Asset Company definition

Asset Company means any entity (a) (i) whose principal purpose is the acquisition, improvement, installation, design, engineering, construction, development, completion, financing, maintenance or operation of all or any part of a project or projects, or any asset related thereto, used in the business of generating, transmitting, transporting, distributing, producing or storing electric power, thermal energy, natural gas or other fuel or other energy-related businesses and (ii) substantially all its assets are limited to those assets being financed (or to be financed), or the operation of which is being financed (or to be financed), in whole or in part by a Project Financing Facility entered into by such entity and/or any Investment Vehicle that owns such entity or by contributions or intercompany loans from the Guarantor, any Restricted Subsidiary or any such Investment Vehicle or (b) which entity is a Subsidiary of an entity described in clause (a) and the business and assets of which are related to the business of such entity and which does not incur any Indebtedness other than (A) intercompany loans from an Asset Company which is the parent of such Subsidiary, the Guarantor, any Restricted Subsidiary or any Investment Vehicle that indirectly owns such Subsidiary, (B) Indebtedness of the type described in Section 4.12(i) or (C) Indebtedness under a Project Financing Facility.
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Asset Company means the buyer of assets identified in paragraph one of this Agreement, or any permitted assignee.
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Asset Company and “Asset Companies” mean, with respect to the Borrower, entities set forth on Schedule 4.1(C).
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Examples of Asset Company in a sentence

  • If a third party fails to pay MAEM any amount due for Products sold to such party, MAEM shall only be required to pay the Asset Company the amount received by MAEM from the third party.

  • On 18 November 2011, TEDA Holding entered into a share transfer agreement with Chia Tai Land Company Limited (“Chia Tai Company”), while TEDA Asset Company entered into a share transfer agreement with Chia Tai Pharmaceutical Investment (Beijing) Co., Ltd.

  • Both TEDA Holding and TEDA Asset Company are controlled by Tianjin Economic and Technological Development Area Administrative Commission (“TEDA Administrative Commission”).

  • AssetCo Finance Lease means any lease or hire purchase contract between Porterbrook Leasing Asset Company Limited and another Group Company in respect of all or part of the Fleet which would, in accordance with the Accounting Principles, be treated as a finance or capital lease.

  • Accordingly, TEDA Holding and TEDA Asset Company agreed to transfer 28,344,960 (8% of ordinary shares) and 77,303,789 (21.82% of ordinary shares) domestic shares of the Company held by them to Chia Tai Company and Chia Tai Pharmaceutical Company respectively.

  • Company and Asset Company will not acquire any additional assets (other than cash), by purchase, capital contribution (except for a Subscriber Contribution) or otherwise, other than Asset Proceeds and Purchased Asset Proceeds.

  • Except for matters raised in connection with the Bankruptcy Case, no pending Proceeding has been commenced against Asset Company that challenges, or may have the effect of preventing, delaying, making illegal, or otherwise interfering with, any of the Contemplated Transactions.

  • If an Asset Company acquires an Approved Property after the date of this Agreement in accordance with the terms of this Agreement, that Asset Company must deliver to the Facility Agent each of the documents and evidence listed in Part 3 of Schedule 2 (Conditions Precedent Documents).

  • In some cases, notably default by the Infrastructure Asset Company (for example in the event of a voluntary cessation of the works by the Infrastructure Asset Company during a certain period of time), the compensation will not include amounts designed specifically to repay the equity investment and is likely only to cover a portion of the debt in the relevant Infrastructure Asset Company.

  • Requests may be made to the Issuers at the following address: Diamond Foreign Asset Company C/O Diamond Offshore Drilling, Inc.


More Definitions of Asset Company

Asset Company shall have the meaning given such term in the recitals of this Agreement.
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Asset Company means Xxxxxxx, Xxxxx & Co., a Delaware limited partnership, or its permitted assignees.
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Asset Company means any Group Member (other than the Parent and the Luxco Borrower but including, unless otherwise specified, the German Borrower) that owns a Property.
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Asset Company means Goldman, Sachs & Co., a Delaware limited partnership, or its permitted assignees.
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Asset Company. Beijing Jingcheng Machinery Electric Asset Management Co., Ltd ( 北 京 京 城 機 電 資 產 管 理 有 限 責 任 公 司 ), a joint stock company incorporated in the PRC with limited liability, is a wholly-owned subsidiary of Jingcheng Machinery Electric “Beijing Tianhai” Beijing Tianhai Industry Co., Ltd. ( 北 京 天 海 工 業 有 限 公 司 ), a joint stock company incorporated in the PRC with limited liability, is an indirect wholly-owned subsidiary of the Company
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Related to Asset Company

  • Foreign Asset Control Regulations has the meaning set forth in Section 10.18.

