Refinancing and PVR Discount Rate Adjustment Sample Clauses

Refinancing and PVR Discount Rate Adjustment. (i) At least 30 days prior to any Refinancing the Concessionaire will prepare and submit: (A) a Pre-Refinancing Model demonstrating the Pre- Refinancing Equity IRR; and (B) a Post-Refinancing Model that can easily and accurately be solved to adjust the Post-Refinancing Equity IRR by changing the PVR Discount Rate. At least 30 days after any Refinancing, the Concessionaire will provide the Department with the final version of the Post-Refinancing Model. The Department and its authorized Representatives shall have the right to fully audit these models and verify all inputs and calculations and/or to request that the Concessionaire have an independent audit conducted and provided to the Department before and/or after the proposed Refinancing, and, if warranted, to require adjustments to such models and/or the PVR Discount Rate as applicable.
Sample 1
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Related to Refinancing and PVR Discount Rate Adjustment

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  • C4 Price adjustment on extension of the Initial Contract Period C4.1 The Contract Price shall apply for the Initial Contract Period. In the event that the Client agrees to extend the Initial Contract Period pursuant to clause F8 (Extension of Initial Contract Period) the Client shall, in the 6 month period prior to the expiry of the Initial Contract Period, enter into good faith negotiations with the Contractor (for a period of not more than 30 Working Days) to agree a variation in the Contract Price.

  • Percentages of ADB Financing 2. Except as ADB may otherwise agree, the items of the Categories listed in the Table shall be financed out of the proceeds of the Loan on the basis of the percentages set forth in the Table. Interest Charge

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  • Refinancing Preparation Advance If the Financing Agreement provides for the repayment out of the proceeds of the Financing of an advance made by the Association or the Bank (“Preparation Advance”), the Association shall, on behalf of the Recipient, withdraw from the Financing Account on or after the Effective Date the amount required to repay the withdrawn and outstanding balance of the advance as at the date of such withdrawal from the Financing Account and to pay all accrued and unpaid charges, if any, on the advance as at such date. The Association shall pay the amount so withdrawn to itself or the Bank, as the case may be, and shall cancel the remaining unwithdrawn amount of the advance.”

  • Funding Increases Before the Funder can make an allocation of additional funds to the HSP, the parties will:

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