Special Purpose Vehicle means any special purpose funding vehicle identified as such in writing by any Lender to the Administrative Agent.
Special Purpose Vehicle means a legal entity owning, operating and maintaining a generating station and with no other business or activity to be engaged in by the legal entity.”
Special Purpose Vehicle means a Person which is, or was, established: (i) with separate legal identity and limited liability; and (ii) for the sole purpose of a single transaction, or series of related transactions, and which has no assets and liabilities other than those directly acquired or incurred in connection with such transaction(s).
Examples of Special Purpose Vehicle in a sentence
Special Purpose Vehicle A separate legal entity jointly controlled by a Group of Economic Operators to provide Services.
More Definitions of Special Purpose Vehicle
Special Purpose Vehicle or “SPV”) in accordance with the terms of RFP and has requested the Authority to accept the SPV as the Developer/ the entity which shall undertake and perform the obligations and exercise the rights of the Successful Bidder under the LOA, including the obligation to enter into this Agreement pursuant to the LOA for implementing the Project.
Special Purpose Vehicle means an ES Special Purpose Vehicle or an RS Special Purpose Vehicle.
Special Purpose Vehicle means a trust, partnership or other entity established by any member of the Consolidated Group to implement a Qualified Securitization Transaction.
Special Purpose Vehicle means a company whose only business is to acquire the originator’s immovable properties in Singapore, lease them back to the originator and transfer such properties to the originator upon the maturity of the Islamic debt securities.
Special Purpose Vehicle means any undertaking, whether incor porated or not, other than an existing insurance or reinsurance undertaking, which assumes risks from insurance or reinsurance undertakings and which fully funds its exposure to such risks through the proceeds of a debt issuance or any other financing mechanism where the repayment rights of the providers of such debt or financing mechanism are subordinated to the reinsurance obligations of such an undertaking;
Special Purpose Vehicle any special purpose funding vehicle identified as such in writing by any Lender to the Administrative Agent.
Special Purpose Vehicle means and refer to any body corporate incorporated or registered as per applicable provisions of laws, named by the Successful Bidder for the purpose of acquisition of the Corporate Debtor, where the Successful Bidder has the control over the affairs of the Special Purpose Vehicle through ownership by way of majority of the voting rights and management (including but not limited to the composition of the board of directors/ partners as the case may be)