Base Case Projections definition

Base Case Projections means, with respect to a Base Case Financial Model, the forecast for Pledged Taxes prepared using such Base Case Financial Model.

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

Base Case Projections is defined in Section 6.1.11.

Examples of Base Case Projections in a sentence

• There shall have been no material adverse Change in Tax Law that has not already been taken into account as an adjustment to the Base Case Projections to the reasonable satisfaction of Google Investor and NRG Investor.

• None of the Project Entities has any current or accrued material tax liability that is not specifically reflected in the Base Case Projections as in effect at and as of the Document Closing Date and in the Construction Plan Budget & Schedule or as reflected in the assumptions in the then applicable Operating Plans, as the case may be.

• The Parties hereby acknowledge and agree that projections as to future events are not to be viewed as facts and that the actual results during the period or periods covered by the Base Case Projections may materially vary from the projected results.

• The Facility Agent shall have received Base Case Projections updated as of the Project Completion Date for the FPSO and otherwise meeting the requirements of Section 3.1(j).

• The Applicable Permits shall not be subject to any material restriction, condition, limitation or other provision that could reasonably be expected to result in such Project being operated in a manner inconsistent with the Base Case Projections other than any inconsistency that could reasonably be expected to result in (x) gains to the applicable Project Company or (y) losses, costs or expenses to the applicable Project Company that are not material.

More Definitions of Base Case Projections

Base Case Projections means a projection of operating results showing at a minimum Company’s good faith estimates, as of the Closing Date, of revenues, operating expenses and sources and uses over the forecast period, in substantially the form of Schedule 4.1.27, which shall be of a nature and in an amount satisfactory to the Purchasers in consultation with Independent Engineer.

Base Case Projections means a projection of operating results for the Project over a period ending no sooner than December 31, 2030, showing the Borrower’s reasonable good faith estimates, as of the Closing Date, of projected Project Costs, projected Project Revenues, projected O&M Expenses, Assumed Interest Expense, all Fees payable hereunder, and scheduled principal payments in respect of the Loans over the forecast period.

Base Case Projections has the meaning specified in Section 3.01(a)(x).

Base Case Projections means (a) with respect to the period prior to the Amendment Closing Date, the projections of the Loan Parties’ operating results for the Projects (over a period ending no sooner than December 31, 2039) delivered to the Arrangers on or prior to the Execution Date pursuant to Section 4.01(k) and (b) with respect to period on and after the Amendment Closing Date, the “Revised Base Case Projections” under and as defined in the Omnibus Amendment.

Base Case Projections means the projection of operating results for the Project with the file name “20110328 v32 Ivanpah II Base Case EQUITY.xlsm” dated as of March 30, 2011 and Made Available to Investors.

Base Case Projections means the initial forecast for the receipt of Sales Tax Revenues by the State Board of Equalization and the transfer of such Sales Tax Revenues into the Revenue Fund, prepared as of the Effective Date using the Base Case Financial Model.

Base Case Projections means the final financial projections for the Borrower and its Subsidiaries as set forth in the computer model prepared by the Borrower and delivered to the Administrative Agent immediately prior to the Closing Date