DLS Properties definition

DLS Properties has the meaning set forth in Section 3(b)(v).
DLS Properties has the meaning set forth in Section 3(b)(v). “Dynegy” has the meaning set forth in the preamble. “Dynegy Assumed Obligations” has the meaning set forth in Section 2(c)(i). “Dynegy Group” means Dynegy and its subsidiaries, and its and their respective employees, officers, directors, representatives, agents, contractors and subcontractors; provided, that the term “Dynegy Group” specifically excludes each member of the LS Power Group. “Dynegy Party” means Dynegy and each member of the Dynegy Group that is a party to any Transaction Agreement. “Dynegy Project Assets” means the Project Assets for which Schedule 1(b) indicates Dynegy is the transferee. “Dynegy Project Entities” means the Project Entities for which Schedule 1(b) indicates Dynegy is the transferee. “Dynegy Project Entity Contracts” has the meaning set forth in Section 3(b)(iv). “Dynegy Projects Assignment” means the Dynegy Assignment and Assumption Agreement entered into contemporaneously herewith. “Dynegy Properties” has the meaning set forth in Section 3(a)(iv). “Effective Date” means 12:01 a.m. on January 1, 2009. “Exchange Act” means the Securities Exchange Act of 1934. “Governmental Authority” means the United States or any agency thereof and any state, county, city or other political subdivision, agency, court or instrumentality. “Group” means, (i) with respect to any Dynegy Party, the Dynegy Group, and (ii) with respect to any LS Power Party, the LS Power Group. “Indemnitee” means any Person entitled to indemnity under this Agreement. “Indemnifying Party” means the Party required to provide indemnification under this Agreement.

Examples of DLS Properties in a sentence

  • On or promptly after the Effective Date, each Party shall deliver or cause to be delivered to the other Party copies of Tax Records which are relevant to the DLS Properties being transferred to the other Party.

  • Each Party will endeavor to promptly transfer to the other Party all plant, project, commercial, environmental, regulatory and other records and information held by such first Party (or any other member of such Party’s Group) and related to the DLS Properties being transferred to the other Party pursuant to this Agreement.

  • If required by Applicable Law in connection with the transfer of any DLS Properties being distributed to a Party hereunder, (i) the Party receiving such DLS Properties shall file all necessary Tax Returns and other documentation with respect to all transfer, documentary, sales, use, stamp, registration and other similar Taxes and fees, pay the related Tax, and (ii) the other Party shall, and shall cause its Affiliates to, join in the execution of any such Tax Returns and other documentation.