Common use of Financial Feasibility Clause in Contracts

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.

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 to: applicable financial ratios, geographic location, 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, fees and any other charges for all loans financing the project must not exceed a market rate of interest, points, fees, fees and other charges for loans of similar maturity, terms, 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, developer or other party providing significant support to the project.

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 to: applicable financial ratios, geographic location, 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, fees and any other charges for all loans financing the project must not exceed a market rate of interest, points, fees, fees and other charges for loans of similar maturity, terms, 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, developer or other party providing significant support to the project.

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, 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, fees and any other charges for all loans financing the project must not exceed a market rate of interest, points, fees, fees and other charges for loans of similar maturity, terms, 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, developer or other party providing significant support to the project.

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 to: applicable financial ratios, geographic location, 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, fees and any other charges for all loans financing the project must not exceed a market rate of interest, points, fees, fees and other charges for loans of similar maturity, terms, 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, including those affecting the financial condition of the Project Sponsor, developer, developer or other party providing significant support to the project.

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-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.