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

• If Seller terminates this Agreement because of an Event of Default by Buyer prior to the Financial Closing Date, the Termination Payment due to Seller shall be equal to all of Seller’s out-of-pocket expenses incurred in connection with the development and construction of the Facility prior to such termination.

• The Performance Security shall be forfeited without any notice, demand, or other legal process if the Project Sponsor or the Company fails to achieve the Financial Closing on or before the Required Financial Closing Date upon termination of the PPA due to Company Event of Default.

• The Company shall provide the GOB with a copy of the loan agreements executed on the date of the Financial Closing Date not later than 15 (fifteen) Business Days after Financial Closing.

• The number and location of turbines included in the Facility will be based on the final turbine model selected prior to the Financial Closing Date.

• The Company shall provide the GOB with a copy of the loan agreements executed on the date of the Financial Closing Date not later than fifteen (15) Business Days after Financial Closing.

More Definitions of Financial Closing Date

Financial Closing Date means the date of signing 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 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 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;