Common use of Subsidiaries; Partnerships Clause in Contracts

Subsidiaries; Partnerships. The Borrower shall not: (a) form or have any Subsidiaries; (b) enter into any partnership or a joint venture; (c) acquire any ownership interest in or make any capital contribution to any other Person; (d) enter into any partnership, profit-sharing or royalty agreement or other similar arrangement whereby the Borrower’s income or profits are, or might be, shared with any other Person; or (e) enter into any management contract or similar arrangement whereby its business or operations are managed by any other Person, other than the O&M Agreement and the Administrative Services Agreement or as otherwise contemplated under the Transaction Documents.

Subsidiaries; Partnerships. The Borrower shall not: (a) form or have any Subsidiaries; (b) enter into any partnership or a joint venture; (c) acquire any ownership interest in or make any capital contribution to any other Person; (d) enter into any partnership, profit-sharing or royalty agreement or other similar arrangement whereby the Borrower’s income or profits are, or might be, shared with any other Person; or (e) enter into any management contract or similar arrangement whereby its business or operations are managed by any other Person, other than the O&M Agreement and the Administrative Services Agreement or as otherwise contemplated under the Transaction DocumentsConstruction Management Agreement.

Subsidiaries; Partnerships. The Borrower shall not: (a) form or have any Subsidiaries; (b) enter into any partnership or a joint venture; (c) acquire any ownership interest in or make any capital contribution to any other Person; (d) enter into any partnership, profit-sharing or royalty agreement or other similar arrangement whereby the Borrower’s income or profits are, or might be, shared with any other Person; or (e) enter into any management contract or similar arrangement whereby its business or operations are managed by any other Person, other than the O&M Agreement Agreements and the Administrative Services Agreement or as otherwise contemplated under the Transaction DocumentsAgreement.

Subsidiaries; Partnerships. The Borrower shall not: (a) form or have any Subsidiariessubsidiaries; (b) enter into any partnership or a joint venture; (c) acquire any ownership interest Equity Interest in or make any capital contribution to any other Person; (d) enter into any partnership, profit-sharing or royalty agreement or other similar arrangement whereby the Borrower’s 's income or profits are, or might be, shared with any other Person; or (e) enter into any management contract or similar arrangement whereby its business or operations are managed by any other Person, other than the O&M Agreement and the Administrative Management Services Agreement or as otherwise contemplated under the Transaction DocumentsAgreement.