Base Case Projections; Construction Budget Sample Clauses

Base Case Projections; Construction Budget. The Loan Servicer shall have received, at least thirty days prior to the Financial Closing Date (or such shorter period as may be satisfactory to the Loan Servicer), the following items, certified by the Borrower, which shall be the Borrower's reasonable estimate of the information contained therein: (i) the Base Case Projections, including a computer file containing the Base Case Projections and the underlying models and assumptions and explanations thereto, which Base Case Projections shall provide for a minimum annual Debt Service Coverage Ratio of at least 1.15 to 1 for the period after the Project Completion Date is expected to be achieved until repayment in full of the DOE Guaranteed Loans; and (ii) the Construction Budget.