Discontinued Business Operations definition
Discontinued Business Operations means, with respect to the Borrower and its Restricted Subsidiaries, the results of operations and any charges, fees, penalties, costs or impairments associated with (a) lines of business or assets that were wound down, discontinued, sold, transferred, or otherwise disposed of, or were under contract to be sold, transferred, or otherwise disposed of, by the Borrower or any of its Subsidiaries on or prior to the Closing Date, including those associated with Dynegy Midstream Services, Limited Partnership, Electric Energy Inc., West Coast Power, Dynegy Intrastate Pipeline LLC’s sale of the Breckenridge assets, ▇▇▇▇▇▇▇▇ Energy Limited Partnership, Michigan Power Holdings, Inc. and Michigan Power Limited Partnership, the ▇▇▇▇▇▇▇ Gas Processing Plant and related gathering system, Commonwealth Atlantic Limited Partnership, Oyster Creek Limited Partnership, Dynegy Global Liquids, Inc., Northern Natural Gas Company, NNGC Holding Company, Inc., MCTJ Holding Co. LLC, Dynegy Onshore Processing UK Limited, Dynegy Storage Limited, Dynegy Offshore UK Limited, Dynegy Canada Gas Marketing Ltd., the Hackberry LNG Facility, the Indian Basin Plant and the related gathering system and related facilities, IGC Jamaica Partnership, LLC, Plantas Eolicas S. de ▇.▇., Dynegy Communications Clearinghouse, Inc., Calcasieu Power, LLC, Rockingham Power, LLC and their respective Subsidiaries, (b) lines of business or assets that are being wound down, discontinued, sold, transferred, or otherwise disposed of in connection with Third Party Risk Management or those associated with Dynegy Communications or (c) any Tolling Agreement, including the termination, sale, transfer, disposal, or restructuring thereof.
Discontinued Business Operations means, with respect to the Borrower and its Restricted Subsidiaries or the Parent Guarantor and its Restricted Subsidiaries, as the context shall require, the results of operations and any charges, fees, penalties, costs or impairments associated with (a) lines of business or assets that were wound down, discontinued, sold, transferred, or otherwise disposed of, or were under contract to be sold, transferred, or otherwise disposed of, by the Borrower or any of its Subsidiaries, or the Parent Guarantor or any of its Subsidiaries (other than the Borrower and its Subsidiaries), as the case may be, on or prior to the Closing Date, including those associated with Dynegy Midstream Services, Limited Partnership, Electric Energy Inc., West Coast Power, Dynegy Intrastate Pipeline LLC’s sale of the Breckenridge assets, ▇▇▇▇▇▇▇▇ Energy Limited Partnership, Michigan Power Holdings, Inc. and Michigan Power Limited Partnership, the ▇▇▇▇▇▇▇ Gas Processing Plant and related gathering system, Commonwealth Atlantic Limited Partnership, Oyster Creek Limited Partnership, Dynegy Global Liquids, Inc., Northern Natural Gas Company, NNGC Holding Company, Inc., MCTJ Holding Co. LLC, Dynegy Onshore Processing UK Limited, Dynegy Storage Limited, Dynegy Offshore UK Limited, Dynegy Canada Gas Marketing Ltd., the Hackberry LNG Facility, the Indian Basin Plant and the related gathering system and related facilities, IGC Jamaica Partnership, LLC, Plantas Eolicas S. de ▇.▇. and Dynegy Communications Clearinghouse, Inc. and their respective Subsidiaries, (b) lines of business or assets that are being wound down, discontinued, sold, transferred, or otherwise disposed of in connection with Third Party Risk Management or those associated with Dynegy Communications Clearinghouse, Inc. and its respective Subsidiaries or (c) any Tolling Agreement, including the termination, sale, transfer, disposal, or restructuring thereof.
Discontinued Business Operations means, with respect to the Parent Group, the results of operations and any charges, fees, penalties, costs or impairments associated with (a) lines of business or assets that were wound down, discontinued, sold, transferred, or otherwise disposed of, or were under contract to be sold, transferred, or otherwise disposed of, by the Parent Guarantor or any of its Subsidiaries on or prior to the Closing Date, including those associated with Dynegy Global Liquids, Inc., Northern Natural Gas Company, NNGC Holding Company, Inc., MCTJ Holding Co. LLC, Dynegy Onshore Processing UK Limited, Dynegy Storage Limited, Dynegy Offshore UK Limited, Dynegy Canada Gas Marketing Ltd., the Hackberry LNG Facility, the Indian Basin Plant and the related gathering system and related facilities, IGC Jamaica Partnership, LLC, Plantas Eolicas S. de ▇.▇. and Dynegy Communications Clearinghouse, Inc. and their respective Subsidiaries, (b) lines of business or assets that are being wound down, discontinued, sold, transferred, or otherwise disposed of in connection with Third Party Risk Management or those associated with Dynegy Communications Clearinghouse, Inc. and its respective Subsidiaries, or (c) any Tolling Agreement, including the termination, sale, transfer, disposal, or restructuring thereof.
