Financed Assets definition

Financed Assets means that part of a Project Facility treated as financed with Tax-Exempt Bond proceeds as reflected in a Final Written Allocation or, if no Final Written Allocation was prepared, the accounting records of the Issuer and the Tax Compliance Agreement for the Tax-Exempt Bonds.

Financed Assets means that part of a Project Facility treated as financed with Tax-Advantaged Bond proceeds as reflected in a Final Written Allocation or, if no Final Written Allocation was prepared, the accounting records of the University and the Tax Compliance Agreement for the Tax-Advantaged Bonds.

Financed Assets and “Financed Asset” means, as the context requires, all or any portion of the Project financed with proceeds of the Lease Agreement, as described on Exhibit C hereto.

Examples of Financed Assets in a sentence

• The completion of the Financed Assets and the allocation of the Lease Proceeds to expenditures will proceed with due diligence.

• At least 85% of the proceeds of the Lease will be allocated to expenditures on the Financed Assets within 3 years after the Closing Date.

• The estimated average economic life of the Financed Assets is not less than years, and the Issuer expects the Financed Assets to be placed in service in 20 .

• The Financed Assets consists of all Equipment acquired and installed in connection with the energy savings improvements described in the Energy Performance Contract dated March 8, 2023, between the Issuer and Centrica Business Solutions Services, Inc., and all replacements, substitutions, repairs, restorations, modifications, attachments, accessions, additions and improvements thereof or thereto, and proceeds therefrom.

• On the Closing Date, all proceeds of the Lease in the amount of $[Principal Amount], are expected to be deposited in the escrow fund established by the Escrow Agent pursuant to the terms of the Escrow Agreement (the “Escrow Fund”) and used to pay costs of the Financed Assets.

More Definitions of Financed Assets

Financed Assets means all Wireless Assets that have been acquired or financed by the Borrower using all or a portion of the proceeds of any Advance hereunder (whether or not such Wireless Assets have subsequently been deemed Ineligible Assets).

Financed Assets shall have the meaning set forth in recitals hereof.

Financed Assets means all of Dealer’s Inventory and Equipment which have been financed by CDF, and all attachments, accessories, accessions, returns, repossessions, exchanges, substitutions and replacements thereto, and all Proceeds thereof.

Financed Assets means, for each Project, that part of the Project treated as financed with Tax‐ Advantaged Bond proceeds as reflected in a Final Written Allocation or, in absence of such an allocation, the Borrower accounting records and the Tax Compliance Agreement for the Tax‐Advantaged Bond issue.

Financed Assets. [NOTE: insert Project as defined in Purchase Agreement unless modified during construction]

Financed Assets. [NOTE: insert Project as defined in Purchase Agreement unless modified during construction] Issue Date of Bonds: [**CLOSING DATE**] Period covered by request (“Annual Period”): January 1, – December 31, 1 Ownership Were all of the Financed Assets owned by the Participant during the entire Annual Period? Yes No If answer above was “No,” was an Opinion of Bond Counsel obtained prior to the transfer? If Yes, include a copy of the Opinion in the Tax-Exempt Bond File. If No, contact Bond Counsel and include description of resolution in the Tax-Exempt Bond File. Yes No

Financed Assets has the meaning set forth herein in the definition of Assumed Debt.