Acceptable Assignee definition

Acceptable Assignee means proposed assignee:
Acceptable Assignee shall have the meaning given to such term in Section 22.7(c) of the Facility Lease.
Acceptable Assignee means a Person that the PSCW determines meets the following requirements: (a) that is a special-purpose entity, whose governing documents contain all covenants and restrictions related to non-consolidation with its corporate parent in the event of such parent’s bankruptcy or insolvency, (b) (i) whose senior unsecured long-term debt is rated at least A- or its equivalent by a Rating Agency, or (ii) whose Parent has senior unsecured long-term debt rated at least A- or its equivalent by a Rating Agency and who guarantees such Person’s obligations under any Lease Document to which such Person will be a party, and (c) who has at least five years experience in the United States electric generating power industry.

Examples of Acceptable Assignee in a sentence

  • A system that provides a generic application-level cache is presented in [DIR01].

  • This sentence and Annex A attached hereto are only applicable when Assignee is an Acceptable Assignee (as such term is defined in the Unit Ownership Agreements) and not an Affiliate or an Acceptable Assignee that is a WPPI Member, or a Person Controlled by WPPI or one or more WPPI Members.

  • In order to preserve and protect the value of the Patent Rights and Technical Information, Licensee shall obtain the prior written consent of CSMC prior to entering into any sublicense or assignment with any party who is not an Acceptable Assignee under clause (a) above.

  • Licensee shall also keep CSMC reasonably informed with respect to the progress of any relations entered into with any sublicenses or assignments entered into by Licensee with any Acceptable Assignee (or any other party for whom CSMC has given its prior written consent).


More Definitions of Acceptable Assignee

Acceptable Assignee means a Person (a)(i) whose senior unsecured long-term debt is rated at least “A-” by Standard and Poor’s Rating Services or its successor or “A3” by Xxxxx’x Investors Services or its successor or (ii) whose Parent’s senior unsecured long-term debt is rated at least “A-” by Standard and Poor’s Rating Services or its successor or “A3” by Xxxxx’x Investors Services or its successor and whose Parent guarantees such Person’s obligations under each Elm Road I Project Document to which such Person is or will be a party, (b) who has at least five years’ experience in the United States electric generating power industry and (c) who meets the requirements set forth in Annex A to Exhibit F. For purposes of applying this definition in respect of a potential assignee of WPPI, “unsecured long-term debt” shall mean “long-term debt which is not secured by a lien on any tangible assets”.
Acceptable Assignee mean any Person proposed (a) to acquire an ownership in a Product, the Revenue Participation Right or the Seller or any of its Affiliates through a Disposition or otherwise that constitutes a Change of Control, (b) is a commercial stage biopharmaceutical enterprise reasonably similar (or greater) in stature and size (in terms of market capitalization or enterprise value) to the Seller, (c) who has agreed to execute and deliver to the Buyer an assignment and assumption or similar agreement reasonably acceptable to the Buyer pursuant to which such Person assumes all of the duties and obligations of the Seller to the Buyer under this Agreement with respect to the rights and interests acquired by such Person and (d) that the Buyer has consented to, such consent not to be unreasonably conditioned, withheld or delayed.
Acceptable Assignee means a reputable Person experienced in the oil industry;
Acceptable Assignee has the meaning given in Section 10 of the Parent Agreement.
Acceptable Assignee means a Person that the PSCW determines meets the following requirements: (a) that is a special-purpose entity, whose governing documents contain all covenants and restrictions related to non-consolidation with its corporate parent in the event of such parent’s bankruptcy or insolvency, (b) whose sole assets immediately after an assignment under Section 23.7 of the Facility Lease will be the Leased Facility, the rights under the Facility Lease and related assets, and (c) whose Parent has senior unsecured long-term debt rated at least A- or its equivalent by a Rating Agency and who guarantees such Person’s obligations under any Lease Document to which such Person will be a party, (d) that is either a permitted assignee under the Ground Lease or is consented to by the State, and (e) who has at least five years experience in the United States electric generating power industry.
Acceptable Assignee has the meaning given in Section 11 of the Contingent Guaranty Agreement.
Acceptable Assignee means a person resident in England or company incorporated and registered in England whose average profits before tax for each of its three complete financial years immediately proceeding the date on which application for licence to assign is made is not less than the aggregate of the First Rent payable on such date multiplied by 3