Sponsor Line Agreement definition

Sponsor Line Agreement means the Sponsor Line Agreement, dated as of the date of this Agreement between an Affiliate of Brookfield and TERP;
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Sponsor Line Agreement means the senior secured credit line agreement entered into by TERP Inc., Brookfield and Brookfield Finance Luxembourg S.À X.X., dated as of October 16, 2017.
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Sponsor Line Agreement means the senior secured credit line agreement among [●], [●] and [●], dated as of [●];
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Examples of Sponsor Line Agreement in a sentence

  • Sponsor Line Agreement On October 16, 2017, TerraForm Power entered into a credit agreement (the “Sponsor Line”) with Brookfield and one of its affiliates.

  • The Sponsor Line Agreement may only be used to fund all or a portion of certain funded acquisitions or growth capital expenditures.

  • Whatever the position, non-tenure track faculty should be integrated into the department where possible, and should always be treated with professional regard and consideration.

  • The Sponsor Line Agreement establishes a $500.0 million secured revolving credit facility and provides for the lenders to commit to make LIBOR loans to us during a period not to exceed three years from the effective date of the Sponsor Line Agreement (subject to acceleration for certain specified events).

  • Sponsor Line Agreement On October 16, 2017, TerraForm Power entered into a credit agreement (the “Sponsor Line Agreement”) with Brookfield and one of its affiliates.

  • As of December 31, 2017, there were no amounts drawn under the Sponsor Line Agreement.

  • For the year ended December 31, 2017, the results of the Company include the operating results of Terra LLC, as well as $11.3 million of stock-based compensation expense and $0.9 million of interest expense for the Sponsor Line Agreement (as discussed and defined in Liquidity and Capital Resources below) that was entered into in the fourth quarter of 2017, which are reflected in the operating results of TerraForm Power.

  • Assuming all of the common shares of Saeta Yield are tendered, we plan to fund the purchase price of the tendered shares using a combination of an equity issuance of our common stock and existing corporate liquidity, including borrowings under the Sponsor Line Agreement and the New Revolver (as defined and discussed in Liquidity and Capital Resources within Item 7.

  • The Sponsor Line Agreement will terminate, and all obligations thereunder will become payable, no later than October 16, 2022.


More Definitions of Sponsor Line Agreement

Sponsor Line Agreement means the senior secured credit line agreement entered into by TERP Inc., Brookfield and Brookfield Finance Luxembourg S.À R.L., dated as of October 16, 2017.
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Sponsor Line Agreement means the Sponsor Line Agreement, dated as of the date of this Agreement between an Affiliate of Brookfield and TERP; 1.1.69 “Sponsorship Agreements” means this Agreement and the Other Sponsorship Agreements; 5 1.1.70 “Subsidiary” means, with respect to any Person, (i) any other Person that is directly or indirectly Controlled by such Person, (ii) any trust in which such Person holds all of the beneficial interests or (iii) any partnership, limited liability company or similar entity in which such Person holds all of the interests other than the interests of any general partner, managing member or similar Person; 1.1.71 “TERP” has the meaning assigned thereto in the preamble; 1.1.72 “TERP Group” means TERP and any direct or indirect Subsidiary of TERP, TERP LLC and TERP Operating; 1.1.73 “TERP Indemnified Party” has the meaning assigned thereto in Section 10.1.2; 1.1.74 “TERP LLC” has the meaning assigned thereto in the preamble; 1.1.75 “TERP Operating” has the meaning assigned thereto in the preamble; 1.1.76 “TERP Share” means each share of the Class A common stock, par value $0.01 per share, of TERP; 1.1.77 “Third Party” means any Person other than a party or an Affiliate of a party (provided that the TERP Group and the Brookfield Group shall be considered Third Parties with respect to each other for purposes of this Agreement); 1.1.78 “Third Party Claim” has the meaning assigned thereto in Section 10.1.3; 1.1.79 “Trading Price” means, in any Quarter, the volume-weighted average trading price of a TERP Share for the trading days in such Quarter on a stock exchange or public quotation system; 1.1.80 “Transaction Fees” means fees paid or payable by the Service Recipients, which are on market terms, with respect to financial advisory services provided by Third Party investment advisors in respect of transactions on which such Third Party investment advisor is mandated by a member of the TERP Group; and 1.1.81 “UK Service Provider” has the meaning assigned thereto in the preamble.
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Related to Sponsor Line Agreement

  • Sponsor Agreement has the meaning specified in the Recitals hereto.

