Financial Commitment definition

Financial Commitment means the legally binding undertaking of the Operator to mobilize the financial requirements of the project, for ensuring the completion of the project;

Financial Commitment means that sources of public or private funds or combinations thereof have been identified which will be sufficient to finance public facilities necessary to support development and that there is reasonable assurance that such funds will be timely put to that end.

Financial Commitment means the amount of direct investment by way of contribution to equity, loan and 100 per cent of the amount of guarantees and 50 per cent of the performance guarantees issued by an Indian Party to or on behalf of its overseas Joint Venture Company or Wholly Owned Subsidiary;

Examples of Financial Commitment in a sentence

• For purposes of the Financial Commitment, “Paid or Payable” means that either the amount has been paid to Tempus or the amount is payable but not yet paid with respect to a Deliverable or Service that Tempus has agreed to deliver within the applicable calendar year pursuant to a Statement of Work.

• It is agreed and acknowledged that the Financial Commitment is for a total amount of $200,000,000, unless and until AstraZeneca exercises its option to extend the Financial Commitment for an additional $100,000,000 (the “MC Extension Option”).

• The Table in Section 1(d) of Exhibit E to the Agreement is hereby deleted in its entirety and replaced with the following updated table: 2021 (Q4) 2022 2023 2024 2025 2026 2027 2028 Total Financial Commitment Financial Commitment ($M)* [***] [***] [***] [***] [***] [***] [***] [***] $ 320 * * The last $100,000,000 of the Financial Commitment only applies if AstraZeneca exercises the MC Extension Option described below.

• The Table in Section 1(d) of Exhibit E to the Agreement is hereby deleted in its entirety and replaced with the following updated table: 2021 (Q4) 2022 2023 2024 2025 2026 2027 Total Financial Commitment Financial Commitment ($M)* [***] [***] [***] [***] [***] [***] [***] $ 300 * * The last $100,000,000 of the Financial Commitment only applies if AstraZeneca exercises the MC Extension Option described below.

• Tempus and AstraZeneca have agreed to revise the terms of the Financial Commitment set forth in Exhibit E of the Agreement and to extend the Term of the Agreement.

More Definitions of Financial Commitment

Financial Commitment means that sources of pub- lic or private funds or combinations thereof have been identi- fied which will be sufficient to finance public facilities neces- sary to support development and that there is reasonable assurance that such funds will be timely put to that end.

Financial Commitment means the commitment of at least 33% of total funds assigned to cover total project cost, that occurs by:

Financial Commitment means the aggregate amount of investment made by a person resident in India by way of Overseas Direct Investment, debt other than Overseas Portfolio Investment in a foreign entity or entities in which the Overseas Direct Investment is made and shall include the nonfund-based facilities extended by such person to or on behalf of such foreign entity or entities;

Financial Commitment means the commitment of at least 33% of total funds assigned to cover total project cost, which occurs by the actual expenditure of 33% or more of the total project cost or the commitment to expend 33% or more of the total project cost by signed contracts or other legal means.

Financial Commitment means the commitment of at least 33%

Financial Commitment means the legally binding undertaking of the LEASSE Agency to mobilize the financial requirements of the project, for ensuring efficient operation & maintenance of the project.

Financial Commitment means in the City's sole discretion, that sources of public or private funds or combinations thereof have been identified which shall be sufficient to finance transportation improvements necessary to support development and that there is reasonable assurance that such funds shall be timely used. Grants, loans and bond funds shall be considered to be committed only if they have been fully approved by the appropriate body.