Cogentrix definition
Examples of Cogentrix in a sentence
Such cooperation shall include the retention and, upon request by either Cogentrix GP or VF Delaware, the provision of records and information that are reasonably relevant to any such audit, litigation or other proceeding.
The Partnership agrees to (a) retain all books and records with respect to Tax matters pertinent to the Project and (b) give Cogentrix GP and VF Delaware reasonable written notice prior to destroying or discarding any such books and records.
For the purposes of this Agreement, any Adverse Consequence suffered or incurred by the Partnership shall be deemed to have been suffered or incurred, on a dollar-for-dollar basis, 1% by Cogentrix GP and 49% by Cogentrix LP.
Cogentrix GP shall be the Partnership's "tax matters partner" for purposes of the Code and with respect to all other Federal, state and local Taxes.
The Partnership shall retain any records requested by either Cogentrix GP or VF Delaware to be retained.
The Partnership shall cooperate fully as and to the extent reasonably requested by Cogentrix GP or VF Delaware in connection with the preparation and filing of any Tax return, statement, report or form, and any audit, litigation or other proceeding with respect to Taxes relating to or arising out of the Project.
Any such distribution made by the Partnership under this subsection 5.3(i) shall satisfy pro tanto the obligation of the Partnership to make distributions to Cogentrix GP or Cogentrix LP (or either of them) with respect to the Blocked Distributions.
The Management Committee shall consist of four members, two designated by Cogentrix GP (each a "Cogentrix GP Designee") and two designated by VF Delaware (each a "VF Delaware Designee"), and a quorum of the Management Committee shall require at least three members of the Management Committee.
TPC acknowledges and agrees that LS Power is assigning the Management Services Agreement to Cogentrix Energy, Inc.
For purposes of calculating the Internal Rate of Return, the cash inflows and cash outflows to Cogentrix GP and Cogentrix LP shall consist solely of the following: Partner Contributions All contributions made by Cogentrix GP and Cogentrix LP will be reflected as a cash inflow as of the date such contribution was received by the Partnership.