Examples of Project Entities in a sentence
None of the Project Entities has any current or accrued material tax liability that is not specifically reflected in the Base Case Projections as in effect at and as of the Document Closing Date and in the Construction Plan Budget & Schedule or as reflected in the assumptions in the then applicable Operating Plans, as the case may be.
None of the Project Entities has made any Investments other than Permitted Investments.
None of the Project Entities is a party to or bound by any contract other than those contracts permitted under the Transaction Documents, as applicable.
Prior to the Document Closing, Sponsor shall cause the Project Entities to comply with all Governmental Rules and shall cause the Project Company to maintain its status as an Exempt Wholesale Generator.
Except for Permitted Liens, none of the Project Entities has created, or is under any agreement to create, nor does there exist, any Lien upon any of its revenues, properties or assets.