Asset Company definition

Asset Company means any entity (a) (i) whose principal purpose is the acquisition, improvement, installation, design, engineering, construction, development, completion, financing, maintenance or operation of all or any part of a project or projects, or any asset related thereto, used in the business of generating, transmitting, transporting, distributing, producing or storing electric power, thermal energy, natural gas or other fuel or other energy-related businesses and (ii) substantially all its assets are limited to those assets being financed (or to be financed), or the operation of which is being financed (or to be financed), in whole or in part by a Project Financing Facility entered into by such entity and/or any Investment Vehicle that owns such entity or by contributions or intercompany loans from the Guarantor, any Restricted Subsidiary or any such Investment Vehicle or (b) which entity is a Subsidiary of an entity described in clause (a) and the business and assets of which are related to the business of such entity and which does not incur any Indebtedness other than (A) intercompany loans from an Asset Company which is the parent of such Subsidiary, the Guarantor, any Restricted Subsidiary or any Investment Vehicle that indirectly owns such Subsidiary, (B) Indebtedness of the type described in Section 4.12(i) or (C) Indebtedness under a Project Financing Facility.
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Asset Company means the buyer of assets identified in the first paragraph of the Asset Purchase Agreement or any permitted assignee thereof.
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Asset Company means the buyer of assets identified in paragraph one of this Agreement, or any permitted assignee.
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Examples of Asset Company in a sentence

  • The design of the street light must be consistent with other street lights in the same neighborhood and must be located in such a manner to minimize potential visual and compatibility impacts with adjacent residential properties.

  • The Company and the Asset Company may pledge its property that is not pledged at the time to the Trustee for the Bondholders or for which there is no undertaking to pledge it for the Trustee for the Bondholders, in whole or in part, with any pledge and in any manner, for the benefit of any third party, without any consent from the Trustee or the Bondholders (Series B).

  • Accordingly, TEDA Holding and TEDA Asset Company agreed to transfer 28,344,960 (8% of ordinary shares) and 77,303,789 (21.82% of ordinary shares) domestic shares of the Company held by them to Chia Tai Company and Chia Tai Pharmaceutical Company respectively.

  • However, it shall be clarified that the Company and/or Asset Company may not pledge to a third party assets that are actually pledged at the time for the Trustee, for the Bondholders (Series B).

  • All - from time to time, during the ordinary business of the Company and/or Asset Company, as applicable, regarding the Pledged Assets, in whole or in part, in a manner that does not harm the pledge recorded for the benefit of the Trustee and the Bondholders (Series B) for the same Pledged Assets as stated and/or the ability to exercise the same.

  • Provided that in the resolution of the board of directors of approval as stated, at least two of the three independent directors voted for the resolution.59For the avoidance of doubt, it is clarified that a pledge of the assets in accordance with subsections (1) to (2) above will be on all of the rights of the Asset Company in the replacing asset, including its rights to profits from the same asset and the insurance receipts for the same asset in accordance with the provisions of this Deed.

  • JAS Asset Company Limited (Subsidiary) Retail space management businessThe Company is also operating rental area allocation and management business by leasing retail space from land owner and allocates and rents out the area to retail customers.

  • AssetCo Finance Lease means any lease or hire purchase contract between Porterbrook Leasing Asset Company Limited and another Group Company in respect of all or part of the Fleet which would, in accordance with the Accounting Principles, be treated as a finance or capital lease.

  • Very truly yours, PNC BANK, NATIONAL ASSOCIATION By: /s/ Thomas E.

  • In addition, in furtherance of the BaaS, we agreed to provide guarantee to the Battery Asset Company for the default in payment of monthly subscription fees from users, while the maximum amount of guarantee that can be claimed shall not be higher than the accumulated service fees we receive from the Battery Asset Company.


More Definitions of Asset Company

Asset Company and “Asset Companies” mean, with respect to the Borrower, entities set forth on Schedule 4.1(C).
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Asset Company means Xxxxxxx, Xxxxx & Co., a Delaware limited partnership, or its permitted assignees.
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Asset Company. Beijing Jingcheng Machinery Electric Asset Management Co., Ltd ( 北 京 京 城 機 電 資 產 管 理 有 限 責 任 公 司 ), a joint stock company incorporated in the PRC with limited liability, is a wholly-owned subsidiary of Jingcheng Machinery Electric “Beijing Tianhai” Beijing Tianhai Industry Co., Ltd. ( 北 京 天 海 工 業 有 限 公 司 ), a joint stock company incorporated in the PRC with limited liability, is an indirect wholly-owned subsidiary of the Company
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Asset Company shall have the meaning given such term in the recitals of this Agreement.
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Asset Company means Goldman, Sachs & Co., a Delaware limited partnership, or its permitted assignees.
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Asset Company means any Group Member (other than the Parent and the Luxco Borrower but including, unless otherwise specified, the German Borrower) that owns a Property.
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Related to Asset Company

  • Foreign Asset Control Regulations has the meaning set forth in Section 10.18.

