Common use of Financing Arrangement Clause in Contracts

Financing Arrangement. (a) The Concessionaire shall at its cost, expenses and risk make such financing arrangement as would be necessary to finance the Project and to meet its obligations under this Agreement in a timely manner. (b) In the event of the Concessionaire employing the funds borrowed from the Lenders to finance the Project, the provisions relating to Lenders including those relating to Financial Close and Substitution Agreement shall apply. (c) The Concessionaire shall within 7 days of achieving Financial Close submit to NGS one set of Financing Documents evidencing Financial Close.

Appears in 2 contracts

Samples: Concession Agreement, Concession Agreement

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Financing Arrangement. (a) The Concessionaire shall at its cost, expenses and risk make such financing arrangement as would be necessary to finance the Project and to meet its obligations under this Agreement in a timely manner. (b) In the event of the Concessionaire employing the funds borrowed from the Lenders to finance the Project, the provisions relating to Lenders including those relating to Financial Close and Substitution Agreement Clause shall apply. (c) The Concessionaire shall within 7 days of achieving Financial Close submit to NGS one set of Financing Documents evidencing Financial Close.

Appears in 1 contract

Samples: Concession Agreement

Financing Arrangement. (a) The Concessionaire shall at its cost, expenses and risk make such financing arrangement as would be necessary to finance the Project and to meet its obligations under this Agreement in a timely manner. (b) In the event of the Concessionaire employing the funds borrowed from the Lenders to finance the Project, the provisions relating to Lenders including those relating to Financial Close and Substitution Agreement shall apply. (c) The Concessionaire shall within 7 days of achieving Financial Close submit to NGS BRBN one set of Financing Documents evidencing Financial Close.

Appears in 1 contract

Samples: Concession Agreement

Financing Arrangement. (a) The Concessionaire shall at its cost, expenses and risk make such financing arrangement as would be necessary to finance the Project and to meet its obligations under this Agreement in a timely manner. (b) In the event of the Concessionaire employing the funds borrowed from the Lenders to finance the Project, the provisions relating to Lenders including those relating to Financial Close and Substitution Agreement shall apply. (c) The Concessionaire shall within 7 days of achieving Financial Close submit to NGS ITEL one set of Financing Documents evidencing Financial Close.

Appears in 1 contract

Samples: Concession Agreement

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Financing Arrangement. (a) The Concessionaire shall at its cost, expenses and risk make such financing arrangement as would be necessary to finance the Project and to meet its obligations under this Agreement in a timely manner. (b) In the event of the Concessionaire employing the funds borrowed from the Lenders to finance the Project, the provisions relating to Lenders including those relating to Financial Close and Substitution Agreement shall apply. (c) The Concessionaire shall within 7 days of achieving Financial Close submit to NGS BSCDCL one set of Financing Documents evidencing Financial Close.

Appears in 1 contract

Samples: Concession Agreement

Financing Arrangement. (a) a. The Concessionaire shall at its cost, expenses and risk make such financing arrangement as would be necessary to finance the Project and to meet its obligations under this Agreement in a timely manner. (b) b. In the event of the Concessionaire employing the funds borrowed from the Lenders to finance the Project, the provisions relating to Lenders including those relating to Financial Close and Substitution Agreement shall apply. (c) c. The Concessionaire shall within 7 days of achieving Financial Close submit to NGS JMC one set of Financing Documents evidencing Financial Close.

Appears in 1 contract

Samples: Concession Agreement

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