Financial Close Deadline definition

Financial Close Deadline means the deadline set forth in Section 13.7.2 of the Agreement.
Financial Close Deadline means the date which is 300 days after the Financial Proposal Due Date, as such deadline may be extended pursuant to Section 3.3.1.
Financial Close Deadline means the date by which Financial Close must occur, which is the first to occur of (a) 270 days following the date on which Concessionaire has submitted an application to USDOT to obtain financing under any credit assistance program under TIFIA for the Project, or (b) 270 days following the date on which USDOT provides written notice to Concessionaire that the Project will not receive financing under any credit assistance program under XXXXX for the Project.

Examples of Financial Close Deadline in a sentence

  • Subject to the termination rights of each party pursuant to Section 20.04, the Department and the Developer each agree to: (i) use reasonable commercial efforts to satisfy the conditions within their control to reach Financial Close on or prior to the Financial Close Deadline; and (ii) use reasonable commercial efforts to cooperate and assist the other party to reach Financial Close by the Financial Close Deadline.

  • In the event Financial Close is not achieved by the Financial Close Deadline, the rights of the Department and the Developer to terminate this Agreement will be governed by Section 20.04.

  • The SIB Loan will not bear interest, but will be repaid in full by the Developer on or before the Financial Close Date or as required by the terms of Section 20.04 if this Agreement is terminated for failure to reach Financial Close by the Financial Close Deadline.

  • In the event Financial Close is not achieved by the Financial Close Deadline, either party may terminate this Agreement pursuant to Section 20.04.

  • If approval is subject to the sole or absolute discretion of the Department, then its decision shall be final, binding and not subject to dispute resolution, and such decision shall not constitute a basis for any claim for Extra Work Costs, Delay Costs, time, Financial Close Deadline or Completion Deadline extensions, compensation for losses due to delays in commencement of Availability Payments or for additional interest costs due to delayed receipt of the Milestone Payment, or other relief.

  • Subject to Section 3.4.4, Developer or TxDOT may terminate this Agreement pursuant to Section 31.6 if Financial Close does not occur by the Financial Close Deadline and such failure is directly attributable an Excuse from Closing.

  • Developer shall be required to achieve financial close on or before the Financial Close Deadline as set forth in the Agreement.

  • If the Financial Close Deadline is extended pursuant to Section 3.3.1(d) (discretionary extension) and such extension was not initiated by TxDOT, TxDOT will not bear any of the risk or have any of the benefit of the impact of changes described in Section 3.6.1(a) (either for Benchmark Rates or credit spreads) for the period of such extension.

  • In the event this Agreement is terminated for failure to reach Financial Close by the Financial Close Deadline, the Developer shall repay the SIB Loan pursuant to the terms of Section 20.04.

  • Developer shall not be entitled to submit a claim for any Extra Work Costs, Delay Costs, time, Financial Close Deadline or Completion Deadline extensions, or other relief associated with securing and obtaining Governmental Approvals, except as provided under Section 3.2.2. Refer to Section 1.4.2 regarding costs of certain services of the Presidio Trust for which Developer bears no cost responsibility.


More Definitions of Financial Close Deadline

Financial Close Deadline means November 30, 2015, as such deadline may be extended pursuant to Section 3.3.1.
Financial Close Deadline means 16 December 2019; «Ֆինանսավորման Ամփոփման Վերջնաժամկետ» նշանակում է 2019 թվականի դեկտեմբերի 16-ը․
Financial Close Deadline means the date that is 180 Days after the Signing Date16 December 2019; «Ֆինանսավորման Ամփոփման Վերջնաժամկետ» նշանակում է Ստորագրման Ամսաթվից 180 Օր անց ընկնող ամսաթիվը.2019 թվականի դեկտեմբերի 16-ը․
Financial Close Deadline has the meaning set forth in Section 5.2 (Financial Close Deadline).
Financial Close Deadline is the date that is the later of (i) 60 days following the Effective Date and (ii) 180 days from the Financial Proposal Due Date. If, however:

Related to Financial Close Deadline

  • Financial Closing Date means the date of the closing of the initial agreements for any Financing of the Facility and of an initial disbursement of funds under such agreements.

