Examples of FR Holdings in a sentence
FR Holdings is duly organized, validly existing and in good standing under the laws of the Cayman Islands.
Accordingly, at any time during the Transfer Period, SunEdison may elect to exercise the Competitor Tag-Along Right by giving written notice of such election (a “Competitor Tag-Along Inclusion Notice”) to FR Holdings.
The FR Holdings organizational documents shall be drafted to ensure this transfer prohibition is included.
In the event of a conflict between the terms and provisions of this Agreement and the terms and provisions of any Related Document (including, for the avoidance of doubt, any EPC Agreement, JV Entity Agreement or O&M Agreement), the terms and provisions of this Agreement shall control, unless otherwise expressly set forth herein or therein and agreed to by FR Holdings and SunEdison.
The Parties hereby acknowledge that from time to time and at any time on or after the Closing Date, FR Holdings may invite investors (the “Co-Investors”), other than the Fund and its Affiliates, to make a capital commitment to, or otherwise purchase an interest in, FR Holdings.
FR Holdings has all requisite power and authority to own, operate and lease its properties and to carry on its business as now conducted.
The Capital Commitment, Unused Capital Commitments and Percentage Interest of each Investor is set forth on Schedule I attached hereto and shall be amended from time to time by FR Holdings (and provided to SunEdison) to reflect the Capital Commitment of any Additional Investor, as well as to reflect any changes to an Investor’s Capital Commitment, Percentage Interest or Unused Capital Commitment.
FR Holdings US has all requisite power and authority to own, operate and lease its properties and to carry on its business as now conducted.
FR Holdings US is duly qualified to do business in each jurisdiction in which the nature of its properties or its business requires such qualification and in which the failure to so qualify would materially adversely affect its business or financial condition.
FR Holdings may, at any time during the ROFR Period, elect to exercise an option to acquire all of such Investor Interest by delivering written notice (the “ROFR Exercise Notice”) to the Investor of its intent to purchase the Investor Interest.