Financing Plan Sample Clauses
Financing Plan. The Company shall have a Financing Plan prepared which shall include such provisions as the Company may determine consistent with its commercial requirements and Good Industry Practice. The Company shall be responsible for raising all of the financing necessary to implement the Financing Plan for the Project.
Financing Plan. 1. Explain developer’s manner of financing (e.g. project financing, balance sheet financing, utility tax equity investment, etc.).
2. Describe the developer’s general project financing status.
3. To what extent (%) has the developer received firm commitments from financers (both debt and equity), and how much financing is expected to be needed to bring the Project online?
4. List any government funding or awards received by the Project.
5. Explain the creditworthiness of all relevant financiers
6. Describe developer’s history of ability to procure financing.
7. Describe any plans for obtaining subsidies, grants, or any other third party monetary awards (other than Production Tax Credits and Investment Tax Credits) and discuss how the lack of any of this funding will affect the Project.
Financing Plan. During the transition phases of this merger, the parties agree to inform each other of major purchases and expenditures; however, the parties will maintain separate financing structures until the merger is complete.
Financing Plan. Certain Partnership plans, as approved by unanimous actions of the Partnership Governance Committee, setting forth the Partnership's funding requirements for the Capital Budget and the sources of funds to finance such requirements.
Financing Plan. A description of the sources and uses of public and private funds for the construction of necessary public and private infrastructure and of necessary structures and improvements to serve the Project
Financing Plan. The financing plan for the Investment Program is summarized below. Details are set out in Schedule 1 hereto. Domestic Financiers 1,345 44.8 Asian Development Bank 620 20.7 Department for International Development 35 1.2 Private Investors 100 3.3 Internal Funds 600 20.0 Government of Madhya Pradesh 300 10.0 Total Funding 3,000 100.0 Sources: ADB staff estimate Roadmap and Investment Program (Subprojects), as and when the latter are ready for financing; provided INDIA is in agreement with the understandings hereunder, and the Subprojects proposed for financing are in line with those same understandings. Each loan will constitute a tranche. Each tranche may be financed under terms different from the financing terms of previous tranches. The choice of financing terms will depend on the Subproject, capital market conditions, and ADB’s financing policies that are prevailing at the time the tranche is formalized in a legal agreement. Tranches may be provided in sequence or simultaneously, and some may overlap in time with each other. Each individual tranche will be for an amount of not less than $40 million (with an exception of non-physical investment component for which the minimum loan amount will be $5 million), or its equivalent. ADB will review the PFR[s] and, if found satisfactory, prepare the related legal agreements. Commitment charges are not payable on the MFF. They are payable only on financing actually committed by ADB as a loan. ADB rules on commitment charges, which are in effect when a tranche is provided, will apply with respect to each tranche. Amount The maximum financing amount available under the MFF is $620 million (six hundred twenty million US dollars). It will be provided in individual tranches from ADB’s Ordinary Capital Resources.1 Availability Period The last date on which any disbursement under any tranche may be made will be 31 December 2014. The last financing tranche is expected to be executed not later than 31 December 2010. Terms and Conditions INDIA will cause the proceeds of each tranche to be applied to the financing of expenditures of the Roadmap and Investment Program in accordance with conditions set forth in this FFA and the legal agreements for each tranche. Execution Madhya Pradesh Power Transmission Company Limited (TRANSCO); Madhya Pradesh Madhya Kshetra Vidyut Vitaran Company Limited (DISCOM–C); Madhya Pradesh Poorv Kshetra Vidyut Vitaran Company Limited (DISCOM–E); and Madhya Pradesh Paschim Kshetra Vidyut Vitaran Co...
Financing Plan. On or before September 1, 2024, Owner shall provide the City with a financing plan, including projected sources and uses for financing proceeds, in substantially the form attached hereto as Exhibit D.
Financing Plan.
(a) As a condition precedent to the Close of Xxxxxx, the Developer shall have submitted and received approval from the County for any updates or amendments to the Approved Financing Plan, containing the following with regards to the Development:
(i) An updated "sources and uses" breakdown of the costs of constructing the Development in accordance with this Agreement. The sources and uses shall include all assumptions for all debt and equity financing, shall show the timing of uses of each source of financing and shall break down which expenses each source of financing is funding. The sources and uses shall detail the amount of the Developer Fee, if any, which may not exceed the amount set forth in Section 3.8.
(ii) An operating proforma for the first thirty (30) years of operation of the Development pursuant to the terms of this Agreement and the Regulatory Agreement, including funding for the provision of resident services.
(iii) Copies of all required funding commitments for loans, grants, or other financial assistance to assist in financing the construction and permanent financing for the Development, (including, but not limited to, a preliminary tax credit reservation and an executed commitment letter from an equity investor acceptable to the County for the Tax Credit Funds), certified by the Developer to be true and correct copies thereof;
(iv) A certified financial statement or other financial statement in such form reasonably satisfactory to the County evidencing other sources of capital sufficient to demonstrate that the Developer has adequate funds available and is committing such funds to cover the difference, if any, between costs of development and construction of the Improvements and other financial documentation stating the amount available to the Developer from external sources;
(v) Any other information that is reasonably necessary to the County in determining that the Developer has the financial capability to pay all costs of constructing the Improvements.
(b) Upon receipt by the County of the updates to the Approved Financing Plan, the County shall promptly review the updates to the Approved Financing Plan and shall approve or disapprove it within fifteen (15) days after submission if it conforms to the provisions of this Agreement. The County's review of the updates to the Approved Financing Plan shall be limited to determining if the contemplated financing will be reasonably available, if the financing contemplated in the Approved Fin...
Financing Plan. The Financing Plan for the Investment Program is summarized below. Source ($ million) Asian Development Bank 800.00 India and the States 425.30 Total 1,225.30 Each tranche may be financed under terms different from the financing terms of previous or subsequent tranches. The choice of financing terms will depend on the project, and ADB’s financing policies, all prevailing on the date of signing the legal agreement for such tranche. Tranches may be provided in sequence or simultaneously, and some may overlap in time with each other. Commitment charges are not payable on the Facility. These are payable only on financing actually committed by ADB as a loan. ADB rules on commitment charges, which are in effect when the legal agreements are signed for a tranche, will apply with respect to such tranche.