Examples of Expansion Projects in a sentence
The Borrower shall use the proceeds of the Borrowings and the Letters of Credit to make Restricted Payments with the proceeds of Advances in compliance with Section 6.05, for Acquisitions, for Investments, to refinance Debt owing under the Prior Credit Agreement and to pay fees and expenses related to the refinancing of such Debt, for working capital and general corporate purposes, including, without limitation, Capital Expansion Projects and the making of capital expenditures.
The Company anticipates requiring additional funds to complete its growth plans discussed in Section 6 - Expansion Projects of this MD&A.Although the Company operates through its subsidiaries, there are no material legal restrictions and generally no practical restrictions on the ability of the subsidiaries to transfer funds to the Company, except that the Company may be subject to practical limitations on transferring funds from its Argentinian subsidiary.
Neither the Sellers, nor the Company or any Subsidiary have knowledge of any proposed change in any such laws, rules or regulations (other than laws of general applicability) or the terms of any such license that would materially adversely affect the transactions contemplated by this Agreement or materially adversely affect all or a substantial part of the assets or the businesses of the Company and the Subsidiaries, individually or in the aggregate, or the Expansion Projects.
Joint Funding Arrangement for U.S. Mainline Expansion ProjectsThe OLP also has a series of partnership interests (the ME interests) which were created to finance the Mainline Expansion Projects to increase access to the markets of North Dakota and western Canada for light oil production on our Lakehead System between Neche, North Dakota and Superior, Wisconsin.
Each License (other than Licenses proposed to be obtained in connection with the Expansion Projects) has been issued to, and duly obtained and fully paid for by, the holder thereof and is valid, in full force and effect, and not subject to any pending or known threatened administrative or judicial proceeding to suspend, revoke, cancel or declare such License invalid in any respect.