Examples of Financial Close in a sentence
Each Construction Report that is required to be delivered prior to Financial Close.
The Repeating Representations are deemed to be made by the Borrower to each Finance Party (by reference to the facts and circumstances then existing) on Financial Close, the date of each Utilisation Request, each Utilisation Date and the first day of each Interest Period.
Evidence that any process agent referred to in Clause 34.2 (Service of process) and other Finance Documents entered into prior to Financial Close has accepted its appointment.
Delivery to the Security Agent of any item that is required under any Security Document to be delivered to the Security Agent prior to Financial Close.
Subject to paragraphs (c) and (e) below, the Borrower shall apply all Performance Liquidated Damages received by it in prepayment of the Loans on the first Interest Payment Date falling at least [three] Business Days after the date of receipt of any such amount to the extent required to restore the Ratios for each Calculation Date up to the Final Maturity Date to at least [●]/[the levels required at Financial Close].