  • Sponsor Letter Agreement has the meaning set forth in the recitals to this Agreement.

  • Sponsor Support Agreement has the meaning set forth in the recitals to this Agreement.

  • Sponsor Management Agreement means the Management Agreement between certain of the management companies associated with the Sponsors and the Borrower.

  • Formation Agreement has the meaning attributed to it in Recital A;

  • Finance agreement means a loan, lease, or installment sale agreement for a motor vehicle. The term includes, but is not limited to, an installment sale contract, a retail installment contract, or a retail charge agreement.

  • Arrangement Agreement has the meaning ascribed thereto in the recitals hereof;

  • Side Agreement means the Side Agreement for Transfer Agency Services between the Customer and Transfer Agent dated as of January 1, 2015.

  • Support Agreement has the meaning set forth in the Recitals.

  • Allocation Agreement or “Agreement” shall mean this NMTC Program Allocation Agreement between the Fund and the Allocatee and Subsidiary Allocatee, as the case may be, including the Organization Specific Terms and Conditions (Schedule 1) and the General Allocation Terms and Conditions (Schedule 2) and any attachments hereto, as such Agreement may, from time to time, be amended in accordance with its terms.

  • Program Support Agreement means and includes any Liquidity Agreement and any other agreement entered into by any Program Support Provider providing for: (a) the issuance of one or more letters of credit for the account of any Conduit Purchaser, (b) the issuance of one or more surety bonds for which the such Conduit Purchaser is obligated to reimburse the applicable Program Support Provider for any drawings thereunder, (c) the sale by such Conduit Purchaser to any Program Support Provider of the Purchased Interest (or portions thereof) maintained by such Conduit Purchaser and/or (d) the making of loans and/or other extensions of credit to any Conduit Purchaser in connection with such Conduit Purchaser’s securitization program contemplated in this Agreement, together with any letter of credit, surety bond or other instrument issued thereunder.

  • Joint Agreement means a type of Fund Use Agreement between the Consortium and the Fund Council that sets forth an umbrella set of terms and conditions that govern principally the submission and approval of CRP proposals and the transfer and use of funds from the CGIAR Fund for implementation of CRPs.

  • Co-Lender Agreement With respect to any Loan Combination, the co-lender agreement, intercreditor agreement, agreement among noteholders or similar agreement, dated as of the date set forth in the Loan Combination Table under the column heading “Date of Co-Lender Agreement” and governing the relative rights of the holders of the related Mortgage Loan and Companion Loan(s), as the same may be amended, restated or otherwise modified from time to time in accordance with the terms thereof. A Co-Lender Agreement exists with respect to each Loan Combination as of the Closing Date.

  • Connection Agreement means an agreement entered into between a distributor and a person connected to its distribution system that delineates the conditions of the connection and delivery of electricity to or from that connection;

  • Reimbursement Agreement as defined in Section 2.8(b).

  • Commitment Agreement means the written agreement that may be required at EDTI’s sole discretion between a Customer and EDTI whereby the Customer both authorizes the design and construction of new or expanded Facilities and agrees to pay all cancellation costs if the project is cancelled or if the Customer fails to sign an Electric Service Agreement prior to the energization of the new or expanded Facilities;

  • Novation Agreement means a legal instrument—

  • Secondment Agreement is defined in Section 2.2.

  • Sharing Agreement means a local marketing, joint sales, shared services or similar Contract.

  • SPS Agreement means the Agreement on the Application of Sanitary and Phytosanitary Measures which is a part of the WTO Agreement; Subheading means the first six digits in the tariff classification number under the HS; Territory means:

  • Contribution Agreement means that certain Contribution and Conveyance Agreement, dated as of the Closing Date, among the General Partner, the Partnership, the Operating Partnership and certain other parties, together with the additional conveyance documents and instruments contemplated or referenced thereunder, as such may be amended, supplemented or restated from time to time.

  • Existing Facility Agreement has the meaning specified therefor in the recitals hereto.

  • Master Transaction Agreement has the meaning set forth in the recitals.

  • Master Services Agreement means that master services agreement among the Limited Partnership, the Company, Teekay Corporation and Brookfield XX XXXX L.P. dated as of the date hereof.

  • Fee Agreement means this Fee in Lieu of Tax Agreement.

  • Replacement Agreement shall have the meaning set forth in Paragraph 2(b) hereof.