Future Local Debt. The applicant’s future debt may not be senior to CWSRF debt. The applicant’s future local debt may be on parity with the CWSRF debt if the following conditions are met:
Appears in 5 contracts
Samples: Project Finance Agreement, Project Finance Agreement, Project Finance Agreement
Future Local Debt. The applicant’s future debt may not be senior to CWSRF debt. The applicant’s future local debt may be on parity with the CWSRF debt if the following conditions are met:: DRAFT
Appears in 1 contract
Samples: Project Finance Agreement