Financing Parameters definition

Financing Parameters means the parameters established by the governing body of the Local Government regarding the terms and conditions of the Local Bond, which may include a maximum par amount, maximum "true" interest cost or targeted savings.
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Financing Parameters means the parameters established by the governing body of the Local Government regarding the terms and conditions of this Agreement, which may include a maximum principal amount of Rental Payments, maximum "true" interest cost or targeted savings.
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Financing Parameters means debt or refinancing which does not (i) result in debt exceeding 75% of the value of the hotel(s) securing such debt, or (ii) exceed a 1.15 debt coverage ratio of the hotel(s) securing such debt.
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Examples of Financing Parameters in a sentence

  • The Local Government acknowledges that the Lease Proceeds Amount (i) is determined by VRA, (ii) is subject to VRA's Pricing Objective and market conditions as described below, (iii) is expected to be substantially equal to the Proceeds Requested and (iv) is subject to the Financing Parameters.

  • The City shall cooperate with Owner to determine the timing and size of the proposed bond issuances in accordance with the CFD Financing Parameters outlined in Exhibit I.


More Definitions of Financing Parameters

Financing Parameters means the conditions set forth in clauses (a), (b) and (c) of Section 3.9."
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Financing Parameters means those criteria set forth in Article 7 with respect to the Company Manager's ability to secure or refinance Company debt without consent from the Board of Managers.
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Financing Parameters shall have the meaning set forth in Section 3.1(a);
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Financing Parameters means the following (a) interest rate of 11% per annum, (b) aggregate fees to the lender equal to 2% of the aggregate principal amount, (c) prepayment penalties equal to 5% of the aggregate principal amount, (d) issuance of Secured Warrants, (e) secured by a first priority security interest in all of the Company’s assets, excluding intellectual property, (f) a negative pledge on the Company’s intellectual property with exceptions permitting exclusive and non-exclusive licensing, partnerships and joint ventures in the ordinary course of business, and (g) such other customary terms and conditions as may be reasonably acceptable to Parent.
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Financing Parameters shall have the meaning set forth in Section 3.1(a);
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Related to Financing Parameters

  • Financing Plan means the Republic of Venezuela 1990 Financing Plan dated June 25, 1990, distributed to the international banking community.

  • Financing Party means any and all Persons, or the agents or trustees representing them, providing senior or subordinated debt or tax equity financing or refinancing (including letters of credit, bank guaranties or other credit support).

  • Financing Parties means Parties financing the Project, pursuant to Financing Documents.

  • Financing Period means the number of calendar days from, but excluding, the immediately preceding Reset Date to, and including, the current Reset Date.

  • 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.

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

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

  • Financing Transactions means (a) the execution, delivery and performance by each Loan Party of the Loan Documents to which it is to be a party and (b) the initial borrowing of Loans hereunder and the use of the proceeds thereof.