Project SPE definition

Project SPE means each subsidiary of the Portfolio Companies which is constructing or owns and operates an Approved Project.
Project SPE means each of the entities identified as a “Project Company” as set forth on Schedule 4.5.
Project SPE means an Affiliate of LAEP that has one or more of the same members as LAEP formed solely for the purpose of entering into Ancillary Agreements with respect to a Project, and performing the Work and Services relating to such Project.

Examples of Project SPE in a sentence

  • BREP is the Project SPE for the Phase I Project as such term and concept are used and referenced in the CEA.

  • The total charge for design services by the Project SPE shall not exceed the State of Louisiana fee scale in effect on the Effective Date of the Ancillary Agreements for the Project.

  • The Project SPE shall charge fees for project management services based on the Project’s scale.

  • The insurer shall agree to waive all rights of subrogation against the contracting State Entity, the DOA, and their respective officers, officials, employees and volunteers for losses arising from Work or Services performed by Project SPE under an Ancillary Agreement.

  • The amounts charged by the Project SPE for Operation and Maintenance Services shall be competitive in the market.

  • The Project SPE shall recover its general and administrative costs; provided, however, the total Project SPE charge for general and administrative costs shall not exceed ten percent (10%) of the total Project Costs.

  • The Project SPE shall charge fees for retro- commissioning services based on the Project’s scale.

  • The Project SPE shall use reasonable efforts to utilize ▇▇▇▇▇▇ Initiative sub-contractors in the provision of Work or Services under an Ancillary Agreement as appropriate.

  • The total charge for project management fees and expenses by the Project SPE shall not exceed five percent (5%) of the total Project Costs.

  • For each Project, a Project SPE shall provide the State Entity with a Net Public Benefit assurance pursuant to the requirements of Exhibit “B”.