Common use of Financial Model Update Clause in Contracts

Financial Model Update. Upon delivery of the Reinstatement Plan, Project Co will amend the Financial Model based on the following assumptions: (a) that the Reinstatement Plan will be effected in accordance with its terms; (b) that the payments under the Senior Financing Agreements (including any amendments agreed between Project Co and the Senior Lenders in connection with the Reinstatement Plan in respect of which a consent request has been submitted to the Authority) to be paid during the period of the Reinstatement Plan will be met without any rescheduling; and (c) that payments in respect of any Change comprised in the Reinstatement Plan will be determined in accordance with Schedule 6 [Changes, Minor Works and Innovation Proposals], and will deliver the updated Financial Model to the Authority for its approval, not to be unreasonably withheld or delayed.

Financial Model Update. ‌ Upon delivery of the Reinstatement Plan, Project Co will amend the Financial Model based on the following assumptions: (a) that the Reinstatement Plan will be effected in accordance with its terms; (b) that the payments under the Senior Financing Agreements (including any amendments agreed between Project Co and the Senior Lenders in connection with the Reinstatement Plan in respect of which a consent request has been submitted to the Authority) to be paid during the period of the Reinstatement Plan will be met without any rescheduling; and (c) that payments in respect of any Change comprised in the Reinstatement Plan will be determined in accordance with Schedule 6 [Changes, Minor Works and Innovation Proposals], and will deliver the updated Financial Model to the Authority for its approval, not to be unreasonably withheld or delayed.

Financial Model Update. Upon delivery of the Reinstatement Plan, Project Co will amend the Financial Model based on the following assumptions: (a) that the Reinstatement Plan will be effected in accordance with its terms; (b) that the payments under the Senior Financing Agreements (including any amendments agreed between Project Co and the Senior Lenders in connection with the Reinstatement Plan in respect of which a consent request has been submitted to the AuthorityProvince) to be paid during the period of the Reinstatement Plan will be met without any rescheduling; and (c) that payments in respect of any Change comprised in the Reinstatement Plan will be determined in accordance with Schedule 6 [Changes, Minor Works and Innovation Proposals], and will deliver the updated Financial Model to the Authority Province for its approval, not to be unreasonably withheld or delayed.

Financial Model Update. Upon delivery of the Reinstatement Plan, Project Co will amend the Financial Model based on the following assumptions: (a) that the Reinstatement Plan will be effected in accordance with its terms; (b) that the payments under the Senior Financing Agreements (including any amendments agreed between Project Co and the Senior Lenders in connection with the Reinstatement Plan in respect of which a consent request has been submitted to the Authority) to be paid during the period of the Reinstatement Plan will be met without any rescheduling; and; (c) that payments in respect of any Change comprised in the Reinstatement Plan will be determined in accordance with Schedule 6 [Changes, Minor Works and Innovation Proposals], ; and will deliver the updated Financial Model to the Authority for its approval, not to be unreasonably withheld or delayed.

Financial Model Update. Upon delivery of the Reinstatement Plan, Project Co will amend the Financial Model based on the following assumptions: (a) that the Reinstatement Plan will be effected in accordance with its terms; (b) that the payments under the Senior Financing Agreements (including any amendments agreed between Project Co and the Senior Lenders in connection with the Reinstatement Plan in respect of which a consent request has been submitted to the AuthorityOwner) to be paid during the period of the Reinstatement Plan will be met without any rescheduling; and (c) that payments in respect of any Change comprised in the Reinstatement Plan will be determined in accordance with Schedule 6 [Changes, Minor Works and Innovation Proposals], and will deliver the updated Financial Model to the Authority Owner for its approval, not to be unreasonably withheld or delayed.

Financial Model Update. Upon delivery of the Reinstatement Plan, Project Co will amend the Financial Model based on the following assumptions: (a) that the Reinstatement Plan will be effected in accordance with its terms; (b) that the payments under the Senior Financing Agreements (including any amendments agreed between Project Co and the Senior Lenders in connection with the Reinstatement Plan in respect of which a consent request has been submitted to the Authority) to be paid during the period of the Reinstatement Plan will be met without any rescheduling; and (c) that payments in respect of any Change comprised in the Reinstatement Plan will be determined in accordance with Schedule 6 [Changes, Minor Works and Innovation Proposals], and will deliver the updated Financial Model to the Authority for its approval, not to be unreasonably withheld or delayed.