Project Holdco definition

Project Holdco means a wholly-owned Domestic Subsidiary of Borrower that is a Guarantor and 100% of the Equity Interests of which have been pledged to the Collateral Agent under the Pledge and Security Agreement.

Project Holdco has the meaning set forth in the recitals to this Participation Agreement.

Project Holdco means the Japanese Holdco and any other entity which is owned to at least seventy (70) per cent. by the Issuer and incorporated (or acquired as an off the shelf company) for the purpose of making Project Investments.

Examples of Project Holdco in a sentence

• The Agent shall upon receipt of a duly executed Project Investment Certificate instruct the account bank to transfer the amount of the Project Investment from the Proceeds Account for payment in accordance with the Project Investment Certificate (which, for the avoidance of doubt, may be transferred directly (i) to the Project Holdco for immediate disbursement by the Project Holdco to the relevant Project Entity or (ii) to the relevant Project Entity in accordance with the Project Investment Certificate).

• Functional group tolerance in organocatalytic regioselective acylation of carbohydrates.

• The Issuer (or any Project Holdco) shall ensure that each Project Entity adheres to the Project Entity Provisions by including such provisions in each Project Equity Investment SHA, Project Loan Entity Investment SHA, Project Minority Equity Investment SHA or Project Loan and use its best efforts to enforce such provisions.

• As of the Effective Date and through the period ending immediately prior to the Document Closing, (i) Sponsor Investor will own 100% of the issued and outstanding Equity Interests of Master Holdco, (ii) Master Holdco will own 100% of the issued and outstanding Equity Interests of Project Holdco, and (iii) Project Holdco will own 100% of the issued and outstanding Equity Interests of the Project Company.

• The Issuer (and each Project Holdco) may use the funds standing to the Proceeds Account to make Project Investments.

More Definitions of Project Holdco

Project Holdco means the Japanese Holdco and any other entity which is wholly owned by the Issuer and incorporated (or acquired as an off the shelf company) for the purpose of making Project Investments.

Project Holdco has the meaning assigned to it in Section 5.2;

Project Holdco means (a) from the Closing Date until the Post-IPO Reorganization, a wholly-owned Domestic Subsidiary of Borrower and (b) from and after the Post-IPO Reorganization, a wholly-owned Subsidiary of Borrower or a wholly-owned Guarantor Subsidiary of which, in each case, (i) 100% of the Equity Interests have been pledged to the Collateral Agent under the Collateral Documents and (ii) such Project Holdco shall be organized in an Approved Jurisdiction.

Project Holdco means each of OFC, OrCal, OrHeber 1, OrMammoth, ORNI 1, ORNI 2, ORNI 7, ORNI 44, and Heber Field, in each case, as defined in the Contribution Agreement.

Project Holdco means any direct Wholly Owned Subsidiary of Holdings acquired or organized by Holdings solely in connection with the ownership and operation of a Permitted Project, including RSFC, LLC; provided that, for the avoidance of doubt, none of the Borrower or any of its subsidiaries shall be a Project Holdco.

Project Holdco means a direct, wholly-owned Domestic Subsidiary of Borrower that is a Guarantor and 100% of the Equity Interests of which have been pledged to the Collateral Agent under the Pledge and Security Agreement.

Project Holdco means a wholly-owned Domestic Subsidiary of Borrower that is a Guarantor and 100% of the Equity Interests of which have been pledged to the Collateral Agent under the Pledge and Security Agreement. The Project Holdcos as of the Second Amendment Effective Date are the New Guarantors. B. The definition of “Closing Date Project Holdco” appearing in the definition of “Permitted M&A Transaction” appearing in Section 1.1 of the Credit Agreement is hereby amended and restated to mean as follows: “Closing Date Project Holdco” means a Project Holdco (other than any Unrestricted Subsidiary) in existence on the Second Amendment Effective Date. C. Section 1.1 of the Credit Agreement is hereby amended by adding the following definitions in proper alphabetical sequence: “Interest Support Payments” means, for the applicable period, cash contributions to Holdings from SunEdison pursuant to the Interest Payment Agreement that were included in the calculation of CAFD for the applicable period pursuant to clause (vi) of the definition thereof, excluding any such cash contributions in respect of interest on amounts not remitted to Holdings when due under the Interest Payment Agreement. “New Guarantors” has the meaning ascribed to such term in the Second Amendment. “Pledged Holdco” means a wholly-owned Domestic Subsidiary of a Project Holdco that is not a Guarantor and 100% of the Equity Interests of which have been pledged by a Project Holdco to the Collateral Agent under the Pledge and Security Agreement; provided that no Project Holdco shall own more than one Pledged Holdco. The Pledged Holdcos as of the Second Amendment Effective Date are the Released Guarantors. “Released Guarantors” has the meaning ascribed to such term in the Second Amendment. “Second Amendment” means that certain Second Amendment to Credit and Guaranty Agreement dated as of August 11, 2015 by and among Holdings, the Borrower, the other Credit Parties party thereto, the Administrative Agent, the Lenders party thereto and the other Persons party thereto. “Second Amendment Effective Date” has the meaning ascribed to such term in the Second Amendment. D. Section 2.24 of the Credit Agreement is hereby amended by replacing “$175,000,000” appearing therein with “$450,000,000”. E. Section 2.24 of the Credit Agreement is hereby amended by amending and restating the third sentence thereof to read as follows: “Each such notice shall specify (A) the date (each, an “Increased Amount Date”) on which Borrower propose...