Project Level Indebtedness means any indebtedness of a project company (i.e. a special purpose vehicle that undertakes to develop and finance a project related to a Contracted Asset) under a scheme of non-recourse to Abengoa.
Project Level Indebtedness means Funded Debt or other debt or equity financing (including, without limitation, any tax-equity financing) of the Project Companies listed on Schedule 6.14(a) or otherwise incurred by any Project Company after the Agreement Effective Date, including any extension, renewal, replacement or refinancing thereof from time to time.
Project Level Indebtedness has the meaning specified in the Credit Agreement.
Examples of Project Level Indebtedness in a sentence
To the best knowledge of the Borrowers after due inquiry, the Project Level Indebtedness set forth on Schedule 7.24 is all of the material Project Level Indebtedness outstanding on the last day of the most recently ended Fiscal Quarter.
To the best knowledge of the Borrower after due inquiry, the Project Level Indebtedness Documents set forth on Schedule 7.24 are all of the material Project Level Indebtedness Documents in existence on the Closing Date.
To the best knowledge of the Borrower after due inquiry, the Project Level Indebtedness Documents set forth on Schedule 7.24 are all of the material Project Level Indebtedness Documents in existence on the Amendment Closing Date.
The Administrative Agent shall have received true and correct copies, certified as to authenticity by the Borrower, of the Project Level Indebtedness Documents set forth on Schedule 7.24 hereto and such other documents or instruments in each case as may be reasonably requested by the Administrative Agent.
More Definitions of Project Level Indebtedness
Project Level Indebtedness means (a) Existing Project-Level Indebtedness, (b) any additional Indebtedness (including, for purposes of this definition solely when used in clauses (b) and (c) of the definition of Project Companies, trade accounts payable created in the ordinary course of business and not past due for more than 180 days after the date on which such trade account was created) of any Project Companies incurred after the Closing Date and (c) any of the foregoing that is extended, renewed, replaced or refinanced from time to time.
Project Level Indebtedness means (a) Existing Project-Level Indebtedness, (b) any additional Indebtedness (including, for purposes of this definition solely when used in the definition of “Permitted Project Company Indebtedness,” trade accounts payable created in the ordinary course of business and not past due for more than 180 days after the date on which such trade account was created, and including any Indebtedness incurred by any Project Company that is the direct parent of another Project Company to finance its equity ownership interest in such Project Company) of any Project Companies incurred after April 30, 2018 and (c) any of the foregoing that is extended, renewed, replaced or refinanced from time to time.
Project Level Indebtedness with respect to any Person means (a) Indebtedness of such Person for which the legal recourse for collection of principal and interest on such Indebtedness is (A) against such Person and against the specific property or properties (and improvements constructed thereon) identified in the instruments evidencing or securing such Indebtedness, (B) so long as such Person does not (y) own or acquire any assets other than the property or properties being acquired, constructed, installed or improved with the proceeds of such Indebtedness, any buildings or other improvements then or thereafter erected on such property or properties and any other property or assets (including any Intangible Assets) incidental or related thereto and any proceeds therefrom or (z) incur any liabilities other than such Indebtedness and any other liabilities incidental thereto or related to the ownership, operation and development of such property or properties in the ordinary course of business, against any other assets of such Person, and (C) the enforcement of any applicable guaranties in respect of such Indebtedness and (b) any amendment, modification, extension or refinancing of any Indebtedness described in clause (a) above, provided that such Indebtedness (as amended, modified, extended or refinanced) satisfies the requirements set forth in clause (a) above; provided, however that individual financings of assets provided by one lender may be cross-collateralized to other financings of assets provided by such lender.
Project Level Indebtedness means Indebtedness of the Project Entities existing on the Closing Date and set forth on Schedule 6.01(i). 224 “Project Liquidity Shortfall” shall have the meaning assigned to such term in Section 2.19(e)(iii).
Project Level Indebtedness means (a) Existing Project-Level Indebtedness, (b) any additional Indebtedness (including, for purposes of this definition solely when used in clauses (b) and (c) of the definition of “Permitted Project Companies,Company Indebtedness,” trade accounts payable created in the ordinary course of business and not past due for more than 180 days after the date on which such trade account was created), and including any Indebtedness incurred by any Project Company that is the direct parent of another Project Company to finance its equity ownership interest in such Project Company) of any Project Companies incurred after the Closing Date and (c) any of the foregoing that is extended, renewed, replaced or refinanced from time to time.
Project Level Indebtedness means (i) Existing Project Level Indebtedness and (ii) Financial Indebtedness of a Subsidiary of BILP (other than a Restricted Subsidiary), Project Holding Company or Project Company.
Project Level Indebtedness has the meaning specified in the Credit Agreement. “Required Securities Disclosure” has the meaning set forth in Section 4.1.