Topic:"Affordable Multifamily Housing And Non Profit Organizations Amf" in M13042

12.2 Rights and Obligations of Project Lenders While any Project Lender's Security Agreement remains in effect, and provided that NSPI has received the notices referred to in Section [12.1(d),](#page-63-0) the following provisions shall ap...

AI summary This section outlines the rights and obligations of Project Lenders under the Agreement, detailing conditions for termination, cure periods, and the transfer of rights and liabilities from the Seller to the Project Lender. It also specifies how a Project Lender may enforce its Security Agreement and manage or sell the Seller's Interest.

SPI, the continued ability of the Seller, or the party arising out of the merger, amalgamation or reorganization, to perform and discharge the Seller's obligations and liabilities under the Agreement. Upon satisfaction of such conditions,...

AI summary This section outlines the conditions under which the Seller may assign the Agreement to an Affiliate, including requirements for compliance with laws, obtaining NSPI's consent, and ensuring that obligations and liabilities are assumed by the Affiliate. The Seller is released from obligations upon fulfillment of these conditions.

Seller Personnel. Seller's Interest – shall have the meaning set out in Section [12.2(d).](#page-59-0) Seller Personnel – means any Person providing, on behalf of the Seller, any design, construction, operation, maintenance or other servic...

AI summary This section defines key terms related to the Seller in a contractual agreement, including Seller Personnel, Seller Revised Energy Bid, and Seller Termination Costs. It outlines the scope of Seller Personnel and specifies what constitutes Seller Termination Costs, excluding certain items such as equipment costs and profits.