Financial Feasibility Sample Clauses

Financial Feasibility. − Before funding, the Bank shall also determine whether the project is and continues to be operationally feasible, in accordance with the Bank’s project feasibility guidelines based on factors including but not limited to applicable financial ratios, geographic location, and other non-financial project characteristics. The approved subsidy must be necessary for the financial feasibility of the project and the rate of interest, points, fees, and any other charges for all loans financing the project must not exceed a market rate of interest, points, fees, and other charges for loans of similar maturity, terms, and risk. The Bank is not required to fund the subsidy if it determines, in its discretion, that the project is or will not be financially feasible due to changing market or other conditions including, but not limited to, those affecting the financial condition of the Project Sponsor, developer, or other party providing significant support to the project.
Sample 1Sample 2Sample 3See All (9)
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Financial Feasibility. Providing financial feasibility or special studies.
Sample 1Sample 2Sample 3See All (6)
Financial Feasibility. An opinion on the reliability of the financial projec- tions and the ability of the business to achieve the projected income and cash flow. An assessment of the cost ac- counting system, the availability of short-term credit for seasonal business and the adequacy of raw material and supplies.
Sample 1Sample 2
Financial Feasibility. The Parties acknowledge and agree that the Project’s design and construction will be completed pursuant to the Project Budget in all material respects.
Sample 1
Financial Feasibility. An assurance that sufficient revenues are currently available or will be available from committed funding sources for the first 3 years, or will be available from committed or planned funding sources for years 4 and 5, of a 5-year capital improvement schedule.
Sample 1
Financial Feasibility. The findings of the financial feasibility analysis will be a key factor in formulating recommendations for the City’s inclusionary program regarding: The analysis will focus on: ▪ levels of affordability; ▪ inclusionary percentage obligations; ▪ market performance triggers for the application of inclusionary requirements; ▪ varying requirements by geographic area; ▪ varying requirements by product type; and ▪ magnitude of in-lieu or impact type fees. KMA will evaluate the development economics of residential prototypes identified in Task 1 (project initiation) and Task 2 (market evaluation). The prototypes will include both ownership and rental products and represent a range of product types that are relevant to infill and new growth areas in Sacramento. The analysis will involve examining development costs, home prices/rents, and warranted profit margins for the prototypes, assuming 100% market rate projects. The financial impact of a range of inclusionary obligations and in-lieu fees will then be tested. Pro formas modeling the development economics of each prototype will be prepared and used as a tool to evaluate and test the ability of new residential developments to absorb the cost of alternative affordable housing inclusionary/fee requirements. For cost efficiency, this analysis will build on the pro forma analyses undertaken by BAE to the maximum extent possible. We note that we have seen significant cost changes, mostly downward, over the past eighteen months.
Sample 1
Financial Feasibility. If, after computing the financial impact of plan applicants, it is found that there is a significant cost to the District, the Board will withdraw the incentive for that fiscal year. In that instance, those who had applied may choose to defer their retirement to anytime during the following year and will be given first priority to retire with incentive the following year. The decision by the Board to withdraw the incentive will be made within sixty (60) calendar days or receiving the request for the retirement incentive.
Sample 1
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Financial Feasibility. Phase I Developer represents to Authority that it has determined that Phase I is financially feasible, assuming the availability of the Public Infrastructure Investment pursuant to the Amended DDA, as amended by this Amendment, and the Parking and Hotel Tax Rebates set forth in the Revised MOU, and that Phase I Developer has sources of the required equity and financing sufficient to fund the development of Phase I.
Sample 1
Financial Feasibility. It is acknowledged that the Project’s design and construction will be completed pursuant to a Design Build Agreement with a Guaranteed Maximum Price (“GMP”) and that Tenant desires the Project be completed within the GMP and without change orders. Therefore, provided the UNLV Guidelines and any specific requirements set forth in the Lease, as the case may be, are satisfied, Tenant shall not be required to make any changes based on comments of UNLV (“Discretionary Change”), whether made during the design phase or the construction phase, if such Discretionary Changes are likely to increase the GMP. If Tenant determines changes requested by UNLV may increase the GMP, Tenant shall provide a written objection to UNLV and, upon reasonable written request from UNLV, will provide an explanation of the financial impact of the requested changes. If Landlord desires to proceed with the Discretionary Change or requires additions or changes outside the approved Construction Documents, Landlord shall be responsible for all related costs (including, but not limited to, any delay or scheduling costs and re-design costs), unless such required additions or changes are a result or Tenant’s or General Contractor’s error or omission. In the event of such a request, Xxxxxx agrees to work with Landlord, if possible, to change or reduce other portions of the Project’s scope by mutual agreement in order to support such additions or changes, and Xxxxxx further agrees it will not unreasonably withhold consent. Landlord acknowledges such mutual changes or modifications cannot be made if General Contractor has commenced work on the items that Landlord requests to be changed or if General Contractor has purchased the materials in conformance with the original design.
Sample 1

