Beams Power definition

Beams Power means Beams Power Investment Limited, an International Business Act company re-registered as a BVI business company under the laws of the BVI.
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Examples of Beams Power in a sentence

  • On November 17, 2016, the Company entered into an Agreement and Plan of Merger (the “Merger Agreement”) with Beams Power Investment Limited (“Beams”), a Virgin Island entity whose sole stockholder and director is Xuiquing Meng (“Meng”), Zheng’s wife and the Merger Sub, pursuant to which the Company will be taken private and the Company’s minority stockholder will be squeezed out at $6.05 per share by Zhang, Meng, Beams and the Merger Sub (the “Buyer Group”).

  • Beams Power and Warburg have caused their respective signature page to this Drag-Along Agreement to be duly executed as of the date first written above.

  • Mr. Vetere stated that he had Robert Baum with him tonight to answer any questions the neighbors may have.

  • Senior Debt 53 i TABLE OF CONTENTS (continued) Page Section 3.18.

  • The Loans were secured by a pledge of 25,000,000 shares of the Company’s Common Stock owned by Beams Power Investment Limited, a British Virgin Islands company, the capital stock of which is beneficially owned by Liang Zhang, the Chief Executive Officer of the Company.

  • On March 3, 2014, the date that Beams Power repaid WP IX the total outstanding obligation under the Second Restated Note in full, the total outstanding obligation under the Second Restated Note was $49,690,079.

  • The Restated Note had a maturity date of the close of business on November 23, 2011, but because any amount of the obligation under the Restated Note that was still outstanding following November 23, 2011 continued to be exchangeable into shares of Common Stock held by Beams Power, the Restated Note had no definite expiration date.

  • The Note has a maturity date of the close of business on November 23, 2011 (the “Maturity Date”), but because any amount of the obligation under the Note that is still outstanding following the Maturity Date will continue to be exchangeable into shares of Common Stock held by Beams Power, the Note has no definite expiration date.

  • BEAMS POWER INVESTMENT LIMITED By: Name: Title: AGREED AND ACCEPTED: FNOF SHARING ECONOMY LIMITED By: Name: Title: APPENDIX A FORM OF HOLDER REDEMPTION NOTICE [date] To: Beams Power Investments Limited Akara Building, 24 Dx Xxxxxx St., Wickhams Cay 1, Road Town, Tortola, British Virgin Islands Re: Holder Redemption Notice in relation to the Convertible Exchangeable Note No. [Ÿ] of the Company (the “Note”), dated as of ___________, 2016 with an aggregate outstanding principal amount of US$60,000,000.

  • Beams Power has good title to the Collateral and the Capital Stock of the Borrower constituting the pledged Collateral has been duly and validly issued, and is outstanding and non-assessable and is registered in the name of Beams Power on the stock transfer records of the Borrower.

Related to Beams Power

  • Solar Power means power generated from the Solar Photovoltaic Power Project;

  • Electric power generator means an entity that proposes to

  • Power boiler means a boiler in which steam or other vapor is generated at a pressure of more than 15 psig for use external to itself or a boiler in which water is heated and intended for operation at pressures in excess of 160 psig and/or temperatures in excess of 250 degrees F by the direct application of energy from the combustion of fuels or from electricity, solar or nuclear energy.

  • Repower means to replace an existing engine with a newer, cleaner engine or power source that is certified by EPA and, if applicable, CARB, to meet a more stringent set of engine emission standards. Repower includes, but is not limited to, diesel engine replacement with an engine certified for use with diesel or a clean alternate fuel, diesel engine replacement with an electric power source (e.g., grid, battery), diesel engine replacement with a fuel cell, diesel engine replacement with an electric generator(s) (genset), diesel engine upgrades in Ferries/Tugs with an EPA Certified Remanufacture System, and/or diesel engine upgrades in Ferries/Tugs with an EPA Verified Engine Upgrade. All-Electric and fuel cell Repowers do not require EPA or CARB certification.

  • Station Power means energy used for operating the electric equipment on the site of a generation facility located in the PJM Region or for the heating, lighting, air-conditioning and office equipment needs of buildings on the site of such a generation facility that are used in the operation, maintenance, or repair of the facility. Station Power does not include any energy (i) used to power synchronous condensers; (ii) used for pumping at a pumped storage facility; (iii) used in association with restoration or black start service; or (iv) that is Direct Charging Energy.

  • Power Plant means a facility for the generation of

  • Electric power train means the electrical circuit which includes the traction motor(s), and may also include the REESS, the electrical energy conversion system, the electronic converters, the associated wiring harness and connectors, and the coupling system for charging the REESS.

  • Active Power has the meaning given to it in the Grid Code;

  • Submerged fill pipe means any fill pipe the discharge opening of which is entirely submerged when the liquid level is six inches [15.24 centimeters] above the bottom of the tank; or when applied to a tank which is loaded from the side, means any fill pipe the discharge opening of which is entirely submerged when the liquid level is one and one-half times the fill pipe diameter in inches [centimeters] above the bottom of the tank.

  • Power Project or “Project” shall mean the Solar power generation facility of Contracted Capacity of ………..[Insert capacity] MW, located at [Insert name of the place] in …. [Insert name of the District and State] having a separate control system, metering and separate points of injection into the grid at Delivery/Interconnection/Metering point at ISTS substation or in case of sharing of transmission lines, by separate injection at pooling point. This includes all units and auxiliaries such as water supply, treatment or storage facilities; bay/s for transmission system in the switchyard, dedicated transmission line up to the Delivery Point and all the other assets, buildings/structures, equipment, plant and machinery, facilities and related assets required for the efficient and economic operation of the power generation facility; whether completed or at any stage of development and construction or intended to be developed and constructed for the purpose of supply of power as per this Agreement;

  • Reactive Power means the power component which does not produce work but is necessary to allow some equipment to operate, and is measured in kiloVolt Amperes Reactive (kVAR);

  • cogeneration means the simultaneous generation in one process of thermal energy and electrical or mechanical energy;

  • net power means the power obtained on a test bench at the end of the crankshaft or its equivalent at the corresponding engine or motor speed with the auxiliaries, tested in accordance with Annex XX (Measurements of net power and the maximum 30 minutes power of electric drive train), and determined under reference atmospheric conditions;

  • Electric power supplier means a person or entity that is duly

  • Power Pool means the scheme operated by the Independent System Operator under the Act for exchange of Energy and financial settlement for the exchange of Energy;

  • Hydroelectric energy means water used as the sole source of energy to produce electricity.

  • PJM Interconnection, L.L.C. or "PJM" means the privately-

  • LSD means lysergic acid diethylamide.

  • Power System means all aspects of generation, transmission, distribution and supply of electricity and includes one or more of the following, namely:-

  • Basin means a groundwater basin or subbasin identified and defined in Bulletin 118 or as modified pursuant to Chapter 3 (commencing with Section 10722).

  • Auxiliary Water Supply means any water source or system, other than the public water supply, that may be available in the building or premises.

  • Shellfish means those species of marine and freshwater

  • taxiway means a defined path on a land aerodrome established for the taxiing of aircraft and intended to provide a link between one part of the aerodrome and another, including:

  • Superstructure means the part of the bodywork which contributes to the strength of the vehicle in the event of a roll-over accident.

  • Fixed wing turbine powered aircraft means an aircraft that:

  • Cogeneration unit means a unit that is able to operate in cogeneration mode;