Grant Financing definition

Grant Financing means any Debt secured solely by (a) one or more grants provided by a Governmental Authority with respect to assets of the Borrower or its Subsidiaries located at, or used in the opening of the Saarland Facility, (b) the campus, facility, project or other development being financed with the proceeds of such grants and/or (c) and immaterial incidental assets related to the foregoing.
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Grant Financing means any Indebtedness secured solely by (x) one or more grants provided by a Governmental Authority with respect to the Saarland Assets after the Closing Date, (y) the campus, facility, project or other development being financed with the proceeds of such grants and (z) and immaterial incidental assets related to the foregoing.
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Grant Financing means the grant funding arranged by the Sub-Lessee with the RSD to finance, in part, the Construction of the School Facility pursuant to the Grant Agreement.
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Examples of Grant Financing in a sentence

  • Any imported component from a non-free world country makes the indigenous commodity ineligible for the Conditional Grant Financing.

  • CTA intends to finance the Project with Other Financing, including but not limited to CTA Debt, Grant Financing, CTA Bond Financing, and Existing IGA Financing (as such terms are defined in Section 2).

  • All eligible expenditures belonging to the categories above will be apportioned on a 50:50 pari passu basis between the Loan Financing and the Grant Financing.

  • Upon the receipt of any proceeds from a grant in respect of any Grant Financing, promptly apply such proceeds to repay such Grant Financing.


More Definitions of Grant Financing

Grant Financing means (i) the FFGA and (ii) a grant from DOT through the Congestion Mitigation and Air Quality Improvement (CMAQ) Program in the approximate amount of $125,000,000.
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Grant Financing means any Indebtedness secured solely by (x) one or more grants provided by a Governmental Authority with respect to the Saarland Assets after the Closing Date, (y) the campus, facility, project or other development being financed with the proceeds of such grants and
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Related to Grant Financing

  • Subsequent Financing shall have the meaning ascribed to such term in Section 4.12(a).

  • Exit Financing means the financing under the Exit Facility.

  • Concurrent Financing means the various third party financing arrangements the Company is executing pursuant to the agreements described on Schedule 2.1(c)(i) (the “Concurrent Financing”) separate and apart from the transactions contemplated by this Agreement.

  • Subsequent Financing Notice shall have the meaning ascribed to such term in Section 4.12(b).

  • Permanent Financing means long-term debt (with a term of no less than fifteen (15) years) including a mortgage or other financing evidenced by a lien against the property. Permanent sources of financing identified on Page 7 of Form 3 to cover development costs (including capitalized operating and replacement reserves) may not include letters of credit, cash from operations, the lease up reserve or other non-cash contributions to the Project.