Subject Project definition

Subject Project means any asset or series of related assets that make up a project in which one or more GSRP Restricted Parties, on the one hand, and one or more Restricted Third Parties, on the other hand, hold an interest, directly or indirectly, (including through joint equity ownership, profits interests or revenue shares); provided that the project was specifically known or described to the applicable Restricted Third Parties at the time they committed to invest in the project. Notwithstanding the foregoing, nothing in this Section 6.03(b) shall prohibit the GSRP Restricted Parties from acquiring, through a merger, equity purchase, asset purchase, business combination or similar transaction, a Person that will be engaged in Investment Management Activities if revenues from such Investment Management Activities constituted less than 20% of such acquired Person’s revenues for its most recently completed fiscal year and such Investment Management Activities business is sold, transferred or disposed of to a third party within 9 months of when a GSRP Restricted Party consummated the acquisition of such business. During the Non-Compete Period, the GSRP Parties agree that, as a condition of current and future employment by the GSRP Restricted Parties or its Affiliates, the persons listed in Section 6.03(b) of the GSRP Disclosure Letter shall agree in writing with the applicable GSRP Entity to comply with the terms of this clause (b) as if they were GSRP Restricted Parties and not to serve as an officer, director, employee or consultant of any Person engaged in Investment Management Activities (collectively, “Senior Employee Restrictions”) while such individuals are employed by a GSRP Restricted Party or any of its Affiliates. During the Non-Compete Period, the GSRP Parties also agree that the standard employee policies applicable to all of the employees of the GSRP Restricted Parties will prohibit such employees from engaging in any Senior Employee Restrictions. The GSRP Restricted Parties shall not permit any waivers to the restrictions in the agreements and policies referred to in the two immediately preceding sentences without the prior written consent of GSAM, and shall use reasonable best efforts to remedy any breach by any of the persons listed in Section 6.03(b) of the GSRP Disclosure Letter of which the GSRP Parties become aware. The GSRP Restricted Parties shall not be liable for any breach of the agreements or policies referred to in the first two sentences of thi...
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Subject Project has the meaning set forth in Section 2.1(a) .
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Subject Project means the construction and commissioning of the 225 MMcf/x Xxxxxxxx Trail Cryogenic Gas Plant located in Grant County, Oklahoma as further described in that certain engineering and construction agreement dated June 13, 2017 between the Borrower and BCCK Engineering Incorporated filed as an exhibit to Linn Energy, Inc.’s quarterly report on Form 10-Q for the quarterly period ended June 30, 2017 filed with the SEC on August 3, 2017.
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Examples of Subject Project in a sentence

  • Each of the conditions set forth in Section 3.12 shall be satisfied with respect to Borrower, each Equity Party, each Subject Intermediate Holding Company, the Subject Project Company and the Subject Project as of the Credit Event Date.

  • In addition, Shanghai Zhilian has also provided two residential units and the corresponding parking lots from the Subject Project (which are free from encumbrances and tenancy) to the court as security for the undertaking.

  • If the Subject Project is the fourth Project to become an Approved Project hereunder (other than in connection with the substitution of a Substitute Project for an Approved Project in accordance with Section 3.11), the aggregate amount of (a) Incremental Commitments plus (b) at the election of Borrower in its sole discretion, Permitted Additional Equity, as of March 31, 2002 and as of the Credit Event Date, shall be at least $625,000,000.

  • The Board, in an effort to simplify our Rule, incorporated the codes and weights underlying the federal CMS inpatient facility, outpatient facility and professional services payment systems.The Board’s rule contains the final element of the equation to determine the maximum reimbursement for a service, i.e. the applicable conversion factor.

  • Each of the conditions set forth in Section 3.12 shall be satisfied with respect to Borrower, each Equity Party, the Subject Project Company, each Subject Intermediate Holding Company and the Subject Project as of the Credit Event Date.

  • If PSP does not acquire the PSP Co-Invest Percentage in the applicable Subject Project Interest by the Outside Closing Date, PSP shall, if requested by PEGI in writing, assign all of its rights under the applicable Joint Acquisition PSA to PEGI and PEGI may fund PSP’s pro rata share of the Purchase Price and acquire 100% of the applicable Subject Project Interest.

  • Once Renewable identifies a Subject Project and starts pursuing the development of such Subject Project (or commences the development of a Subject Project identified by Global), Renewable shall track all of the third party costs and all of Renewable’s out-of-pocket expenses (the “Project Development Costs”) incurred in connection with pursuing, evaluating and developing the Subject Project until the development of the Subject Project is completed.

  • Each Party hereby acknowledges that the anticipated development budget and funding schedule and the anticipated equity investment and funding schedule will only be estimates and that the actual development costs and funding schedule and the actual equity investment and funding schedule shall be what is required for the Subject Project.

  • The Subject Project is (a) an Initial Project or (b) a Substitute Project that has been substituted for an Initial Project in accordance with Section 3.11.

  • FERC shall not have imposed any rate caps or mitigation measures on the Subject Project Company other than rate caps and mitigation measures generally applicable to similarly situated generators selling Power, Ancillary Services or some combination of the foregoing in the Applicable Markets.


More Definitions of Subject Project

Subject Project means the construction and commissioning of the 225 MMcf/d Chisholm Trail Cryogenic Gas Plant located in Grant County, Oklahoma as further described in that certain engineering and construction agreement dated June 13, 2017 between the Borrower and BCCK Engineering Incorporated filed as an exhibit to Linn Energy, Inc.’s quarterly report on Form 10-Q for the quarterly period ended June 30, 2017 filed with the SEC on August 3, 2017.
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Related to Subject Project

  • Project Property means the real property on or for which preconstruction service or construction work is or will be provided.

  • Project means the goods or Services described in the Signature Document or a Work Order of this Contract.

  • Project Area means land or lands located within the incentive

  • Redevelopment Project Area means an area designated by the municipality, which is not less in the aggregate than 1 1/2 acres and in respect to which the municipality has made a finding that there exist conditions which cause the area to be classified as an industrial park conservation area or a blighted area or a conservation area, or a combination of both blighted areas and conservation areas.

  • Subject Properties has the meaning specified in Section 5.13(a).

  • Subject Property means any premises located in the County on which an energy efficiency improvements, water efficiency improvements, or renewable resource applications are being or have been made and financed through an outstanding PACE loan.

  • Project Land means any parcel or parcels of land on which the project is developed and constructed by a promoter;

  • The Project Site, where applicable, means the place or places named in the SCC.

  • Pilot project means an innovative environmental project that covers one or more designated facilities, designed and implemented in the form of an EMSA. (See Section 52.3 of the Act.)

  • Expansion Project has the meaning set forth in Section IV.3.a of this Agreement.

  • Project Work means the work required to complete the Project.

  • New Project means (a) each facility which is either a new facility, branch or office or an expansion, relocation, remodeling or substantial modernization of an existing facility, branch or office owned by the Borrower or its Subsidiaries which in fact commences operations and (b) each creation (in one or a series of related transactions) of a business unit to the extent such business unit commences operations or each expansion (in one or a series of related transactions) of business into a new market.

  • Construction project means the same as that term is defined in Section 38-1a-102.

  • Redevelopment project means a specific construction project

  • Project Improvements means site improvements and facilities that are:

  • Development Project means a project for the development of land within a project area.

  • Project area budget means a multiyear projection of annual or cumulative

  • The Project means supply, installation, testing and commissioning, integration of computer hardware and services with support under Warranty and annual maintenance contract, if required for the contract period.

  • Condominium Project Real estate including the separate ownership in fee, or on a satisfactory leasehold estate, of a particular residential unit with an indivisible interest in the real estate designated for common ownership strictly by unit owners.

  • Project Completion means the date, as determined by the Division after consultation with the Recipient, that operation of the Project is initiated or is capable of being initiated, whichever comes first.

  • Project site, where applicable, means the place indicated in bidding documents.

  • Approved Project means the Scheme application of the Applicant approved by the CIC.

  • Ongoing Project means a multi-year project undertaken by a Company in fulfilment of its CSR obligation having timelines not exceeding three years excluding the financial year in which it was commenced, and shall include such project that was initially not approved as a multi-year project but whose duration has been extended beyond one year by the board based on reasonable justification;

  • Project area plan means a written plan that, after its effective date, guides and controls the development within a project area.

  • The Project Plan means the document to be developed by the Supplier and approved by the Purchaser, pursuant to GCC Clause 19, based on the requirements of the Contract and the Preliminary Project Plan included in the Supplier’s bid. The “Agreed and Finalized Project Plan” is the version of the Project Plan approved by the Purchaser, in accordance with GCC Clause 19.2. Should the Project Plan conflict with the Contract in any way, the relevant provisions of the Contract, including any amendments, shall prevail.

  • Sub-project means a specific development project to be carried out by a Beneficiary utilizing the proceeds of a Sub-loan;