Financial Close Security definition

Financial Close Security means the bond or letter of credit as described in ITP Section 6.7.
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Financial Close Security means the security described in ITP Section 6.6.
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Financial Close Security means the Closing Security (as defined in the ITP) in the amount of
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Examples of Financial Close Security in a sentence

  • Financial Close Security in accordance with the requirements of Section 6.6.

  • Financial Close Security in accordance with the requirements of Section6.7.

  • Such marginal costing rules may be applied whether or not the related supplier manufactures, produces, grows, or ex- tracts (within the meaning of § 1.993– 3(c)) the export property sold.

  • Financial Close Security means the bond or letter of credit in the amount of$15,000,000 provided by Developer to IFA under Section 6.6 of Volume I of the RFP (Instructions to Proposers).

  • If the Preferred Proposer’s Proposal Security or Financial Close Security is drawn by the Enterprises any amounts received shall be allocated between BE and CDOT.

  • At such time as IFA receives the Financial Close Security from the Preferred Proposer, the Preferred Proposer’s Proposal Security shall be returned to it.

  • In developing the options, the Children and Families department have taken cognisance of correspondence received from parents, and the Gaelic community and have met with representatives of the parent committee of Tollcross GME unit, Comann nam Pàrant.

  • At Commercial Close, KMP will post Financial Close Security in the amount of $20 million to secure its obligation to achieve Financial Close on the Project.

  • Upon Financial Close being successfully achieved in accordance with the terms of this Agreement, the Department will return the Financial Close Security to the Developer within two Business Days of Financial Close.

  • The rights and obligations of PGCPS to draw upon or return the Financial Close Security are set forth in the Project Agreement.


More Definitions of Financial Close Security

Financial Close Security means the one or more letters of credit required of the Developer pursuant to Section 5.3 (Financial Close Security) as security for the achievement of Financial Close in the form set forth in Transaction Form A (Financial Close Security).
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Financial Close Security means the Proposal Security (as defined in the ITP) in the amount of $30,000,000 provided by Developer to TxDOT under Section 3.3 of Exhibit B to the ITP.
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Financial Close Security has the meaning set forth in Section 6.1 (Financial Close Security).
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Financial Close Security means the security of that name provided in accordance with the RFP having an expiry date 74 days after the Financial Close Deadline Date.
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Financial Close Security means the irrevocable standby letter of credit in the amount of a minimum of $20 million and a maximum of $45 million provided by the Developer to the Department pursuant to Section 6.1.2 of the ITP and issued by an Eligible Security Issuer, with the exact amount of the Financial Close Security being based on $20 million plus the amount the Developer proposes to be advanced under the terms of the SIB Loan.
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Related to Financial Close Security

  • 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.

  • Reference Security means the security specified as such in the relevant Final Terms. If a Reference Security is no longer outstanding, a Similar Security will be chosen by the Quotation Agent at 11:00 a.m. (CET) on the third Business Day preceding the Make-whole Redemption Date, quoted in writing by the Quotation Agent to the Issuer and published in accordance with Condition 12 (Notices).

  • Financial Interest means either:

  • Non-Reporting Financial Institution means any Financial Institution that is: