Examples of Xxxxxxx Project Company in a sentence
The introduction chapter provides the reader with a background and problem discussion of the subject mat- ter in order for the reader to create understanding of the subject in the thesis.
Sponsor Sub has the limited liability company power and authority to own, lease and operate its properties and to carry on its business as now Limited Liability Company Agreement of Vivint Solar Xxxxxxx Project Company, LLC being conducted.
Therefore, to the full extent permitted by law, the provisions hereof and the obligations of the Members hereunder Limited Liability Company Agreement of Vivint Solar Xxxxxxx Project Company, LLC shall be enforceable in a court of equity, or other tribunal with jurisdiction, by a decree of specific performance, and appropriate injunctive relief may be applied for and granted in connection therewith.
The shortfall or excess will be grossed up (without duplication for any tax detriment taken into account in calculating when the Target Internal Rate of Return was reached) for income taxes payable thereon assuming an income tax rate equal to the Corporate Tax Rate, calculated by dividing such shortfall or excess Limited Liability Company Agreement of Vivint Solar Xxxxxxx Project Company, LLC by 100% minus such income tax rate (such shortfall or excess increased by the tax gross up, the “Cash Difference”).
Limited Liability Company Agreement of Vivint Solar Xxxxxxx Project Company, LLC Meetings shall be at a reasonable time and place.
The Internal Rate of Return the Class A Members actually achieved will be calculated using the Fixed Tax Assumptions (unless Limited Liability Company Agreement of Vivint Solar Xxxxxxx Project Company, LLC they are incorrect due to breach of a representation or covenant by Sponsor, any Class B Member, Managing Member or any of their Affiliates in the Transaction Documents) and the calculation assumptions and conventions in Section 6.5(c).
Member Loans by Members described in this Section 4.3 shall be repaid on each Distribution Date solely out of Distributable Cash that would otherwise be distributed to Limited Liability Company Agreement of Vivint Solar Xxxxxxx Project Company, LLC Members after any distributions required to be made pursuant to Section 4.1(b) or Section 6.1(a)(i)(A) are made, on a pro rata basis in accordance with the amount each such Member participates in such Member Loans.
No Member will have the right to withdraw capital from the Company or to receive or demand distributions (except as contemplated under Section 4.1(b) and except as to Limited Liability Company Agreement of Vivint Solar Xxxxxxx Project Company, LLC distributions to which it is entitled under ARTICLE VI) or return of its Capital Contributions until the Company is dissolved in accordance with this Agreement and applicable provisions of the Act.
To the extent that the Limited Liability Company Agreement of Vivint Solar Xxxxxxx Project Company, LLC definitions of financial and accounting terms in this Agreement or in any such certificate or other document are inconsistent with the meanings of such terms under GAAP, the definitions contained in this Agreement or in any such certificate or other document shall control.
All suspected violations and Reportable Matters are reported to the Chairman of the Audit Committee at e-mail id ‘whistleblower@kprmill.com’.