Project Company definition
Examples of Project Company in a sentence
From the Effective Date through the end of the Compliance Period, Seller will cause the Project Company to maintain customary property and casualty insurance.
No Project Company is in material violation of any Applicable Permit.
To Seller’s knowledge, no material breach of this Agreement by Seller, and no material breach by Seller, Sponsor, Guarantor or the Project Company under any of the other Transaction Documents to which Seller, Sponsor, Guarantor or the Project Company is a party to, has occurred and is continuing.
During the Compliance Period, Seller shall not, and shall cause the Project Company not to, take any action that would, or fail to take any action the absence of which would, be reasonably expected to cause any Recapture, Disallowance, or deferral of the Transferred Tax Credits.
Delivery to Administrative Agent of (i) the audited annual financial statements of the Sponsor for the year ending December 31, 2023, and (ii) an unaudited pro forma balance sheet of each Borrower and each Project Company.