Suitable Substitute Project Co definition

Suitable Substitute Project Co has the meaning given to it in the Lenders’ Remedies Agreement;
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Suitable Substitute Project Co means a Person approved by the Authority in accordance with Sections 6.2 and 6.3 as:
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Suitable Substitute Project Co means a Person approved by the Authority (such approval not to be unreasonably withheld or delayed) as:
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Examples of Suitable Substitute Project Co in a sentence

  • The Finance Parties will not transfer or assign any Material Contract except to a Suitable Substitute Project Co in conjunction with a permitted transfer or assignment of the Project Agreement to that Suitable Substitute Project Co in accordance with Section 6.

  • Nothing in this Agreement will be construed as creating a partnership or as constituting the Senior Lenders, the Agent, the Appointed Representative, any other Senior Lenders’ Representative or a Suitable Substitute Project Co as an agent of the Authority.

  • Nothing in this Agreement will be construed as creating a partnership or as constituting the Senior Lenders, the Indenture Trustee, the Appointed Representative, any other Senior Lenders’ Representative or a Suitable Substitute Project Co as an agent of the Authority.

  • Nothing in this Agreement will be construed as creating a partnership or as constituting the Senior Lenders, the Collateral Agent, the Appointed Representative, any other Senior Lenders’ Representative or a Suitable Substitute Project Co as an agent of the Authority.

  • The Secured Parties shall not transfer or assign any Principal Contract except to a Suitable Substitute Project Co in conjunction with a permitted transfer or assignment of the Project Agreement to that Suitable Substitute Project Co in accordance with Part 6 [Senior Lender Replacement of Project Co] of this Agreement.

  • Nothing in this Agreement shall be construed as creating a partnership or as constituting the Senior Lenders, the Lenders’ Agent, the Appointed Representative, any other Senior Lenders’ Representative or a Suitable Substitute Project Co as an agent of the City.

  • The Province shall not unreasonably withhold or delay its decision on whether the proposed transferee is a Suitable Substitute Project Co.

  • The Senior Lenders shall not transfer or assign any Project Contract except to a Suitable Substitute Project Co in conjunction with a permitted transfer or assignment of the Project Agreement to that Suitable Substitute Project Co in accordance with Section 6.

  • The Finance Parties will not transfer or assign any Material Project Contract except to a Suitable Substitute Project Co in conjunction with a permitted transfer or assignment of the Project Agreement to that Suitable Substitute Project Co in accordance with Section 6 [Senior Lender Replacement of Project Co].

  • Nothing in this Agreement will be construed as creating a partnership or as constituting the Senior Lenders, the Agent, the Appointed Representative, any other Senior Lenders’ Representative or a Suitable Substitute Project Co as an agent of the Owner.


More Definitions of Suitable Substitute Project Co

Suitable Substitute Project Co means a Person approved by the Province in accordance with Sections 6.2 and 6.3 as:
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Suitable Substitute Project Co means a person:‌
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Suitable Substitute Project Co means a Person approved by the Authority in accordance with Sections 6.2 [Authority Consent] and 6.3 [Withholding of Consent] as:
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Suitable Substitute Project Co means a Person approved by the Owner in accordance with Sections
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Related to Suitable Substitute Project Co

  • Substitute Property shall have the meaning set forth in Section 2.6 hereof.

  • Qualified project means the construction or expansion of any capital project of the Borrower or any of its Restricted Subsidiaries, the aggregate actual or budgeted capital cost of which (in each case, including capital costs expended by the Borrower or any such Restricted Subsidiaries prior to the construction or expansion of such project) exceeds $50,000,000.

  • Contractor-acquired property means property acquired, fabricated, or otherwise provided by the Contractor for performing a contract, and to which the Government has title.

  • The Project Site, where applicable, means the place or places named in the SCC.

  • Environmental Infrastructure Facilities means Wastewater Treatment Facilities, Stormwater Management Facilities or Water Supply Facilities (as such terms are defined in the Regulations).

  • RFP Project Documents means the following documents to be entered into in respect of the Project, by the parties to the respective agreements:

  • Sub-project means a specific development project to be carried out by a Beneficiary utilizing the proceeds of a Sub-loan;

