Master Financial Plan definition

Master Financial Plan means the a master plan for financing the Project and each Facility, prepared by the Developer and approved by TxDOT, as amended from time to time and as more particularly described in Section 5.3.2 of the Agreement. The Master Financial Plan will be included in the Master Development Plan.
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Examples of Master Financial Plan in a sentence

  • The Master Financial Plan shall include, on a Facility-by-Facility basis, conceptual estimates of capital costs, sources and amounts of revenues over time, sources and amounts of funds, costs of funds, operating and maintenance costs, replacement and renewal costs, assumptions and justifications supporting the reasonableness of assumptions.

  • The development of the Project will follow a process by which TxDOT and Developer will work cooperatively to create a Master Development Plan and associated Master Financial Plan that will identify Facilities and sequence the development of the identified Facilities in a manner that corresponds to projected needs, market demand and available financial resources and ensure consistent, high quality design and construction of Facilities for the benefit of the public.

  • Specific requirements for the Master Financial Plan are set forth in Exhibit E to this Agreement.

  • Developer shall be responsible for promptly updating the approved Project Management Plan to incorporate changes in the contents of the Project Management Plan, changes that may arise due to changes in the Master Development Plan and Master Financial Plan, and new or changes in Facility Implementation Plans and Facility Financial Plans.

  • Developer’s compensation for preparation and submission of each of the Deliverables for the Initial Scope of Work identified in Exhibit J of this Agreement, including its proposed Master Development Plan, Master Financial Plan and Project Management Plan shall be the lump sum prices for each Milestone set forth in Exhibit J.

  • The Master Development Plan and the Master Financial Plan will build upon the initial Conceptual Development Plan and Conceptual Financial Plan included with Proposal.

  • For the first 18 months after issuance of the Project NTP2, Developer shall work closely with TxDOT to prepare the Master Development Plan and the Master Financial Plan, both in compliance with the procedures set forth in the approved Project Management Plan for the Project and in accordance with the requirements of this Agreement.

  • The Master Development Plan and Master Financial Plan shall be subject to TxDOT’s written approval in its sole discretion.

  • Developer and TxDOT may mutually agree to incorporate into the Master Development Plan, including the Master Financial Plan, components of or concepts contained in the proposals submitted by unsuccessful proposers in response to the RFP and components or concepts generated from other sources, including TxDOT, regional mobility authorities and metropolitan planning organizations.

Related to Master Financial Plan

  • Fiscal Year means the fiscal year of the Company.

  • EEA Financial Institution means (a) any credit institution or investment firm established in any EEA Member Country which is subject to the supervision of an EEA Resolution Authority, (b) any entity established in an EEA Member Country which is a parent of an institution described in clause (a) of this definition, or (c) any financial institution established in an EEA Member Country which is a subsidiary of an institution described in clauses (a) or (b) of this definition and is subject to consolidated supervision with its parent.

  • Benefit Plan means any of (a) an “employee benefit plan” (as defined in ERISA) that is subject to Title I of ERISA, (b) a “plan” as defined in and subject to Section 4975 of the Code or (c) any Person whose assets include (for purposes of ERISA Section 3(42) or otherwise for purposes of Title I of ERISA or Section 4975 of the Code) the assets of any such “employee benefit plan” or “plan”.

  • Plan means any employee pension benefit plan (other than a Multiemployer Plan) subject to the provisions of Title IV of ERISA or Section 412 of the Code or Section 302 of ERISA, and in respect of which the Borrower or any ERISA Affiliate is (or, if such plan were terminated, would under Section 4069 of ERISA be deemed to be) an “employer” as defined in Section 3(5) of ERISA.

  • SCC means the Special Conditions of Contract.

  • PBGC means the Pension Benefit Guaranty Corporation.

  • EU Bail-In Legislation Schedule means the EU Bail-In Legislation Schedule published by the Loan Market Association (or any successor person), as in effect from time to time.

  • Group the Company and its subsidiaries

  • IRS means the United States Internal Revenue Service.

  • GAAP means United States generally accepted accounting principles.

  • Benchmark Replacement Adjustment means, with respect to any replacement of the then-current Benchmark with an Unadjusted Benchmark Replacement, the spread adjustment, or method for calculating or determining such spread adjustment, (which may be a positive or negative value or zero) that has been selected by the Administrative Agent and the Borrower giving due consideration to (a) any selection or recommendation of a spread adjustment, or method for calculating or determining such spread adjustment, for the replacement of such Benchmark with the applicable Unadjusted Benchmark Replacement by the Relevant Governmental Body or (b) any evolving or then-prevailing market convention for determining a spread adjustment, or method for calculating or determining such spread adjustment, for the replacement of such Benchmark with the applicable Unadjusted Benchmark Replacement for Dollar-denominated syndicated credit facilities at such time.

  • Borrower as defined in the preamble hereto.

  • Program means the statutorily authorized activities of the System Agency under which this Contract has been awarded.

  • ERISA Affiliate means any trade or business (whether or not incorporated) that, together with the Borrower, is treated as a single employer under Section 414(b) or (c) of the Code or, solely for purposes of Section 302 of ERISA and Section 412 of the Code, is treated as a single employer under Section 414 of the Code.

  • Compliance Certificate means a certificate substantially in the form of Exhibit D.

  • Subsidiary means an entity in which more than 50 percent of the entity is owned—

  • Company has the meaning set forth in the Preamble.

  • SOFR with respect to any day means the secured overnight financing rate published for such day by the Federal Reserve Bank of New York, as the administrator of the benchmark, (or a successor administrator) on the Federal Reserve Bank of New York’s Website.

  • Interest Period means the period beginning on (and including) the Interest Commencement Date and ending on (but excluding) the first Interest Payment Date and each successive period beginning on (and including) an Interest Payment Date and ending on (but excluding) the next succeeding Interest Payment Date.

  • Applicable Margin means:

  • S&P means Standard & Poor’s Ratings Services, a division of The XxXxxx-Xxxx Companies, Inc. and any successor thereto.

  • Multiemployer Plan means a multiemployer plan as defined in Section 4001(a)(3) of ERISA.

  • Write-Down and Conversion Powers means, with respect to any EEA Resolution Authority, the write-down and conversion powers of such EEA Resolution Authority from time to time under the Bail-In Legislation for the applicable EEA Member Country, which write-down and conversion powers are described in the EU Bail-In Legislation Schedule.

  • Standard Settlement Period means the standard settlement period, expressed in a number of Trading Days, on the Company’s primary Trading Market with respect to the Common Stock as in effect on the date of delivery of the Notice of Exercise.

  • Unadjusted Benchmark Replacement means the applicable Benchmark Replacement excluding the related Benchmark Replacement Adjustment.

  • Corporation means a corporation, association, company, joint-stock company or business trust.