Base Financial Model definition

Base Financial Model is amended by deleting it in its entirety and replacing it with the following:
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Base Financial Model means the financial model generated and computed by spreadsheet software as submitted in the Developer’s Proposal and subsequently replaced in this Agreement, pursuant to the Project Agreement Amendment, a copy of which replacement model is attached as Schedule 26 (Base Financial Model).”
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Base Financial Model means, at any particular time prior to the review by the Independent Technical Consultant and the Required Lenders of an updated Base Financial Model, the initial Base Financial Model Project dated June 5, 2014 with file name EDC Financial Model June52014.xls as emailed by Ms. Anne Waddell to Ms. Ashley Glen on June 19, 2014 at 11:45 a.m. and, thereafter, the most recently updated Base Financial Model delivered by the Borrower to the Agent which has been reviewed by the Independent Technical Consultant and the Required Lenders. The Base Financial Model shall be a fully functional Excel-based computer financial model for the Project which is a comprehensive capital and cash flow forecast reflecting the economic terms of the Material Project Documents for the design, construction, engineering, commissioning, start-up, maintenance and operation of the Project, and shall include forecasts and projection of revenues, expenses, maintenance costs, interest, fees and principal repayments arising under the Loan Facility, financial covenant calculations (including demonstrating that the underlying economics of the Material Project Documents are able to satisfy the Debt Service Coverage Ratio for each year therein), and is accompanied by details of all assumptions, calculations and methodology used in their compilation and any other documentation necessary or desirable to operate the Base Financial Model.
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Examples of Base Financial Model in a sentence

  • The 2019/20 Base Financial Model results for those LAM Variable Costs have already been shared.

  • The Base Financial Model attached in digital format to Schedule 26 (Base Financial Model) to the Project Agreement is deleted it in its entirety and replaced with the financial model attached in digital format as Exhibit A to this Amendment.

  • The Baseline Payment Forecast in the first Contract Year shall be that set out for the first Contract Year in the Base Financial Model.

  • The Contractor shall ensure that the Base Financial Model as delivered to the Custodian is capable of being run on Microsoft Excel Version 1997 for the Windows operating system along with all available optional functions (when loaded onto an appropriate personal computer) in accordance with the Project Agreement.

  • With the agreement of the Lead Authority, the Contractor shall be entitled to prepare an updated Base Financial Model which runs on a different operating system.

  • The Contractor and the Councils shall meet to review Working Model 1 and specifically to agree: 4.3.1 The changes made to the Base Financial Model to produce Working Model 1.

  • Prior to the initial delivery and any subsequent delivery of the Base Financial Model to the Custodian by the Contractor in accordance with Clause 86 of the Project Agreement the Councils and the Contractor will verify the identity of two copies of the then current Base Financial Model on disc and 2 hard copies which shall be copies of the Base Financial Model which can be found at Schedule 13 of the Project Agreement (as amended from time to time) in accordance with the terms of the Project Agreement.

  • Ms. Bouman asked if the east side will remain as is with the porch and he confirmed that to be the case.

  • The Contractor must prepare Working Models 1 and 2 on a basis consistent with the Base Financial Model i.e.

  • The Custodian shall, upon receiving duly signed instructions from each of the Councils and the Contractor (but only upon receiving such instructions), release one copy of the Base Financial Model to the person either named in such instructions or previously identified in writing by the Councils and the Contractor.


