Examples of Verde Companies in a sentence
The Verde Companies contributed revenues of $76.0 million and earnings of $1.2 million to the Company for the year ended December 31, 2017.
By way of reminder, the joint administrators do not expect that any recoveries will be made in respect of the Cape Verde Companies and still have very serious concerns as to why LCF was exposed as a creditor to the Cape Verde Companies for such a significant sum.
Goodwill arose on the acquisitions of the Provider Companies, Verde Companies and Perigee primarily due to the value of their assembled workforce, proprietary sales channels, and/or access to new utility service territories.
The acquisition of the Verde Companies was accounted for under the acquisition method.
We also entered into an agreement to pay an additional amount based on achievement by the Verde Companies of certain performance targets over the 18 month period following closing of the acquisition (the "Verde Earnout").
As of the Agreement Date, the Loan Parties and the other Subsidiaries have performed and are in compliance with all of the terms of such Indebtedness and all instruments and agreements relating thereto, and no default or event of default, or event or condition which with the giving of notice, the lapse of time, or both, would constitute a default or event of default, exists with respect to any such Indebtedness.
Detailed background on the Cape Verde Companies, and the monies owed by them to LCF, can be found in our previous reports.
Nevertheless as with any change in the plant procedures or methodology for evaluation of plant adequacy, the basis for the change should be documented.
On the Formation Date, the applicable Verde Companies will contribute (via license or otherwise) to the Project Company, as part of its initial capital contribution, the applicable Verde Proprietary Technology for no additional consideration.
Valencia Power Plant prepared by the Verde Companies, Inc., dated July 1999.