Permitted Expansion definition

Permitted Expansion means an up to approximately 150MW expansion of the Project through the development, construction, ownership, leasing, operation and maintenance of one or more additional generating units undertaken by a Permitted Expansion Entity or an Affiliate of the Loan Parties.
Sample 1
Permitted Expansion has the meaning given to the term “Construction Opportunity” in the JV LLC Agreement, other than the Compression Addition. “Permitted First Lien General Debt” means any Indebtedness incurred pursuant to clause (h) of the definition of “Permitted Debt” that is permitted to be secured pursuant to clause (bbb) of the definition of “Permitted Liens” and is secured on a pari passu basis with the Obligations. “Permitted First Priority Refinancing Debt” means any Permitted First Priority Refinancing Notes and any Permitted First Priority Refinancing Loans. “Permitted First Priority Refinancing Loans” means any Credit Agreement Refinancing Indebtedness in the form of secured loans incurred by the Borrower in the form of one or more tranches of Loans under this Agreement; provided that (a) such Indebtedness is secured by the Collateral on a pari passu basis (but without regard to the control of remedies) with the Liens securing the Obligations, is not secured by any property or assets of the Borrower other than the Collateral, and ranks on the same basis in right of payment as the Refinanced Debt, (b) if such 191 KE 73718588.20 US-DOCS\142539518.2141222994.8
Sample 1
Permitted Expansion has the meaning given to the term “Construction Opportunity” in the JV LLC Agreement, other than the Compression Addition.
Sample 1

Examples of Permitted Expansion in a sentence

  • The Borrower shall not make or incur any Capital Expenditures other than (i) its pro rata share of the amount required to fund the Project, (ii) Capital Expenditures made using Excluded Proceeds, or (iii) in connection with a Permitted Expansion, Capital Expenditures made using proceeds of Incremental Term Loans.

  • Longer term impacts include reduced use, improved 16 Updated 6/15/2012–Office of Superintendent Public Instruction, Department of Student Support, Educational Service District’s Prevention Directors K-20.

  • Quality Issue - Close Analysis Limitation - Permitted Expansion of the Exemption In 2012, the need for high-quality images in education was reframed by the Register as one of uses requiring close analysis.

  • Any other expansion shall be prohibited unless a variance is granted by the Zoning Board of Appeals.C. Permitted Expansion of Nonresidential Nonconforming Buildings: Nonresidential nonconforming buildings shall not be expanded except to the extent permitted by the Zoning Board of Appeals pursuant to the authority granted in Article IX, Section 9.3,” Duties and Powers of the Zoning Board of Appeals”, of the Norwood Zoning Ordinance.

  • Additional debt SATORP may incur certain types of additional indebtedness including additional debt intended to: (a) refinance any individual Secured Credit Facility or SIDF Facility; (b) fund any Permitted Expansion; (c) fund any Debottlenecking; (d) fund Project Costs for which there is a current shortfall; or (e) buy-down certain existing Secured Credit Facilities, provided that in each case, the Additional Debt Criteria is satisfied.

  • Such Loan Party will not (i) become a general partner in any general or limited partnership or Joint Venture or (ii) organize any new Subsidiary other than, with respect to this clause (ii), the formation by any Guarantor of the Permitted Expansion Entity.

  • The Effects of the Church Not Keeping Paul’s Rule Paul’s rule instructs the circumcised to remain circumcised and not to become uncircumcised.


More Definitions of Permitted Expansion

Permitted Expansion means the leasing by any tenant of the Building of additional space in the Building, pursuant to the exercise by such tenant of any expansion right or option contained in such tenant’s lease as originally entered into, provided such additional space (i) is contiguous to, and on the same floor as, the premises demised by such lease as originally entered into, and (ii) is no larger than 25% of the premises demised by such lease as originally entered into.
Sample 1
Permitted Expansion means the leasing by any tenant of the Initial ROFO Space of additional space in the Building pursuant to the exercise by such tenant of any expansion right or right of first offer provided in such tenant’s lease of Initial ROFO Space, as originally entered into, so long as, in either case, such additional space (i) is contiguous to the then originally demised Initial ROFO Space premises leased by such tenant, and (ii) contains considering all expansion and rights of first offer, in the aggregate, no more than twenty-five percent (25%) of the Initial ROFO Space premises initially demised by such lease as originally entered into.
Sample 1
Permitted Expansion means (i) the construction of one or more chloride process lines or pigment finishing lines (which pursuant to its design specifications is intended to increase the total output of the Plant by at least 10%), either within the existing Plant (but separate from and in addition to the chloride process lines and pigment finishing lines forming part of the Plant on the Closing Date) or on property of the Joint Venture located adjacent to the Plant, or (ii) the achievement of "debottlenecking" through an individual project for the modification of certain equipment or other facilities of the Plant which pursuant to its design specifications is intended to increase the total output of the Plant by at least 10% by permitting other equipment or facilities of the Plant to perform at greater capacity or efficiency.
Sample 1

Related to Permitted Expansion

  • Lateral expansion means a horizontal expansion of the waste boundaries of an existing MSW landfill. A lateral expansion is not a modification unless it results in an increase in the design capacity of the landfill.

  • Permitted Facility means a facility authorized by the general permit to discharge total nitrogen or

  • Expansion Project has the meaning set forth in Section IV.3.a of this Agreement.

  • Permitted Expenses shall include, without limitation, the expenses set forth in Sections 5.10 and 9.2 hereof.

