Examples of Market Consultant in a sentence
The Owner Participant, the Indenture Trustee and the Pass Through Trustees shall have received copies of the reports of the Engineering Consultant, the Insurance Consultant, and the Power Market Consultant, which reports shall be dated as of the Closing Date and shall otherwise each be in form and substance reasonably satisfactory to the recipients.
Without limiting the generality of the foregoing, no representation or warranty is made by the Borrower as to any information or material provided by the Independent Engineer, the Market Consultant or the Insurance Advisor (except to the extent such information or material originated with the Borrower).
If the Recourse Debt is to be incurred by the Borrower with respect to a generating facility in a market with respect to which the Independent Market Consultant has previously provided a report, including a market forecast, the Market Forecast to be delivered by the Independent Market Consultant shall be an update of the market forecast contained in the most recent report of the Independent Market Consultant with respect to such market.
If the Recourse Debt is to be incurred by the Borrower with respect to a generating facility in a market with respect to which the Independent Market Consultant has not previously provided a report, including a market forecast, the Market Forecast to be delivered by the Independent Market Consultant shall be contained in a new report of the Independent Market Consultant with respect to such market.
Notwithstanding the foregoing, the projections in clause (y)(A) above need not be prepared on the basis of an updated Market Forecast by the Independent Market Consultant (but may be prepared on the basis of market forecasts made by the Borrower at such time) for incurrences of Recourse Debt which do not exceed either (1) $100,000,000 per incurrence or (2) $150,000,000 within any 12-month period.