Examples of Financial Close Deadline in a sentence
In the event Financial Close is not achieved by the Financial Close Deadline, either party may terminate this Agreement pursuant to 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.
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.
Project Schedule Deadline means one or more of the NTP1 Conditions Deadline, Financial Close Deadline, NTP2 Conditions Deadline, Baseline Substantial Completion Date, Final Acceptance Deadline and Long Stop Date, as the case may be.
The Developer’s debt that it will borrow to contribute to the Project construction costs will be comprised of private activity bonds ($141 million) and a TIFIA loan ($404 million) from the Build America Bureau, part of the U.S. Department of Transportation.The Developer is obligated to achieve Financial Close of the Project by the Financial Close Deadline of January 28, 2018, subject to relief for a limited number of events outside of the Developer’s control.
According to (Tony et al., 2017) such effects are conflict determinants that can result in social tension and even violent conflict within the community or between the community and the mining company or government (IIED, 2002).In that case, governments, civil society groups, and some investors and mining companies increasingly recognize that mining should not leave affected communities worse off than they were before mining started.
Developer shall be required to achieve financial close on or before the Financial Close Deadline as set forth in the Agreement.
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.
The schedule milestones shall be consistent with all completion deadlines and shall allow Developer sufficient time to reach Financial Close by the Financial Close Deadline.
The schedule milestones shall be consistent with all completion deadlines and shall allow Developer ample time to reach Financial Close by the Financial Close Deadline.