Project Interest definition

Project Interest means any undivided interest in a Facility.

Project Interest means an interest in the Project held by a Grower, comprising the rights, liabilities and obligations of a Grower contained in a Lease and Management Agreement, the Constitution for the Project and any other relevant documents as they relate to the Sandalwood Lot(s) sub-leased by the Grower;

Project Interest means an undivided interest in a power or energy related facility.

Examples of Project Interest in a sentence

• The amount to be paid by each Contractor shall be calculated annually as if the Project Interest Rate were increased to the extent necessary to produce revenues from all Contractors sufficient to pay such difference for that year.

• Notwithstanding the immediately preceding exception, such amortization shall also apply to any adjustments in this component charge resulting from a change in the Project Interest Rate due to any refunding after January 1, 1986 on bonds issued under the Central Valley Project Act.

• Any such reallocation of costs incurred prior to the Billing Transition Date shall include appropriate interest thereon at the Project Interest Rate.

• The Agency’s annual payment of its allocated Capital Costs Incurred prior to the Billing Transition Date and interest thereon, computed at the Project Interest Rate and compounded annually, shall be determined in accordance with a repayment schedule established by the State and determined in accordance with the principles set forth in (A), (B), and (C) below, which principles shall be controlling as to the Agency’s payment of its allocated Capital Costs.

• United States Interests Project Interest owned % Gold Nugget Gas Prospect (GN 1-23) Fremont County, Wyoming 70.00 * * 70% interest with an entitlement to 50% of profits from GN 1-23 until final payment of the further US$450,000 cash component of the purchase price.

More Definitions of Project Interest

Project Interest means any undivided interest in a Facility. “Pro Rata Percentage” of (a) any Revolving Credit Lender at any time shall mean the percentage of the Total Revolving Credit Commitment represented by such Lender’s Revolving Credit Commitment and (b) any Funded L/C Lender at any time shall mean the percentage of the Total Credit-Linked Deposit represented by such Lender’s Credit-Linked Deposit. In the event the Revolving Credit Commitments shall have expired or been terminated, the Pro Rata Percentages of any Revolving Credit Lender shall be determined on the basis of the Revolving Credit Commitments most recently in effect prior thereto. In the event the Credit-Linked Deposits shall have been applied in full to reimburse Funded L/C Disbursements or shall be returned, the Pro Rata Percentage of any Funded L/C Lender shall be determined on the basis of the Credit-Linked Deposits most recently in effect prior thereto.

Project Interest means, with respect to any Party, its Unit Interest derived from each Contract Group and its corresponding interests in the Project Interest Agreements.

Project Interest has the meaning set forth in Section 2.12(c)(ii).

Project Interest means an interest in the Project under the Project Constitution and the licences, agreements and arrangements arising as a result of the issue of an interest to the Borrower under the Project Constitution.

Project Interest means any portion thereof;

Project Interest means the interest of a Party in the Project from time to time which is equal to the percentage as set out in Section 5 of the MOU;

Project Interest means, in respect of any project under development, (a) all ownership interests in, or Indebtedness of, any Person formed in connection with such project, (b) all assets and properties (personal or real) used primarily in the business of such project, (c) any Contract or agreement with any Person entered into primarily in connection with such project, including any (i) development, concession, license, lease or other contract granting rights to develop, build or operate such project or any agreement with any governmental or self-regulatory authority concerning tax, regulatory or other matters, (ii) any power purchase or marketing agreements, and (iii) any bid, tender or other agreements in respect of potential investment opportunities, in each case primarily related to such project, and (d) any intellectual property developed specifically in connection with and for such project, including any data, plans, designs, formulae, know-how, inventions, improvements, procedures, techniques or practices, together with any patents, trademarks, copyrights or other intellectual property rights secured in respect thereof.