Project Company Expenses definition

Project Company Expenses means, except to the extent payable by the Project Company Manager or Project Company Servicer and not reimbursable by a Project Company pursuant to a Project Company Management Agreement or Project Company Servicing Agreement, all expenses incurred for the operation of any Project Company or the PV Systems and/or Energy Storage Systems and any reserves that, in the reasonable judgment of the related Managing Member, are necessary or appropriate for payment of such expenses, including but not limited to (i) to the extent not reimbursed from the Supplemental Reserve Account, the amount payable in respect of any invoice received under the related Project Company Management Agreement or Project Company Servicing Agreement (other than in respect of the fees described in clauses (iii) and (iv) below), (ii) expenses and/or premiums related to insurance required pursuant to the related Project Company Documents, (iii) the Project Company Manager Fees and the fees and expenses under the related Project Company Management Agreement or those of any replacement manager, (iv) the Project Company Servicer Fees, Project Company Back-Up Servicing Fees, any Project Company Transition Manager Fees and the fees and expenses under the related Project Company Servicing Agreement or those of any replacement operator, (v) costs due to tax preparation or audit services for such Project Company and any other expense incurred for any taxes or filing fees of such Project Company and (vi) funding of any operation and maintenance reserve accounts in accordance with the related Project Company Documents. In no event shall Tax Equity Investor Distributions be deemed to be Project Company Expenses.
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Project Company Expenses means operating and maintenance expenses and reserves that, in the reasonable judgment of the Borrower, are necessary or appropriate for the operation of the Projects consistently with prudent operating practices.
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Project Company Expenses means, except to the extent payable by the Operator and not reimbursable by a Project Company pursuant to a MOMA, all expenses incurred for the operation of any Project Company or the PV Systems and any reserves that, in the reasonable judgment of the related Managing Member, are necessary or appropriate for payment of such expenses, including but not limited to (i) the amount payable in respect of any invoice received under the related MOMA (other than in respect of the fees described in clause (iii)), (ii) expenses and/or premiums related to insurance required pursuant to the related Project Company Documents, (iii) the Operator Fees and the fees and expenses under the related MOMA or those of any replacement operator, (iv) costs due to tax preparation or audit services for such Project Company and any other expense incurred for any taxes or filing fees of such Project Company, (v) fees and expenses under the Master Backup Services Agreement related to such Project Company, and (vi) funding of any operation and maintenance reserve accounts in accordance with the related Project Company Documents. In no event shall Tax Equity Investor Distributions be deemed to be Project Company Expenses.
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Examples of Project Company Expenses in a sentence

  • The Borrower shall (or the Collateral Manager on behalf of the Borrower shall) maintain adequate reserves for, and promptly pay when due and payable, all Project Company Expenses.

  • Annex B-1 to NPA Supplement ANNEX C TO NPA SUPPLEMENT Project Company Expenses, Scheduled Tax Equity Investor Distributions and Scheduled Managing Member Distributions [***] = Certain confidential information contained in this document, marked by brackets, is filed with the Securities and Exchange Commission pursuant to Rule 406 of the Securities Act of 1933, as amended.

  • Kawada N, Kuroki T, Uoya M, Inoue M, Kobayashi K: Smo- oth muscleα-actin expression in rat hepatic stellate cell is regulated by nitric oxide and cAMP.


More Definitions of Project Company Expenses

Project Company Expenses means, except to the extent payable by the Project Company Manager or Project Company Servicer and not reimbursable by a Project Company pursuant to a Project Company Management Agreement or Project Company Servicing Agreement, all expenses incurred for the operation of any Project Company or the PV Systems, Energy Storage Systems
Sample 1

Related to Project Company Expenses

  • Company Expenses has the meaning provided in Section 8.3.

  • Project Costs means all allowable costs, as set forth in the applicable Federal cost principles, incurred by a recipient and the value of the contribu- tions made by third parties in accom- plishing the objectives of the award during the project period.

  • Acquisition Costs means all fees, costs, expenses, stamp, registration or transfer Taxes incurred by the Group in connection with the Acquisition.

  • Property Expenses means the costs (including, but not limited to, payroll, taxes, assessments, insurance, utilities, landscaping and other similar charges) of operating and maintaining any Eligible Property or Property which secures Other Recourse Debt that are the responsibility of the Borrower or the applicable Material Subsidiary that are not paid directly by any Tenant, but excluding depreciation, amortization, interest costs and maintenance capital expenditures.

  • Operational Expenses means expenses of the clerk of court used to maintain the clerk’s office and includes, but is not limited to, (i) computer support, maintenance, enhancements, upgrades, and replace- ments and office automation and information technol- ogy equipment, including software and conversion services; (ii) preserving, maintaining, and enhancing court records, including, but not limited to, the costs of repairs, maintenance, consulting services, service contracts, redaction of social security numbers from certain records, and system replacements or upgrades; and (iii) improving public access to records maintained by the clerk, including locating technology in an offsite facility for such purposes or for implementation of a disaster recovery plan.

  • Estimated Transaction Expenses has the meaning set forth in Section 2.3(a).

