Acadia Holdings definition

Acadia Holdings means Acadia Power Holdings LLC, a Louisiana limited liability company and a wholly owned subsidiary of Midstream.
Acadia Holdings shall have the meaning given to it in the Preamble and shall include, unless otherwise specified, the successors and permitted assigns thereof.

Examples of Acadia Holdings in a sentence

  • Calpine warrants and represents to Acadia Holdings that it is an indirect wholly owned subsidiary of Calpine Parent, and Acadia Holdings warrants and represents to Calpine that it is an indirect wholly owned subsidiary of Cleco.

  • Each of Acadia Holdings and Calpine shall notify the other of the name and contact information of its PPA Manager and of any replacement PPA Manager appointed by it and any alternate PPA Manager designated by its PPA Manager.

  • To the extent any such decision or direction involves the first twenty-four (24) hours of any outage or other event or circumstance, such decision or direction shall be given or made by the Acadia Holdings PPA Manager in his or her sole discretion on behalf of the Company.

  • If the stated amount of such Calpine LC is reinstated within five (5) Business Days after the date of payment of such Demand Amount, then (a) the amount paid shall be deemed a distribution to Acadia Holdings and shall be treated as a Priority Distribution hereunder and (b) the Accumulated Priority Amount and the Priority Amount otherwise owed to Acadia Holdings shall be reduced accordingly by the amount of the Demand Amount.

  • In the event that the Management Committee reaches a deadlock on the issue of whether to allow Cleco to make such a substitution under the O&M Agreement, Acadia Holdings shall have the right (without the consent or approval of any other Member) to place an employee of Cleco (or one of its Affiliates) at the Facility Site as an Owner's representative.

  • Each of Acadia Holdings and Calpine shall have the right in its sole discretion to appoint an individual to act as manager for the Company with respect to the PPAs (each a "PPA Manager") and to remove and replace its PPA Manager at any time and from time to time for any reason or for no reason.

  • In the event neither Calpine nor Acadia Holdings can satisfy the foregoing requirements, then the Power Marketer shall be selected by a vote of the Management Committee.

  • To the extent any such decision or direction involves the period beyond the first twenty-four (24) hours of any outage or other event or circumstance, such decision or direction shall be given or made only by mutual agreement of the Acadia Holdings PPA Manager and the Calpine PPA Manager.

  • To support the performance of Calpine Energy under the PPAs, Calpine Parent is providing three letters of credit for the benefit of Acadia Holdings (the "Calpine LCs").

  • Failure by Acadia Holdings to provide notice in the foregoing circumstance within five (5) Business Days following the original Contribution Deadline shall be deemed an election to extend the Contribution Deadline until the sixtieth (60th) day after the original Contribution Deadline.

Related to Acadia Holdings

  • Direct holdings means all publicly traded securities of a company that are held directly by the state treasurer or a retirement system in an actively managed account or fund in which the retirement system owns all shares or interests.

  • Holdings has the meaning specified in the introductory paragraph to this Agreement.

  • Holdings LLC Agreement means the Amended and Restated Limited Liability Company Agreement of Holdings dated as of the Closing Date.

  • Indirect holdings means all securities of a company that are held in an account or fund, including a mutual fund, that is managed by one or more persons who are not employed by the state treasurer or a retirement system, if the state treasurer or retirement system owns shares or interests either:

  • GP means Gottbetter & Partners, LLP.