Examples of Discontinued Business Operations in a sentence
The Borrower shall not, nor shall it permit any of its Restricted Subsidiaries to, directly or indirectly, amend any of its Organizational Documents other than any such amendment (a) made solely in connection with a transaction that is otherwise permitted under this Agreement, (b) that could not reasonably be expected to have a Material Adverse Effect, or (c) in connection with Discontinued Business Operations.
The Borrower shall not, nor shall it permit any of its Restricted Subsidiaries to, directly or indirectly, amend any of its Organizational Documents other than any such amendment (a) made solely in connection with a transaction that is otherwise permitted under this Agreement or (solely in the case of certain name changes) as contemplated in the Schedules hereto, (b) that could not reasonably be expected to have a Material Adverse Effect, or (c) in connection with Discontinued Business Operations.
Discontinued Business Operations All indemnity and guaranty obligations in connection with the sale of Discontinued Business Operations and Indebtedness in respect of Discontinued Business Operations outstanding as of the date hereof.
Set forth in Part (c) of Schedule 5.13 hereto is a list of foreign Subsidiaries of the Parent that are engaged in Discontinued Business Operations described in clause (b) of the definition thereof as of the Closing Date (the “Discontinued Foreign Subsidiaries”).
Amend any of its Organizational Documents other than (i) any such amendment made solely in connection with a transaction that is otherwise permitted under this Agreement or (ii) that could not reasonably be expected to have a Material Adverse Effect or (iii) in connection with Discontinued Business Operations.
More Definitions of Discontinued Business Operations
Discontinued Business Operations means, with respect to the Parent Group, the results of operations and any charges, fees, penalties, costs or impairments associated with (i) lines of business or assets that were wound down, discontinued or Disposed of, or were under contract to be Disposed of, by the Parent Guarantor or any of its Subsidiaries on or prior to the Closing Date, including those associated with Dynegy Global Liquids, Inc., Northern Natural Gas Company, NNGC Holding Company, Inc., MCTJ Holding Co. LLC, Dynegy Onshore Processing UK Limited, Dynegy Storage Limited, Dynegy Offshore UK Limited, Dynegy Canada Gas Marketing Ltd., the Hackberry LNG Facility, and Dynegy Global Communications, Inc. and their respective Subsidiaries, (ii) lines of business or assets that are being wound down, discontinued or Disposed of in connection with Third Party Risk Management or those associated with Dynegy Global Communications and its respective Subsidiaries or (iii) any Tolling Agreement, including the termination, Disposal or restructuring thereof.
Discontinued Business Operations means, with respect to the Borrower and its Restricted Subsidiaries, the results of operations and any charges, fees, penalties, costs or impairments associated with (a) lines of business or assets that were wound down, discontinued, sold, transferred, or otherwise disposed of, or were under contract to be sold, transferred, or otherwise disposed of, by the Borrower or any of its Subsidiaries on or prior to the Amendment No. 4 Effective Date, including those associated with Dynegy Midstream Services, Limited Partnership, Electric Energy Inc., West Coast Power, Dynegy Intrastate Pipeline LLC’s sale of the Breckenridge assets, H▇▇▇▇▇▇▇ Energy Limited Partnership, Michigan Power Holdings, Inc. and Michigan Power Limited Partnership, the S▇▇▇▇▇▇ Gas Processing Plant and related gathering system, Commonwealth Atlantic Limited Partnership, Oyster Creek Limited Partnership, Dynegy Global Liquids, Inc., Northern Natural Gas Company, NNGC Holding Company, Inc., MCTJ Holding Co. LLC, Dynegy Onshore Processing UK Limited, Dynegy Storage Limited, Dynegy Offshore UK Limited, Dynegy Canada Gas Marketing Ltd., the Hackberry LNG Facility, the Indian Basin Plant and the related gathering system and related facilities, IGC Jamaica Partnership, LLC, Plantas Eolicas S. de R.▇., Dynegy Communications Clearinghouse, Inc., Calcasieu Power, LLC, Rockingham Power, LLC, CoGen Lyondell, Inc., Heard County Power, L.L.C., Rolling Hills Generating, L.L.C. and their respective Subsidiaries, (b) lines of business or assets that are being wound down, discontinued, sold, transferred, or otherwise disposed of in connection with Third Party Risk Management or those associated with Dynegy Communications or (c) any Tolling Agreement, including the termination, sale, transfer, disposal, or restructuring thereof.
Discontinued Business Operations means, with respect to any Person, the results of operations and any charges, fees, penalties, costs or impairments associated with (a) lines of business or assets that were wound down, discontinued or disposed of, or were under contract to be disposed of by such Person or any of its Subsidiaries, including (to the extent applicable to such Person) those associated with Dynegy Global Liquids, Inc., Northern Natural Gas Company, NNGC Holding Company, Inc., MCTJ Holding Co. LLC, Dynegy Onshore Processing UK Limited, Dynegy Storage Limited, Dynegy Offshore UK Limited, Dynegy Canada Gas Marketing Ltd. and Dynegy Global Communications, Inc. and their respective Subsidiaries, (b) lines of business or assets that are wound down, discontinued or disposed of in connection with the customer risk management business segment, third party risk management transactions or those (to the extent applicable to such Person) associated with Dynegy Global Communications and its respective Subsidiaries or (c) any tolling agreement, including the termination, disposal or restructuring thereof.