Project Holdco definition

Project Holdco has the meaning set forth in the recitals to this Participation Agreement.
Project Holdco means a wholly-owned Domestic Subsidiary of Borrower that is a Guarantor and 100% of the Equity Interests of which have been pledged to the Collateral Agent under the Pledge and Security Agreement.
Project Holdco means the Japanese Holdco and any other entity which is owned to at least seventy (70) per cent. by the Issuer and incorporated (or acquired as an off the shelf company) for the purpose of making Project Investments.

Examples of Project Holdco in a sentence

  • As of the Effective Date and through the period ending immediately prior to the Document Closing, (i) Sponsor Investor will own 100% of the issued and outstanding Equity Interests of Master Holdco, (ii) Master Holdco will own 100% of the issued and outstanding Equity Interests of Project Holdco, and (iii) Project Holdco will own 100% of the issued and outstanding Equity Interests of the Project Company.

  • Immediately prior to giving effect to the transactions contemplated by the Equity Documents, (i) Sponsor Member owns 100% of the issued and outstanding Equity Interests of Master Holdco, (ii) Master Holdco owns 100% of the issued and outstanding Equity Interests of each Project Holdco, and (iii) Sponsor owns 100% of the issued and outstanding Equity Interests of each Project Company.

  • It is owned as to 70% and 30%, respectively by the Project Holdco and the PRC Partner which is not a connected person of the Company.

  • Project Holdco Project Subsidiary 1 Each Director (other than Xxxxx X’Xxxxx) will hold a Director Share.

  • The relationship between Project Holdco and PRC Partner is governed by the terms of the Cooperation Agreement under which the parties agreed to contribute registered capital, share in the profits and enjoy voting rights pro rata to their equity interest, and Project Holdco would have the right to appoint two of three directors of Project Company and the Chairman of its board.


More Definitions of Project Holdco

Project Holdco has the meaning assigned to it in Section 5.2;
Project Holdco means the Japanese Holdco and any other entity which is wholly owned by the Issuer and incorporated (or acquired as an off the shelf company) for the purpose of making Project Investments.
Project Holdco means each of OFC, OrCal, OrHeber 1, OrMammoth, ORNI 1, ORNI 2, ORNI 7, ORNI 44, and Heber Field, in each case, as defined in the Contribution Agreement.
Project Holdco means (a) from the Closing Date until the Post-IPO Reorganization, a wholly-owned Domestic Subsidiary of Borrower and (b) from and after the Post-IPO Reorganization, a wholly-owned Subsidiary of Borrower or a wholly-owned Guarantor Subsidiary of which, in each case, (i) 100% of the Equity Interests have been pledged to the Collateral Agent under the Collateral Documents and (ii) such Project Holdco shall be organized in an Approved Jurisdiction.
Project Holdco means a direct, wholly-owned Domestic Subsidiary of Borrower that is a Guarantor and 100% of the Equity Interests of which have been pledged to the Collateral Agent under the Pledge and Security Agreement.
Project Holdco means each Initial Project Holdco and each Additional Restricted Subsidiary owned 100% directly or indirectly by the Borrower and formed solely to own, and which solely owns, directly or indirectly debt of, and Equity Interests or other Investments in, Project Subsidiaries.
Project Holdco means Dominicana Holdings Inc., a company existing under the laws of Barbados;