MWCI definition
Examples of MWCI in a sentence
MWCI owns no personal property other than the membership interests in the Project Company.
Worker’s compensation insurance providing statutory benefits and including other states’ endorsement, employer’s liability insurance with a primary and excess limit of not less than $1,000,000, and such other forms of insurance which the Company, MWCI or Project Company is required by law to provide.
Neither the Company, MWCI nor the Project Company has any outstanding debt to another First Wind Subsidiary.
Each policy shall waive subrogation against the Members, Company, MWCI and Project Company and shall waive any right of the insurers to any setoff or counterclaim or any other deduction, whether by attachment or otherwise, in respect of any liability of Company, MWCI, Project Company, or Members.
Each of NHC, Holdings, the Company, MWCI and the Project Company is a limited liability company duly formed, validly existing and in good standing under the laws of its state of formation.
The Investor acknowledges that any financial projections that may have been provided to it are based on assumptions of future operating results and, therefore, represent an estimate of future results based on assumptions about certain events (many of which are beyond the control of NHC, Holdings, the Company, MWCI or the Project Company).
Managing Member will cause MWCI to cause Project Company to use the Prepayment Amount to fund an account to hold the Holdback Amount for Cash Grant Shortfall, if such amount has not already been funded, promptly upon the receipt of the Prepayment Amount.
The execution and delivery by NHC, Holdings, MWCI, the Company and the Project Company of this Contribution Agreement and each other Transaction Document to which it is a party, and the consummation by each of them of the transactions contemplated hereunder and thereunder, have been duly authorized by all necessary limited liability company action required on their respective parts.
The limit applying for the Company, MWCI and the Project Company can be satisfied by insuring multiple projects under one policy, subject to a per project aggregate endorsement.
Section 2.1. Each policy shall expressly provide that all provisions thereof, except the limits of liability (which shall be applicable to all insureds as a group) and liability for premiums (which shall be solely a liability of the Company, MWCI or the Project Company, as applicable) shall operate in the same manner as if there were a separate policy covering each such insured and/or in the case of property policies shall include standard non-vitiation language or an acceptable multiple insureds clause.