Financing Plan. The Company shall have a Financing Plan prepared which shall include such provisions as the Company may determine consistent with its commercial requirements and Good Industry Practice. The Company shall be responsible for raising all of the financing necessary to implement the Financing Plan for the Project.
Financing Plan. 1. Explain developer’s manner of financing (e.g. project financing, balance sheet financing, utility tax equity investment, etc.).
Financing Plan. During the transition phases of this merger, the parties agree to inform each other of major purchases and expenditures; however, the parties will maintain separate financing structures until the merger is complete.
Financing Plan. Certain Partnership plans, as approved by unanimous actions of the Partnership Governance Committee, setting forth the Partnership's funding requirements for the Capital Budget and the sources of funds to finance such requirements.
Financing Plan. Subcontractor shall submit a financing plan for the CREF(s) or Project(s) being installed under this Subcontract, along with letters of commitment from financiers (third-party investors or lenders), where applicable, specifying at a minimum:
Financing Plan. A description of the sources and uses of public and private funds for the construction of necessary public and private infrastructure and of necessary structures and improvements to serve the Project
Financing Plan. The financing plan for the Investment Program is summarized below. Details are set out in Schedule 1 hereto. Financing Sources $ Million % Domestic Financiers 1,345 44.8 Asian Development Bank 620 20.7 Department for International Development 35 1.2 Private Investors 100 3.3 Internal Funds 600 20.0 Government of Madhya Pradesh 300 10.0 Total Funding 3,000 100.0 Sources: ADB staff estimate Financing Terms ADB will provide loans to finance subprojects under the Roadmap and Investment Program (Subprojects), as and when the latter are ready for financing; provided INDIA is in agreement with the understandings hereunder, and the Subprojects proposed for financing are in line with those same understandings. Each loan will constitute a tranche. Each tranche may be financed under terms different from the financing terms of previous tranches. The choice of financing terms will depend on the Subproject, capital market conditions, and ADB’s financing policies that are prevailing at the time the tranche is formalized in a legal agreement. Tranches may be provided in sequence or simultaneously, and some may overlap in time with each other. Each individual tranche will be for an amount of not less than $40 million (with an exception of non-physical investment component for which the minimum loan amount will be $5 million), or its equivalent. ADB will review the PFR[s] and, if found satisfactory, prepare the related legal agreements. Commitment charges are not payable on the MFF. They are payable only on financing actually committed by ADB as a loan. ADB rules on commitment charges, which are in effect when a tranche is provided, will apply with respect to each tranche. Amount The maximum financing amount available under the MFF is $620 million (six hundred twenty million US dollars). It will be provided in individual tranches from ADB’s Ordinary Capital Resources.1 Availability Period The last date on which any disbursement under any tranche may be made will be 31 December 2014. The last financing tranche is expected to be executed not later than 31 December 2010. Terms and Conditions INDIA will cause the proceeds of each tranche to be applied to the financing of expenditures of the Roadmap and Investment Program in accordance with conditions set forth in this FFA and the legal agreements for each tranche. Execution Madhya Pradesh Power Transmission Company Limited (TRANSCO); Madhya Pradesh Madhya Kshetra Vidyut Vitaran Company Limited (DISCOM–C); Madhya Pradesh Poorv K...
Financing Plan. The financing plan for the Investment Program is summarized below. Financing Source Total ($ million) Share of Total (%) Asian Development Bank 453 67 Cofinancing 114 17 Government of Sri Lanka 108 16 Total (Investment Program) 675 100 Financing Terms ADB will provide loans to finance projects under the Investment Program, as and when the projects are ready for financing, provided, Sri Lanka is in compliance with the understandings hereunder, and the projects are in line with those same understandings. Each loan will constitute a tranche. Each tranche may be financed under terms different from the financing terms of previous or subsequent tranches. The choice of financing terms will depend on the project, capital market conditions, and ADB’s financing policies, all prevailing on the date of signing the legal agreements for such tranche. Tranches may be provided in sequence or simultaneously, and some may overlap in time with each other. Commitment charges or guarantee fees are not payable on the Facility. They are payable only on financing actually committed by ADB as a loan or guarantee. ADB rules on commitment charges and guarantee fees, which are in effect when the legal agreements are signed for a tranche, will apply with respect to such tranche.
Financing Plan. Both Manager and the UG, each acting in its own respective sole discretion, shall have the right to terminate this Agreement on or before the Condition Date, unless Manager and the UG have, on or before the Condition Date, each respectively approved of the sources of, and all terms and provisions respecting, financing for the Grocery Store (collectively, the "Financing Plan"), including, without limitation, (a) the sources and uses for financing the construction of the Grocery Store Improvements, (b) the amount of the Total Project Costs, and (c) all other financial aspects of the Grocery Store, including but not limited to the timely approval by the UG of a pro forma statement of profits and losses for the Grocery Store prepared by Manager.
