Common use of Notice of Refinancing Clause in Contracts

Notice of Refinancing. (i) The Concessionaire shall provide to the Department written notice of any proposed Refinancing at least 75 days prior to the proposed date for closing the Refinancing. (ii) The Concessionaire shall provide to the Department concurrently with such written notice full details of the proposed Refinancing, including, details of the changes, if any, in the Base Case Financial Model, any material changes in the Concessionaire’s obligations (including, for the avoidance of doubt, contingent obligations) to the Lenders, and outline details of the changes and/or replacements, as the case may be, to the Initial Project Financing Agreements and Financing Assignments contemplated by the Refinancing. (iii) The Concessionaire shall provide the Department the final proposed Project Financing Agreements and Financing Assignments in connection with the Refinancing promptly upon their receipt by the Concessionaire, and at least 10 days before the proposed date for closing the Refinancing.

Notice of Refinancing. (i) The Concessionaire shall provide to the Department written notice of any proposed Refinancing at least 75 days prior to the proposed date for closing the Refinancing. (ii) The Concessionaire shall provide to the Department concurrently with such written notice full details of the proposed Refinancing, including, details of the changes, if any, in the most recent Base Case Financial ModelModel Update, any material changes in the Concessionaire’s obligations (including, for the avoidance of doubt, contingent obligations) to the Lenders, and outline details of the changes and/or replacements, as the case may be, to the Initial Project Financing Agreements and Financing Assignments contemplated by the Refinancing. (iii) The Concessionaire shall provide the Department the final proposed Project Financing Agreements and Financing Assignments in connection with the Refinancing promptly upon their receipt by the Concessionaire, and at least 10 days before the proposed date for closing the Refinancing.