Related to Financial Feasibility

  • Feasibility Each of the Project Budget, the Project Schedule and the Disbursement Schedule is realistic and feasible.

  • Financial Viability and Regulatory Compliance 2.6.1 Contractor warrants and represents that its corporate entity is in good standing with all applicable federal, state, and local licensing authorities and that it possesses all requisite licenses to perform the services required by this contract. Contractor further warrants and represents that it owes no outstanding delinquent federal, state or local taxes or business assessments. 2.6.2 Contractor agrees to promptly disclose to the MPHA any IRS liens or licensure suspension or revocation that may adversely affect its capacity to perform the services outlined within this contract. The failure by Contractor to disclose such issue to the MPHA in writing within 5 days of such notification received will constitute a material breach of this contract. 2.6.3 Contractor further agrees to promptly disclose to the MPHA any change of more than 50% of its ownership and/or any declaration of bankruptcy that Contractor may undergo during the term(s) of this contract. The failure of Contractor to disclose any change of more than 50% of its ownership and/or its declaration of bankruptcy within 5 days of said actions shall constitute a material breach of this contract. 2.6.4 All disclosures made pursuant to this section of the contract shall be made in writing and submitted to MPHA within the time periods required herein.

  • Financial Forecasts You understand that any financial forecasts or projections are based on estimates and assumptions we believe to be reasonable but are highly speculative. Given the industry, our actual results may vary from any forecasts or projections.

  • Technical Feasibility of String While ICANN has encouraged and will continue to encourage universal acceptance of all top-­‐level domain strings across the Internet, certain top-­‐level domain strings may encounter difficulty in acceptance by ISPs and webhosters and/or validation by web applications. Registry Operator shall be responsible for ensuring to its satisfaction the technical feasibility of the TLD string prior to entering into this Agreement.

  • Investment Analysis and Implementation In carrying out its obligations under Section 1 hereof, the Advisor shall: (a) supervise all aspects of the operations of the Funds; (b) obtain and evaluate pertinent information about significant developments and economic, statistical and financial data, domestic, foreign or otherwise, whether affecting the economy generally or the Funds, and whether concerning the individual issuers whose securities are included in the assets of the Funds or the activities in which such issuers engage, or with respect to securities which the Advisor considers desirable for inclusion in the Funds' assets; (c) determine which issuers and securities shall be represented in the Funds' investment portfolios and regularly report thereon to the Board of Trustees; (d) formulate and implement continuing programs for the purchases and sales of the securities of such issuers and regularly report thereon to the Board of Trustees; and (e) take, on behalf of the Trust and the Funds, all actions which appear to the Trust and the Funds necessary to carry into effect such purchase and sale programs and supervisory functions as aforesaid, including but not limited to the placing of orders for the purchase and sale of securities for the Funds.

  • Risk Analysis The Custodian will provide the Fund with a Risk Analysis with respect to Securities Depositories operating in the countries listed in Appendix B. If the Custodian is unable to provide a Risk Analysis with respect to a particular Securities Depository, it will notify the Fund. If a new Securities Depository commences operation in one of the Appendix B countries, the Custodian will provide the Fund with a Risk Analysis in a reasonably practicable time after such Securities Depository becomes operational. If a new country is added to Appendix B, the Custodian will provide the Fund with a Risk Analysis with respect to each Securities Depository in that country within a reasonably practicable time after the addition of the country to Appendix B.

  • Quantitative Analysis Quantitative analysts develop and apply financial models designed to enable equity portfolio managers and fundamental analysts to screen potential and current investments, assess relative risk and enhance performance relative to benchmarks and peers. To the extent that such services are to be provided with respect to any Account which is a registered investment company, Categories 3, 4 and 5 above shall be treated as “investment advisory services” for purposes of Section 5(b) of the Agreement.”

