NUG Transaction definition
NUG Transaction means a transaction entered into by a Single Purpose Entity, the principal purpose of which is to restructure the contracts relating to, or financing of, an existing independent power project, excluding any such transactions that were consummated prior to December 31, 1997.
Examples of NUG Transaction in a sentence
In no event shall Buyer, Citizens or any of their respective Affiliates be required to own any membership or other equity or capital interest with respect to any Person in connection with an Excluded NUG Transaction.