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

  • 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.

  • Administrative Agent shall have received evidence reasonably satisfactory to the Majority Banks that the Subject Project Company and the Subject Intermediate Holding Companies have appointed Corporate Service Company as their agent for service of process in the State of New York in respect of each Credit Document to which the Subject Project Company or the Subject Intermediate Holding Companies is or are a party which is governed by the laws of the State of New York.

  • 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.

  • 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.

  • The Subject Project shall be an Eligible Facility and the Subject Project Company shall have received a determination from FERC that it is an Exempt Wholesale Generator.

  • Notwithstanding the foregoing, PSP shall only be responsible for any indemnification obligations, escrow amounts and holdback amounts in connection with the Drag Along Sale (including with respect to any representations and warranties made by PEGI (other than the fundamental representations and warranties referred to above)) on a several and proportionate (and not joint and several basis) in accordance with its ownership interests in the Subject Project Company relative to the Pattern Seller.

  • 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.

  • As far as it is legally permissible, the Subject Project Company should periodically distribute all net cash flows to its owners on a pro-rata basis to their ownership, subject to retaining sufficient cash reserves to meet the Subject Project Company’s reasonably foreseeable needs in relation to: existing or reasonably foreseeable obligations; solvency; and the current annual budget (including all agreed retention, capital expenditures and reserves).

  • Other than as set forth in the Information Memorandum or Exhibit G-5B or as previously disclosed to and waived by the Majority Banks in writing on a permanent basis, no action, suit, proceeding or investigation shall have been instituted or threatened which would reasonably be expected to have a Borrower Material Adverse Effect or a Project Material Adverse Effect with respect to the Subject Project Company or Subject Project.

  • 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.

Related to Subject Project Company

  • Project Company means Company incorporated by the bidder as per Indian Laws in accordance with Clause no 3.5.

  • Project Companies means all Group Project Companies and Non-Group Project Companies together, each being a “Project Company”.

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

  • Solar PV Project means the solar Photo Voltaic Power project that uses sunlight for direct conversion into electricity through Photo Voltaic technology.

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

  • 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.

  • Project Area means land or lands located within the incentive

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

  • Subject Company shall have the meaning set forth in Section 6.10(a).

  • 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.

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

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

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

  • Project Assets means all physical and other assets relating to (a) tangible assets such as civil works and equipment including foundations, embankments, pavements, road surface, interchanges, bridges, culverts, road over-bridges, drainage works, traffic signals, sign boards, kilometre-stones, [toll plaza(s)], electrical systems, communication systems, rest areas, relief centres, maintenance depots and administrative offices; and (b) Project Facilities situated on the Site;

  • RFP Project Documents means the following documents to be entered into in respect of the Project, by the parties to the respective agreements:

  • 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.)

  • Project Owner means the legal entity that ultimately owns the Project and to which Tax Credits will be allocated.

  • 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.

  • 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.

  • Redevelopment project means a specific construction project

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

  • Project Financing means: (a) one or more loans, leases, equity and/or debt financings, together with all modifications, renewals, supplements, substitutions and replacements thereof, the proceeds of which are used to finance or refinance the costs of the Customer Facility, any alteration, expansion or improvement to the Customer Facility, the purchase and sale of the Customer Facility or the operation of the Customer Facility; (b) a power purchase agreement pursuant to which Interconnection Customer’s obligations are secured by a mortgage or other lien on the Customer Facility; or (c) loans and/or debt issues secured by the Customer Facility.

  • Project Completion Date means the date on which the Completion Certificate is issued;

  • Project Improvements means site improvements and facilities that are:

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