Financing Delay Costs definition

Financing Delay Costs has the meaning given to it in Schedule 4 (Change Compensation Principles).
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Financing Delay Costs means an amount equal to interest payments on the Senior Debt Service Amount accrued and paid or which became payable in accordance with the Funding Agreements during the period of delay by Project Company or any Project Company Partner to the Senior Lenders up to and including such date, which, but for the Compensable Delay Event or Compensable Relief Event, would have been paid by MDOT to Project Company.
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Financing Delay Costs has the meaning given in the Change Compensation Principles.
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More Definitions of Financing Delay Costs

Financing Delay Costs means the incremental financing delay costs actually incurred by Project Co under the Financing Documents and any projected reduction or impact on the scheduled equity Distributions set out in the Financial Model, in each case as a direct consequence of a delay to the achievement of Commercial Acceptance by the Date for Commercial Acceptance. FM Base Costs means the actual costs of the FM Subcontractor properly and reasonably incurred by Project Co and directly attributable to implementing the recurrent elements of a Change Compensation Event including the cost of all Subcontractors to the FM Subcontractor engaged in respect of the Change Compensation Event, warranty costs and lifecycle costs, but excluding the FM Margin. FM Margin means the percentage that the FM Subcontractor may charge in accordance with Table 3 of this Schedule 4 on its FM Base Costs to cover all off-site overheads and administrative and corporate and other like costs and profits. Project Co Margin means the percentage that Project Co may charge in accordance with Table 1 or Table 3 (as relevant) of this Schedule 4 to cover all off-site and on-site overheads and administrative and corporate and other like costs and profit of Project Co (including the cost of Project Co’s project management services).
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Related to Financing Delay Costs

  • Borrower Delayed Reimbursements Any Additional Trust Fund Expenses and reimbursements of Advances that the related Mortgagor is required, pursuant to a written modification agreement, to pay in the future to the Trust in its capacity as owner of the related Mortgage Loan.

  • Breakage Costs shall have the meaning set forth in Section 2.2.3(h) hereof.

  • Financing Costs Adjustment Date means each of the following days:

  • Hedge Breakage Costs means, for any Hedge Transaction, any amount payable by the Borrower for the early termination of that Hedge Transaction or any portion thereof.

  • Facility Fees has the meaning provided in Section 2.11(a).

  • Mandatory Costs means the percentage rate per annum calculated in accordance with Schedule 1.01(b).

  • Workout-Delayed Reimbursement Amounts With respect to any Mortgage Loan or Serviced Loan Combination, the amount of any Advance made with respect to such Mortgage Loan or Serviced Loan Combination on or before the date such Mortgage Loan or Serviced Loan Combination becomes (or, but for the making of three monthly payments under its modified terms, would then constitute) a Corrected Loan, together with (to the extent accrued and unpaid) interest on such Advances, to the extent that (i) such Advance is not reimbursed to the Person who made such Advance on or before the date, if any, on which such Mortgage Loan or Serviced Loan Combination becomes a Corrected Loan and (ii) the amount of such Advance becomes a future obligation of the Mortgagor to pay under the terms of modified Loan Documents. That any amount constitutes all or a portion of any Workout-Delayed Reimbursement Amount shall not in any manner limit the right of any Person hereunder to determine in the future that such amount instead constitutes a Nonrecoverable Advance.

  • Workout-Delayed Reimbursement Amount As defined in subsection (II)(i) of Section 3.05(a).

  • Non-Availability Charges has the meaning set forth in the CAISO Tariff.

  • Initial Costs means all costs incurred by the Authority relating to the establishment and initial operation of the Authority, such as the hiring of a Chief Executive Officer and any administrative staff, any required accounting, administrative, technical and legal services in support of the Authority’s initial formation activities or in support of the negotiation, preparation and approval of power purchase agreements. The Board shall determine the termination date for Initial Costs.

  • Avoided costs means the incremental costs to an electric utility of electric energy or capacity or both which, but for the purchase from the qualifying facility or qualifying facilities, such utility would generate itself or purchase from another source.

  • Additional Fees means, where applicable, those fees and charges for the Additional Goods/Services and additional costs and levies required from time to time and notified to you in advance, to provide adequately for the education and related activities and services provided to your Child/the Student, including but not limited to the costs of extra-curricular activities or special educational needs.

  • Default Costs means reasonable attorney's fees and remarketing costs resulting from a Lessee default or Lessor's enforcement of its remedies. DELIVERY DATE - means date of delivery of Inventory Equipment to Lessee's address.

  • Start-Up Costs means all fees, costs, and expenses incurred in connection with establishing the State Mitigation Trust and the Indian Tribe Mitigation Trust and setting them up for operation. Start-up costs shall not include the cost of premiums for insurance policies.

  • Additional Refinancing Amount means, in connection with the Incurrence of any Refinancing Indebtedness, the aggregate principal amount of additional Indebtedness, Disqualified Stock or Preferred Stock Incurred to pay accrued and unpaid interest, premiums (including tender premiums), expenses, defeasance costs and fees in respect thereof.

  • Yield Maintenance Premium means the amount (if any) which, when added to the remaining principal amount of the Note or the principal amount of a Defeased Note, as applicable, will be sufficient to purchase U.S. Obligations providing the required Scheduled Defeasance Payments.

  • Default Interest Period means for any overdue amount of the Withdrawn Loan Balance, each Interest Period during which such overdue amount remains unpaid; provided, however, that the first such Default Interest Period shall commence on the 31st day following the date on which such amount becomes overdue, and the final such Default Interest Period shall end on the date at which such amount is fully paid.”

  • Termination Costs means all liabilities incurred in connection with or arising out of the withdrawal, departure, resignation or termination of employment (whether actual or alleged constructive termination) of any Seconded Employee, including, without limitation, liabilities relating to or arising out of any claim of discrimination or other illegality in connection with such withdrawal, departure, resignation or termination, including cost of defense of such claims, and also including severance payments and benefits paid to a Seconded Employee in return for a release of claims.

  • Tranche C Term Loan as defined in Section 2.1.

  • Delayed Draw Term Loan has the meaning specified in Section 2.01(b).

  • Revolving Facility Maturity Date means, as the context may require, (a) with respect to the Revolving Facility in effect on the Closing Date, August 3, 2020 and (b) with respect to any other Classes of Revolving Facility Commitments, the maturity dates specified therefor in the applicable Incremental Assumption Agreement.

  • Tranche B Term Loan as defined in Section 2.1.

  • Additional Refinancing Lender has the meaning set forth in Section 2.15(a).

  • Applicable Commitment Fee Margin means, for each Pricing Period, the margin set forth below (expressed in basis points per annum) opposite the Applicable Pricing Level for that Pricing Period: II 10.0 V 17.5

  • Term Facilities means the Term A Facility and the Term B Facility.

  • Qualified Costs means an electric utility's regulatory assets as determined by the commission, adjusted by the applicable portion of related investment tax credits, plus any costs that the commission determines that the electric utility would be unlikely to collect in a competitive market, including, but not limited to, retail open access implementation costs and the costs of a commission approved restructuring, buyout or buy-down of a power purchase contract, together with the costs of issuing, supporting, and servicing securitization bonds and any costs of retiring and refunding the electric utility's existing debt and equity securities in connection with the issuance of securitization bonds. Qualified costs include taxes related to the recovery of securitization charges.