Phase 1 Project FID Date definition

Phase 1 Project FID Date has the meaning given to such term in the Partnership Agreement.
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Phase 1 Project FID Date means the date on which Phase 1 FID has been declared by the General Partner in accordance with Section 5.1(b)(i) of the General Partner LLC Agreement.
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Phase 1 Project FID Date means the Phase Project FID Date with respect to the Phase 1 Project.
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Examples of Phase 1 Project FID Date in a sentence

  • All limited partnership action required to be taken by or on behalf of the Partnership for the authorization, issuance, sale and delivery of the Partner Units, the execution and delivery of the Transaction Documents and the consummation of the Transactions have been taken or will have been taken as of the Phase 1 Project FID Date.

  • The Partnership has, or as of the Phase 1 Project FID Date will have, all requisite limited partnership power and authority to issue, sell and deliver the Partner Units, in accordance with and upon the terms and conditions set forth in this Agreement and the Partnership Agreement.

  • The covenants made in this Agreement or any other Transaction Document will survive the Phase 1 Project FID Date and remain operative and in full force and effect.

  • Concurrently with the execution of this Agreement, the foregoing conditions have been satisfied and the Member has declared FID with respect to the Phase 1 Project, and the Effective Date shall therefore be the Phase 1 Project FID Date.

  • If, at any time after the Effective Date and prior to the Phase 1 Project FID Date, the Partnership shall seek to arrange for, or change any existing arrangements for, debt financing with respect to the Phase 1 Project, the Partnership shall notify the Partner of such event and shall inform the Partner of the name and contact information for the principal agent or agents acting on behalf of the lender or lenders leading such financing arrangements.

  • The Initial Three Plant Capex Budget included in Exhibit A-1 attached hereto shall serve as the Phase 1 Project capital expenditure portion of the initial Partnership Budget for the period beginning as of the Phase 1 Project FID Date and continuing until the Date of Full Operations of the last of the Phase 1 Plants to achieve Full Operations.