Base Case Project Projections definition

Base Case Project Projections means a good faith projection of reasonable operating results and forecasted cash flows for the Projects for the period from the Closing Date to the twentieth anniversary thereof.
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Base Case Project Projections means a projection of operating results for the Projects delivered pursuant to Section 3.1(n) of the Insurance and Reimbursement Agreement.
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Base Case Project Projections has the meaning given in Section 3.1.20.
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Examples of Base Case Project Projections in a sentence

  • The Borrower shall cause the Annual Operating Budget under and as defined in the O&M Service Agreement to be in compliance with the Base Case Project Projections.

  • In the reasonable opinion of Borrower, as of the Closing Date the textual material accompanying the Base Case Project Projections discloses all information reasonably necessary for an understanding of the Base Case Project Projections, and does not contain any material misstatements or omit any information which, in conjunction with other information given, would be necessary to make such information not materially misleading.

  • In the event that an Upwind Array Event shall occur, then within ninety (90) days of such event (such date the “Adjustment Date”), Borrower shall calculate and deliver to the Administrative Agent a Projected Debt Service Coverage Ratio as of such date using the applicable Base Case Project Projections updated with any changes needed solely to take into account the effect, if any, of such Upwind Array Event on the expected power production of any Project, as determined by the Independent Engineer.

  • Funds on deposit in the Operating Account shall be transferred, after giving effect to any deposits to the Operating Account pursuant to Sections 6(b)(1), to the extent of available funds, for the payment from time to time of O&M Costs in accordance with the Base Case Project Projections that are then due and payable.

  • The Base Case Project Projections (a) are based on reasonable assumptions as to all legal and factual matters material to the estimates set forth therein, (b) are consistent, in all material respects, with the provisions of the Project Documents, and (c) to Borrower’s knowledge, accurately represent the anticipated financial performance of the Projects based on the assumptions set forth in the Base Case Project Projections.

  • Borrower has prepared the Project Budget and the Base Case Project Projections and is responsible for developing the assumptions on which the Project Budget and the Base Case Project Projections are based.

  • The Project Budget and the Base Case Project Projections (i) are, to the best of Borrower's knowledge as of the Closing Date, based on reasonable assumptions as to all legal and factual matters material to the estimates set forth therein, and (ii) as of the Closing Date are consistent with the provisions of the Project Documents.

  • In connection with syndication of the Loans and Commitments, an information package containing certain relevant information concerning Borrowers, the Project and the other Project participants (including a computer model prepared by Borrowers containing the Base Case Project Projections) has been or may be prepared on behalf of Borrowers and provided to potential Lenders and participants.

  • In the reasonable opinion of Borrower, as of the date delivered the textual material accompanying the Base Case Project Projections for the Initial Projects and the Funded Subsequent Projects discloses all information reasonably necessary for an understanding of the Base Case Project Projections, and does not contain any material misstatements or omit any information which, in conjunction with other information given, would be necessary to make such information not materially misleading.

  • The Debt to Capitalization Ratio shall be calculated in a manner which is consistent with and supported by the conclusions set forth in the most recently delivered Independent Consultants' reports, Independent Market Forecast and Base Case Project Projections.


More Definitions of Base Case Project Projections

Base Case Project Projections means a projection of operating results for the Project over a period commencing on the Closing Date and ending on December 31, 2023, showing at a minimum Borrower's reasonable good faith estimates, as of the Closing Date, of revenues, operating expenses, the Debt Service Coverage Ratio (which Debt Service Coverage Ratio shall be calculated on an annual basis, with the first Principal Repayment Date occurring on July 30, 2004, each other Principal Repayment Date occurring semi-annually thereafter and the final Principal Repayment Date occurring on the Maturity Date), and sources and uses of revenues over the forecast period, which projection is attached as Exhibit G-3 to the Credit Agreement.
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Base Case Project Projections means a projection of operating results for the Projects over a period ending no sooner than the Loan Maturity Date, showing at a minimum Borrower's reasonable good faith estimates, as of the Closing Date, of revenue, operating expenses, Four-Quarter Portfolio Interest Coverage Ratios (on an annual basis), Debt to Capitalization Ratios projected to exist from time to time and sources and uses of revenues over the forecast period, which projections are attached as Exhibit G-5 to the Credit Agreement.
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Related to Base Case Project Projections

  • Base Case Projections means the initial forecast for the Project prepared as of the Effective Date using the Base Case Financial Model.

