Additional Permitted Borrowings Limit means an amount equal to:
Additional Permitted Borrowings Limit an amount equal to: (a) 10% of the Original Senior Commitment for any Additional Permitted Borrowing subsisting in the period from the date of Financial Close to the date on which the amount outstanding under the Senior Financing Agreement is reduced to 50% or less of the Original Senior Commitment; and thereafter (b) the higher of: (i) 5% of the Original Senior Commitment; and (ii) the amount of any Additional Permitted Borrowing outstanding on the last day of the period referred to in (a) above;
Additional Permitted Borrowings Limit an amount equal to:- (a) (FIGURE REDACTED), of the Original Senior Commitment, for any Additional Permitted Borrowing subsisting in the period from the date of Financial Close to the date on which the amount outstanding under the Senior Financing Agreements is reduced to (FIGURE REDACTED), or less of the Original Senior Commitment; and thereafter:- (b) the higher of:- (i) (FIGURE REDACTED), of the Original Senior Commitment; and (ii) the amount of any Additional Permitted Borrowing outstanding on the last day of the period referred to in (a); “Adjoining Property” any land and/or property adjoining or in the neighbourhood of any Waste Management Facilities and each and every part thereof including any Conduits, roads, footpaths, walls, fences, buildings and other apparatus on, under or within such land and/or property; “Adjusted Estimated Fair Value of the Contract” the Estimated Fair Value of the Contract, less an amount equal to the aggregate of:- (a) where relevant any Post Termination Service Amounts paid by the Authority (if a positive number); (b) the Tender Costs; and (c) amounts that the Authority is entitled to set off or deduct under clause 26.13 (Rights of Set-Off), plus an amount equal to the aggregate of:- (i) all credit balances on any bank accounts held by or on behalf of the Contractor on the date that the Estimated Fair Value of the Agreement is calculated; and (ii) any insurance proceeds and other amounts owing to the Contractor (and which the Contractor is entitled to retain), to the extent not included in (i) above; and (iii) the Post Termination Service Amounts (if a negative number), to the extent that:- (A) (i), (ii) and (iii) have not been directly taken into account in calculating the Estimated Fair Value of the Contract; and (B) the Authority has received such amounts in accordance with this Agreement or such amounts are standing to the credit of the Joint Insurance Account;