Initial Base Case Financial Model and Base Case Financial Model Sample Clauses

Initial Base Case Financial Model and Base Case Financial Model. ‌ (a) The Developer and the Department agree to the composition of the Initial Base Case Financial Model as of the Agreement Date, which is included in the Escrow Documents and which will be deposited with the Escrow Agent as described in Section 18.05. (b) The Initial Base Case Financial Model will be updated upon Financial Close in accordance with Section 7.06 and will become the Base Case Financial Model. The Base Case Financial Model may be updated, following agreement between the parties, for any event applicable under Section 6.02(b). (c) The Developer will not cause (or permit any other Person to cause) the Initial Base Case Financial Model or the Base Case Financial Model to contain any hidden data. The Developer will furnish to the Department any password or other access rights for each of the Initial Base Case Financial Model or the Base Case Financial Model.
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Initial Base Case Financial Model and Base Case Financial Model. (a) The Concessionaire and the Department agree to the composition of the Initial Base Case Financial Model and the Initial Refinancing Case Model as of the Agreement Date, which are included in the Escrow Documents and which will be deposited with the Escrow Agent as described in Section 18.05. (b) The Initial Base Case Financial Model will be updated upon Financial Close to reflect the actual amounts of each type of Concessionaire Debt and Committed Investments issued or committed at Financial Close and any adjustment to the Public Funds Amount as of Financial Close and Projected Refinancings assumed in the Initial Refinancing Case Financial Model, and such update will become the Base Case Financial Model. (c) The Concessionaire will not cause (or permit any other Person to cause) the Initial Base Case Financial Model or the Base Case Financial Model to contain any hidden data. The Concessionaire will furnish to the Department any password or other access rights for each of the Initial Base Case Financial Model and the Base Case Financial Model.
Sample 1Sample 2
Initial Base Case Financial Model and Base Case Financial Model. (a) Within thirty (30) days following the Effective Date, the Concessionaire and the Authority shall agree to the composition of the Initial Base Case Financial Model. The Initial Base Case Financial Model will be updated as of the Closing Date and, upon being adjusted, shall become the Base Case Financial Model. The Concessionaire shall deliver the proposed Base Case Financial Model to the Authority for review at least thirty (30) days prior to the anticipated Closing Date, and the Authority shall provide any comments on such proposed Base Case Financial Model as promptly as possible following delivery. (b) Within thirty (30) days following the Commercial Operation Date, the Base Case Financial Model shall be updated to reflect (i) the actual final cost to design, engineer and construct the Plant and (ii) the final amount of the AIDEA Appropriation Funds, AIDEA SETS Funds, Investor Equity Contributions and Third Party Loans disbursed or otherwise contributed between the Closing Date and the Commercial Operation Date. Based on the updated Base Case Financial Model, the Concessionaire shall produce an updated Payment Schedule and updated schedule for the Scheduled Investor Distributions. (c) The Concessionaire will not cause (or permit any other Person to cause) the Initial Base Case Financial Model or the Base Case Financial Model to contain any hidden data. The Concessionaire will furnish to the Authority any password or other access rights for each of the Initial Base Case Financial Model and the Base Case Financial Model.
Sample 1
Initial Base Case Financial Model and Base Case Financial Model. (a) The Concessionaire and the Department agree to the composition of the Initial Base Case Financial Model as of the Agreement Date, which is included in the Escrow Documents and which will be deposited with the Escrow Agent as described in Section 18.05. (b) The Initial Base Case Financial Model will be updated upon Financial Close in accordance with Section 7.03(b)(i) through (vi) and will become the Adjusted Financial Model. (c) The Adjusted Financial Model will be updated upon Financial Close in accordance with Section 7.03(b)(vii) and this Agreement and such update will become the Base Case Financial Model. (d) The Concessionaire will not cause (or permit any other Person to cause) the Initial Base Case Financial Model, the Adjusted Financial Model or the Base Case Financial Model to contain any hidden data. The Concessionaire will furnish to the Department any password or other access rights for each of the Initial Base Case Financial Model, the Adjusted Financial Model and the Base Case Financial Model.
Sample 1

Related to Initial Base Case Financial Model and Base Case Financial Model

  • Annual Operating Budget and Financial Projections Within sixty (60) days after the end of each fiscal year of Borrower Representative (and promptly and within five (5) days of any material modification thereto), an annual operating budgets, on a consolidating basis (including income statements, balance sheets and cash flow statements, by month) for the upcoming fiscal year of Borrower Representative, as approved by Borrower Representative’s Board, together with any related business forecasts used in the preparation of such annual financial projections.

  • Financial Management; Financial Reports; Audits 1. The Recipient shall ensure that a financial management system is maintained in accordance with the provisions of Section 2.07 of the Standard Conditions. 2. The Recipient shall ensure that interim unaudited financial reports for the Project are prepared and furnished to the World Bank not later than forty five (45) days after the end of each calendar quarter, covering the quarter, in form and substance satisfactory to the World Bank. 3. The Recipient shall have its Financial Statements for the Project audited in accordance with the provisions of Section 2.07(b) of the Standard Conditions. Each such audit of the Financial Statements shall cover the period of one fiscal year of the Recipient. The audited Financial Statements for each such period shall be furnished to the World Bank not later than six (6) months after the end of such period.

