Financing Party definition

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).

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedSchedule a Demo

Financing Party means any and all of the following: the Holders, the Indenture Trustee, Duke Energy Carolinas, collateral agents, any party under the Basic Documents, or any other person acting for the benefit of the Holders.

Financing Party means a holder of securitization bonds, including trustees, collateral agents, and other persons acting for the benefit of the holder.

Examples of Financing Party in a sentence

• The provisions of this Section shall be subject to any consent or similar agreement entered into by Vendor and Purchaser with a Financing Party.

• Each Financing Party shall have the option, but not the obligation, to cure any Purchaser Event of Default within (i) an additional seven (7) business days thereafter if it is a payment default or (ii) an additional ten (10) business days thereafter if it is anything other than a payment default and/or, such additional time consented to by Vendor and reasonably necessary to cure such failure, and further provided that such Financing Party promptly commences and diligently thereafter pursues such cure.

• If a Financing Party desires to cause their designee to assume a Purchase Order, they shall provide notice to that effect within the foregoing applicable period after receipt of Vendor’s notice to the Financing Parties of Purchaser’s failure to cure the default and Vendor’s intent to terminate such Purchase Order.

More Definitions of Financing Party

Financing Party means either of the following:

Financing Party means the Persons (including any trustee or agent on behalf of such Persons) providing financing or refinancing to or on behalf of Seller for the design, development, construction, testing, commissioning, operation or maintenance of the Facility (whether limited recourse, or with or without recourse).

Financing Party means any third-party entity providing debt or equity financing to Provider (or any successor or assignee thereof) with respect to the System, including without limitation a party providing construction financing, a lessor in a sale-leaseback transaction, a partner in a partnership flip transaction, or a limited liability company member in an equity sale transaction.

Financing Party means bondholders and trustees, collateral agents, any party under an ancillary

Financing Party means any Person providing debt, lease or equity financing (including equity contributions or commitments) or hedging arrangements, or any renewal, extension or refinancing of any such financing or hedging arrangements, or any guarantee, insurance, letters of credit or credit support for or in connection with such financing or hedging arrangements, in connection with the ownership, lease, operation or maintenance of the Project or interests or rights in the Lease, or any part thereof, including any trustee or agent acting on any such Person’s behalf.

Financing Party. Any Person who is or may be participating with the Lessor in any way in connection with the financing of any Capital Addition.

Financing Party means a Project Lessor or Lender.