Facility Financing definition

Facility Financing means financing for the acquisition, development, construction, and ownership of the Facility and related purposes including any required reserve accounts, any capital additions, any operational needs relating to the Facility and any refinancing or replacement financing of any of the foregoing.
Facility Financing means the obligations of Seller to any financing party or tax equity provider pursuant to the Financing Documents, including principal of, premium and interest on indebtedness, fees, expenses or penalties, amounts due upon acceleration, prepayment or restructuring, swap or interest rate hedging breakage costs and any claims or interest due with respect to any of the foregoing.
Facility Financing means construction, interim and long-term financing for the acquisition, construction, improvement, operation and maintenance of the Facility and any refinancing thereof (including a lease pursuant to which Owner is the lessee of the Facility) provided by the Financing Parties, including any and all modifications, supplements, extensions, renewals and replacements of any such financing or refinancing.

Examples of Facility Financing in a sentence

  • A Convention Center Facility Financing Assistance Act Sales and Use Tax Information Form must be completed and filed on or before the 20th day of the month following the month of sale.

  • However, the county, as lessee is obligated, pursuant to a 20 year lease purchase agreement with the lessor, Jefferson/Franklin Regional Correctional Facility Financing Corporation, as the sole source of payment of the revenue bonds.

  • Understanding the implementation of Direct Health Facility Financing and its effect on health system performance in Tanzania: a non-controlled before and after mixed method study protocol.

  • The Indiana Seed Fund I, LLC, an existing equity investment under the former Indiana Health and Educational Facility Financing Authority, is an example that will not be subject to the requirements herein and was previously approved by that board.

  • Appendix A - Description of Generating Facility and Single-Line Diagram Appendix B - Interconnection Facility Financing and Ownership Agreement Appendix C - Schedule FC-NEM, Fuel Cell Net Energy Metering Appendix D - Producer’s warranty that it meets the requirements for an Eligible Fuel Cell customer-generator and that the Generating Facility meets the requirements for an Eligible Fuel Cell electrical generating facility, both as defined in Section 2827.10 of the California Public Utilities Code.

  • When a Electricity Producer wishes to reserve Electrical Corporation-owned Interconnection Facilities or Distribution System Improvements installed and financed as Special Facilities for the Electricity Producer, but idled by a change in the operation of the Electricity Producer's Generating Facility or otherwise, Electricity Producer may elect to abandon or reserve such facilities consistent with the terms of its Interconnection Facility Financing and Operating Agreement with Electrical Corporation.

  • Resolution When Facility Financing Certificate (s) Not Outstanding If the Parties cannot agree on such remedies and the claimed default or breach does not occur during the period when any Certificates issued for the financing of the Facility are outstanding, the Parties may exercise any legal rights they have under the Agreement and under Applicable Law, including to secure specific performance.

  • ESIP also affects county colleges, though they do not have options related to competitive contracting, have different financing options and will receive guidance from the State’s Higher Education Facility Financing Authority.

  • Costs for Special Facilities shall be paid by Electricity Producer pursuant to the provisions contained in the Interconnection Agreement or, where the nature and extent of the Interconnection Facilities and Distribution System Improvements warrant additional detail, in a separate Interconnection Facility Financing and Operating Agreement between the Electricity Producer and Electrical Corporation, and Electrical Corporation's applicable tariffs and rules for Special Facilities.

  • On or before the later of: (i) the Facility Financing Date or (ii) excavation of the first foundation for the photovoltaic panels, Seller shall provide to PacifiCorp a certificate from a Licensed Professional Engineer confirming that the Required Facility Documents including the material permits, consents and agreements necessary to operate and maintain the Facility have been obtained by Seller.


More Definitions of Facility Financing

Facility Financing means any indebtedness incurred by OJT to finance the acquisition of the Facility, any portion of the Ancillary Hardware and certain of the start-up expenses, and any renewals or refinancings thereof, including any construction financing assumed by OJT in connection with the acquisition of the Facility (the "Construction Financing").
Facility Financing means any long-term indebtedness incurred by OJT to finance the construction or acquisition of the Facility, including the planning, construction, acquisition and installation of any modifications, additions or improvements to the Facility or Ancillary Hardware required to meet the requirements of this Agreement, any portion of the Ancillary Hardware and certain of the start-up expenses, and any renewals or refinancings thereof, including any construction financings assumed by OJT in connection with the acquisition of the Facility (the "Construction Financing")."
Facility Financing means fi nancing for the acquisition, de velopment, construction, and ownership of the Facility and related purposes including any required reserve accounts, any capital additions, any operational needs relati ng to the Facility and any refinancing or replacement financing of any of the foregoing.
Facility Financing means the obligations of Seller to any equity investor or lender pursuant to the Financing Documents, including without limitation, return on equity, principal of, premium and interest on indebtedness, fees, expenses or penalties, amounts due upon acceleration, prepayment or restructuring, swap or interest rate hedging breakage costs and any claims or interest due with respect to any of the foregoing.
Facility Financing means the obligations of Seller to any lender and/or equity investor pursuant to the Financing Documents, including principal of, premium and interest on indebtedness, fees, expenses or penalties, amounts due upon acceleration, prepayment or restructuring, swap or interest rate hedging breakage costs, any claims or interest due with respect to any of the foregoing and any amount of cash and tax attributes allocated to Facility Investor.

Related to Facility Financing

  • Equity Financing means the next sale (or series of related sales) by the Company of its Equity Securities to one or more third parties following the date of this instrument from which the Company receives gross proceeds of not less than $1,000,000 cash or cash equivalent (excluding the conversion of any instruments convertible into or exercisable or exchangeable for Capital Stock, such as SAFEs or convertible promissory notes) with the principal purpose of raising capital.

  • Credit Facility shall include any agreement or instrument (1) changing the maturity of any Indebtedness Incurred thereunder or contemplated thereby, (2) adding Subsidiaries of the Company as additional borrowers or guarantors thereunder, (3) increasing the amount of Indebtedness Incurred thereunder or available to be borrowed thereunder or (4) otherwise altering the terms and conditions thereof.

  • Term Loan Facility means the Term Loan Commitments and the provisions herein related to the Term Loans.

  • Revolving Credit Facility means, at any time, the aggregate amount of the Revolving Credit Lenders’ Revolving Credit Commitments at such time.

  • L/C Facility means the letter of credit facility established pursuant to Article III.