  • Approved Project Budget means the most recent statement, approved by the FTA, of the costs of the Project, the maximum amount of Federal assistance for which the TJPA is currently eligible, the specific tasks (including specified contingencies) covered, and the estimated cost of each task.

  • Project Budget means the budget and project description included in the grant application. The Project Budget must succinctly describe all major elements of project work, the estimated cost of each, and clearly allocate requested grant funding and match contributions to each.

  • Construction Budget means the fully-budgeted costs for the acquisition and construction of a given parcel of real property (including, without limitation, the cost of acquiring such parcel of real property, reserves for construction interest and operating deficits, tenant improvements, leasing commissions, and infrastructure costs) as reasonably determined by the Parent in good faith.

  • Annual Projections is defined in Section 6.2(a).

  • Approved Project means the Scheme application of the Applicant approved by the CIC.

  • Construction project means the same as that term is defined in Section 38-1a-102.

  • Base Case Model means the financial model and statements including profit and loss, balance sheet and financial projections reflecting the forecasted consolidated financial conditions of the Group for the term of this Agreement (for these purposes assuming both before and after the incurrence of the indebtedness under the Finance Documents), each in form and substance satisfactory to the Finance Parties addressed to, and/or capable of being relied upon by the Finance Parties.

  • Latest Projections means: (a) on the Closing Date and thereafter until the Agent receives new projections pursuant to Section 7.2(f), the projections of the Borrower’s financial condition, results of operations, and cash flows, for the period commencing on April 1, 2009 and ending on March 31, 2010 and delivered to the Agent prior to the Closing Date; and (b) thereafter, the projections most recently received by the Agent pursuant to Section 7.2(f).

  • Project Costs means all allowable costs, as set forth in the applicable Federal cost principles, incurred by a recipient and the value of the contribu- tions made by third parties in accom- plishing the objectives of the award during the project period.

  • BASE budget means the minimum general fund budget of a district, which includes 80% of the basic

  • Expansion Project has the meaning set forth in Section IV.3.a of this Agreement.

  • The Project Plan means the document to be developed by the Supplier and approved by the Purchaser, pursuant to GCC Clause 19, based on the requirements of the Contract and the Preliminary Project Plan included in the Supplier’s bid. The “Agreed and Finalized Project Plan” is the version of the Project Plan approved by the Purchaser, in accordance with GCC Clause 19.2. Should the Project Plan conflict with the Contract in any way, the relevant provisions of the Contract, including any amendments, shall prevail.

  • New Project means (a) each facility which is either a new facility, branch or office or an expansion, relocation, remodeling or substantial modernization of an existing facility, branch or office owned by the Borrower or its Subsidiaries which in fact commences operations and (b) each creation (in one or a series of related transactions) of a business unit to the extent such business unit commences operations or each expansion (in one or a series of related transactions) of business into a new market.

  • Qualified Project Costs shall have the meaning given to it in the Regulatory Agreement.

  • Financial Projections has the meaning provided in Section 5.07(b).

  • Approved Budget means an annual budget-

  • Original Project means the Project described in the Original Financing Agreement.

  • Total Project Costs means, with respect to a Project, the sum of (i) the Qualified Project Expenditures plus (ii) all other costs necessary to acquire the Land, construct the Development Work and the Construction Improvements in accordance with the Plans and Specifications and complete the Project.

  • Budget means a resource, expressed in financial terms, proposed by the Board for the purpose of carrying out, for a specific period, any or all of the functions of the Trust.

  • Estimated Project Cost means Benchmark cost of MNRE which is Rs 8.00 Crore/MWp as per MNRE letter no. 03/20/2014-15/GCRT/11.12.14 at the time of Bid Due date.

  • Project Cost means the price payable to Service Provider over the entire period of Agreement (i.e. Rs. <in words>) for the full and proper performance of its contractual obligations.

  • Project Completion Schedule means the progressive Project Milestones set forth in Schedule-J for completion of the Project Highway on or before the Scheduled Completion Date;

  • Capital Projects means the acquisition of any interest in land, including improvements on the