Project General Partner definition

Project General Partner means Parc Éolien Mont Sainte-▇▇▇▇▇▇▇▇▇▇ Inc.;

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Project General Partner means Crosswinds General Partner, Inc.;

Project General Partner means Parc Éolien Mont Sainte-Marquerite Inc.;

Examples of Project General Partner in a sentence

• Pattern has caused the PAA Provider to provide Administration Services to the Project, the Project Partnership and the Project General Partner, in accordance with any PAA between the PAA Provider and the Project General Partner, on its own behalf and as general partner of the Project Partnership.

• In the event of the sale of all or substantially all of the assets of the Corporation or the Project General Partner, it is the intention of the Parties that the net proceeds of such sale would be distributed to the Shareholders in a tax-efficient manner and in accordance with this Agreement and the Articles.

• The Corporation’s sole business will be to hold shares in the capital of the Project General Partner and act as the sole general partner of the Partnership (the “Business”) and the Project General Partner’s sole business is to act as the sole general partner of the Project Partnership.

• The Project General Partner may, in its discretion, determine the form of such dividend or distribution and, for greater certainty, whether any such distribution should be a return of capital or otherwise.

• For certainty, if the process set forth in Section 2.8(1) ceases to apply, the Corporation may on behalf of itself or on behalf of the Partnership, the Project Partnership or the Project General Partner or Subsidiaries of the Corporation, the Partnership, the Project Partnership or the Project General Partner enter into any New Related Party Contracts without complying with Section 2.8(1).

• The Corporation shall not, and (subject to Section 3.4) the Corporation will, to the extent that it is able to, cause the Project General Partner to not, hold an interest in any Person where such Person is not wholly-owned by the Corporation or the Project General Partner, respectively, except that the Corporation may hold an interest in the Project General Partner and the Project General Partner may hold an interest in the Project Partnership.

• The General Partner shall continue to be a resident of Canada (and the General Partner shall cause the Project General Partner to continue to be a resident of Canada) for the purposes of the Income Tax Act.

• If the Annual Financial Statements are not required to be audited, then PSP shall have the right to request an audit of the Corporation and the Project General Partner, in which case the Corporation shall use commercially reasonable efforts to produce audited Annual Financial Statements, to be prepared (at PSP’s sole cost and expense) in an expeditious manner.

• The books of the Corporation and the Project General Partner will be maintained, for financial reporting purposes, on an accrual basis in accordance with GAAP.

• The General Partner shall not resign or withdraw from the Partnership or be removed as General Partner by the Limited Partners or cause the Project General Partner to resign or withdraw from the Project Partnership or be removed as Project General Partner by the Partnership except with the approval of all of the Limited Partners.

More Definitions of Project General Partner

Project General Partner means SP Belle River Wind GP Inc., a corporation existing under the laws of the Province of Ontario;

Project General Partner means Mont Sainte-▇▇▇▇▇▇▇▇▇▇ Wind Farm Inc., a corporation existing under the laws of the Province of Québec;

Project General Partner means Mont Sainte-Marguerite Wind Farm Inc., a corporation existing under the laws of the Province of Québec;

Project General Partner means SP Belle River Wind GP Inc.;