Solar Star 3 Shared Facilities Agreement definition

Solar Star 3 Shared Facilities Agreement means any shared facilities and/or co-tenancy agreement or agreements or arrangements to which either or both of the Project Companies become a party for the purpose of enabling Solar Star 3, LLC or another controlled affiliate of the Sponsor to obtain access to and utilize the real property or other assets of the Project Companies in connection with the ownership, development, construction, operation and maintenance of any electric generating facility owned by the Solar Star 3, LLC or another controlled affiliate of the Sponsor on land adjacent to, or in the same vicinity as, the Sites on terms and conditions that are reasonably acceptable to the affected Project Company or Project Companies; provided, however, that any such agreement or agreements or arrangements shall have been approved by the Required Lenders, which approval shall not be unreasonably withheld or delayed, in consultation with the Independent Engineer and that the Collateral NY\5800144.17 Agent shall have received a certificate from (x) the Issuer confirmed by the Independent Engineer certifying that (i) that the costs of such Shared Facilities are divided in a manner that reflects the use by each party to such Shared Facilities Agreement and (ii) the Shared Facilities are sufficient to serve the requirements of each of the parties to such Shared Facilities Agreement and (y) the Issuer certifying that (i) such Shared Facilities Agreement does not materially and adversely affect the Projects and (ii) such Shared Facilities Agreement does not materially impair the value of the Collateral.
Sample 1

Examples of Solar Star 3 Shared Facilities Agreement in a sentence

  • The Obligors shall not sell, transfer, convey, lease or otherwise dispose of any assets material to the operation of the Projects other than (x) Permitted Asset Sales, (y) any such sale, transfer, lease or other disposal to another Obligor (subject to the maintenance of any required security interest in favor of the Secured Parties in any assets that constitute Collateral) or (z) pursuant to the Solar Star 3 Shared Facilities Agreement.

Related to Solar Star 3 Shared Facilities Agreement

  • Senior Facilities Agreement means the senior facilities agreement dated on or about the date hereof executed between, among others, (a) the Original Senior Borrower, (b) the Original Senior Lenders, (c) the Senior Agent and (d) the Security Agent.

  • Facilities Agreement means the facilities agreement, dated as of September 17, 2012, entered into among the Issuer and certain of its Subsidiaries, the financial institutions and noteholders party thereto, Citibank International PLC, as new administrative agent, and the Security Agent, as such agreement may be amended, modified or waived from time to time.

  • Shared Facilities means the gentie lines, transformers, substations, or other equipment, permits, contract rights and obligations, and other assets and property (real or personal), in each case, as necessary to enable delivery of energy from Seller’s electric generating facility (which is excluded from this definition of Shared Facilities) to the Point of Interconnection that are used in common with other entities, as applicable.

  • Clean coal SNG facility means a facility that uses a

  • Commodities Agreement means, in respect of a Person, any commodity futures contract, forward contract, option or similar agreement or arrangement (including derivative agreements or arrangements), as to which such Person is a party or beneficiary.

  • DIP Facilities means the DIP ABL Facility and the DIP Term Loan Facility.

  • Required Facility Documents means all licenses, permits, authorizations, and agreements necessary for construction, operation, interconnection, and maintenance of the Facility including without limitation those set forth in Exhibit B.

  • Pollution control facilities means water and air pollution control equipment and solid waste disposal facilities or any of them.

  • Transit-oriented facility means a facility that houses a transit station in a manner that promotes transit ridership or passenger rail use.

  • Existing Facilities means all existing buildings and other facilities, the sites for the buildings or facilities, and furnishings or equipment for the buildings or facilities located on real property acquired by the building authority under the terms of this act.

  • Refinancing Facility Agreement means a Refinancing Facility Agreement, in form and substance reasonably satisfactory to the Agent, among Holdings, the Borrower, each Subsidiary of the Borrower party to this Agreement, the Agent and one or more Refinancing Lenders, establishing Refinancing Commitments and effecting such other amendments hereto and to the other Loan Documents as are contemplated by Section 2.26.

  • Facilities Study shall be an engineering study conducted by the Transmission Provider (in coordination with the affected Transmission Owner(s)) to: (1) determine the required modifications to the Transmission Provider’s Transmission System necessary to implement the conclusions of the System Impact Study; and (2) complete any additional studies or analyses documented in the System Impact Study or required by PJM Manuals, and determine the required modifications to the Transmission Provider’s Transmission System based on the conclusions of such additional studies. The Facilities Study shall include the cost and scheduled completion date for such modifications, that will be required to provide the requested transmission service or to accommodate a New Service Request. As used in the Interconnection Service Agreement or Construction Service Agreement, Facilities Study shall mean that certain Facilities Study conducted by Transmission Provider (or at its direction) to determine the design and specification of the Customer Funded Upgrades necessary to accommodate the New Service Customer’s New Service Request in accordance with Tariff, Part VI, section 207. Federal Power Act:

  • Facility Agreements means the agreements of that name between the Issuer and different

  • Master Services Agreement means the master services agreement dated as of the date hereof, among the Service Providers, the Partnership, the Holding LP, the Holding Entities and others;

  • Idle facilities means completely unused facilities that are excess to the governmental unit's current needs.

  • Existing Facility means a facility in existence on any given date, newly constructed or altered.

  • Management Fee Subordination Agreement means that certain Amended and Restated Management Fee Subordination Agreement, dated as of the Closing Date, by and between the Sponsor and Agent and acknowledged by the Borrower.

  • Existing Management Agreement means that certain management agreement between the Seller and the Existing Manager for the operation and management of the Hotel.

  • Marihuana facility means a location at which a licensee is licensed to operate under the medical marihuana facilities licensing act.

  • Hotel Management Agreement means any hotel management agreement relating to the management and operation of the Real Property together with all supplements, amendments and modifications thereto.

  • DIP Facility Documents means any notes, certificates, agreements, security agreements, documents, or instruments (including any amendments, restatements, supplements, or modifications of any of the foregoing) related to or executed in connection with the DIP Credit Agreement.

  • Construction Management Agreement means the Construction Management Agreement, dated as of the date of the Common Agreement, between Construction Manager and the Project Company.

  • Authority facilities means the authority's railroad, omni-

  • Bank Facilities means any overdraft limits or credit facility available to you and their associated terms;

  • Sponsor Management Agreement means the management agreement between certain of the management companies associated with the Investors and the Issuer.

  • Facility Agreement means the Facility Agreement referred to in Recital (A).