Project SPVs definition

Project SPVs means a company formed by the Company either as a subsidiary, joint-venture or associate company with any person for the purposes of carrying the business of the Company.
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Project SPVs means collectively, PLG, SEPEPL, TKSPL, TRSPL, TNSPEPL, TSEC, TSET, UMD, USUPL, GSP, TSEN, TSEP, TSEG and GGEPL and “Project SPV” shall mean any one of them;
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Examples of Project SPVs in a sentence

  • Course materials shall include the Project SPV's supplied operation and maintenance plans and manufacture manuals.

  • Any Phase I–III Project Financing Equity issued pursuant to this Section 2.1 shall be acquired by MKTY and/or its Affiliates (as applicable) making payment to the appropriate Project SPV(s), as applicable, therefor at the closing with respect to the project financing to which the Phase I–III Project Financing Equity relates.

  • Any Phase II–III Development Equity issued pursuant to this Section 2.2 shall be acquired by MKTY and/or its Affiliates (as applicable) making payment to the appropriate Project SPV(s), as applicable, therefor at the closing with respect to the financing to which the Phase II–III Development Equity relates.

  • Such employees may or may not, at the Project SPV's sole discretion, be seconded to the Project SPV for a specific duration and under terms and conditions to be agreed upon between the Authority and the Project SPV.

  • Further, in accordance with Regulation 20(2) of the SEBI InvIT Regulations, the aggregate consolidated borrowings and deferred payments of the Trust, Holdco and the Project SPV(s), net of cash and cash equivalents shall never exceed 70% of the value of the Trust Assets.

  • Notwithstanding anything else herein to the contrary, HEL shall and shall cause its Affiliates to, absent MKTY consent to the contrary, conduct all Project-specific debt and equity financings and issuances with respect to Phase I of the Project, Phase II of the Project and Phase III of the Project through Project SPVs so as to properly effectuate the purpose and intent of this Agreement.

  • HEL shall, absent MKTY written consent to the contrary, establish two (2) separate Project SPVs to conduct the financing of the wind power generation and data processing components, respectively, of the phase of the Project to which the financing relates.

  • In exercising the Authority's Step-In Right, the Authority shall: (a) cause the O&M Services to be provided by an adequate number of sufficiently qualified personnel; (b) use commercially reasonable efforts to continue to perform all of the Project SPV's obligations under this Agreement; and (c) have no obligation to pay the Project SPV the Annuity Fee or the New Light Payments during the period such Authority's Step-In Right is being exercised.

  • The Non-Transferable Projects, the Required Project Consents and the Deferred Project SPVs identified by Seller as of the date hereof are set forth in Section 2.4 of the Seller Disclosure Schedule.

  • Soluna BC shall, absent MKTY written consent to the contrary, establish two (2) separate Project SPVs to conduct the financing of the wind power generation and data processing components, respectively, of the phase of the Project to which the financing relates.