SoCal Contract definition
SoCal Contract means that Gas Transmission Service Contract between Southern California Gas Company ("SOCAL") and Caterpillar Capital Company dated February 25, 1988, amended March 1, 1992, and assigned by Caterpillar Capital Company to TEC by Consent to Assignment and Agreement, dated August 19, 1994.
SoCal Contract means that certain Turnkey Engineering, Procurement, Construction and Maintenance Agreement dated as of October 21, 2021, as the same may be amended from time to time, and the related purchase orders entered into thereunder, between the Borrower and Southern California Edison, as listed on Schedule 5.20. “SOFR” means, with respect to any applicable determination date, the Secured Overnight Financing Rate published on the fifth U.S. Government Securities Business Day preceding such date by the SOFR Administrator on the Federal Reserve Bank of New York’s website (or any successor source); provided however that if such determination date is not a U.S. Government Securities Business Day, then SOFR means such rate that applied on the first U.S. Government Securities Business Day immediately prior thereto; provided that if SOFR as so determined shall ever be less than the Floor, then SOFR shall be deemed to be the Floor. “SOFR Administrator” means the Federal Reserve Bank of New York, as the administrator of SOFR, or any successor administrator of SOFR designated by the Federal Reserve Bank of New York or other Person acting as the SOFR Administrator at such time. “Solvency Certificate” means a solvency certificate in substantially in the form of Exhibit I. “Southern California Edison” means Southern California Edison Company, a California corporation. “Specified Loan Party” means any Loan Party that is not then an “eligible contract participant” under the Commodity Exchange Act (determined prior to giving effect to Section 10.11). “Specified Shareholders” means any one or more of ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ and his immediate family members and heirs and any trusts for the benefit of the foregoing. “Subordinated Debt Documents” means all instruments, agreements and other documents executed and delivered by the Loan Parties in connection with Subordinated Indebtedness. “Subordinated Indebtedness” means, any Indebtedness of the Core Ameresco Companies incurred after the Closing Date with the consent of the Administrative Agent that by its terms (or by the terms of the instrument under which it is outstanding and to which appropriate reference is made in the instrument evidencing such Subordinated Indebtedness)
SoCal Contract means that certain Turnkey Engineering, Procurement, Construction and Maintenance Agreement dated as of October 21, 2021, as the same may be amended from time to time, and the related purchase orders entered into thereunder, between the Borrower and Southern California Edison, as listed on Schedule 5.20. “SOFR” means, with respect to any applicable determination date, the Secured Overnight Financing Rate published on the fifth U.S. Government Securities Business Day preceding such date by the SOFR Administrator on the Federal Reserve Bank of New York’s website (or any successor source); provided however that if such determination date is not a U.S. Government Securities Business Day, then SOFR means such rate that applied on the first U.S. Government Securities Business Day immediately prior thereto; provided that if SOFR as so determined shall ever be less than the Floor, then SOFR shall be deemed to be the Floor. “SOFR Administrator” means the Federal Reserve Bank of New York, as the administrator of SOFR, or any successor administrator of SOFR designated by the Federal Reserve Bank of New York or other Person acting as the SOFR Administrator at such time. “Solvency Certificate” means a solvency certificate in substantially in the form of Exhibit I. 25
Examples of SoCal Contract in a sentence
The Administrative Agent shall have received true and complete copies, certified by an officer of the Borrower as true and complete, of all agreements listed in Schedule 5.20 requested by the Administrative Agent, including the SoCal Contract.
If the Borrower does not achieve Substantial Completion of the Cathode site project under the SoCal Contract, as defined therein, on or before January 31, 2024, the 1 Note: The payment of $25,000,000 aggregate principal amount of the Delayed Draw Term A Loans, as provided in Section 6(c) of this Amendment, is a condition of the effectiveness of this Amendment.
The proceeds of the Loans will be used only for (i) the refinancing of existing indebtedness, including Indebtedness under the Prior Credit Agreement, (ii) fees and expenses incurred in connection with the transactions contemplated by this Agreement, (iii) financing work under the SoCal Contract, and (iv) for general corporate and working capital purposes of the Loan Parties and their Subsidiaries consistent with the limitations in this Agreement.
More Definitions of SoCal Contract
SoCal Contract means that Gas Transmission Service
SoCal Contract means that certain AMI Equipment, Software and Services Agreement, #5660021654, effective as of June 1, 2011 among Southern California Gas Company and Aclara Technologies LLC, as amended by Amendment No. 1 effective July 31, 2011, Amendment No. 2 effective April 16, 2012, Amendment No. 3 effective June 1, 2012, Amendment No. 4 effective September 24, 2012, Amendment No. 5 effective as of October 1, 2012 Amendment No. 6 effective November 1, 2012, as Amended and Restated effective as of September 1, 2013, as amended by Amendment No. 1 effective as of October 1, 2013, as further amended by that certain letter agreement dated January 15, 2014 and Amendment No. 2 effective as of [_____] and as anticipated to be restated in a Second Restatement, along with any future amendments (subject to Section 4 hereof).
SoCal Contract means that certain Turnkey Engineering, Procurement, Construction and Maintenance Agreement dated as of October 21, 2021, as the same may be amended from time to time, and the related purchase orders entered into thereunder, between the Borrower and Southern California Edison, as listed on Schedule 5.20. “SOFR” means the Secured Overnight Financing Rate as administered by the SOFR Administrator. “SOFR Adjustment” with respect to Daily Simple SOFR means 0.15000% (15.000 basis points); and with respect to Term SOFR means 0.10000% (10.000 basis points) for an Interest Period of one- month’s duration, 0.15000% (15.000 basis points) for an Interest Period of three-month’s duration, and 0.25000% (25.000 basis points) for an Interest Period of six-months’ duration. “SOFR Administrator” means the Federal Reserve Bank of New York, as the administrator of SOFR, or any successor administrator of SOFR designated by the Federal Reserve Bank of New York or other Person acting as the SOFR Administrator at such time. “Solvency Certificate” means a solvency certificate in substantially in the form of Exhibit I. “▇▇▇▇▇” means, with respect to any applicable determination date, the Sterling Overnight Index Average Reference Rate published on fifth Business Day preceding such date on the applicable Reuters screen page (or such other commercially available source providing such quotations as may be designated by the Administrative Agent from time to time); provided that if such day is not a Business Day, then ▇▇▇▇▇ means such rate published on the Business Day immediately prior thereto. “▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇” means, with respect to ▇▇▇▇▇, 0.1193%. “Southern California Edison” means Southern California Edison Company, a California corporation. “Specified Loan Party” means any Loan Party that is not then an “eligible contract participant” under the Commodity Exchange Act (determined prior to giving effect to Section 10.11).