Benefiting Project Company definition

Benefiting Project Company means (a) with respect to issuance, renewal or extension of the Security Fund LC, MEC, and (b) with respect to all other Credit Events, both Project Companies.
Sample 1
Benefiting Project Company means the Development Project Company to which Project Advances are contributed or with respect to which proceeds of Project Advances are used or for which Project Letters of Credit are issued.
Sample 1

Examples of Benefiting Project Company in a sentence

  • Each Credit Document and Major Project Document relating to the Benefiting Project Company shall remain in full force and effect in accordance with its terms (except for any Major Project Document that has expired or been terminated in accordance with the terms thereof and, if applicable, the relevant Consent).

  • Insurance complying with the requirements of Section 5.18 shall be in effect for the Borrower and the Benefiting Project Company, and, upon the reasonable written request of Administrative Agent, evidence thereof shall have been provided to Administrative Agent.

  • Each representation and warranty made by or on behalf of Borrower and each Benefiting Project Company in any of the Credit Documents (other than representations and warranties relating solely to a Project Company which is not a Benefiting Project Company) shall be true and correct in all material respects as if made on the date of such Credit Event, unless such representation or warranty expressly relates solely to an earlier date.

  • Where MEC is the Benefiting Project Company, for any Credit Events to occur more than seven months following the Closing Date, delivery to the Lead Arrangers of the First Amendment to PPA, fully executed and approved by all necessary Governmental Authorities.

Related to Benefiting 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”.

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

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

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

  • 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.

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

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

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

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

  • Project Assets means all physical and other assets relating to and forming part of the Site including:

  • Construction Plant means appliances, machinery with necessary supply to up keep and maintenance of the works or temporary works but dose not include materials or other things intended to form part of the permanent work.

  • 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.)

  • Projects means the projects identified in Exhibit A to the Agreement and all other projects, any costs of which are included in a Transitional Capital Plan pursuant to the Act or are Recovery Costs, and financed, by payment or reimbursement, with the proceeds of Bonds or Notes.

  • Infrastructure Improvements means a street, road, sidewalk, parking facility, pedestrian mall, alley, bridge, sewer, sewage treatment plant, property designed to reduce, eliminate, or prevent the spread of identified soil or groundwater contamination, drainage system, waterway, waterline, water storage facility, rail line, utility line or pipeline, transit-oriented development, transit-oriented property, or other similar or related structure or improvement, together with necessary easements for the structure or improvement, owned or used by a public agency or functionally connected to similar or supporting property owned or used by a public agency, or designed and dedicated to use by, for the benefit of, or for the protection of the health, welfare, or safety of the public generally, whether or not used by a single business entity, provided that any road, street, or bridge shall be continuously open to public access and that other property shall be located in public easements or rights-of-way and sized to accommodate reasonably foreseeable development of eligible property in adjoining areas. Infrastructure improvements also include 1 or more of the following whether publicly or privately owned or operated or located on public or private property:

  • 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:

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

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

  • Residential Project means a redevelopment project that is

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

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

  • Construction Parties means all of the Parties to a Construction Service Agreement.

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

  • Cooperative Project With respect to any Cooperative Loan, all real property and improvements thereto and rights therein and thereto owned by a Cooperative Corporation including without limitation the land, separate dwelling units and all common elements.