Project Company definition

Project Company means Company incorporated by the bidder as per Indian Laws in accordance with Clause no 3.5.

Project Company means the company, incorporated by the Bidder as per Indian laws, in n accordance with Clause 2.16;

Project Company shall have the meaning set forth in the recitals to this Agreement, and is more particularly described in Part I of Appendix C of the Agreement.

Examples of Project Company in a sentence

• The CfD Counterparty may agree by notice to the Generator[,]/[and] Project Company 2 [and Project Company 3] to waive any of the Milestone Requirements.

• If at any stage after COD it is found that in place of Normal Rate of Depreciation (based on which the Solar Power Project Company was selected) the Solar Power Project Company is claiming Accelerated Rate of Depreciation as per the Income Tax Act 1961, the applicable Tariff of the Solar Power Project shall be reduced Rs 4.75/kWh from the COD.

• If, pursuant to Condition 5 (Adjustment to Installed Capacity Estimate: Relevant Construction Event) of the CfD (Phase 1) Agreement, the Phase 1 Installed Capacity Estimate is reduced (the amount of such reduction being the “RCE Reduction Amount”), the CfD Counterparty shall, within five (5) Business Days of such reduction having been agreed or determined, give a notice to the Generator [and Project Company 3] (a “Phasing RCE-Adjustment Notice”).

• No later than the Milestone Delivery Date, the Generator shall procure that the Generator[,]/[and] Project Company 2 [and Project Company 3] shall jointly give a notice to the CfD Counterparty (a “Milestone Requirements Notice”) that they consider that the Milestone Requirements have been complied with and fulfilled.

More Definitions of Project Company

Project Company means the Company incorporated by the Bidder as per The Companies Act, 1956or the Companies Act, 2013 as applicable;

Project Company means a corporation, limited liability company, partnership, joint venture, trust or other entity which is a Subsidiary or Joint Venture of the Operating Company and the direct or indirect owner of a Project.

Project Company means the company incorporated by the Bidder/SPG as per Indian Laws.

Project Company means any Subsidiary of the Company, substantially all of whose activities involve any construction, development or infrastructure project, including without limitation greenfield projects and brownfield projects, in which the Company or any of its Subsidiaries participates or holds, directly or indirectly, an interest, including any Subsidiary that is a member of construction consortia or a qualified bidder in Brazil or other foreign jurisdiction.

Project Company has the meaning set forth in the recitals to this Agreement.

Project Company means each of the following:

Project Company means the Company incorporated by the Bidder as per Indian Laws for the implementation of Project selected based on the RfS