Financial Closing Date definition

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 Closing Date means the date on which Financial Closing occurs;

Financial Closing Date means the date of signing of the initial agreements for any Financing of the Facility.

Examples of Financial Closing Date in a sentence

• The adjustment to the Capital and Raw Groundwater Unit Price resulting from any such purchase shall be made in the manner provided in Section 17.2(B) (Adjustment at Financial Closing Date).

• The Project Company shall provide the City with periodic reports regarding the satisfaction of the Financial Closing Date Conditions, and shall give the City prompt written notice when all of the Financial Closing Date Conditions have been achieved.

• No such agreement, document or instrument shall be subject to the satisfaction of any outstanding condition precedent except those expressly to be satisfied after the Financial Closing Date, no party to any such document, instrument or agreement shall be in default or imminent default thereunder and each party shall have received such certificates or other evidence reasonably satisfactory to it of such facts as such party shall have reasonably requested.

• Each of the agreements, documents and instruments identified in Section 4.1(B) (Financial Closing Date Conditions Defined) shall have terms and conditions that are materially consistent with this Water Supply Agreement; shall not materially and adversely affect the rights and obligations of the City hereunder; and shall be valid, in full force and effect and enforceable against each party thereto on the Financial Closing Date.

• The parties acknowledge and agree that the conditions itemized in Section 4.1(B) (Financial Closing Date Conditions Defined), other than Section 4.1(B)(24) (Financial Close), are independent of the Financial Close, and must be satisfied in order for the Financial Closing Date to be established, irrespective of whether such conditions are or are not prerequisites of Financial Close.

More Definitions of Financial Closing Date

Financial Closing Date means the date on which the Financing Documents relating to the financing or refinancing for the total construction costs of the Project have been entered into by the Feed-in Approval Holder and the Financing Parties, and all of the conditions precedent for the initial drawdown by the Feed-in Approval Holder under such Financing Documents have been satisfied by the Feed-in Approval Holder or waived by the Financing Parties thereunder;

Financial Closing Date means the closing date for the Financing by the Lenders, at which time all conditions precedent to the drawing of funds thereunder have been satisfied or waived and the initial funds contemplated by the Financing are disbursed to Owner.

Financial Closing Date means the later of (a) the date of the first closing of the initial construction financing of the Project and (b) the date on which Owner first has access to construction financing funds, in each case where the committed financing (inclusive of debt and equity) is reasonably expected to be sufficient to complete construction of the Project.

Financial Closing Date bears the meaning ascribed thereto in Section 1 of the Power Purchase Agreement;

Financial Closing Date means August 23, 2011.

Financial Closing Date means the date on which all of the following shall have occurred (whether the same occurred on or before such date): (a) the Financing Documents that provide for the financing of the estimated cost to complete construction of the Facility shall have been fully executed and delivered, (b) all conditions precedent to the initial borrowings under the Financing Documents referred to in the preceding clause (a) shall have been satisfied and (c) amounts shall have been made available for such initial borrowing from the Financing Parties for the construction of the Facility.

Financial Closing Date. – means the date on which Financial Closing occurs;