Underlying Project definition

Underlying Project means with respect to an Underlying Financing, the energy efficiency, clean energy or other sustainable infrastructure project financed by the Applicable Borrower Subsidiary under such Underlying Financing.
Underlying Project means with respect to an Underlying Financing, the energy generating project which was constructed or acquired, in part, with advances or other funding provided under such Underlying Financing acquired by Applicable Borrower Subsidiary.
Underlying Project means each project specified on Schedule 1.1(d) hereto, and shall include the applicable Project Company and its operations, activities, resources and actions.

Examples of Underlying Project in a sentence

  • As soon as practicable and in any event within two (2) Business Days after Borrower’s knowledge thereof, Borrower shall provide the Administrative Agent and the other Lenders notice of (a) the occurrence of any Event of Default or Unmatured Event of Default and/or, after receiving notice thereof, any default or event of default under any Underlying Project Loan, or (b) the occurrence of any Borrower Material Adverse Effect.

  • Borrower shall instruct each Project Borrower to clearly identify the Underlying Project Loan as to which each payment is being made.

  • Project Development Objective: Improve Economic Opportunities for Jordanians and Syrian refugees in JordanRating for progress towards achievement of objective:SatisfactoryRating for overall implementation progress:Moderately SatisfactoryBrief Summary of Underlying Project Implementation Status:The PforR is a US$400 million project, whose development objective is to improve economic opportunities for Jordanians and Syrian refugees in Jordan.

  • To the Knowledge of the Company, except as would not, individually or in the aggregate, be expected to have a Material Adverse Effect, none of the Underlying Projects is in default under any Underlying Project Real Property Lease, and, to the Knowledge of the Company, no event has occurred and no circumstance exists which, if not remedied, and whether with or without notice or the passage of time or both, would result in such a default.

  • SatisfactoryRating for overall implementation progress:SatisfactoryBrief Summary of Underlying Project Implementation Status:The overall implementation status is very positive.

  • The ABS Scheme is proposed to be set up to issue asset-backed securities backed by the Underlying Project.

  • For purposes of this Section 3.9, any Underlying Project that is also a Subsidiary shall be treated as a Subsidiary.

  • The term “Underlying Project” means, with respect to any Mortgaged Property, any construction or renovations at such Mortgaged Property, by or on behalf of the related Account Debtor, in each case (x) according to the Underlying Project Documents, and (y) as approved by Borrower pursuant to the Underwriting Guidelines.

  • To the Knowledge of the Company, the Underlying Projects do not have any Indebtedness or Liabilities other than those incurred in the Ordinary Course of Business of such applicable Underlying Project, those paid that have been discharged or paid in full prior to the date hereof, those that would not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect or those set forth on Schedule 3.8.

  • Except as would not, individually or in the aggregate, be expected to have a Material Adverse Effect, to the Knowledge of the Company, each of the Underlying Projects, as applicable, has a valid, binding and enforceable leasehold interest under each of the Underlying Project Real Property Leases under which it is a lessee, free and clear of all Liens other than Permitted Exceptions.


More Definitions of Underlying Project

Underlying Project means, with respect to any Mortgaged Property, any construction or renovations at such Mortgaged Property, by or on behalf of the related Account Debtor, in each case (x) according to the Underlying Project Documents, and (y) as approved by Borrower pursuant to the Underwriting Guidelines.

Related to Underlying Project

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

  • Existing Project is a Project that has achieved Commercial Operation on or prior to the Execution Date.

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

  • 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.

  • Operating Property means any property owned, leased, or operated by the Party in question or by any of its Subsidiaries or in which such Party or Subsidiary holds a security interest or other interest (including an interest in a fiduciary capacity), and, where required by the context, includes the owner or operator of such property, but only with respect to such property.

  • Plant Site (Works, Factory) means the local integration of one or more plants, with any intermediate administrative levels, which are under one operational control, and includes common infrastructure, such as:

  • Building Project means the aggregate combined parcel of land on a portion of which are the improvements of which the Premises form a part, with all the improvements thereon, said improvements being a part of the block and lot for tax purposes which are applicable to the aforesaid land.

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

  • Underlying Mortgaged Property With respect to each Co-op Loan, the underlying real property owned by the related residential cooperative housing corporation.

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

  • Mixed-use project means a project comprising both a qualified

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

  • Mortgaged Property shall have the meaning assigned to such term in the recitals.

  • Mortgaged Premises means any real property which shall now or hereafter be subject to a Notes Mortgage.

  • Condominium Property means the lands, leaseholds, and personal property that are subjected to condominium ownership, whether or not contiguous, and all improvements thereon and all easements and rights appurtenant thereto intended for use in connection with the condominium.

  • 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.)

  • Program area means a general group of disciplines in which one or more degree programs,

  • The Works/Project means the works to be executed or done under this contract.

  • 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.

  • Housing project means a project, or distinct portion of a

  • the Property means the Property more particularly described in Condition 2 of the Conditions of Sale (as defined in 1.6 below);

  • Project Site(s) means the place(s) specified in the SCC for the supply and installation of the System.

  • Covered Project means and includes any project which consists of one or more of the following:

  • Project Water means water made available for delivery to the contractors by project conservation facilities and the transportation facilities included in the System.

  • Mixed-use property means an eligible property that includes three or more residential units and may also contain a commercial property component in the same building.