Project Level Entity definition

Project Level Entity means a group of all Water User Entities, from a common supply source within a water resources project;
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Project Level Entity means a direct or indirect wholly owned subsidiary of the Company that owns one or more Projects.
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Project Level Entity means the entities listed on Exhibit D to the Plan; provided, however, that an entity listed on Exhibit D shall cease to be a Project Level Entity when the FFR Trust no longer holds any direct or indirect ownership or economic in such entity, at which time such entity will no longer be subject to the Asset Management Agreement.
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Examples of Project Level Entity in a sentence

  • If the Company structures such ownership using a Project Level Entity, each Member shall make Capital Contributions directly to the Company which will in turn make Capital Contributions to the Project Level Entity to the same extent, for the same purposes and on the same terms and conditions as Members are required to make Capital Contributions to the Company.

  • If the Members determine that for legal, tax or regulatory reasons it is in the best interests of the Company that the Company hold a New Project through an alternative investment structure, the Company shall structure such acquisition through a Project Level Entity that is directly or indirectly owned one hundred percent (100%) by the Company and that will hold such Project in lieu of the Company.

  • The change of any accounting method adopted by the Company or a Project Level Entity shall require the Consent of Members unless such change is required by generally accepted accounting principles in the United States.

  • Within ten (10) days after the end of each Fiscal Quarter, the Manager shall deliver to MOF a schedule of each contract or agreement executed by the Manager in its capacity as manager of the Company in accordance with Section 6.2 or as otherwise permitted, and each lease that is executed by the Company or any Project Level Entity.

  • Notwithstanding anything to the contrary set forth in this Article X, (x) the aggregate purchase prices for all Projects sold pursuant to this Article X may not exceed One Hundred Fifty Million Dollars ($150,000,000.00) during any twelve (12) month period and (y) a New Project may not be sold pursuant to this Article X until after the date that is two (2) years following the acquisition thereof by a Project Level Entity.

  • If the Manager structures such acquisition using a Project Level Entity, each Member shall make Capital Contributions directly to the Company which will in turn make Capital Contributions to the Project Level Entity to the same extent, for the same purposes and on the same terms and conditions as Members are required to make Capital Contributions to the Company.

  • Notwithstanding the provisions of Section 7.5(h) above, if a Project selected by a Member is encumbered by Financing that does not permit the distribution of the Project (or interests in the applicable Project Level Entity) to such Member without the lender’s consent (any such Project, a “Consent Project”), then any such Consent Project(s) and the liquidation and distribution in kind process for them shall be subject to this Section 7.5(j).

  • The Xxxxxxx Money shall be applied against the purchase price at the closing referenced below, or shall be paid to the Company or applicable Project Level Entity (if Projects (or the Project Level Entities) were to be purchased) or the other Non-Managing Member (if Membership Interests were to be purchased) as liquidated damages in the event of default by the Purchase Option Purchaser.

  • If all the Members determine that for legal, tax or regulatory reasons it is in the best interests of the Company that the Company acquire a Project through an alternative investment structure, U.S. Manager shall structure such acquisition through a Project Level Entity that is directly or indirectly owned 100% by the Company and that will acquire such Project in lieu of the Company.

  • Further notwithstanding the foregoing, the Borrower shall be permitted to cause its Subsidiaries to make payments required to be made to a Minority Owner of a Subsidiary or Project Level Entity under such Subsidiary or Project Level Entity’s Organizational Documents or Contractual Obligations at any time, regardless of the existence of any Default or Event of Default hereunder.


More Definitions of Project Level Entity

Project Level Entity means either (i) a wholly-owned Subsidiary of the Borrower or (ii) an entity formed to own a real estate project on account of a joint venture between the Borrower or a wholly-owned Subsidiary of the Borrower and a Minority Owner, which entity is controlled directly or indirectly by the Borrower or a wholly-owned Subsidiary of the Borrower.
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Related to Project Level Entity

  • Ground Level means the level of the referred point of exposed surface of the ground as indicated in the drawing.

  • First Level Support means a) delivery of standard answers to commonly recurring questions and b) assisting with application-related issues arising during day-to-day use of the system and c) first point of contact for technical questions concerning a purchased deliverable.

  • Peer Companies means the companies included in the Xxxxxxx 2000 on December 31, 2023. In the event of a merger, acquisition or business combination transaction of a Peer Company with or by another Peer Company, the surviving entity shall remain a Peer Company. In the event of a merger of a Peer Company with an entity that is not a Peer Company, or the acquisition or business combination transaction by or with a Peer Company, or with an entity that is not a Peer Company, in each case, where the Peer Company is the surviving entity and remains publicly traded, the surviving entity shall remain a Peer Company. In the event of a merger or acquisition or business combination transaction of a Peer Company by or with an entity that is not a Peer Company, a “going private” transaction involving a Peer Company or the liquidation of a Peer Company, where the Peer Company is not the surviving entity or is otherwise no longer publicly traded, the company shall no longer be a Peer Company. In the event of a bankruptcy of a Peer Company, such company shall remain a Peer Company.