Project Holding Company definition

Project Holding Company means a Project Company that directly or indirectly owns interests in more than one Project other than through a Joint Venture.
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Project Holding Company has the meaning set forth in the Recitals.
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Project Holding Company means the highest tier parent of a Project Company in which the Borrower or another Obligor holds an Equity Interest and in which any Person other than the Borrower or such Obligor holds on Equity Interest. For the avoidance of doubt, each Project Holding Company will be either a Subsidiary of the Borrower or such Obligor or a Non-Controlled Project Entity.
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Examples of Project Holding Company in a sentence

  • The Equity Interests in the Project Company were duly authorized, validly issued, fully paid and nonassessable and were not issued in violation of any preemptive rights, rights of first refusal or similar rights and the Project Holding Company is the sole member of the Project Company immediately prior to the Closing.

  • Except as set forth on Schedule 3.07, no Equity Interests in the Project Holding Company are represented by any certificate or other instrument.

  • Each Project Holding Company is a “holding company” as defined in PUHCA solely with respect to its ownership of one or more QFs or “exempt wholesale generators”, as defined in PUHCA.

  • Each Borrower represents and warrants that it is in a position to obtain, and each Borrower hereby assumes full responsibility for obtaining, any additional information concerning any other Borrower’s financial condition and any other matter pertinent hereto as such Borrower may desire, and such Borrower is not relying upon or expecting the Agent to furnish to it any information now or hereafter in the Agent’s possession concerning the same or any other matter.

  • The Equity Interests in Project Holding Company were duly authorized, validly issued, fully paid and nonassessable and were not issued in violation of any preemptive rights, rights of first refusal or similar rights and the Intermediate Holding Company is the sole member of the Project Holding Company immediately prior to the Closing.

  • No Project Holding Company, no Lessee, nor, to Seller’s Knowledge, any other Portfolio Entity has taken a position on any Tax Return that the transactions between such Lessor and Lessee are anything other than “true leases” for federal income tax purposes or that such Lessor is anything other than the owner of the applicable Projects for federal income tax purposes.

  • The Equity Interests in Project Holding Company were duly authorized, validly issued, fully paid and nonassessable and were not issued in violation of any preemptive rights, rights of first refusal or similar rights and the Company, the Tax Equity Investor and SunPower Capital Services, LLC are the only members of the Project Holding Company immediately prior to the Closing.

  • PNB and EPF are long term investors whilst Sime Property and S P Setia Berhad (which each owns 40% interest in Battersea Project Holding Company Limited) are principally property developers.

  • Promptly after adoption by the Project Holding Company of a plan of dissolution and liquidation, unless otherwise agreed by the Participants, the Managing Director shall take all action necessary to wind up the activities of the Project Holding Company, and all costs and expenses incurred in connection therewith shall be expenses chargeable to the Project Holding Company.

  • To the extent that this Agreement provides for the taking of any actions by, or the refrain from taking any actions by, the Project Holding Company, the Project Holding Company agrees to comply therewith.


More Definitions of Project Holding Company

Project Holding Company means a Restricted Subsidiary that is not a Project Subsidiary.
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Project Holding Company means the corporation, limited partnership or other form, structure or entity selected in accordance with Section 1.6 of the Agreement as the entity to hold the Assets and carry on Operations.
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Related to Project Holding Company

  • CFC Holding Company means a Subsidiary, substantially all of the assets of which consist of Equity Interests or Indebtedness of (a) one or more CFCs or (b) one or more CFC Holding Companies.

  • Parent Holding Company means any direct or indirect parent entity of Holdings which holds directly or indirectly 100% of the Equity Interest of Holdings and which does not hold Capital Stock in any other Person (except for any other Parent Holding Company).

  • Bank Holding Company means a company registered as such with the Federal Reserve pursuant to 12 U.S.C. §1842 and the regulations of the Federal Reserve promulgated thereunder.

  • New Holding Company means a corporation that is not a bank, association, or national banking association and as to which all of the following apply:

  • Foreign Holding Company means any Domestic Subsidiary substantially all of the assets of which consist of Equity Interests and/or Indebtedness of one or more Foreign Subsidiaries or other Foreign Holding Companies.

  • Holding Companies means, collectively, the Company and Holdings, and each is a “Holding Company”.

  • financial holding company means a financial holding company as defined in point (20) of Article 4(1) of Regulation (EU) No 575/2013;

  • Mutual holding company means that term as defined in section 10(o) of the home owners' loan act, chapter 64, titles III and IX of Public Law 101-73, 12 U.S.C. 1467a, and OTS regulations governing mutual holding companies.

  • Qualified CFC Holding Company means a Wholly Owned Subsidiary of the Issuer that is a limited liability company, the primary asset of which consists of Equity Interests in either (i) a Foreign Subsidiary or (ii) a limited liability company the primary asset of which consists of Equity Interests in a Foreign Subsidiary.

  • mixed financial holding company means a mixed financial holding company as defined in point (21) of Article 4(1) of Regulation (EU) No 575/2013;

  • Public utility holding company means: (1) any company that,

  • Intermediate Holding Company means any Subsidiary of Holdings (of which Holdings, directly or indirectly, owns 100% of the issued and outstanding Equity Interests) that, directly or indirectly, owns 100% of the issued and outstanding Equity Interests of the Lead Borrower.

  • Direct holdings means all publicly traded securities of a company that are held directly by the state treasurer or a retirement system in an actively managed account or fund in which the retirement system owns all shares or interests.

  • Operating Company means an “operating company” within the meaning of 29 C.F.R. §2510.3-101(c) of the Plan Asset Regulations.

  • Foreign Subsidiary Holding Company means any Subsidiary the primary assets of which consist of Capital Stock in (i) one or more Foreign Subsidiaries or (ii) one or more Foreign Subsidiary Holding Companies.

  • Holding Company means, in relation to a company or corporation, any other company or corporation in respect of which it is a Subsidiary.

  • mixed-activity holding company means a parent undertaking, other than a financial holding company or an institution or a mixed financial holding company, the subsidiaries of which include at least one institution;

  • Insurance holding company system means a group of two or more affiliated persons, at least one of whom is an insurer.

  • Ultimate Parent Company means a company which owns at least twenty six percent (26%) equity in the Bidding Company or Member of a Consortium, (as the case may be) and in the Technically Evaluated Entity and/or Financially Evaluated Entity (as the case may be) and such Bidding Company or Member of a Consortium, (as the case may be) and the Technically Evaluated Entity and/or Financially Evaluated Entity (as the case may be) shall be under the direct control or indirectly under the common control of such company;

  • Domestic Foreign Holding Company means any Domestic Subsidiary that is a disregarded entity for U.S. federal income tax purposes with no material assets other than Equity Interests and/or Indebtedness of one or more Foreign Subsidiaries and other assets incidental thereto.

  • Bidding Company shall refer to such single company that has made a Response to RFP for the Project;

  • Founding Companies has the meaning set forth in the third recital of this Agreement.

  • Bank Holding Company Act means the Bank Holding Company Act of 1956, as amended.

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

  • Operating Companies shall have the meaning specified in the recitals to this Agreement.

  • Indirect holdings means all securities of a company that are held in an account or fund, including a mutual fund, that is managed by one or more persons who are not employed by the state treasurer or a retirement system, if the state treasurer or retirement system owns shares or interests either: