Subject Project Company definition

Subject Project Company means with respect to any Subject Project Interest, the Entity the ownership of which is represented by such Subject Project Interest;
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Subject Project Company has the meaning set forth in Section 2.11(b).
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Examples of Subject Project Company in a sentence

  • This Agreement may be executed in any number of counterparts, each of which shall be deemed an original for all purposes, and all of which, when taken together shall constitute a single counterpart instrument.

  • The Subject Project Company shall provide for ordinary distributions to equity of all cash flows available for distribution unless PEGI and PSP both agree to structure distributions for such project company in a more tax-efficient method.

  • Following receipt of the Drag Along Notice, PSP shall be obligated to sell to the purchaser all of PSP’s direct and indirect ownership interest in the applicable Subject Project Company at the same purchase price per security, and otherwise on the same terms therefor and subject to the same conditions thereto, as the Pattern Seller.

  • The terms of the Leases, Mineral Rights or other Interests do NOT contain any remaining commitments or obligations of Seller to drill any ▇▇▇▇▇.

  • 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.

  • Each of the conditions set forth in Section 3.12 shall have been 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.

  • No JV Participant shall be obligated to recommend or take any action in its, his or her capacity as a director or officer of a Subject Project Company that prefers the interests of the Subject Project Company or the other JV Participant over the interests of such JV Participant.

  • Each of PEGI and PSP agrees that it shall cause any of its Affiliates that indirectly owns a Subject Project Interest to comply with any restrictions on transfers set out in the Joint Acquisition Governance Agreements for the applicable Subject Project Company.

  • PEGI shall have the right to provide management operations and maintenance services and project administration services to each Subject Project Company on customary arm’s-length terms pursuant to the Project Administration Agreement and Management, Operation and Maintenance Services Agreement in effect at the time of PSP’s investment in the Subject Project Company Subject to the PSP consent rights, PEGI will have full discretion to manage each Subject Project Company.

  • PSP and PEGI shall be entitled to transfer all or part of their ownership interests in a Subject Project Company to one or more of their Controlled Affiliates; provided that any such transferee shall agree to be bound by the same restrictions applicable to PSP or PEGI, as applicable.