  • Expansion Space means any space in the Building which, at any time during the Lease Term, is occupied by a Person other than Landlord under a written lease with Landlord, and the term “Tenant’s Expansion Space” means Expansion Space which Tenant has elected to lease as provided in this paragraph. Landlord agrees to notify Tenant promptly after Landlord learns that any Expansion Space is or will become available. Subject to the prior rights of other tenants to whom Landlord has granted substantially similar rights, Tenant has the option to lease any Expansion Space which Landlord notifies Tenant is or will become available. If Tenant gives Landlord notice of its exercise of this option within thirty (30) days after notification from Landlord of the availability of the Expansion Space and if no Event of Default exists when Tenant’s notice is given, this Lease will be deemed to be amended to include Tenant’s Expansion Space as part of the Premises for the remainder of the Lease Term upon all of the same terms contained in this Lease except that (i) the Rentable Area of the Premises will be amended to include Tenant’s Expansion Space; (ii) Tenant’s Share will be increased to include the rentable area of Tenant’s Expansion Space; (iii) the Term Commencement Date with respect to Tenant’s Expansion Space will be the earlier of sixty (60) days after the date on which Tenant’s Expansion Space becomes vacant and ready for occupancy (provided that date is at least sixty (60) days after Tenant exercises its option to lease the Expansion Space), or the date on which the Expansion Space is first occupied by Tenant; (iv) if Tenant’s Expansion Space contains a rentable area of 10,000 square feet or more, and if there are less than three (3) Lease Years remaining in the Lease Term, the Lease Term will be extended to include three (3) full years from the Term Commencement Date with respect to Tenant’s Expansion Space; and (v) subject to adjustment during each Fixed Rental Period as provided in Exhibit E, Basic Rent for each year of the remaining Lease Term (as it may be extended) will be the greater of (a) the Basic Rent last paid by the Person most recently occupying Tenant’s Expansion Space or (b) Market Rent determined as provided in the Rent Rider attached as Exhibit E. If Tenant exercises this option, Tenant’s Expansion Space will be leased to Tenant in its “as is” condition and Tenant will, at its expense and in compliance with the provisions of Section 7.06, design and construct all Improvements desired by Tenant for its use and occupancy. Landlord and Tenant agree to execute such amendments to this Lease and other instruments as either of them considers necessary or desirable to reflect Tenant’s exercise of this option.

  • Phase 1 means the first implementation phase of this section, beginning June 1, 2018 and ending May 31, 2022.

  • Phase II means the second part of the tuition incentive assistance program which provides assistance in the third and fourth year of 4-year degree programs.

  • Expansion means the addition of buildings, structures, machinery or equipment for purposes of increasing production capacity.

  • Phase III means human clinical trials, the principal purpose of which is to establish substantial evidence of both safety and efficacy in patients with the disease or condition being studied, as more fully defined in 21 C.F.R. §312.21(c) or similar clinical study in a country other than the United States. Phase III shall also include any other human clinical trial intended to serve as a pivotal trial to support the submission of an application for regulatory approval.

  • Capital Improvement Project means the acquisition, construction, reconstruction, improvement, planning and equipping of roads and bridges, appurtenances to roads and bridges to enhance the safety of animal-drawn vehicles, pedestrians, and bicycles, wastewater treatment facilities, water supply systems, solid waste disposal facilities, and storm water and sanitary collection, storage and treatment facilities including real property, interests in real property, facilities, and equipment related or incidental to those facilities.

  • Commercial Premises Means a place of trade or premises operated for financial gain, including but not limited to, a retirement village or a block of flats that has a common facility; a place of trade where the manufacture and production of products or produce takes place; a site where renovation, restoration and refurbishment work as described in Appendix B takes place.

  • Renovation means altering a facility or one or more facility components in any way, including the stripping or removal of RACM from a facility component. Operations in which load-supporting structural members are wrecked or taken out are demolitions.

  • Construction Phase Services means the coordination, implementation and execution of the Work required by this Agreement, which are further defined in Article 8.

  • Construction Completion Date means the date by which the overall development of the Project is completed in accordance with the provisions of this Agreement and when the Construction Completion Certificate is issued by the Independent Engineer as per Article 14.1.

  • Permitted Existing Liens means the Liens on assets of the Borrower and its Subsidiaries identified as such on Schedule 1.1.3 to this Agreement.

  • Major renovation means the renovation of a building where:

  • Debt service extension base means an amount equal to that

  • Project Completion Date means the date on which the Completion Certificate is issued;

  • Phase 2 means the second implementation phase of this section, beginning June 1, 2022 and continuing thereafter.

  • Original Project means the Project described in the Original Financing Agreement.

  • Construction project means the same as that term is defined in Section 38-1a-102.

  • Capital Improvement or "Capital Improvement Project" means the acquisition, construction, reconstruction, improvement, planning and equipping of roads and bridges, wastewater treatment facilities, water supply systems, solid waste disposal facilities, and storm water and sanitary collection, storage and treatment facilities of Local Subdivisions, including real property, interests in real property, and facilities and equipment of Local Subdivisions related or incidental thereto.

  • Existing Project is a Project that has achieved Commercial Operation on or prior to the Execution Date.

  • Pilot project means an innovative environmental project that covers one or more designated facilities, designed and implemented in the form of an EMSA. (See Section 52.3 of the Act.)

  • Project means the goods or Services described in the Signature Document or a Work Order of this Contract.

  • Building, structure, facility, or installation means all of the pollutant-emitting activities which belong to the same industrial grouping, are located on one or more contiguous or adjacent properties, and are under the control of the same person (or persons under common control) except the activities of any vessel. Pollutant-emitting activities shall be considered as part of the same industrial grouping if they belong to the same major group (i.e., which have the same two-digit code) as described in the Standard Industrial Classification Manual, 1972, as amended by the 1977 Supplement (U.S. Government Printing Office stock numbers 4101-0066 and 003-005-00176-0, respectively).