Examples of Cost of the Financing in a sentence
The Cost of the Works and the Cost of the Financing are as set out in the Financial Model.
The Cost of the Work and the Cost of the Financing are as set out in the Financial Model.
For greater certainty such utilization shall not result in any right to a claim for an increase in the Cost of the Financing.
Only if such explanation is accepted by Infrastructure Ontario, acting in their sole discretion, then such higher Credit Spread will be reflected in the Cost of the Financing payable by Infrastructure Ontario as set out in the Financial Model submitted by the Preferred Proponent prior to Financial Close using the optimization process described in Section 6.0 of Part B of Part 2 of Schedule 3 to this RFP.
Guaranteed Price, which excludes Value Added Taxes, is equal to the sum of the Cost of the Work (which includes the Contractor’s Design Contingency and the Contractor’s Fee) and the Cost of the Financing.
Cost of the Financing means all costs and expenses incurred in connection with the Financing pursuant to the indicative financing term sheet included in the RFP Submission and the Lending Agreements including without limitation all interest, fees, expense reimbursements, prepayment and breakage costs and all other costs and expenses shown in the Financial Model.
Each of Project Co and Hospital acknowledges and agrees that, subject to adjustments made in accordance with the provisions of the Construction Contract, the final Guaranteed Price shall be determined on the basis of such final adjusted Cost of the Financing and final adjusted Cost of the Work as of the date of Financial Close.
These interim rules also apply for purposes of determining the value of insur- ance contracts under §§ 79 and 83.
For greater certainty, costs and expenses included in the Cost of the Financing shall be calculated in a commercially reasonable manner and in accordance with the Lender’s standard banking practices and the Lending Agreements and without regard to the identity of the party paying such costs and expenses and, with respect to any swap breakage costs or gains, such costs or gains shall be calculated in accordance with standard market practices.
The Parties acknowledge that the Project Debt Interest Cost is a component of the Cost of the Financing and that the Project Debt Interest Cost is subject to adjustment under Section 2.7 as at the date of Financial Close.