Panhandle Holdco definition

Panhandle Holdco shall have the meaning set forth in Part I of Appendix C.
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Panhandle Holdco shall have the meaning set forth in Part I of Appendix C. “Pay Down Amount” shall have the meaning set forth in Part VI of Appendix B. “Permitted Lien” means: (a) a charge or lien arising in favor of a Governmental Authority by operation of statute unless there is default in payment of money secured by that charge or lien; (b) any lien for Taxes not yet due or delinquent or being contested in good faith; (c) any mechanics’, workmen’s or other like lien arising in the ordinary course of business; (d) any retention of title arrangement undertaken in the ordinary course of business; (e) any lien, deposit or pledge existing on the date of the Agreement or the Closing Date with regard to the Acquired Interests, the Project Company, any Seller Affiliate or any of their assets disclosed in the disclosure schedules to this Agreement; (f) defects, easements, rights of way, restrictions, irregularities, encumbrances (other than for borrowed money) and clouds on title and statutory liens that do not (and upon enforcement thereof will not) materially impair the value or use by the Project Company of the real property rights affected or are otherwise listed in the Title Policy
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Panhandle Holdco is defined in the preamble.
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Examples of Panhandle Holdco in a sentence

  • The Project Company is classified as a partnership for federal Tax purposes and Panhandle Wind Holdings LLC, Panhandle Holdco and Panhandle B Member LLC are classified as disregarded entities for federal Tax purposes.

  • Following the restructuring and capital contributions made by certain tax equity investors (the “Tax Equity Investors”), (1) Panhandle B Member 2 LLC holds 100% of the Class B membership interests in Panhandle Holdco and (2) the Tax Equity Investors hold 100% of the Class A membership interests in Panhandle Holdco.

  • Immediately after the PH2 Closing, the membership interests in Panhandle Holdco were, pursuant to agreements separate from the PH2 PSA, restructured into Class A and Class B membership interests.

  • Each of the representations by the Class B Member (as defined in the ECCA pursuant to Section 3.5 of the ECCA, for this purpose treating each reference therein to Panhandle Holdco as if it was a reference to Panhandle Holdco and Panhandle B Member 2 LLC, is true and correct at and as of the date hereof and the Closing Date as if made at and as of such dates (other than any representations or warranties that are made as of a specific date, which shall be true and correct as of such date).

Related to Panhandle Holdco

  • Holdco has the meaning set forth in the Preamble.

  • Direct holdings means all publicly traded securities of a company that are held directly by the state treasurer or a retirement system in an actively managed account or fund in which the retirement system owns all shares or interests.

  • MLP has the meaning given such term in the introduction to this Agreement.

  • CFC Holdco means any Domestic Subsidiary that has no material assets other than Equity Interests of one or more Foreign Subsidiaries that are CFCs.

  • OpCo has the meaning set forth in the Preamble.

  • Indirect holdings means all securities of a company that are held in an account or fund, including a mutual fund, that is managed by one or more persons who are not employed by the state treasurer or a retirement system, if the state treasurer or retirement system owns shares or interests either:

  • Acquisition Subsidiary shall have the meaning ascribed to it in the preamble hereto.

  • Partnership Subsidiary means Host LP and any partnership, limited liability company, or other entity treated as a partnership for federal income tax purposes or disregarded as a separate entity for federal income tax purposes in which either Host REIT or Host LP owns (or owned on or after January 1, 1999) an interest, either directly or through one or more other partnerships, limited liability companies or other entities treated as a partnership for federal income tax purposes or disregarded as a separate entity for federal income tax purposes (whether or not Host REIT or Host LP has a controlling interest in, or otherwise has the ability to control or direct the operation of, such entity). Notwithstanding the foregoing, the term “Partnership Subsidiary” shall not in any way be deemed to include the Non-Controlled Subsidiaries or subsidiaries thereof, the Taxable REIT Subsidiaries or subsidiaries thereof, or the Subsidiary REITs or subsidiaries thereof.

  • Financing Subsidiary means an SPE Subsidiary or an SBIC Subsidiary.

  • General Partnership Interest means a Partnership Interest held by the General Partner that is a general partnership interest.

  • Holdings as defined in the preamble hereto.

  • Subsidiary Partnership means any partnership of which the partnership interests therein are owned by the General Partner or a direct or indirect subsidiary of the General Partner.

  • New Parent shall have the meaning assigned to such term in the definition of the term “Change in Control”.

  • Project Financing Subsidiary means any Restricted Subsidiary of the Borrower (or any other Person in which Borrower directly or indirectly owns a 50% or less interest) whose principal purpose is to incur Project Financing or to become an owner of interests in a Person so created to conduct the business activities for which such Project Financing was incurred, and substantially all the fixed assets of which Subsidiary or Person are those fixed assets being financed (or to be financed) in whole or in part by one or more Project Financings.

  • Borrower Partnership Agreement means the Limited Partnership Agreement of the Borrower dated as of January 17, 2014 as such agreement may be amended, restated, modified or supplemented from time to time with the consent of the Administrative Agent or as permitted under Section 10.10.

  • mixed financial holding company means a mixed financial holding company as defined in point (21) of Article 4(1) of Regulation (EU) No 575/2013;

  • Intermediate Holdco as defined in the preamble to this Agreement.

  • New Holdco means the direct or indirect Subsidiary of the Ultimate Parent following the Post-Closing Reorganizations.

  • Foreign Subsidiary Holding Company means any Domestic Subsidiary that is a direct parent of one or more Foreign Subsidiaries and holds, directly or indirectly, no other assets other than Equity Interests of Foreign Subsidiaries and other de minimis assets related thereto.

  • Atlas means Automated Transportation Logistics Activity System. ATLAS is a computerized information system to which all Shippers have access upon request. ATLAS enables Shippers to nominate and release product and to monitor and coordinate the movement of Petroleum Products while on Carrier's system.

  • lone parent means a person who has no partner and who is responsible for and a member of the same household as a child or young person;

  • Ultimate Parent Entity means a Constituent Entity of an MNE Group that meets the following criteria:

  • Foreign Subsidiary Holdco means any Guarantor Subsidiary designated as a Foreign Subsidiary Holdco by the Company, so long as such Subsidiary has no material assets other than securities, indebtedness or receivables of one or more Foreign Subsidiaries (or Guarantor Subsidiaries thereof), intellectual property relating solely to such Foreign Subsidiaries (or Guarantor Subsidiaries thereof) and/or other assets (including cash and cash equivalents) relating to an ownership interest in any such securities, indebtedness, intellectual property or Guarantor Subsidiaries.

  • Holdings LLC Agreement means the Amended and Restated Limited Liability Company Agreement of Holdings dated as of the Closing Date.

  • Subsidiary means a “subsidiary corporation,” whether now or hereafter existing, as defined in Section 424(f) of the Code.

  • CERC means Central Electricity Regulatory Commission.