Cerro Quema Project Financing definition

Cerro Quema Project Financing means financing under one or more loan facilities or other financing arrangements incurred by Cerro Quema and/or any Cerro Quema Affiliate solely for the purpose of financing all or a portion of the cost of the development, expansion, construction, maintenance and/or operation of the Cerro Quema Project.

Examples of Cerro Quema Project Financing in a sentence

  • The Borrower shall not drawdown credit for the purpose of, directly or indirectly, paying any principal amount of Indebtedness owing under or in respect of the Cerro Quema Project Debt Guarantee or the Cerro Quema Project Financing.

  • The Borrower shall not drawdown credit under either Credit Facility for the purpose of paying, directly or indirectly, any principal amount of Indebtedness owing in respect of the Cerro Quema Project Financing or the Cerro Quema Project Guarantee.

  • Notwithstanding anything to the contrary herein or in any other Finance Document, Cerro Quema (and any Cerro Quema Affiliate that may become a Material Subsidiary after the Closing Date) shall cease to be a Material Subsidiary, Guarantor and Obligor, and the provisions of this agreement and each other Finance Document shall cease to apply to Cerro Quema and each such Cerro Quema Affiliate, concurrent with closing of the Cerro Quema Project Financing.