  • Financial Ability Each of the Buyer Parties acknowledges that its obligation to consummate the transactions contemplated by this Agreement and the Brewery Transaction is not and will not be subject to the receipt by any Buyer Party of any financing or the consummation of any other transaction other than the occurrence of the GM Transaction Closing and, in the case of the Brewery Transaction, the consummation of the transactions contemplated by this Agreement. The Buyer Parties have delivered to ABI a true, complete and correct copy of the executed definitive Second Amended and Restated Interim Loan Agreement, dated as of February 13, 2013, among Bank of America, N.A. (“Bank of America”), JPMorgan Chase Bank N.A. (“JPMorgan”) and CBI (collectively, the “Financing Commitment”), pursuant to which, upon the terms and subject to the conditions set forth therein, the lenders party thereto have committed to lend the amounts set forth therein (the “Financing”) for the purpose of funding the transactions contemplated by this Agreement and the Brewery Transaction. The Buyer Parties have delivered to ABI true, complete and correct copies of the fee letter and engagement letters relating to the Financing Commitment (redacted only as to the matters indicated therein), the Financing Commitment has not been amended or modified prior to the date of this Agreement, and, as of the date hereof, the respective commitments contained in the Financing Commitment have not been withdrawn, terminated or rescinded in any respect. There are no agreements, side letters or arrangements to which CBI or any of its Affiliates is a party relating to the Financing Commitment that could affect the availability of the Financing. The Financing Commitment constitutes the legally valid and binding obligation of CBI and, to the Knowledge of CBI, the other parties thereto, enforceable in accordance with its terms (except as such enforceability may be limited by bankruptcy, insolvency, fraudulent conveyance, reorganization, moratorium and other similar Laws of general applicability relating to or affecting creditors’ rights, and by general equitable principles). The Financing Commitment is in full force and effect and has not been withdrawn, rescinded or terminated or otherwise amended or modified in any respect, and no such amendment or modification is contemplated. Neither CBI nor any of its Affiliates is in breach of any of the terms or conditions set forth in the Financing Commitment, and assuming the accuracy of the representations and warranties set forth in Article 4 and performance by ABI of its obligations under this Agreement and the Brewery SPA, as of the date hereof, no event has occurred which, with or without notice, lapse of time or both, would reasonably be expected to constitute a breach, default or failure to satisfy any condition precedent set forth therein. As of the date hereof, no lender has notified CBI of its intention to terminate the Financing Commitment or not to provide the Financing. There are no conditions precedent or other contingencies related to the funding of the full amount of the Financing, other than as expressly set forth in the Financing Commitment. The aggregate proceeds available to be disbursed pursuant to the Financing Commitment, together with available cash on hand and availability under CBI’s existing credit facility, will be sufficient for the Buyer Parties to pay the Purchase Price hereunder and under the Brewery SPA and all related fees and expenses on the terms contemplated hereby and thereby in accordance with the terms of this Agreement and the Brewery SPA. As of the date hereof, CBI has paid in full any and all commitment or other fees required by the Financing Commitment that are due as of the date hereof. As of the date hereof, the Buyer Parties have no reason to believe that CBI and any of its applicable Affiliates will be unable to satisfy on a timely basis any conditions to the funding of the full amount of the Financing, or that the Financing will not be available to CBI on the Closing Date.

  • FINANCIAL EVALUATION (a) The financial bid shall be opened of only those bidders who have been found to be technically eligible. The financial bids shall be opened in presence of representatives of technically eligible bidders, who may like to be present. The institute shall inform the date, place and time for opening of financial bid. (b) Arithmetical errors shall be rectified on the following basis. If there is a discrepancy between the unit price and total price that is, the unit price shall prevail and the total price shall be corrected by the Institute. If there is a discrepancy between words and figures, the lesser amount shall be considered as valid. If the Supplier does not accept the correction of the errors, his bid shall be rejected. (c) The AIIMS Jodhpur does not bind himself to accept the lowest bid or any bid and reserves the right of accepting the whole or any part of the bid or portion of the job offered; and the bidder shall provide the same at the rates quoted. The AIIMS Jodhpur reserves the right to reject any or all offers received in response to tender or cancel or withdraw the tender notice without assigning any reason, whatsoever.

  • Independent Analysis Each Party hereby confirms that its decision to execute this Agreement has been based upon its independent assessment of documents and information available to it, as it has deemed appropriate.

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