Examples of Project Entities in a sentence
None of the Project Entities has executed and delivered any powers of attorney or similar documents, except the power of attorney granted to DOE with respect to the Cash Grant and except as provided (i) to its respective directors, agents, representatives and employees in the Ordinary Course of Business, and (ii) in connection with Permitted Liens.
None of the Project Entities has conducted any business other than the business contemplated by the Transaction Documents and such other business as may be related to the Project.
The Issuer shall procure that security is granted over (i) the shares in each acquired Management Entity (including over shares in minority held Management Entities, (ii) all partnership shares in partnerships which are not Project Entities, (iii) all new intercompany loans granted by the Issuer, in each case as continuing Security for the due and punctual fulfilment of the Secured Obligations.
Prior to the Document Closing, Sponsor, upon reasonable prior written notice, shall give to each Investor, during normal business hours access to the books and records of the Project Entities and the offices, properties, employees and personnel.
Except for the Project Documents and Transaction Documents as in effect on the Document Closing Date, none of the Project Entities is a party to any of the following, whether or not in the Ordinary Course of Business: (i) any loan commitment to any Affiliate of such Project Entity, (ii) any other contract or agreement with any Affiliate of such Project Entity, or (iii) any agreement requiring the payment of development fees or success fee to any Affiliate of such Project Entity or any other Person.