Common use of Operating Subsidiary Distributions Clause in Contracts

Operating Subsidiary Distributions. Except as disclosed in the Prospectus, General Disclosure Package or Registration Statement, at the Closing Time and any Date of Delivery, no Operating Subsidiary will be prohibited, directly or indirectly, from paying any distributions to NEE Operating LP, from making any other distribution on such Operating Subsidiary’s equity interests, from repaying to the Partnership any loans or advances to such Operating Subsidiary from NEE Operating LP or the Partnership or from transferring any of such Operating Subsidiary’s property or assets to NEE Operating LP, the Partnership or any other Operating Subsidiary, except for (A) restrictions on distributions under the laws of such Operating Subsidiary’s jurisdiction of formation or (B) as described in or contemplated by the Financing Agreements.

Operating Subsidiary Distributions. Except as disclosed in the Prospectus, General Disclosure Package or Registration Statement, at At the Closing Time and any Date of Delivery, after giving effect to the Transactions and the Prior Transactions, no Operating Subsidiary will be prohibited, directly or indirectly, from paying any distributions to NEE Operating LP, from making any other distribution on such Operating Subsidiary’s equity interests, from repaying to the Partnership any loans or advances to such Operating Subsidiary from NEE Operating LP or the Partnership or from transferring any of such Operating Subsidiary’s property or assets to NEE Operating LP, the Partnership or any other Operating Subsidiary, except for (A) restrictions on distributions under the laws of such Operating Subsidiary’s jurisdiction of formation or (B) as described in or contemplated by the Credit Agreement or the Financing Agreements.

Operating Subsidiary Distributions. Except as disclosed in the Prospectus, General Disclosure Package or Registration Statement, at At the Closing Time and any Date of Delivery, no Operating Subsidiary will be prohibited, directly or indirectly, from paying any distributions to NEE Operating LP, from making any other distribution on such Operating Subsidiary’s equity interests, from repaying to the Partnership any loans or advances to such Operating Subsidiary from NEE Operating LP or the Partnership or from transferring any of such Operating Subsidiary’s property or assets to NEE Operating LP, the Partnership or any other Operating Subsidiary, except for (A) restrictions on distributions under the laws of such Operating Subsidiary’s jurisdiction of formation or (B) as described in or contemplated by the the Financing Agreements.

Operating Subsidiary Distributions. Except as disclosed in the Prospectus, General Disclosure Package or Registration Statement, at At the Closing Time and any Date of Delivery, after giving effect to the Transactions and the Prior Transactions, no Operating Subsidiary will be prohibited, directly or indirectly, from paying any distributions to NEE Operating LP, from making any other distribution on such Operating Subsidiary’s equity interests, from repaying to the Partnership any loans or advances to such Operating Subsidiary from NEE Operating LP or the Partnership or from transferring any of such Operating Subsidiary’s property or assets to NEE Operating LP, the Partnership or any other Operating Subsidiary, except for (A) restrictions on distributions under the laws of such Operating Subsidiary’s jurisdiction of formation or (B) as described in or contemplated by the Credit Agreement or the Project Financing Agreements.

Operating Subsidiary Distributions. Except as disclosed in the Prospectus, General Disclosure Package or Registration Statement, at the Closing Time and any Date of DeliverySettlement Date, no Operating Subsidiary will be prohibited, directly or indirectly, from paying any distributions to NEE Operating LPNEP OpCo, from making any other distribution on such Operating Subsidiary’s equity interests, from repaying to the Partnership any loans or advances to such Operating Subsidiary from NEE Operating LP NEP OpCo or the Partnership or from transferring any of such Operating Subsidiary’s property or assets to NEE Operating LPNEP OpCo, the Partnership or any other Operating Subsidiary, except for (A) restrictions on distributions under the laws of such Operating Subsidiary’s jurisdiction of formation or (B) as described in or contemplated by the Financing Agreements.

Operating Subsidiary Distributions. Except as disclosed in the Prospectus, General Disclosure Package or Registration Statement, at the Closing Time and any Date of DeliverySettlement Date, no Operating Subsidiary will be prohibited, directly or indirectly, from paying any distributions to NEE Operating LP, from making any other distribution on such Operating Subsidiary’s equity interests, from repaying to the Partnership any loans or advances to such Operating Subsidiary from NEE Operating LP or the Partnership or from transferring any of such Operating Subsidiary’s property or assets to NEE Operating LP, the Partnership or any other Operating Subsidiary, except for (A) restrictions on distributions under the laws of such Operating Subsidiary’s jurisdiction of formation or (B) as described in or contemplated by the Financing Agreements.