Operating Project definition

Operating Project means the projects as per the mSCOA Project Segment.

Operating Project as used in this act shall mean any project operated by the Authority or directly

Operating Project means a Project that has achieved Completion.

Examples of Operating Project in a sentence

• In addition, EMYC shall bear all costs and expenses in connection with the performance and completion by Renova’s auditing firm, Deloitte & Touche LLP, of an audit of the Operating Project Companies and their assets in accordance with GAAP.

• For the avoidance of doubt, all fees and expenses that are assessed by third Persons that are giving any Operating Project Consents and Notices shall be borne, subject to the limitation set forth in Section 10.4, by Renova.

• None of the Holdco Subsidiaries has conducted any business other than the ownership of the relevant Operating Project Company Shares.

• As of the Effective Date, each of the Renova Holdcos owns beneficially and of record and holds good and valid title, free and clear of any Liens (except for Permitted Liens), and has full power and authority to convey free and clear of any Liens (except such Liens by applicable securities Laws or Permitted Liens), the Operating Project Company Shares.

• As of the Closing Date, each of the Closing Holdcos will directly own beneficially and of record and will hold good and valid title, free and clear of any Liens (except for the Permitted Liens described in clause (ix) of the definition thereof), and will have full power and authority to convey free and clear of any Liens (except such Liens as are imposed by EMYC or applicable securities Laws or the Permitted Liens described in clause (ix) of the definition thereof), the Operating Project Company Shares.

More Definitions of Operating Project

Operating Project means a project that is funded from operating revenue, is not Capital in nature, and is incorporated into an Operating Program;

Operating Project means any Project which at any time (i) is an income-producing property in operating condition and in respect of which no material part thereof has been (a) damaged by fire or other casualty (unless such damage has been repaired) or (b) condemned (unless such condemnation has been restored), (ii) is a retail, office or industrial property, and (iii) for which a certificate of occupancy, whether temporary or permanent, or the functional equivalent thereof, has been issued for the operating portions of the improvements comprising the same (if required by law to occupy the same) and are in full force and effect, and “Operating Properties” means all such Operating Properties, collectively. An Operating Property shall not include any Assets under Development.

Operating Project as used in this act, means any project owned, in whole or in part, or controlled, directly or indirectly, in whole or in part, or operated, directly or indirectly, by the Medical School, and shall also include, without limitation, parking, utility, and similar essential and related facilities operated by the Medical School or an agent therefor, either for itself or for itself and other health-related entities and

Operating Project as used in this act shall mean any project operated by the Authority or directly controlled by the Authority and shall include, without limitation, parking facilities operated by the Authority or an agent therefor and medical office buildings with respect to which the Authority exercises the normal powers of a landlord. (2000, c. 242)

Operating Project means any project (i) owned, in whole or in part; (ii) controlled, directly or indirectly, in whole or in part; or (iii) operated, directly or indirectly, by the Medical School, including parking, utility, and similar essential and related facilities operated by the Medical School or its agents either for itself or for itself and other health-related entities and institutions on a shared-support basis.

Operating Project means a Project that is, and has completed all performance testing necessary for such Project to meet the requirements for, accruing revenue under the Power Purchase Agreements, tariffs or other similar long-term arrangements.

Operating Project means a Project that is receiving revenue under the power purchase agreements, tariffs or other similar long-term arrangements when acquired by the Borrower in accordance with this Agreement (including through the Borrower’s or a Tax Equity HoldCo’s acquisition of the Sponsor Membership Interests in a Tax Equity JV or Lessee) and becomes such a Project upon the occurrence of the Term Conversion Date for such Project.