Definition of WPS Operating Agreement


WPS Operating Agreement means the amended and restated operating agreement of WPS dated as of June 29, 2012, between Algonquin Power Fund (America) Inc. and Gamesa Energy USA, LLC., as the same may be amended, restated, supplemented or otherwise modified from time to time;

Examples of WPS Operating Agreement in a sentence

The Borrower shall, directly or indirectly, (i) legally and beneficially own no less than fifty-one percent (51%) of the issued and outstanding voting Capital Stock of WPS and (ii) be entitled to receive, at all times, distributions, of any type whatsoever, payable to it from and with respect to WPS in at least the same percentage and amount of any gross distributions as set out, without adjustment, in the WPS Operating Agreement in effect on June 29, 2012.