Panhandle Holdco definition

Panhandle Holdco shall have the meaning set forth in Part I of Appendix C.
Sample 1Sample 2Sample 3
Panhandle Holdco shall have the meaning set forth in Part I of Appendix C. “Pay Down Amount” shall have the meaning set forth in Part VI of Appendix B. “Permitted Lien” means: (a) a charge or lien arising in favor of a Governmental Authority by operation of statute unless there is default in payment of money secured by that charge or lien; (b) any lien for Taxes not yet due or delinquent or being contested in good faith; (c) any mechanics’, workmen’s or other like lien arising in the ordinary course of business; (d) any retention of title arrangement undertaken in the ordinary course of business; (e) any lien, deposit or pledge existing on the date of the Agreement or the Closing Date with regard to the Acquired Interests, the Project Company, any Seller Affiliate or any of their assets disclosed in the disclosure schedules to this Agreement; (f) defects, easements, rights of way, restrictions, irregularities, encumbrances (other than for borrowed money) and clouds on title and statutory liens that do not (and upon enforcement thereof will not) materially impair the value or use by the Project Company of the real property rights affected or are otherwise listed in the Title Policy
Sample 1
Panhandle Holdco is defined in the preamble.
Sample 1

Examples of Panhandle Holdco in a sentence

  • The Project Company is classified as a partnership for federal Tax purposes and Panhandle Wind Holdings LLC, Panhandle Holdco and Panhandle B Member LLC are classified as disregarded entities for federal Tax purposes.

  • Immediately after the PH2 Closing, the membership interests in Panhandle Holdco were, pursuant to agreements separate from the PH2 PSA, restructured into Class A and Class B membership interests.

  • Each of the representations by the Class B Member (as defined in the ECCA pursuant to Section 3.5 of the ECCA, for this purpose treating each reference therein to Panhandle Holdco as if it was a reference to Panhandle Holdco and Panhandle B Member 2 LLC, is true and correct at and as of the date hereof and the Closing Date as if made at and as of such dates (other than any representations or warranties that are made as of a specific date, which shall be true and correct as of such date).

  • Following the restructuring and capital contributions made by certain tax equity investors (the “Tax Equity Investors”), (1) Panhandle B Member 2 LLC holds 100% of the Class B membership interests in Panhandle Holdco and (2) the Tax Equity Investors hold 100% of the Class A membership interests in Panhandle Holdco.

  • So long as the Class B Member is the Managing Member, all requests, notices and other communications and all authorizations, consents of Panhandle Holdco, approvals or directions given or made by the Class B Member, unless the context otherwise requires, shall be deemed to be given or made by the Class B Member in its capacity as Managing Member, on behalf of Panhandle Holdco as sole member of the Company, whether or not so specified.

  • The Administrator also agrees that it shall, at any time and from time to time during the Term of this Agreement, after receipt of a written request by the Company, execute and deliver to the Company, its lenders, Panhandle Holdco, the Members and/or the Energy Hedge Counterparty, such estoppel statements as may reasonably be requested.

Related to Panhandle Holdco

  • Holdco has the meaning set forth in the Preamble.

  • Direct holdings means all publicly traded securities of a company that are held directly by the state treasurer or a retirement system in an actively managed account or fund in which the retirement system owns all shares or interests.

  • MLP has the meaning given such term in the introduction to this Agreement.

  • CFC Holdco means any Domestic Subsidiary that has no material assets other than Equity Interests of one or more Foreign Subsidiaries that are CFCs.

  • OpCo has the meaning set forth in the Preamble.

  • Indirect holdings means all securities of a company that are held in an account or fund, including a mutual fund, that is managed by one or more persons who are not employed by the state treasurer or a retirement system, if the state treasurer or retirement system owns shares or interests either:

  • Acquisition Subsidiary shall have the meaning ascribed to it in the preamble hereto.

  • Partnership Subsidiary means Host LP and any partnership, limited liability company, or other entity treated as a partnership for federal income tax purposes or disregarded as a separate entity for federal income tax purposes in which either Host REIT or Host LP owns (or owned on or after January 1, 1999) an interest, either directly or through one or more other partnerships, limited liability companies or other entities treated as a partnership for federal income tax purposes or disregarded as a separate entity for federal income tax purposes (whether or not Host REIT or Host LP has a controlling interest in, or otherwise has the ability to control or direct the operation of, such entity). Notwithstanding the foregoing, the term “Partnership Subsidiary” shall not in any way be deemed to include the Non-Controlled Subsidiaries or subsidiaries thereof, the Taxable REIT Subsidiaries or subsidiaries thereof, or the Subsidiary REITs or subsidiaries thereof.

  • Financing Subsidiary means (a) any Structured Subsidiary or (b) any SBIC Subsidiary.

  • General Partnership Interest means a Partnership Interest held by the General Partner that is a general partnership interest.

  • Holdings has the meaning specified in the introductory paragraph to this Agreement.

  • Subsidiary Partnership means any partnership or limited liability company that is a Subsidiary of the Partnership.

  • New Parent shall have the meaning assigned to such term in the definition of the term “Change in Control”.

  • Project Financing Subsidiary means any Restricted Subsidiary of the Borrower (or any other Person in which Borrower directly or indirectly owns a 50% or less interest) whose principal purpose is to incur Project Financing or to become an owner of interests in a Person so created to conduct the business activities for which such Project Financing was incurred, and substantially all the fixed assets of which Subsidiary or Person are those fixed assets being financed (or to be financed) in whole or in part by one or more Project Financings.

  • Borrower Partnership Agreement means the Limited Partnership Agreement of the Borrower dated as of January 17, 2014 as such agreement may be amended, restated, modified or supplemented from time to time with the consent of the Administrative Agent or as permitted under Section 10.10.

  • mixed financial holding company means a mixed financial holding company as defined in point (21) of Article 4(1) of Regulation (EU) No 575/2013;

  • Intermediate Holdco means Sunnova Intermediate Holdings, LLC, a Delaware limited liability company.

  • New Holdco means the direct or indirect Subsidiary of the Ultimate Parent following the Post-Closing Reorganizations.

  • Foreign Subsidiary Holding Company means any Subsidiary the primary assets of which consist of Capital Stock in (i) one or more Foreign Subsidiaries or (ii) one or more Foreign Subsidiary Holding Companies.

  • Atlas means Automated Transportation Logistics Activity System. ATLAS is a computerized information system to which all Shippers have access upon request. ATLAS enables Shippers to nominate and release product and to monitor and coordinate the movement of Petroleum Products while on Carrier's system.

  • lone parent means a person who has no partner and who is responsible for and a member of the same household as a child or young person;

  • Foreign Subsidiary Holdco any Domestic Subsidiary that has no material assets other than the Capital Stock of one or more Foreign Subsidiaries, and other assets relating to an ownership interest in any such Capital Stock.

  • Holdings LLC Agreement means the Third Amended and Restated Limited Liability Company Agreement of Holdings, dated on or about the date hereof, as such agreement may be amended from time to time.

  • Parent Holding Company means any direct or indirect parent entity of Holdings which holds directly or indirectly 100% of the Equity Interest of Holdings and which does not hold Capital Stock in any other Person (except for any other Parent Holding Company).

  • Subsidiary means an entity in which more than 50 percent of the entity is owned—

  • CERC means the Central Electricity Regulatory Commission of India, constituted under sub – section (1) of Section 76 of the Xxxxxxxxxxx Xxx, 0000, or its successors;