Common use of Financial Information and Project Progress Clause in Contracts

Financial Information and Project Progress. Not less than ten (10) Business Days before such Closing Date, OPIC shall have received (a) all Financial Statements, reports, and other information that the Borrowers, pursuant to Section 6.06, would otherwise be required to furnish to OPIC on or before such Closing Date, and (b) a report, satisfactory to OPIC in form and substance, setting forth in reasonable detail the progress of the Project, including the items described in Section 6.06(c).

Appears in 1 contract

Samples: Loan Agreement

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Financial Information and Project Progress. (a) Not less than ten (10) Business Days before such Closing Date, OPIC shall have received (a) all Financial Statements, reports, and other information that the BorrowersBorrower, pursuant to Section 6.066.05, would otherwise be required to furnish to OPIC on or before such Closing Date, and (b) a report, satisfactory the Borrower shall have satisfied any conditions specified in the ESAP that are required to OPIC in form and substance, setting forth in reasonable detail the progress of the Project, including the items described in Section 6.06(c)be fulfilled on or before such Closing Date.

Appears in 1 contract

Samples: Finance Agreement (Ormat Technologies, Inc.)

Financial Information and Project Progress. Not less than that ten (10) Business Days before such the Closing Date, OPIC shall have received (a) all Consolidated and unconsolidated Financial Statements, reports, and other information that the Borrowers, pursuant to Section 6.06, would otherwise be required to furnish to OPIC on or before such the Closing Date, and (b) a report, satisfactory to OPIC in form and substance, setting forth in reasonable detail the progress of the ProjectCorporate Expansion Plan, including the items described in Section 6.06(c).

Appears in 1 contract

Samples: Loan Agreement (Pricesmart Inc)

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Financial Information and Project Progress. (a) Not less than ten (10) Business Days before such Closing Date, OPIC shall have received (a) all Financial Statements, reports, and other information that the BorrowersBorrower, pursuant to Section 6.066.06 (Financial Statements and Other Information), would otherwise be required to furnish to OPIC on or before such Closing Date, provided, that, the Borrower shall not be required to provide a statement from the Borrower’s auditor required to be provided under Section 6.06(b)(ii) (Financial Statements and (bOther Information) a report, satisfactory to OPIC in form and substance, setting forth in reasonable detail connection with the progress of the Project, including the items described in Section 6.06(c)first Disbursement.

Appears in 1 contract

Samples: Finance Agreement (Ormat Technologies, Inc.)

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