  • Foreign Assets means any of the Portfolios’ investments (including foreign currencies) for which the primary market is outside the United States and such cash and cash equivalents as are reasonably necessary to effect the Portfolios’ transactions in such investments.

  • Subject Company shall have the meaning set forth in Section 6.10(a).

  • SPE Subsidiary means any Subsidiary formed solely for the purpose of, and that engages only in, one or more Securitization Transactions.

  • Controlled Subsidiary means any Subsidiary of the Company, 50% or more of the outstanding equity interests of which are owned by the Company and its direct or indirect Subsidiaries and of which the Company possesses, directly or indirectly, the power to direct or cause the direction of the management or policies, whether through the ownership of voting equity interests, by agreement or otherwise.

  • Acquired Subsidiary or “Acquired Subsidiaries” means one or more, as applicable, Subsidiaries of the Failed Bank acquired pursuant to Section 3.1.

  • Joint Venture Subsidiary means each of (i) Aluminum Company of Malaysia Berhard and (ii) any other person that is a Subsidiary in which persons other than Holdings or its Affiliates own 10% or more of the Equity Interests of such person, excluding, to the extent they become Restricted Subsidiaries of the Designated Company after the Closing Date, Xxxxx and Norf GmbH.

  • JV Subsidiary any Subsidiary of a Group Member which is not a Wholly Owned Subsidiary and as to which the business and management thereof is jointly controlled by the holders of the Capital Stock therein pursuant to customary joint venture arrangements.

  • Government company means any company in which not less than fifty-one per cent. of the paid-up share capital is held by the Central Government, or by any State Government or Governments, or partly by the Central Government and partly by one or more State Governments, and includes a company which is a subsidiary company of such a Government company;

  • Regulated Subsidiary means a Broker Dealer Regulated Subsidiary, a Bank Regulated Subsidiary or an Insurance Regulated Subsidiary or any other Subsidiary subject to minimum capital requirements or other similar material regulatory requirements imposed by applicable regulatory authorities.

  • UK Subsidiary means a Subsidiary organized under the laws of England and Wales.

  • ORE Subsidiary means any Subsidiary of the Assuming Bank that engages solely in holding, servicing, managing or liquidating interests of a type described in clause (A) of the definition of “Other Real Estate,” which interests have arisen from the collection or settlement of a Shared-Loss Loan.

  • Issuer Subsidiary means any subsidiary of the Issuer.

  • Subsidiary Entity means a person that is controlled directly or indirectly by another person and includes a subsidiary of that subsidiary;

  • Foreign Asset Sale shall have the meaning provided in Section 5.2(i).

  • Excluded Entity means a corporation or other entity of which the holders of voting capital stock of the Company outstanding immediately prior to such transaction are the direct or indirect holders of voting securities representing at least a majority of the votes entitled to be cast by all of such corporation’s or other entity’s voting securities outstanding immediately after such transaction.

  • Excluded Entities has the meaning set forth in Section 2.2(b)(iv).

  • Operating Subsidiary means a majority-owned subsidiary of a financial

  • OFAC SDN List means the list of the Specially Designated Nationals and Blocked Persons maintained by OFAC.

  • Seller Affiliate means any Affiliate of Seller.

  • foreign national means the following:

  • Foreign Assets Control Regulations has the meaning set forth in Section 10.18.

  • Material Non Listed Indian Subsidiary means an unlisted subsidiary, incorporated in India, whose income or net worth (i.e. paid up capital and free reserves) exceeds 20% of the consolidated income or net worth respectively, of the listed holding company and its subsidiaries in the immediately preceding accounting year.

  • Foreign terrorist organization means an organization designated as a foreign terrorist organization by the United States secretary of state as authorized by 8 U.S.C. Section 1189.

  • Parent Subsidiary means any Subsidiary of Parent.

  • SDN List means the Specially Designated Nationals and Blocked Persons List maintained by OFAC.