Project Subsidiary definition
Project Subsidiary means any Subsidiary of the Company held for the purpose of holding, constructing or acquiring power generation facilities or related or ancillary assets or properties and any Subsidiary of the Company whose assets consist primarily of equity interests in one or more other Project Subsidiaries; provided that a Subsidiary will cease to be a Project Subsidiary if it Guarantees any Indebtedness of the Company other than obligations of the Company related to Project Debt of one or more Project Subsidiaries.
Project Subsidiary means any Subsidiary of the Company whose sole business is the ownership and/ or operation of a Project or Projects and substantially all of the assets of which are associated with or acquired or utilized in such Project.
Project Subsidiary any Subsidiary of the Borrower whose sole business is the ownership and/ or operation of a Project or Projects and substantially all of the assets of which are associated with or acquired or utilized in such Project.
Examples of Project Subsidiary in a sentence
That designation will only be permitted if the Investment would be permitted at that time and if the Restricted Subsidiary or Unrestricted Subsidiary otherwise meets the definition of an Excluded Project Subsidiary.
A Responsible Officer of the Parent Borrower may redesignate any Excluded Project Subsidiary (including, for the avoidance of doubt, any Hurricane Subsidiary) to be a Restricted Subsidiary that is not an Excluded Project Subsidiary or an Unrestricted Subsidiary if that redesignation would not cause a Specified Event of Default.
More Definitions of Project Subsidiary
Project Subsidiary means any Subsidiary of the Company held for the purpose of holding, leasing, developing, constructing or acquiring energy generating, transmission or distribution assets, or assets related thereto, or any other power or energy facility or any assets related thereto, and any Subsidiary of the Company whose assets consist primarily of equity interests in one or more other Project Subsidiaries; provided that a Subsidiary will cease to be a Project Subsidiary if it Guarantees any Indebtedness of the Company other than obligations of the Company related to Project Debt of one or more Project Subsidiaries.
Project Subsidiary means any Subsidiary:
Project Subsidiary means any Subsidiary of the Issuer or the Guarantor:
Project Subsidiary means any Subsidiary of the Guarantor:
Project Subsidiary means a Subsidiary of the Borrower formed solely for the purpose of acquiring property relating to and the constructing and operating of one or more ethanol plants (but not to exceed two, in the aggregate, for all Project Subsidiaries) financed in whole or in part by Permitted Project Debt.
Project Subsidiary means (a) AquaVenture (BVI) Holdings Limited and Seven Seas Water (BVI) Limited, and (b) each other Subsidiary of the BVI Borrower that is formed or acquired after the Closing Date and is designated a Project Subsidiary by BVI Borrower.
Project Subsidiary any Person other than the Company obligated in respect of any Project Finance Debt.