Financial Model definition

Financial Model means the financial model adopted by Senior Lenders, setting forth the capital and operating costs of the Project and revenues therefrom on the basis of which financial viability of the Project has been determined by the Senior Lenders, and includes a description of the assumptions and parameters used for making calculations and projections therein;

Financial Model means the computer model a Proponent has used and which is proposed to become the Financial Model under the Project Agreement in the format specified in Part 2 of Schedule 3 to this RFP;

Financial Model means the financial model adopted by Lenders setting forth the capital and operating costs of the Project and revenues there from on the basis of which the financial viability of the Project has been determined by the Lenders, and includes a description of the assumptions and parameters used for making calculations and projections therein.

Examples of Financial Model in a sentence

• When running new projections and calculations under the Financial Model Formulas to establish a Base Case Financial Model Update pursuant to Section 4.3.1(b), Developer shall incorporate only those changes caused by the event for which the Base Case Financial Model Update is being prepared; unrelated changes caused by the actual performance of the Project shall be disregarded.

• In accordance with this Section 3.6.3, the Base Case Financial Model will be updated to calculate the change, positive or negative, in the Concession Payment or Public Funds Payment resulting from changes permitted under Sections 3.6.1 and 3.6.

• Such application shall also include a thorough analysis of the effect each change is expected to have on Developer’s internal rate of return (determined using the Financial Model Formulas), including the effects on the Base Case Financial Model Update (or if there has been no Base Case Financial Model Update, on the Base Case Financial Model) and on the assumptions and data therein.

• Developer shall deliver to TxDOT for review and comment (as to compliance with the CDA Documents and applicable Law) drafts of those proposed Initial Funding Agreements and Initial Security Documents that will contain the material commercial terms relating to the Initial Project Debt, together with a draft updated Base Case Financial Model, concurrently with delivery thereof to other third parties involved in the review of such agreements and documents.

• Developer and TxDOT acknowledge that Developer has incorporated the value of saleable improvements not retained by the property owner into the Project Right of Way costs shown in the Financial Model and that Developer, subject to the property owner’s waiver of the right to retain, shall concurrently with conveyance of the real property interest to TxDOT, and without the necessity of further documentation executed by TxDOT, obtain the rights to such saleable improvements.

More Definitions of Financial Model

Financial Model means the financial model, prepared by the Developer and approved/adopted by the Lenders for entering into the Financing Agreement with the Developer, setting forth the capital and operating costs of the Project including replacement costs, the mode of financing of such costs, revenues from the Project and the Equity IRR over the full Term of the Agreement on the basis of which financial viability of the Project has been determined by the Lenders, and includes a description of the assumptions and parameters used for making calculations and projections therein;

Financial Model means the Franchisee's financial model in the agreed terms marked FM deposited with the Secretary of State on the date of the Franchise Agreement in accordance with Schedule 9.2 (Identity of the Financial Model etc.);

Financial Model means the financial model adopted by Senior Lenders, setting forth the capital and operating costs of the Project and revenues therefrom on the basis of which financial viability of the Project has been determined by the Senior Lenders, and includes a

Financial Model means the tool described at Section 6.0 of Exhibit C to the ITP that a Proposer will use to calculate projections in support of its Financial Proposal.

Financial Model means Project Co’s financial model for the Project attached as Schedule 15 [Financial Model], a copy of which is attached to this Agreement in electronic format, as updated or amended from time to time in accordance with the terms of this Agreement;

Financial Model has the meaning given in Schedule 7.5 (Financial Reports and Audit Rights);

Financial Model means the final financial model made available by the Borrower to the Administrative Agent prior to the Closing Date.