Incremental Project definition

Incremental Project means any change to an Existing Generation Facility which results in an increase in the installed capacity of the Existing Generation Facility.

Incremental Project means any site on which a fuel cell electricity generator will be developed, constructed, installed, financed, owned, operated and maintained by the Borrower pursuant to an Incremental ESA.

Incremental Project a renewable energy or renewable natural gas project as may be designated as an Incremental Project from time to time by the Borrower in a written notice to the Administrative Agent and that is acceptable to the Lenders (in their sole discretion).

Examples of Incremental Project in a sentence

• Due diligence satisfactory to the Lenders in its sole discretion shall have been completed with respect to each Incremental Project (including financial, technical, corporate, environmental, real estate, regulatory, other legal and any other due diligence).

• As of the Closing Date, and with respect to the applicable Incremental Project, as of each Inclusion Date, no Obligor has any deposit accounts, securities accounts or commodities accounts other than the deposit accounts, securities accounts and commodities accounts, including Depositary Accounts and Local Accounts, listed in Schedule 3.22.

• As of the Closing Date, and as of each Inclusion Date with respect to the applicable Incremental Project, there are no outstanding options or other rights pertaining to the Equity KE 103372065 Interests of any Obligor, other than as set forth in Schedule 3.2(a).

• Opal Fuels and GFL shall have contributed to the Borrower the Required Equity Contribution for such Incremental Project in accordance with the Construction Budget for such Incremental Project, and the Independent Engineer shall have provided a certificate, in form and substance reasonably acceptable to the Required Lenders, confirming the same.

• As of the Closing Date and (with respect to the applicable Incremental Project) as of each Inclusion Date, the information included in the Beneficial Ownership Certification is true and correct in all respects.

• As of the Closing Date, and as of KE 103372065 each Inclusion Date with respect to the applicable Incremental Project, no Obligor is undergoing any Tax audit.

More Definitions of Incremental Project

Incremental Project means a Facility or a Project that comprises or would comprise an Upgrade or Expansion of: (a) another Renewable Generating Facility; or (b) a proposed Renewable Generating Facility that is the subject of an existing contract with the Sponsor or OEFC; and that uses the same meter as such other proposed or existing Renewable Generating Facility.

Incremental Project administration" means reasonable expenditures on account of the Project incurred by the CPMU and the PPIUs for administrative costs, including the costs of office equipment and materials, office support, consumable materials, travel and per diems, but excluding salaries and honoraria.

Incremental Project means a Project that comprises an Upgrade or Expansion of another Project and that uses the same meter as such other Project.