More Definitions of Base Financial Model

Base Financial Model means a financial model in a form and substance substantially similar to the model delivered by the Sponsor to the Trustee on or prior to the Issue Date contemplating the issuance of each of the Notes.
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Base Financial Model means, at any particular time prior to the review by the Independent Technical Consultant and the Required Lenders of an updated Base Financial Model, the initial Base Financial Model Project dated June 5, 2014 with file name EDC Financial Model June52014.xls as emailed by Xx. Xxxx Xxxxxxx to Ms. Xxxxxx Xxxx on June 19, 2014 at 11:45 a.m. and, thereafter, the most recently updated Base Financial Model delivered by the Borrower to the Agent which has been reviewed by the Independent Technical Consultant and the Required Lenders. The Base Financial Model shall be a fully functional Excel-based computer financial model for the Project which is a comprehensive capital and cash flow forecast reflecting the economic terms of the Material Project Documents for the design, construction, engineering, commissioning, start-up, maintenance and operation of the Project, and shall include forecasts and projection of revenues, expenses, maintenance costs, interest, fees and principal repayments arising under the Loan Facility, financial covenant calculations (including demonstrating that the underlying economics of the Material Project Documents are able to satisfy the Debt Service Coverage Ratio for each year therein), and is accompanied by details of all assumptions, calculations and methodology used in their compilation and any other documentation necessary or desirable to operate the Base Financial Model.
Sample 1

Related to Base Financial Model

  • Base Case Financial Model means a financial model prepared by the Borrower forecasting the revenues and expenditures of the Project for time periods through the Final Maturity Date and based upon assumptions and methodology provided by the Borrower and acceptable to the TIFIA Lender as of the Effective Date, which model shall be provided to the TIFIA Lender as a fully functional Microsoft Excel – based financial model or such other format requested by the TIFIA Lender.

  • Financial Model means the financial model adopted by Senior Lenders, setting forth the capital and operating costs of the Project and revenues therefrom on the basis of which financial viability of the Project has been determined by the Senior Lenders, and includes a description of the assumptions and parameters used for making calculations and projections therein;

  • Financial Monitoring Report or “FMR” means each report prepared in accordance with Section 4.02 of this Agreement;

  • Citigroup means Citigroup Global Markets Inc.

  • Academies Financial Handbook means the DfE’s financial handbook for Academies in force from time to time;

  • Financial Management Manual means the Financial Management Manual, referred to in paragraph B of Schedule 4 to this Agreement, that sets out the financial and accounting arrangements for Implementing Partners and the Recipient’s entities, in form and substance satisfactory to the Association;

  • Annual Financial Statement is defined in Section 10.1(a).

  • TO Proposal – Financial means the TO Contractor’s financial response to the CATS II TORFP dateddate of TO Proposal - Financial.

  • Banking Day Financial Centre means the Banking Day Financial Centre as specified in § 1 of the Product and Underlying Data.

  • International Financial Reporting Standards means the accounting standards and interpretations adopted by the International Accounting Standards Board.

  • 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.

  • ISDA Benchmarks Supplement means the Benchmarks Supplement (as amended and updated as at the date of issue of the first Tranche of the Notes of the relevant Series (as specified in the relevant Final Terms)) published by the International Swaps and Derivatives Association, Inc;

  • Financial Products “Development Services”; “Target Market”; “Investment Areas”; and “Targeted Populations” have the meanings ascribed to such terms in 12 C.F.R. 1805.104.

  • Asset Management Plan means a plan created by the department and approved by the state transportation commission or a plan created by a local road agency and approved by the local road agency's governing body that includes provisions for asset inventory, performance goals, risk of failure analysis, anticipated revenues and expenses, performance outcomes, and coordination with other infrastructure owners.

  • Financial Services means any service of a financial nature, including (but not limited to) —

  • TO Financial Proposal means the TO Contractor’s financial response to the CATS+ TORFP dated date of TO Financial Proposal.

  • Additional Financial Centre(s means the city or cities specified as such in the relevant Final Terms;

  • financial service means a service of a financial nature, including insurance, and a service incidental or auxiliary to a service of a financial nature;

  • Financial Package means the financing package indicating the total capital cost of the Project and the means of financing thereof, as set forth in the Financial Model and approved by the Lenders, and includes Equity and all financial assistance specified in the Financing Agreements;

  • Annual Financial Statements has the meaning set forth in Section 3.06.

  • Financial Period means a period for which a profit and loss account of a company is made up in accordance with this Law;