Subsequent Projects definition

Subsequent Projects has the meaning provided in Section 7.2.
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Subsequent Projects means, collectively, (a) gas-fired electric generation plants (other than the Initial Projects) in, or to be constructed in, the United States, which are or are to be wholly or partially financed by the Facility, owned wholly or partially (as tenants-in-common) or leased (pursuant to a Development Authority Sale/Leaseback) by the Borrower or by any Relevant Subsidiary which is wholly or majority owned by, and is controlled by, the Borrower, including all buildings, structures and improvements, and easements with respect thereto, all alterations thereto or replacements thereof, all fixtures, attachments, appliances, equipment, machinery and other articles attached thereto or used in connection therewith and all parts which may from time to time be incorporated or installed in or attached thereto, all contracts and agreements for the purchase or sale of commodities or other personal property related thereto, all leases of personal property related thereto, and all other real and tangible and intangible personal property related thereto; and (b) each Similar Asset acquired in accordance with Section 5.01(l)(iii) or pursuant to a reinvestment of Sale Proceeds made in accordance with Section 5.01(m); each individually, a "Subsequent Project".
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Subsequent Projects means, collectively, the natural gas-fired power generating plants utilizing commercially accepted technology located on the respective Sites, all as further described in Exhibit G-2 to the Credit Agreement owned or partially owned by a Project Owner, together with all buildings, structures or improvements erected on the respective Sites and the respective Easements with respect to such Sites, all alterations thereto or replacements thereof, all fixtures, attachments, appliances, equipment, machinery and other articles attached thereto or used in connection therewith and all Parts which may from time to time be incorporated or installed in or attached thereto, all contracts and agreements for the purchase or sale of commodities or other personal property related thereto, all leases of real or personal property related thereto, and all other real and tangible and intangible personal property owned by a Project Owner or by an Equipment Finance Company and leased to a Project Owner and placed upon or used in connection with such natural gas-fired power generating plants, whether located upon the respective Sites and Easements or otherwise; each individually, a "Subsequent Project." Borrower may, in its sole discretion and upon written notice to Administrative Agent, amend, modify or supplement Exhibit G-2 to the Credit Agreement in order to add or subtract Subsequent Projects to such Exhibit.
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Examples of Subsequent Projects in a sentence

  • Cause, within 24 months after the Closing Date, not less than two wholly owned Subsequent Projects or three wholly or partially owned Subsequent Projects to become Funded Subsequent Projects in accordance with this Agreement.

  • Based on our review of the information made available to us by the Borrower on the Subsequent Project(s) as of the date of the Report, we have noted, among other things as set forth in the Report, certain observations and have arrived at certain conclusions regarding the design, technical provisions of the agreements and other aspects of the Subsequent Project(s) as set forth below.

  • In connection with the preparation of the Report, personnel of the Independent Engineer have participated in meetings or telephone discussions with representatives of the Borrower[, counsel to the Borrower, the Agent, and counsel to the Agent] in regard to the Subsequent Project(s).

  • In the reasonable opinion of Borrower, as of the date delivered the textual material accompanying the Base Case Project Projections for the Initial Projects and the Funded Subsequent Projects discloses all information reasonably necessary for an understanding of the Base Case Project Projections, and does not contain any material misstatements or omit any information which, in conjunction with other information given, would be necessary to make such information not materially misleading.

  • Concurrently with the first Borrowing in respect of each Subsequent Project, Borrower shall pay to Administrative Agent, for the benefit of the Banks, an activation fee (the "Activation Fee") equal to the product of (a) 0.25% times (b) the total amount of Project Costs in respect of such Subsequent Project less any Contributions by Calpine previously applied to pay Project Costs for such Subsequent Project as reflected in such Subsequent Project's Project Budget.

  • Documents in effect with respect to the Initial Projects or the Funded Subsequent Projects as of such date have been delivered to Administrative Agent by Borrower.

  • In the event such Turbine Purchase Credit Event occurs after the second anniversary of the Closing Date, at least three Subsequent Projects and all Initial Projects shall be Funded Projects.

  • Of such Funded Subsequent Projects, (i) at least two Funded Subsequent Projects (whether wholly owned or partially owned) may not be Additional Subsequent Projects and (ii) the first Subsequent Project (whether wholly owned or partially owned) to become a Funded Subsequent Project may not be an Additional Subsequent Project.

  • Promptly comply, or cause compliance, in all material respects, with all Legal Requirements relating to Borrower, the Initial Projects or the Subsequent Projects, including Legal Requirements relating to pollution control, environmental protection, equal employment opportunity or employee benefit plans, ERISA Plans and employee safety, with respect to Borrower and each such Project, and make such alterations to such Projects and Sites as may be required for such compliance.

  • No Portfolio Entity is in default under any material term of any Operative Document relating to the Initial Projects, the Funded Subsequent Projects, the Turbines assigned to Initial Projects (as set forth on Exhibit G-3) or the Funded Turbines or any agreement relating to any obligation of any Portfolio Entity for or with respect to borrowed money, and to the best of Borrower's knowledge, no other party to any Project Document or Turbine Purchase Contract is in default thereunder.


More Definitions of Subsequent Projects

Subsequent Projects has the meaning provided in Section 7.3; provided, the aggregate capacity of all Subsequent Project(s) shall not exceed one hundred eighty (180) MWs, unless mutually agreed by the Parties.
Sample 1
Subsequent Projects means, collectively, the combined-cycle power generating facilities (or other generating facilities approved by the Required Banks) described in Appendices G- 1E through G-1S to the Credit Agreement owned or partially owned by Borrower and which use modern, commercially accepted gas-fired technology, together with all buildings, structures or improvements and Easements with respect thereto, all alterations thereto or replacements thereof,
Sample 1

Related to Subsequent Projects

  • Development Project means a project for the development of land within a project area.

  • Pilot project means an innovative environmental project that covers one or more designated facilities, designed and implemented in the form of an EMSA. (See Section 52.3 of the Act.)

  • Development Property means a Property currently under development for use as an office or industrial building that has not become a Stabilized Property, or on which the improvements (other than tenant improvements on unoccupied space) related to the development have not been completed, provided that such a Development Property on which all improvements (other than tenant improvements on unoccupied space) related to the development of such Property have been completed for at least twelve (12) months shall cease to constitute a Development Property notwithstanding the fact that such Property has not become a Stabilized Property.

  • Project Completion Date means the date on which the Completion Certificate is issued;