Ownership of Guarantor. On the date hereof the Borrower owns, directly or indirectly, 100% of the issued and outstanding voting stock of the Guarantor.
Ownership of Guarantor. All of the Guarantor's common stock is owned beneficially and of record by the Lender or a Subsidiary of Lender.
Ownership of Guarantor. 9 Section 3.17. Disclosure................................................................... 9 Section 3.18. Security Interests........................................................... 9 Section 3.19. Due Execution of Project Documents........................................... 10
Ownership of Guarantor. Guarantor shall not permit ---------------------- Caithness Coso Holdings, LLC or New CHIP Company, LLC (each a "Partner") to ------- sell, transfer or convey any partnership interest held by such Partner in Guarantor unless (a) such sale, transfer or conveyance would not result in any change in the Project's status as a Qualifying Facility and (2) the Person to whom such partnership interests are sold, transferred or conveyed enters into a pledge agreement providing for the perfected, first priority pledge to the Collateral Agent for the benefit of the Trustee and the Holders of the Senior Secured Notes of all such partnership interests.
Ownership of Guarantor. As of the date of this ---------------------- Agreement, Caithness Navy II Group, LLC, a Delaware limited liability company and New CTC Company, LLC, a Delaware limited liability company are the sole general partners of the Guarantor.
Ownership of Guarantor. All of the issued and outstanding capital stock of the Guarantor is owned as follows: ________________________.
Ownership of Guarantor. 10 Section 3.17. Disclosure........................................................................ 10
Ownership of Guarantor. As of the date of this ---------------------- Agreement, ESCA, LLC, a Delaware limited liability company and New CLOC Company, LLC, a Delaware limited liability company are the sole general partners of the Guarantor.
Ownership of Guarantor. Guarantor shall not permit ESCA ---------------------- or New CLOC (each a "Partner") to sell, transfer or convey any partnership ------- interest held by such Partner in Guarantor unless (a) such sale, transfer or conveyance would not result in any change in the Project's status as a Qualifying Facility and (2) the Person to whom such partnership interests are sold, transferred or conveyed enters into a pledge agreement providing for the perfected, first priority pledge to the Collateral Agent for the benefit of the Trustee and the Holders of the Senior Secured Notes of all such partnership interests.
Ownership of Guarantor. John Luciani (50.0% owner) and ---------------------- Bernard Rodin (50.0% owner) shall maintain their current ownxxxxxx xnterests in Guarantor for the term of the Loan and all extensions thereof. Notwithstanding the foregoing, the Guarantor may be taken public by the issuance of stock and up to 49% of the ownership interests in the Guarantor may be sold to the general public in such offering, but Mr. Luciani and Mr. Rodin shall maintain no less than a 00% xxxxxxhip ixxxxxxx xx Xxxrower.