  • Foreign Assets means any of the Portfolios' investments (including foreign currencies) for which the primary market is outside the United States and such cash and cash equivalents as are reasonably necessary to effect the Portfolios' transactions in such investments.

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

  • SPE Subsidiary means any Subsidiary formed solely for the purpose of, and that engages only in, one or more Securitization Transactions.

  • Controlled Subsidiary means any Subsidiary of the Company, 50% or more of the outstanding equity interests of which are owned by the Company and its direct or indirect Subsidiaries and of which the Company possesses, directly or indirectly, the power to direct or cause the direction of the management or policies, whether through the ownership of voting equity interests, by agreement or otherwise.

  • Foreign business entity means a foreign limited liability company, as defined in s. 183.0102 (8), a foreign partnership, as defined in s. 178.0102 (6), a foreign limited partnership, as defined in s. 179.01 (4), a foreign corporation, as defined in s. 180.0103 (9), or a foreign corporation, as defined in s. 181.0103 (13).

  • Acquired Subsidiary or “Acquired Subsidiaries” means one or more, as applicable, Subsidiaries of the Failed Bank acquired pursuant to Section 3.1.

  • Joint Venture Subsidiary means a Subsidiary of the Company or any of its Subsidiaries that has no assets and conducts no operations other than its ownership of Equity Interests of a Joint Venture.

  • JV Subsidiary any Subsidiary of a Group Member which is not a Wholly Owned Subsidiary and as to which the business and management thereof is jointly controlled by the holders of the Capital Stock therein pursuant to customary joint venture arrangements.

  • Government company means any company in which not less than fifty-one per cent. of the paid-up share capital is held by the Central Government, or by any State Government or Governments, or partly by the Central Government and partly by one or more State Governments, and includes a company which is a subsidiary company of such a Government company;

  • Regulated Subsidiary means any Subsidiary that is (a) a Broker-Dealer Subsidiary, (b) otherwise subject to regulation by any Governmental Authority and for which the incurrence of Indebtedness (including Guarantees) or the granting of Liens with respect to its assets would be prohibited or restricted or would result in a negative impact on any minimum capital or similar requirement imposed by such Governmental Authority and applicable to it or (c) subject to regulation by any Regulatory Supervising Organization.

  • UK Subsidiary means a Subsidiary organized under the laws of England and Wales.

  • ORE Subsidiary means any Subsidiary of the Assuming Bank that engages solely in holding, servicing, managing or liquidating interests of a type described in clause (A) of the definition of “Other Real Estate,” which interests have arisen from the collection or settlement of a Shared-Loss Loan.

  • Issuer Subsidiary means any subsidiary of the Issuer.

  • subsidiary entity means a person that is controlled directly or indirectly by another person and includes a subsidiary of that subsidiary;

  • Foreign Asset Sale shall have the meaning provided in Section 5.2(i).

  • Excluded Entity means each of the Hong Kong Disneyland Entities, the Shanghai Project Entities and the Specified Project Entities.

  • Excluded Entities has the meaning set forth in Section 2.2(b)(iv).

  • Operating Subsidiary means a majority-owned subsidiary of a financial

  • OFAC SDN List means the list of the Specially Designated Nationals and Blocked Persons maintained by OFAC.

  • Seller Affiliate means any Affiliate of Seller.

  • Domestic business entity means a corporation, as defined in s. 180.0103 (5), a domestic limited liability company, a partnership, as defined in s. 178.0102 (11), a limited partnership, as defined in s. 179.01 (7), or a corporation, as defined in s. 181.0103 (5).

  • foreign national means the following:

  • Foreign Assets Control Regulations has the meaning set forth in Section 10.18.

  • Material Non Listed Indian Subsidiary means an unlisted subsidiary, incorporated in India, whose income or net worth (i.e. paid up capital and free reserves) exceeds 20% of the consolidated income or net worth respectively, of the listed holding company and its subsidiaries in the immediately preceding accounting year.

  • Foreign terrorist organization means an organization designated as a foreign terrorist organization by the United States secretary of state as authorized by 8 U.S.C. Section 1189.