Examples of Document Closing in a sentence
As of the Document Closing, all Required Insurance to be obtained and maintained for the Project pursuant to Section 6.3 of the Common Agreement is in full force and effect.
Each of the Title Companies shall be irrevocably committed to issue to Project Company, collectively as equal co-insurers, the Owner’s Title Policy, effective as of the Document Closing Date, insuring the Project Company’s interest in the Site, with full gap coverage in an amount no less than the maximum amount of the DOE Credit Facility.
Prior to the Document Closing, Sponsor, upon reasonable prior written notice, shall give to each Investor, during normal business hours access to the books and records of the Project Entities and the offices, properties, employees and personnel.
As of the Document Closing Date, the Project Company is not a Disqualified Person.
Sponsor shall have provided each of the Investors with accurate and complete copies of its most recent unaudited quarterly Financial Statements and any other financial information delivered to the DOE or any Investor no later than ten (10) Business Days prior to the Document Closing Date.
Each of the Sponsor Parties and each other Investor shall have performed and complied in all material respects with all agreements and covenants required to be performed and complied with by such Party under the Transaction Documents at or prior to the Document Closing.
Prior to the Document Closing, Sponsor shall cause the Project Entities to comply with all Governmental Rules and shall cause the Project Company to maintain its status as an Exempt Wholesale Generator.
None of the Project Entities has any current or accrued material tax liability that is not specifically reflected in the Base Case Projections as in effect at and as of the Document Closing Date and in the Construction Plan Budget & Schedule or as reflected in the assumptions in the then applicable Operating Plans, as the case may be.
The NRG Closing Date Interest, the Google Closing Date Interest, and all Equity Interests to be issued by Master Holdco at the Document Closing will, when issued, constitute a limited liability company interest in Master Holdco, free and clear of any Liens except for obligations imposed on members of Master Holdco under the Master Holdco LLC Agreement.
As of the Effective Date and through the period ending immediately prior to the Document Closing, (i) Sponsor Investor will own 100% of the issued and outstanding Equity Interests of Master Holdco, (ii) Master Holdco will own 100% of the issued and outstanding Equity Interests of Project Holdco, and (iii) Project Holdco will own 100% of the issued and outstanding Equity Interests of the Project Company.