  • Reimbursable Costs means expenses incurred by the employee in the course of engaging in the planned learning activity and include registration, tuition and examination fees as well as textbooks/discs and applicable taxes. They may also include reasonable, incremental meal, accommodation and travel expenses.

  • Transition Expenses The reasonable costs (including reasonable attorneys’ fees) of the Backup Servicer incurred in connection with the transferring the servicing obligations under this Agreement and amending this Agreement to reflect such transfer in an amount not to exceed $100,000.

  • Transition Costs means the reasonable costs and expenses (including reasonable attorneys’ fees but excluding overhead) incurred or payable by the Successor Servicer in connection with the transfer of servicing (whether due to termination, resignation or otherwise), including allowable compensation of employees and overhead costs incurred or payable in connection with the transfer of the Receivable Files or any amendment to the Sale and Servicing Agreement required in connection with the transfer of servicing.

  • Qualified Project Costs shall have the meaning given to it in the Regulatory Agreement.

  • Remediation Costs means the cost of any action taken to reduce the concentration of contaminants on, in or under the Eligible Property to permit a record of site condition to be filed in the Environmental Site Registry under section 168.4 of the Environmental Protection Act and the cost of complying with any certificate of property use issued under section 168.6 of the Environmental Protection Act, as further specified in the CIP.

  • Management Expenses means the Management Expenses more particularly described in Clause 10.1;

  • Capital Expenses expenses that are capital in nature or required under GAAP to be capitalized.

  • REIT Expenses means (i) costs and expenses relating to the formation and continuity of existence and operation of the General Partner and any Subsidiaries thereof (which Subsidiaries shall, for purposes hereof, be included within the definition of General Partner), including taxes, fees and assessments associated therewith, any and all costs, expenses or fees payable to any director, officer, or employee of the General Partner, (ii) costs and expenses relating to any public offering and registration of securities by the General Partner and all statements, reports, fees and expenses incidental thereto, including, without limitation, underwriting discounts and selling commissions applicable to any such offering of securities, and any costs and expenses associated with any claims made by any holders of such securities or any underwriters or placement agents thereof, (iii) costs and expenses associated with any repurchase of any securities by the General Partner, (iv) costs and expenses associated with the preparation and filing of any periodic or other reports and communications by the General Partner under federal, state or local laws or regulations, including filings with the Commission, (v) costs and expenses associated with compliance by the General Partner with laws, rules and regulations promulgated by any regulatory body, including the Commission and any securities exchange, (vi) costs and expenses associated with any 401(k) plan, incentive plan, bonus plan or other plan providing for compensation for the employees of the General Partner, (vii) costs and expenses incurred by the General Partner relating to any issuing or redemption of Partnership Interests, and (viii) all other operating or administrative costs of the General Partner incurred in the ordinary course of its business on behalf of or in connection with the Partnership.

  • Third Party Expenses has the meaning ascribed to it in Section 5.5.

  • Exploration Expenditures means the sum of:

  • Construction Costs means land costs, all costs paid to construct and complete the Improvements, as specified on Exhibit "B" attached hereto and made a part hereof.

  • Project Expenses means usual and customary operating and financial costs. The term does not include extraordinary capital expenses, development fees and other non-operating expenses.

  • Excluded Expenses means any costs, fees or expenses of the Company or any Company Subsidiary arising out of or relating to any dispute with the Shareholder Representative or otherwise with respect to the terms of this Agreement other than the Shareholder Representative’s equal share of the fees and expenses of the Neutral Auditor and the investment bank pursuant to Section 2.4(d)(i) and except as otherwise set forth in Section 7.8.

  • Transaction Expenses means any fees or expenses incurred or paid by the Investors, Holdings, the Borrower or any of its (or their) Subsidiaries in connection with the Transactions (including expenses in connection with hedging transactions), this Agreement and the other Loan Documents and the transactions contemplated hereby and thereby.

  • Permitted Expenses means the reasonable and documented costs and expenses incurred by the Agents and the Lenders (and their respective agents or professional advisors) in connection with the preparation, administration, amendment and due diligence of this Agreement and the other Credit Documents and, which costs and expenses the Borrower shall reimburse to the Administrative Agent or shall pay or cause to be paid in accordance with the Credit Documents. “Permitted Expenses” shall include, without limitation, the expenses set forth in Sections 5.10 and 9.2 hereof.

  • Total Project Costs means, with respect to a Project, the sum of (i) the Qualified Project Expenditures plus (ii) all other costs necessary to acquire the Land, construct the Development Work and the Construction Improvements in accordance with the Plans and Specifications and complete the Project.

  • O&M Expenses means expenses incurred by or on behalf of the Developer or by the Authority, as the case may be, for all O&M including (a) cost of salaries and other compensation to employees, (b) cost of materials, supplies, utilities and other services, (c) insurance premium, (d) all taxes, duties, cess and fees due and payable for O&M, (e) all repair, replacement, reconstruction, reinstatement, improvement and maintenance costs, (f) payments required to be made under the O&M Contract, or any other contract in connection with or incidental to O&M, and (g) all other expenditure required to be incurred under Applicable Laws, Applicable Permits or this Agreement.

  • Transaction Costs means all fees, costs and expenses incurred or payable by the Borrower or any Subsidiary in connection with the Transactions.