Common use of Achievement of Financial Closure Clause in Contracts

Achievement of Financial Closure. The SPD agrees and undertakes to duly perform and complete all of the following activities to achieve Financial Closure, at the SPD’s own cost and risk, by the date as on 6 months prior to the SCSD/ extended SCSD: a) The SPD shall make Project financing arrangements and shall provide necessary certificates to SECI in this regard; b) The SPD shall submit the details of all planned/proposed solar panels, and inverters and produce the documentary evidence of the same.

Appears in 4 contracts

Samples: Power Purchase Agreement, Power Purchase Agreement, Power Purchase Agreement

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Achievement of Financial Closure. The SPD agrees and undertakes to duly perform and complete all of the following activities to achieve Financial Closure, at the SPD’s own cost and risk, by the date as on 6 months prior to the SCSD/ extended SCSD: a) The SPD shall make Project financing arrangements and shall provide necessary certificates to SECI in this regard; b) The SPD shall submit the details of all planned/proposed solar panels, and inverters inverters, ESS and produce the documentary evidence of the same.

Appears in 2 contracts

Samples: Power Purchase Agreement, Power Purchase Agreement

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Achievement of Financial Closure. The SPD agrees and undertakes to duly perform and complete all of the following activities to achieve Financial Closure, at the SPD’s own cost and risk, by the date as on 6 (six) months prior to the SCSD/ extended SCSD: a(i) The SPD shall make Project financing arrangements and shall provide necessary certificates to SECI CESC in this regard; b(ii) The SPD shall submit the details of all planned/proposed solar panels, and inverters and produce the documentary evidence of the same.

Appears in 1 contract

Samples: Power Purchase Agreement

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