  • Business Plan The Lenders shall have received a satisfactory business plan for fiscal years 1999-2006 and a satisfactory written analysis of the business and prospects of the Borrower and its Subsidiaries for the period from the Closing Date through the final maturity of the Term Loans.

  • Financial Projections Borrower shall have delivered to Lender Borrower’s business plan and/or financial projections or forecasts as most recently approved by Borrower’s Board of Directors.

  • Pro Forma Financial Information The pro forma financial statements included in the Registration Statement, the Time of Sale Disclosure Package and the Final Prospectus include assumptions that provide a reasonable basis for presenting the significant effects directly attributable to the transactions and events described therein, the related pro forma adjustments give appropriate effect to those assumptions, and the pro forma adjustments reflect the proper application of those adjustments to the historical financial statements amounts in the pro forma financial statements included in the Registration Statement, the Time of Sale Disclosure Package and the Final Prospectus. The pro forma financial statements included in the Registration Statement, the Time of Sale Disclosure Package and the Final Prospectus comply as to form in all material respects with the application requirements of Regulation S-X under the Exchange Act.

  • Post-Commercial Operation Date Testing and Modifications Each Party shall at its own expense perform routine inspection and testing of its facilities and equipment in accordance with Good Utility Practice as may be necessary to ensure the continued interconnection of the Large Generating Facility with the Participating TO’s Transmission System in a safe and reliable manner. Each Party shall have the right, upon advance written notice, to require reasonable additional testing of the other Party’s facilities, at the requesting Party’s expense, as may be in accordance with Good Utility Practice.

  • Commercial Operation Date Testing and Modifications Prior to the Commercial Operation Date, the Connecting Transmission Owner shall test the Connecting Transmission Owner’s Attachment Facilities and System Upgrade Facilities and System Deliverability Upgrades and Developer shall test the Large Generating Facility and the Developer Attachment Facilities to ensure their safe and reliable operation. Similar testing may be required after initial operation. Developer and Connecting Transmission Owner shall each make any modifications to its facilities that are found to be necessary as a result of such testing. Developer shall bear the cost of all such testing and modifications. Developer shall generate test energy at the Large Generating Facility only if it has arranged for the injection of such test energy in accordance with NYISO procedures.

  • Certified and Minority Business Enterprises Reports Upon Customer request, the Contractor shall report to the requesting Customer the Contractor’s spend with certified and other minority business enterprises in the provision of commodities or services related to the Customer’s orders. These reports shall include the period covered, the name, minority code, and Federal Employer Identification Number of each minority business utilized during the period; commodities and services provided by the minority business enterprise, and the amount paid to each minority business enterprise on behalf of the Customer.

  • Project Monitoring Reporting and Evaluation The Recipient shall furnish to the Association each Project Report not later than forty-five (45) days after the end of each calendar semester, covering the calendar semester.

  • Long Term Cost Evaluation Criterion # 4. READ CAREFULLY and see in the RFP document under "Proposal Scoring and Evaluation". Points will be assigned to this criterion based on your answer to this Attribute. Points are awarded if you agree not i ncrease your catalog prices (as defined herein) more than X% annually over the previous year for years two and thr ee and potentially year four, unless an exigent circumstance exists in the marketplace and the excess price increase which exceeds X% annually is supported by documentation provided by you and your suppliers and shared with TIP S, if requested. If you agree NOT to increase prices more than 5%, except when justified by supporting documentati on, you are awarded 10 points; if 6% to 14%, except when justified by supporting documentation, you receive 1 to 9 points incrementally. Price increases 14% or greater, except when justified by supporting documentation, receive 0 points. increases will be 5% or less annually per question Required Confidentiality Claim Form This completed form is required by TIPS. By submitting a response to this solicitation you agree to download from th e “Attachments” section, complete according to the instructions on the form, then uploading the completed form, wit h any confidential attachments, if applicable, to the “Response Attachments” section titled “Confidentiality Form” in order to provide to TIPS the completed form titled, “CONFIDENTIALITY CLAIM FORM”. By completing this process, you provide us with the information we require to comply with the open record laws of the State of Texas as they ma y apply to your proposal submission. If you do not provide the form with your proposal, an award will not be made if your proposal is qualified for an award, until TIPS has an accurate, completed form from you. Read the form carefully before completing and if you have any questions, email Xxxx Xxxxxx at TIPS at xxxx.xxxxxx@t xxx-xxx.xxx If the vendor is awarded a contract with TIPS under this solicitation, the vendor agrees to make any Choice of Law c lauses in any contract or agreement entered into between the awarded vendor and with a TIPS member entity to re ad as follows: "Choice of law shall be the laws of the state where the customer resides" or words to that effect. Agreed In the event of litigation or use of any dispute resolution model when resolving disputes with a TIPS member entity a s a result of a transaction between the vendor and TIPS or the TIPS member entity, the Venue for any litigation or ot her agreed upon model shall be in the state and county where the customer resides unless otherwise agreed by the parties at the time the dispute resolution model is decided by the parties. Agreed

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