Question: Fill in the following table marking with an X the column which defines the clause included in each row. Clauses Positive Negative Representation Event of
Fill in the following table marking with an X the column which defines the clause included in each row.
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Clauses Positive Negative Representation Event of default Reserved Covenant Covenant Discretion Obligations to use the funds made available through the credit agreement solely for the purposes set out in that document Declaration that the project company has been incorporated and exists in accordance with applicable law Obligations to comply with reserved discretions Declaration about the absence of rights granted to third parties that would subordinate the obligations toward roiect creditors Obligations to comply with environmental laws and regulations Non-payment of amounts due at maturity iin accordance with the credit agreement Representations on the absence of litigation, or situations that could results in litigation, involving the project company Representations made in the credit agreement prove materially untrue Negative pledge Plant must stop operations for spare parts substitution and creditors allow the SPV to do so Some key counterparty to some project agreement is subject to liquidation or nsolvency rocedures Obligations of the borrower not to dispose of its assets (except in specific circumstances as for obsolete assets Obligations not to undertake any merger, de-merger or other corporate restruct
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