  • Qualified Project Costs means costs paid with respect to the Project that meet each of the following requirements: (i) the costs are properly chargeable to capital account (or would be a so chargeable with a proper election by the Borrower or but for a proper election by the Borrower to deduct such costs) in accordance with general Federal income tax principles and in accordance with United States Treasury Regulations §1.103-8(a)(1), provided, however, that only such portion of the interest accrued during construction of the Project shall be eligible to be a Qualified Project Cost as bears the same ratio to all such interest as the Qualified Project Costs bear to all costs of the construction of the Project; and provided further that interest accruing after the date of completion of the Project shall not be a Qualified Project Cost; and provided still further that if any portion of the Project is being constructed by an Affiliate (whether as general contractor or a subcontractor), Qualified Project Costs shall include only (A) the actual out-of- pocket costs incurred by such affiliate in constructing the Project (or any portion thereof), (B) any reasonable fees for supervisory services actually rendered by such affiliate, and (C) any overhead expenses incurred by such affiliate which are directly attributable to the work performed on the Project, and shall not include, for example, intercompany profits resulting from members of an affiliated group (within the meaning of Section 1504 of the Code) participating in the construction of the Project or payments received by such affiliate due to early completion of the Project (or any portion there); (ii) the costs are paid with respect to a qualified residential rental project or projects within the meaning of Section 142(d) of the Code, (iii) the costs are paid after the earlier of 60 days prior to the date of a declaration of “official intent” to reimburse costs paid with respect to the Project (within the meaning of §1.150-2 of the United States Treasury Regulations) or the date of issue of the Bonds, and (iv) if the costs of the construction of the Project were previously paid and are to be reimbursed with proceeds of the Bonds such costs were (A) costs of issuance of the Bonds, (B) preliminary capital expenditures (within the meaning of United States Treasury Regulations §1.150-2 (F) (2)) with respect to the Project (such architectural, engineering and soil testing services) incurred before commencement of construction of the Project that do not exceed twenty percent (20%) of the issue price of the Bonds (as defined in United States Treasury Regulations §1.148-1), or (C) were capital expenditures with respect to the Project that are reimbursed no later than eighteen (18) months after the later of the date the expenditure was paid or the date the Project is placed in service (but no later than three (3) years after the expenditures is paid).

  • Solar PV Project means the solar Photo Voltaic Power project that uses sunlight for direct conversion into electricity through Photo Voltaic technology.

  • Expansion Project has the meaning set forth in Section IV.3.a of this Agreement.

  • Project Land means any parcel or parcels of land on which the project is developed and constructed by a promoter;

  • Capital Improvement Project means the acquisition, construction, reconstruction, improvement, planning and equipping of roads and bridges, appurtenances to roads and bridges to enhance the safety of animal-drawn vehicles, pedestrians, and bicycles, wastewater treatment facilities, water supply systems, solid waste disposal facilities, and storm water and sanitary collection, storage and treatment facilities including real property, interests in real property, facilities, and equipment related or incidental to those facilities.

  • Qualified Property has the meaning set forth in Section 313.021(2) of the TEXAS TAX CODE and as interpreted by the Comptroller’s Rules and the Texas Attorney General, as these provisions existed on the Application Review Start Date.

  • Project Property means the real property on or for which preconstruction service or construction work is or will be provided.

  • Unimproved Land means land on which no development (other than improvements that are not material and are temporary in nature) has occurred.

  • The Project Plan means the document to be developed by the Supplier and approved by the Purchaser, pursuant to GCC Clause 19, based on the requirements of the Contract and the Preliminary Project Plan included in the Supplier’s bid. The “Agreed and Finalized Project Plan” is the version of the Project Plan approved by the Purchaser, in accordance with GCC Clause 19.2. Should the Project Plan conflict with the Contract in any way, the relevant provisions of the Contract, including any amendments, shall prevail.

  • New Project means (a) each facility or operating location which is either a new facility, location or office or an expansion, relocation, remodeling or substantial modernization of an existing facility, location or office owned by the Borrower or its Subsidiaries which in fact commences operations and (b) each creation (in one or a series of related transactions) of a business unit to the extent such business unit commences operations or each expansion (in one or a series of related transactions) of business into a new market.

  • Redevelopment Project Area means an area designated by the municipality, which is not less in the aggregate than 1 1/2 acres and in respect to which the municipality has made a finding that there exist conditions which cause the area to be classified as an industrial park conservation area or a blighted area or a conservation area, or a combination of both blighted areas and conservation areas.

  • Construction material means an article, material, or supply brought to the construction site by the Contractor or a subcontractor for incorporation into the building or work. The term also includes an item brought to the site preassembled from articles, materials, or supplies. However, emergency life safety systems, such as emergency lighting, fire alarm, and audio evacuation systems, that are discrete systems incorporated into a public building or work and that are produced as complete systems, are evaluated as a single and distinct construction material regardless of when or how the individual parts or components of those systems are delivered to the construction site. Materials purchased directly by the Government are supplies, not construction material.

  • Construction project means the same as that term is defined in Section 38-1a-102.

  • Eligible Project Costs means such portion of the Project costs disbursed and loaned from the OPWC to the Recipient for the sole and express purpose of acquiring, constructing, reconstructing, expanding, improving, engineering and equipping the Project, other direct expenses, and related financing costs thereto.

  • Project site, where applicable, means the place indicated in bidding documents.

  • Project Assets means all physical and other assets relating to and forming part of the Site including:

  • Substitute Improvements means the substitute or additional improvements of the Issuer described in Article V hereof.

  • Loan Property means any property in which the applicable party (or a subsidiary of it) holds a security interest and, where required by the context, includes the owner or operator of such property, but only with respect to such property.

  • Hotel Property means a Property on which there is located an operating hotel.