System Financing Sample Clauses

System Financing. 1Within sixty (60) calendar days of the Effective Date, Licensee shall submit to the Judicial Council and the SPWB evidence of pending or planned financing sought by Licensee to be secured by the System. In addition, prior to any refinancing or restructuring of the financing arrangements, Licensee shall comply with the requirements of this SLA.
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System Financing. Within sixty (60) calendar days of the Effective Date, Licensee shall submit to the Judicial Council and the SPWB evidence of pending or planned financing sought by Licensee to be secured by the System. In addition, prior to any refinancing or restructuring of the financing arrangements, Licensee shall comply with the requirements of this SLA. Any financing to be secured by any personal property interest in the SLA or the SPPA shall be subject to approval by the Judicial Council and the SPWB, which approval shall not be unreasonably withheld. The Judicial Council and the SPWB shall use reasonable efforts to complete its review and approval of the proposed form of financing within thirty (30) days of receipt of the details of the planned financing. As a part of the submittal, Licensee shall submit an executed Lender Estoppel Certificate. If the Judicial Council or the SPWB do not approve such financing for any reason, this SLA and the SPPA may be cancelled by the Judicial Council or Licensee if Licensee is unable to resolve the concerns for the disapproval; the canceling Party must notice the other Party or Parties in writing within thirty (30) calendar days of the notice of disapproval of the financing transaction in order for cancellation to be effective.
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System Financing. ‌ 5.3.1 Within ninety (90) calendar days of the Effective Date, LICENSEE shall submit to HOST, the DGS and the SPWB evidence of pending or planned financing sought by LICENSEE to be secured by the System. In addition, prior to any refinancing or restructuring of the financing arrangements LICENSEE shall comply with the requirements of this SLA. 5.3.2 Any financing to be secured by any personal property interest in the SLA or the SPPA shall be subject to approval by HOST, the DGS and the SPWB, which approval shall not be unreasonably withheld. HOST, the DGS and the SPWB shall use reasonable efforts to complete its review and approval of the proposed form of financing within ninety (90) calendar days of receipt of the details of the planned financing. As a part of the submittal, LICENSEE shall submit an executed Lender Estoppel Certificate. If HOST, the DGS or the SPWB do not approve such financing for any reason, this SLA and the SPPA may be cancelled by the DGS, HOST or LICENSEE if LICENSEE is unable to resolve the concerns for the disapproval; provided, however, the canceling Party must notice the other Party or Parties in writing within 30 calendar days of the notice of disapproval of the financing transaction in order for cancellation to be effective.
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System Financing. 9 2.5.1 General . . . . . . . . . . . . . . . . . . . . . . . . . . . 9 2.5.2 Capital Contributions . . . . . . . . . . . . . . . . . . . . 9 2.5.3
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System Financing 
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Related to System Financing

  • Project Financing DZS poskytne příspěvek na financování nákladů na projekt, přičemž maximální výše grantu činí XXXXXXX CZK (XXXXXXX EUR). Grant určený na realizaci projektu pokrývá 100 % způsobilých výdajů. Bližší specifikace rozpočtu a jeho členění jsou ukotveny v Příloze I.

  • Financing Purchaser has delivered to Seller true and complete, fully-executed copies of the debt and equity commitment letters, dated as of October 3, 2013 among Purchaser; Citigroup Global Markets Inc., Citibank, N.A., Citicorp USA, Inc., Citicorp North America, Inc. and/or any of their affiliates; Bank of America, N.A.; Xxxxxxx Xxxxx, Xxxxxx Xxxxxx & Xxxxx Incorporated; Barclays Bank PLC; Xxxxxx Xxxxxxx Senior Funding, Inc.; and Natixis, New York Branch and including all exhibits, schedules, annexes and amendments to such agreements in effect as of the date hereof (the “Commitment Letters”), pursuant to which and subject to the terms and conditions thereof each of the parties thereto (other than Purchaser), has severally agreed and committed to provide the debt financing set forth therein (“Debt Financing”) and Purchaser has received a commitment in respect of the equity financing set forth therein (“Equity Financing,” and together with the Debt Financing, collectively the “Financing”). The Commitment Letters have not been amended, restated or otherwise modified or waived prior to the Execution Date and the respective commitments contained in the Commitment Letters have not been withdrawn, modified or rescinded in any respect prior to the date hereof. As of the date hereof, the Commitment Letters are in full force and effect and constitute the legal, valid and binding obligation of each of Purchaser and the other parties thereto, except as such enforcement may be limited by laws affecting the enforcement of creditors’ rights generally or by general equitable principles. There are no conditions precedent to the funding of the full amount of the Financing, other than as expressly set forth in the Commitment Letters. There are no other agreements, side letters or arrangements that would permit the parties to the Commitment Letters to reduce the amount of the Financing or that would otherwise affect the availability of the Financing. The Commitment Letters provide Purchaser with binding financial commitments that, when funded at Closing, provide it with sufficient funds to pay the Final Purchase Price and to pay any other amounts required to be paid by it in connection with the consummation of the transactions contemplated by this Agreement. As of the date hereof, (A) no event has occurred that would constitute a breach or default (or an event that with notice or lapse of time or both would constitute a default), in each case, on the part of Purchaser under the Commitment Letters or, to the Knowledge of Purchaser, any other party to the Commitment Letters and (B) Purchaser has no reason to believe that the conditions to the Financing will not be satisfied or that the Financing will not be available to Purchaser on the Closing Date. Purchaser has fully paid all fees required to be paid prior to the date hereof pursuant to the Commitment Letters and will pay any additional fees required to be paid pursuant to the Commitment Letters.

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