrued by Landlord (or charged to Landlord) in connection with the operation, maintenance and repair (including, without limitation, repairs and replacements that are capital in nature) of the Amenities Facility and the land on which the Amenities Facility is located including, without limitation, any subsidies in connection with the operation of the restaurant and/or any other amenities located in the Amenities Facility, if any, and any Taxes payable in connection with the Amenities Facility and the land on which the Amenities Facility is located. Notwithstanding the foregoing, if the Amenities Facility is located within a building containing additional square footage for lease to third parties, Tenant shall be required to pay its pro rata share of Taxes attributable to the Amenities Facility but shall not be required to pay any Taxes attributable to the remaining square footage of such building not included as part of the Amenities Facility.
Project Expansion. Expand, repower or otherwise increase the number of WTGs at any Project.
Project Expansion. The Company will not expand, repower or otherwise increase the number of WTGs or other wind turbines at the Project.
Project Expansion. If the market demand is greater than the capacity mentioned in Article VI, Item 2, and Party A decides to expand the project which will require additional investment, party B shall have priority to invest in the Project under the same condition.
Project Expansion. Party A shall determine any expansion of the project according to market demand. When additional investment is required, Party B shall provide any required capital if it decides not to give up its right of investment.
