Examples of Operating Project in a sentence
In addition, EMYC shall bear all costs and expenses in connection with the performance and completion by Renova’s auditing firm, Deloitte & Touche LLP, of an audit of the Operating Project Companies and their assets in accordance with GAAP.
For the avoidance of doubt, all fees and expenses that are assessed by third Persons that are giving any Operating Project Consents and Notices shall be borne, subject to the limitation set forth in Section 10.4, by Renova.
None of the Holdco Subsidiaries has conducted any business other than the ownership of the relevant Operating Project Company Shares.
As of the Effective Date, each of the Renova Holdcos owns beneficially and of record and holds good and valid title, free and clear of any Liens (except for Permitted Liens), and has full power and authority to convey free and clear of any Liens (except such Liens by applicable securities Laws or Permitted Liens), the Operating Project Company Shares.
As of the Closing Date, each of the Closing Holdcos will directly own beneficially and of record and will hold good and valid title, free and clear of any Liens (except for the Permitted Liens described in clause (ix) of the definition thereof), and will have full power and authority to convey free and clear of any Liens (except such Liens as are imposed by EMYC or applicable securities Laws or the Permitted Liens described in clause (ix) of the definition thereof), the Operating Project Company Shares.