  • Financial Close means the Capacity Market Seller has demonstrated that the Capacity Market Seller or its agent has completed the act of executing the material contracts and/or other documents necessary to (1) authorize construction of the project and (2) establish the necessary funding for the project under the control of an independent third-party entity. A sworn, notarized certification of an independent engineer certifying to such facts, and that the engineer has personal knowledge of, or has engaged in a diligent inquiry to determine, such facts, shall be sufficient to make such demonstration. For resources that do not have external financing, Financial Close shall mean the project has full funding available, and that the project has been duly authorized to proceed with full construction of the material portions of the project by the appropriate governing body of the company funding such project. A sworn, notarized certification by an officer of such company certifying to such facts, and that the officer has personal knowledge of, or has engaged in a diligent inquiry to determine, such facts, shall be sufficient to make such demonstration.

  • Offer Closing Date has the meaning set forth in Section 1.01(f).

  • IPO Closing Date means the closing date of the IPO.

  • Second Closing Date means the date of the Second Closing.

  • Financial Closing means the execution of the Financing Documents by all the parties thereto, and the fulfillment of all conditions precedent thereunder necessary to permit the advance of funds to pay amounts due under this Agreement.

  • Original Closing Date means the "Closing Date" as defined in the Existing Credit Agreement.

  • Closing Deadline means the date and time specified on the RFP Cover Page or any Addenda issued by TO LIVE, as the date and time by which Proponents must submit their Proposal;

  • Put Closing Date shall have the meaning set forth in Section 2.3.8.

  • Opt-Out Deadline means the deadline set by the Court for the timely submission of requests by Settlement Class Members to be excluded from the Settlement Class.

  • Final Closing Date shall have the meaning specified in Section 7.2(a) hereof.

  • Consummation Deadline As defined in Section 3(b) hereof.

  • Third Closing Date has the meaning set forth in Section 2.2(c).

  • Financial Closure means compliance with the requirements under Article 3.1 of this Agreement;

  • Closing Day means (a) the Restatement Date and (b) with respect to any Accepted Note, the Business Day specified for the closing of the purchase and sale of such Accepted Note in the Confirmation of Acceptance for such Accepted Note, provided that (i) if the Company and the Purchaser which is obligated to purchase such Accepted Note agree on an earlier Business Day for such closing, the “Closing Day” for such Accepted Note shall be such earlier Business Day, and (ii) if the closing of the purchase and sale of such Accepted Note is rescheduled pursuant to Section 3.2, the Closing Day for such Accepted Note, for all purposes of this Agreement except references to “original Closing Day” in Section 2.7(b), shall mean the Rescheduled Closing Day with respect to such Accepted Note.

  • Scheduled Closing Date Has the meaning specified in the Note Purchase Agreement.

  • Applicable Closing Date Has the meaning specified in Section 5.01(b) of this Trust Supplement.

  • Initial Closing Date shall have the meaning assigned to such term in Section 1.2 hereof.

  • Election Deadline shall have the meaning set forth in Section 3.2.3.

  • Tender Closing Date means the date and time set out in column (C) of Part 1 of the Schedule to the Tender Notice;

  • First Closing Date shall refer to the time and date of delivery of certificates for the Firm Shares and such Optional Shares). Any such time and date of delivery, if subsequent to the First Closing Date, is called an “Option Closing Date,” shall be determined by the Representatives and shall not be earlier than three or later than five full business days after delivery of such notice of exercise. If any Optional Shares are to be purchased, each Underwriter agrees, severally and not jointly, to purchase the number of Optional Shares (subject to such adjustments to eliminate fractional shares as the Representatives may determine) that bears the same proportion to the total number of Optional Shares to be purchased as the number of Firm Shares set forth on Schedule A opposite the name of such Underwriter bears to the total number of Firm Shares. The Representatives may cancel the option at any time prior to its expiration by giving written notice of such cancellation to the Company.

  • Additional Closing Date has the meaning set forth in Section 3.

  • Scheduled Closing Time means, in respect of an Exchange or Related Exchange and a Scheduled Trading Day, the scheduled weekday closing time of such Exchange or Related Exchange on such Scheduled Trading Day, without regard to after hours or any other trading outside of the regular trading session hours.

  • Deadline Date has the meaning set forth in Section 4.1(f).

  • Extension Deadline means, with respect to a letter of credit, the Cutoff Time on the Business Day preceding the day on which the letter of credit expires.

  • Anticipated Closing Date means the anticipated closing date of any proposed Qualified Sale Transaction, as determined in good faith by the Board of Directors on the Applicable Date.