Financial Closure or Project Financing Arrangements definition

Financial Closure or Project Financing Arrangements means the agreements pursuant to which the SPG has sought financing for the Power Project including the loan agreements, security documents, notes, indentures, security agreements, letters of credit and other documents, as may be amended, modified, or replaced from time to time, but without in anyway increasing the liabilities of JDVVNL.
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Financial Closure or Project Financing Arrangements means arrangements of necessary funds by the Project Developer either by way of commitments of funds by the company from its internal resources and / or tie up of funds through a bank / financial institution by way of sanction of a loan.
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Financial Closure or Project Financing Arrangements means arrangement of necessary funds by the Project Developer either by way of commitment of funds by the company from its internal resources and/or tie up of funds through a bank / financial institution by way of sanction of a loan or letter agreeing to finance;
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Examples of Financial Closure or Project Financing Arrangements in a sentence

  • Any infirm power produced and flowing into the STU/ Railway Transmission system before COD shall not be at the cost of Nodal Railway under this scheme and SPD cannot sell this power to any other organization or individual.2.26 Financial Closure or Project Financing Arrangements The Project Developer shall report Project Financing Arrangements for the Projects within 9 months from the Effective Date i.e. Signing of PPA.

  • Similarly for the Bidding Company, forming a project company with no change in Shareholding pattern & controlling shareholding as informed at the stage of RfP upto one year after Commissioning of the Project.3.22 Financial Closure or Project Financing Arrangements: The Project Developer shall report tie up of Financing Arrangements for the projects within 150 days from the date of signing Power Purchase Agreement.

  • Any infirm power produced and flowing into the CTU / STU before COD shall not be at the cost of Nodal Railway under this scheme and SPD cannot sell this power to any other organization or individual.2.26 Financial Closure or Project Financing Arrangements The Project Developer shall report Project Financing Arrangements for the Projects within nine months from the Effective Date i.e. Signing of PPA.


More Definitions of Financial Closure or Project Financing Arrangements

Financial Closure or Project Financing Arrangements means arrangements of necessary funds by the Project Developer either by way of commitments of funds by the company from its internal
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Financial Closure or Project Financing Arrangements means arrangement of necessary funds by the Project Developer towards 100% Project Cost either by way of commitment of funds by the company from its internal resources and/or tie up of funds through a bank / financial institution by way of sanction of a loan to be completed within 12 months of the signing of the PPA.
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Financial Closure or Project Financing Arrangements means the arrangement of necessary funds by the solar power developer either by way of commitment of funds by the company from its internal resources and/or tie up of funds through a bank/financial institution by way of sanction of a loan or letter of agreeing to finance.
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Financial Closure or Project Financing Arrangements means arrangement of necessary funds equivalent to the total estimated project cost, by the Solar Project Developer either by way of commitment
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Related to Financial Closure or Project Financing Arrangements

  • Project Financing means: (a) one or more loans, leases, equity and/or debt financings, together with all modifications, renewals, supplements, substitutions and replacements thereof, the proceeds of which are used to finance or refinance the costs of the Customer Facility, any alteration, expansion or improvement to the Customer Facility, the purchase and sale of the Customer Facility or the operation of the Customer Facility; (b) a power purchase agreement pursuant to which Interconnection Customer’s obligations are secured by a mortgage or other lien on the Customer Facility; or (c) loans and/or debt issues secured by the Customer Facility.

  • Interim Financing means any new financial assistance, provided by an existing or a new creditor, that includes, as a minimum, financial assistance during the stay of individual enforcement actions, and that is reasonable and immediately necessary for the debtor's business to continue operating, or to preserve or enhance the value of that business;

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

  • Project financing gap means the part of the total project cost,

  • 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.

  • Debt Financing has the meaning set forth in Section 5.7.

  • Public-finance transaction means a secured transaction in connection with which:

  • business acquisition report means a completed Form 51-102F4 Business Acquisition Report;

  • Acquisition Agreement as defined in the recitals hereto.

  • Management Arrangements means the arrangements for the strategic management of the relationship between the Authority and the Contractor, including arrangements for monitoring of the Contractor’s compliance with the Specification, the Service Levels, the Award Procedures and the terms of this Framework Agreement, set out in Schedule 4.

  • Debt Financing Documents means the agreements, documents and certificates contemplated by the Debt Financing.

  • Closing Date Working Capital has the meaning specified in Section 2.3(b).

  • 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.