Initial Financial Model definition
Initial Financial Model means the final financial model in respect of the Project and the Closing Date Business delivered by the Principal Borrower to the Lenders and the Independent Engineer on or prior to the Closing Date.
Initial Financial Model has the meaning set forth in Section 5.10(a) .
Initial Financial Model means the projection of the cash flows for the Equipment, the Ettrick Project and the Unit Projects delivered by the Bluewater Agent to the Facility Agent prior to the date of the Credit Agreement;
Examples of Initial Financial Model in a sentence
Within thirty (30) days of its receipt thereof, the Independent Engineer shall notify the Technical Agent whether or not, in its professional opinion, each of the updated Operating Plan, updated Construction Budget and updated Financial Model is in material compliance with the Initial Operating Plan, Initial Construction Budget and the Initial Financial Model, respectively.
More Definitions of Initial Financial Model
Initial Financial Model shall have the meaning ascribed to it in Clause 33.1 (Initial Financial Model);
Initial Financial Model means the financial model in relation to the Project (in electronic form, together with a print out of summary results, initialled on the first page on behalf of the Borrower and the Senior Agent for the purposes of identification) prepared for the purposes of the Senior Finance Documents, agreed by the Borrower and the Senior Agent and audited by the Model Auditor prior to the Signature Date.
Initial Financial Model means the financial computer model, including the Financial Model Formulas and the related output, audited by an independent model auditor reasonably acceptable to FDOT that is used to produce the financial forecasts that results in achievement of the Initial Equity IRR as described under ITP Section 6.7.2.
Initial Financial Model means the financial model in connection with the Prisa Group for the purposes of the Facilities agreed between the Arranger and the Borrower (for these purposes including the financial projections, forecasts and assumptions provided by the Borrower and used by the Arranger in connection with the preparation of this initial financial model).
Initial Financial Model means the set of excel spreadsheets that are included within Annex 1 of Schedule 4.4 (Financial Reports and Audit Rights) of the Call-Off Terms; "Initial Term" means the period of seven years from and including the Service Commencement Date; "Insolvency Event" means: (a) the other Party suspends, or threatens to suspend, payment of its debts, or is unable to pay its debts as they fall due or admits inability to pay its debts, or: (i) (being a company or a LLP) is deemed unable to pay its debts within the meaning of section 123 of the Insolvency Act 1986; or (ii) (being a partnership) is deemed unable to pay its debts within the meaning of section 222 of the Insolvency Act 1986; (b) the other Party commences negotiations with one or more of its creditors (using a voluntary arrangement, scheme of OFFICIAL - SENSITIVE - COMMERCIAL Expression Definition arrangement or otherwise) with a view to rescheduling any of its debts, or makes a proposal for or enters into any compromise or arrangement with one or more of its creditors or takes any step to obtain a moratorium pursuant to Section 1A and Schedule A1 of the Insolvency Act 1986 other than (in the case of a company, a LLP or a partnership) for the sole purpose of a scheme for a solvent amalgamation of that other Party with one or more other companies or the solvent reconstruction of that other Party; (c) a person becomes entitled to appoint a receiver over the assets of the other Party or a receiver is appointed over the assets of the other Party; (d) a creditor or encumbrancer of the other Party attaches or takes possession of, or a distress, execution or other such process is levied or enforced on or sued against, the whole or any part of the other Party's assets and such attachment or process is not discharged within fourteen (14) days; (e) the other Party suspends or ceases, or threatens to suspend or cease, carrying on all or a substantial part of its business; (f) where the other Party is a company, a LLP or a partnership: (iii) a petition is presented (which is not dismissed within fourteen (14) days of its service), a notice is given, a resolution is passed, or an order is made, for or in connection with the winding up of that other Party other than for the sole purpose of a scheme for a solvent amalgamation of that other Party with one or more other companies or the solvent reconstruction of that other Party; (iv) an application is made to court, or an order is made, for the appointment of an adminis...
Initial Financial Model has the meaning given in Schedule 7.5 (Financial Reports and Audit Rights);
Initial Financial Model means the financial model dated September 27, 2010 and referenced as “LRP Case #311 Sept27, 2010”.