Consortium SPV definition

Consortium SPV means the SPV to be formed by Consortium Members in the event it is designated as the Successful Bidder, as more particularly described in Clause 5.1.4.c
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Consortium SPV means a special purpose vehicle, as may be incorporated by the Consortium prior to execution of the Definitive Agreements to consummate the Proposed Transaction.
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Consortium SPV means the SPV to be formed by Consortium Members for acquisition of GoI’s
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Examples of Consortium SPV in a sentence

  • The paid-up share capital of the Consortium SPV Company may as decided by the board of directors of the Consortium SPV Company (“CREES Board”) from time to time be increased to meet its required capital expenditure and financing plan for the Business, where such increases in the share capital as approved by the Parties shall be subscribed and paid by the Parties in accordance with the Agreed Proportion.

  • The Consortium SPV Company aims to finalise the contract award with MRL for the ECRL IPP Project soonest possible.

  • The Consortium Joint Venture allows the Consortium to draw on and combine the resources, expertise, knowledge and experience of respective Parties through the Consortium SPV Company for the purpose of realising the successful commencement, development and implementation of the business activities in relation to the ECRL IPP Project through the ECRL IPP Company.

  • Pursuant to the Consortium Agreement, Citaglobal and Reneuco mutually agreed to restructure their shareholding in the Consortium SPV Company for the ECRL IPP Project to 60:40 respectively, which the Parties acknowledged and agreed Citaglobal shall lead the negotiations as the controlling shareholder in the Consortium SPV Company with MRL to finalise the terms and conditions for the ECRL IPP Project.

  • Any change in the composition of Consortium /SPV to be pre-approved by NCVET.


More Definitions of Consortium SPV

Consortium SPV means a Company incorporated in India by Consortium Members in the event it is designated as the Successful Bidder, as more particularly described in Clause 5.1.(3)
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Related to Consortium SPV

  • Consortium Members means any or all of the members of Consortium and in the event of reconstitution of the Consortium; it shall include members of such reconstituted Consortium.]

  • Consortium Body means any management body described in Section 6 (Governance Structure) of this Consortium Agreement.

  • Consortium Member means a company specified in Recital (B) as a member of the Consortium;

  • Consortium - means several entities joining forces as an umbrella entity to gain a strategic collaborative advantage by combining their expertise, capital, efforts, skills and knowledge for the purpose of executing this tender.

  • Consortium Agreement means this consortium agreement as well as the pre-amble and all annexes hereto;