Nominated Company definition

Nominated Company means a company selected by the Lenders’ Representative and proposed to the Authority for substituting the Concessionaire in accordance with the provisions of the Substitution Agreement;

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Nominated Company means the entity that is selected either by the Lenders’ Representative or by Authority for substituting the Developer, upon the occurrence of a Developer’s Event of Default or Financial Default, in terms of the provisions of the Agreement and the Substitution Agreement;

Nominated Company means a company, incorporated under the provisions of the Companies Act, 1956/2013, including any re-enactment or amendment thereof, selected by the Lenders' Representative, on behalf of Senior ▇▇▇▇▇▇▇, and proposed to the Authority for assignment/ transfer of the Concession as provided in this Agreement;;

Examples of Nominated Company in a sentence

• The Concessionaire shall get replaced by the Nominated Company for all purposes related to the Project.

• The Parties hereto acknowledge and agree that upon substitution of the Concessionaire with the Nominated Company, pursuant to the Substitution Agreement, it shall be deemed for the purposes of this Agreement that the Nominated Company is a Party hereto and the Nominated Company shall accordingly be deemed to have succeeded to the rights and obligations of the Concessionaire under this Agreement on and with effect from the date of substitution of the Concessionaire with the Nominated Company.

• If no such objection is raised by the Authority, the Nominated Company shall be deemed to have been accepted.

• Such Nominated Company shall have to agree to bear all the liabilities of the Concessionaire in terms of this Agreement and Financing Agreement.

• Further all rights of the Concessionaire on the Sites and Project Assets in terms of the Agreement shall stand transferred and novated in favour of the Nominated Company.

More Definitions of Nominated Company

Nominated Company means a company, incorporated under the provisions of the applicable regulations in India selected by the Lenders’ Representative, on behalf of Senior Lenders, and proposed to the Authority for assignment / transfer of the Concession as provided in this Agreement;

Nominated Company means a company selected by the Lenders’ Representative and proposed to the Authority for substituting the Developer in accordance with the provisions of the Substitution Agreement;

Nominated Company means a company, incorporated under the provisions of the Companies Act, 1956, selected by the Lenders’ Representative, on behalf of the Lenders, and proposed to the Railway Administration for assignment/transfer of the Concession as provided in this Agreement;

Nominated Company means a company, incorporated under the provisions of the Companies Act, 1956, including any re-enactment or amendment thereof, selected by the Lenders’ Representative, on behalf of Senior Lenders, and proposed to the Authority for assignment/transfer of the Concession as provided in this Agreement;

Nominated Company means a company, incorporated under the provisions of the Companies Act, 1956, selected by the Lenders’ Representative, on behalf of Senior Lenders, and proposed to the Employer for assignment/transfer of the Rights as provided in this Agreement;

Nominated Company means a subsidiary company or related company nominated under subsection (1);

Nominated Company means a company, incorporated under the provisions of the Companies Act, 1956 and/or Companies Act, 2013 (as applicable), including any re-enactment or amendment thereof, selected by the Lenders’ Representative, on behalf of the Lenders, and proposed to NHAI for assignment/transfer of the Concession as provided in the Substitution Agreement.