Clean Energy Subsidiary definition

Clean Energy Subsidiary means (1) AJG Coal, Inc. and any permitted successor thereto, (2) each of the direct and indirect Subsidiaries of AJG Coal, Inc. and any permitted successor thereto and (3) any Person not constituting a Subsidiary to the extent an investment in such Person is accounted for in the Net Income of a Clean Energy Subsidiary; provided that such Clean Energy Subsidiary is principally engaged in the business of clean energy-related ventures; provided further that neither the Company nor any Restricted Subsidiary not constituting a Clean Energy Subsidiary shall be permitted to transfer, sell, assign (including by way of merger, liquidation or dissolution) any asset or business (other than any clean energy-related assets or business) to any Clean Energy Subsidiary.
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Clean Energy Subsidiary means (1) AJG Financial Services, LLC, (2) each of the direct and indirect Subsidiaries of AJG Financial Services, LLC and (3) any Person not constituting a Subsidiary to the extent an investment in such Person is accounted for in the Net Income of a Clean Energy Subsidiary; provided that such Clean Energy Subsidiary is principally engaged in the business of clean energy-related ventures; provided further that neither the Company nor any Subsidiary not constituting a Clean Energy Subsidiary shall be permitted to transfer, sell, assign (including by way of merger, liquidation or dissolution) any asset or business (other than any clean energy-related assets or business) to any Clean Energy Subsidiary.
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Clean Energy Subsidiary means (1) AJG Coal, Inc. and any permitted successor thereto, (2) each of the direct and indirect Subsidiaries of AJG Coal, Inc. and any permitted successor thereto and (3) any Person not constituting a Subsidiary to the extent an investment in such Person is accounted for in the Net Income of a Clean Energy Subsidiary; provided that such Clean Energy Subsidiary is principally engaged in the business of clean energy- related ventures; provided further that neither the Company nor any Restricted Subsidiary not constituting a Clean Energy Subsidiary shall be permitted to transfer, sell, assign (including by way of merger, liquidation or dissolution) any asset or business (other than any clean energy-related assets or business) to any Clean Energy Subsidiary.
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Examples of Clean Energy Subsidiary in a sentence

  • Amounts deducted in determining Net Income in respect of (a) Interest Expense as defined $ (b) Income and franchise taxes $ (c) Expense related to the change in estimated earnout payables $ (d) Clean Energy Subsidiary adjustment $ 3.

  • Many students were recognized for their amazing accomplishments and were presented with Junior Awards.


More Definitions of Clean Energy Subsidiary

Clean Energy Subsidiary means Pegasus Shipholding S.A., a Xxxxxxxx Islands corporation.
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Clean Energy Subsidiary means (1) AJG Financial Services, LLC, (2) each of the direct and indirect Subsidiaries of AJG Financial Services, LLC and (3) any Person not constituting a Subsidiary to the extent an investment in such Person is accounted for in the Net Income of a Clean Energy Subsidiary; provided that such Clean Energy Subsidiary is principally engaged in the business of clean energy-related ventures; provided further that neither the Company nor any Subsidiary not constituting a Clean Energy Subsidiary shall be permitted to transfer, sell, assign (including by way of merger, liquidation or dissolution) any asset or business (other than any clean energy-related assets or business) to any Clean Energy Subsidiary. The provisions of the two immediately preceding paragraphs (the “EBITDA Adjustment Provisions”) shall cease to be of any further force or effect at the time of the extension of the “Termination Date” (as defined in the Bank Credit Agreement as in effect on June 14, 2013 (the “Current Credit Agreement”)) for the Current Credit Agreement, or any amendment to, or the replacement or refinancing of, the Current Credit Agreement, unless the terms of the Current Credit Agreement, after giving effect to such extension or amendment, or the terms of the Bank Credit Agreement that replaces or refinances the Current Credit Agreement, as the case may be, provides for adjustments substantially similar to the EBITDA Adjustment Provisions for the purposes of determining compliance by the Company with any financial covenants therein that are comparable to the provisions of Section 10.1 and Section 10.2 (which, in the case of the Current Credit Agreement, are Sections 9.7 and 9.8 of the Current Credit Agreement), and the EBITDA Adjustment Provisions shall thereafter continue in force and effect only so long as the Bank Credit Agreement as in effect from time to time continues to include adjustments substantially similar to the EBITDA Adjustment Provisions.
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Related to Clean Energy Subsidiary

  • Operating Company has the meaning set forth in the preamble.

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

  • Holdings as defined in the preamble hereto.

  • Subsidiary means a “subsidiary corporation,” whether now or hereafter existing, as defined in Section 424(f) of the Code.

  • boycott energy company means “without an ordinary business purpose, refusing to deal with, terminating business activities with, or otherwise taking any action intended to penalize, inflict economic harm on, or limit commercial relations with a company because the company (a) engages in the exploration, production, utilization, transportation, sale, or manufacturing of fossil fuel-based energy and does not commit or pledge to meet environmental standards beyond applicable federal and state law, or (b) does business with a company described by paragraph (a).” (See Tex. Gov. Code 809.001). When applicable, does Vendor certify? Yes 5 Felony Conviction Notice - Texas Education Code 44.034 9 Texas Education Code, Section 44.034, Notification of Criminal History, Subsection (a), states, "a person or business entity that enters into a contract with a school district must give advance notice to the district if the person or an owner or operator of the business entity has been convicted of a felony. The notice must include a general description of the conduct resulting in the conviction of a felony.” Subsection (b) states, "a school district may terminate a contract with a person or business entity if the district determines that the person or business entity failed to give notice as required by Subsection (a) or misrepresented the conduct resulting in the conviction. The district must compensate the person or business entity for services performed before the termination of the contract.” Subsection (c) states, "This section does not apply to a publicly held corporation. Vendor certifies one of the following:

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

  • CFC Holding Company means each Domestic Subsidiary that is treated as a partnership or a disregarded entity for United States federal income tax purposes and that has no material assets other than assets that consist (directly or indirectly through disregarded entities or partnerships) of Equity Interests or indebtedness (as determined for United States tax purposes) in one or more CFCs.