Project Finance Company definition

Project Finance Company means any Subsidiary of the Guarantor all or substantially all of whose assets and business (and that of its Subsidiaries) are constituted by the ownership, acquisition, development and/or operation of assets in connection with a project and where the persons providing the financing of such ownership, acquisition, development and/or operation of assets have no recourse whatsoever for the repayment of or payment of any sum relating to such financing other than:
Project Finance Company means any company, partnership or other legal person falling within the scope of paragraph (a) of the definition of Project Finance Borrowing or which the Majority Banks have agreed shall be treated as a Project Finance Company for the purposes of the Finance Documents;
Project Finance Company. ’ means a special purpose company (a) whose sole business comprises a project for the ownership, creation, construction, improvement, operation, development or exploitation of its assets; and (b) which has no Indebtedness other than Indebtedness Incurred for the purposes of the project referred to in paragraph (a).

Examples of Project Finance Company in a sentence

  • Project, Finance, Company Affairs, Personnel and Administration are operating with bare minimum staff, inspite of continuous increase in the workload of the Corporation.

  • Project Finance Company is not allowed to enhance the MoU quantity.

  • Project Finance Company is not allowed to reduce the MoU quantity.

  • On the approval of an agreement on compensation in property form between PJSC "Rosseti Moscow Region" and LLC "Project Finance Company "Avangard".


More Definitions of Project Finance Company

Project Finance Company means a special purpose company whose sole business comprises a Project and the ownership, maintenance, improvement, operation and exploitation of the assets of that Project;
Project Finance Company means any company, partnership or other legal entity (whether or not a member of the Group) where its (or one or more of its Subsidiaries’) principal assets and business are constituted by the ownership, creation, exploitation, acquisition, development and/or operation of an asset or project whether directly or indirectly, and where none of its indebtedness or that of one or more of its Subsidiaries in respect of the financing of such ownership, creation, exploitation, acquisition, development and/or operation of an asset or project benefits from any recourse whatsoever to any member of the Group other than:
Project Finance Company means any Affiliate of the Parent (a) whose principal assets and business are the ownership, acquisition, development or operation of any asset or combination of assets whether directly or indirectly, (b) none of whose Indebtedness in respect of the financing of the ownership, acquisition development or operation of any such asset benefits from recourse to any member of the Group (other than such Affiliate or another Project Finance Company) in respect of any payment or repayment in respect thereof, except as expressly referred to in paragraph (b)(iii) of the definition of "Project Finance Indebtedness" and (c) which has been designated as such by the Parent by written notice to the Administrative Agent, provided that the Parent may give written notice to the Administrative Agent at any time that any Project Finance Company is no longer a Project Finance Company, whereupon it shall cease to be a Project Finance Company.
Project Finance Company means any Person in which PJSC Polyus holds a direct or indirect interest or which is a special purpose vehicle, where such person is established or used for the purposes of undertaking the ownership, acquisition, construction, or development or financing of any project whose main source of finance is Project Financing;”;

Related to Project Finance Company

  • Sales finance company means that term as defined in section 2 of the motor vehicle sales finance act, MCL 492.102.

  • Project Finance Subsidiary means a Subsidiary that is a special-purpose entity created solely to (i) construct or acquire any asset or project that will be or is financed solely with Project Financing for such asset or project and related equity investments in, loans to, or capital contributions in, such Subsidiary that are not prohibited hereby and/or (ii) own an interest in any such asset or project.

  • Renewable energy means energy derived from sunlight, wind, falling water, biomass, sustainable or

  • Finance means the Division of Finance.

  • Project Financing means: (a) one or more loans, leases, equity and/or debt financings, together with all modifications, renewals, supplements, substitutions and replacements thereof, the proceeds of which are used to finance or refinance the costs of the Customer Facility, any alteration, expansion or improvement to the Customer Facility, the purchase and sale of the Customer Facility or the operation of the Customer Facility; (b) a power purchase agreement pursuant to which Interconnection Customer’s obligations are secured by a mortgage or other lien on the Customer Facility; or (c) loans and/or debt issues secured by the Customer Facility.

  • Renewable energy facility means an electric generation unit or other facility or installation that produces electric energy using a Renewable Energy Source.

  • renewable energy sources means renewable sources such as small hydro, wind, solar including its integration with combined cycle, biomass, bio fuel cogeneration, urban or municipal waste and other such sources as approved by the MNRE;

  • Renewable energy project means (A) a project

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

  • Asset Management Company means an asset Management Company as defined in the Rules and Regulations.

  • Cogeneration unit means a unit that has equipment used to produce electric energy and forms of useful thermal energy (such as heat or steam) for industrial, commercial, heating or cooling purposes, through the sequential use of energy.

  • Renewable Energy Source means an energy source that is not fossil carbon-based, non- renewable or radioactive, and may include solar, wind, biomass, geothermal, landfill gas, or wave, tidal and thermal ocean technologies, and includes a Certified Renewable Energy Source.

  • Class I renewable energy means electric energy produced from

  • Greenfield means land not developed beyond agricultural, range, or forestry use.

  • Management Company means the firm overseeing the operation and management of the Participating Property; and shall mean the Grantee in any event wherein the Management Company is required to perform any obligations under this Agreement.

  • PEBB means the public employees benefits board.

  • Renewable energy resources means energy derived from solar, wind, geothermal, biomass, and hydroelectricity. A fuel cell using hydrogen derived from these eligible resources is also an eligible electric generation technology. Fossil and nuclear fuels and their derivatives are not eligible resources.