Financial Model Formulas definition

Financial Model Formulas means the financial formulas that Developer submitted with its Project Plan of Finance for projecting Post-Tax internal rates of return over the Term to equity investors in Developer, which financial formulas are used as part of the Base Case Financial Model, including the traffic and revenue model that Developer and TxDOT have agreed upon as of the Effective Date, and are used as part of each Base Case Financial Model Update, but without the data and information used by or incorporated in the Base Case Financial Model or Base Case Financial Model Update.
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Financial Model Formulas means the financial formulas that Concessionaire and FDOT agree upon as of the Effective Date, as the same may be changed pursuant to Section 15.2 of the Agreement, for projecting Equity IRR, which financial formulas are used as part of the Initial Financial Model, and are used as part of each subsequent Financial Model, but without the data and information used by or incorporated in the Initial Financial Model or Financial Model.
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Examples of Financial Model Formulas in a sentence

  • With respect to any change to Financial Model Formulas as a result of a proposed Base Case Financial Model Update due to a proposed Refinancing, such audit report and opinion will be delivered to the Department no later than seven Days prior to the proposed date of a Refinancing.

  • 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.

  • 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.

  • In no event shall the Financial Model Formulas be changed except with the prior approval of both Parties, each in its discretion.

  • With respect to any change to Financial Model Formulas as a result of a proposed Base Case Financial Model Update due to a proposed Refinancing or upon the execution and delivery of Original TIFIA Loan Documentation, such audit report and opinion will be delivered to the Department no later than seven Days prior to the proposed date of a Refinancing.

  • With respect to any change to Financial Model Formulas as a result of a proposed Base Case Financial Model Update due to a proposed Refinancing or upon the execution and delivery of TIFIA Loan Documentation, such audit report and opinion will be delivered to the Department no later than seven Days prior to the proposed date of a Refinancing.

Related to Financial Model Formulas

  • Base Case Financial Model means a financial model prepared by the Borrower forecasting the revenues and expenditures of the Project for time periods through the Final Maturity Date and based upon assumptions and methodology provided by the Borrower and acceptable to the TIFIA Lender as of the Effective Date, which model shall be provided to the TIFIA Lender as a fully functional Microsoft Excel – based financial model or such other format requested by the TIFIA Lender.

  • Financial Product means any securities, futures contracts or leveraged foreign exchange contracts as defined under the SFO. Regarding “leveraged foreign exchange contracts”, it is only applicable to those traded by persons licensed for Type 3 regulated activity.

  • Processes “Processing,” “Processed” means any operation or set of operations which is performed on data or sets of data, whether or not by automated means, such as collection, recording, organization, structuring, storage, adaptation or alteration, retrieval, consultation, use, disclosure by transmission, dissemination, or otherwise making available, alignment or combination, restriction, erasure, or destruction.

  • Projections as defined in Section 6.2(c).