New Money Project definition

New Money Project means the facilities to be financed from proceeds of the Series 2003D Bonds and the Series 2003E Bonds, as described in Exhibit A-2 to the Agreement.
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New Money Project means the financing and reimbursing of (i) the acquisition, construction, equipping and installation of an approximately 77-bed new general acute care hospital facility in the Durbin Park area of the county, including related buildings, improvements, equipment, fixtures and furnishings and (ii) the acquisition, construction and equipping of capital additions and improvements at the Hospital’s main campus.
Sample 1
New Money Project means financing the construction, reconstruction, widening, extending, resurfacing and improving Thomas Langston Road and the Statonsburg Road/10th Street Connector including traffic controls and lighting, and acquiring any necessary right of way thereof.]
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Examples of New Money Project in a sentence

  • Please complete the attached worksheets for the New Money Project so that every asset to be financed is included in the worksheets, either individually or together with similar assets.

  • Please provide the dates of actual or expected commencement and completion of construction of the New Money Project.

  • NAME OF SCHOOL DISTRICT: WORKSHEET: New money ASSETS #1Allocation of Proceeds to New Money Assets (1) Total Cost of New Money Project: $______________.

  • Other TOTAL _______________1 Note that this figure may be the same as the total cost of New Money Project in question (1) above.2 Pursuant to I.R.C. Section 147(b)(3)(B), land is not taken into account in determining economic life, unless 25% or more of net proceeds is to be used to finance land.

  • The Rental Payments related to the New Money Project and any amounts issued to pay costs of issuance shall have a true interest cost not to exceed 5.5% per annum (exclusive of "Supplemental Interest" as provided in the Financing Lease and taking into account any original issue discount or premium).

  • The Rental Payments shall be composed of principal and interest components reflecting (1) for the New Money Project, an original aggregate principal amount not to exceed $7,235,000 (exclusive of amounts needed to finance costs of issuance), (2) for the Refunding Project, an amount necessary to refund the Refunded Bonds, and (3) amount sufficient to pay costs of issuance.

  • The Rental Payments related to the New Money Project shall have a final payment not later than the end of the fiscal year that is 21 years after the date of the Financing Lease.

  • The Borrowers will obtain when needed all other Consents required for the performance of its obligations under the Financing Instruments, and for the operation of the Facilities and the undertaking of the New Money Project and has no reason to believe that all such Consents cannot be promptly obtained when needed.

  • The property for which the original expenditure may be fully or partially reimbursed from bond proceeds consists of the New Money Project described in Section 2 of the Ordinance.

  • The Authority hereby finds that the refunding of the Series 2017A Bond and the Series 2017B Bond and the financing of the New Money Project, are advisable and in furtherance of the purposes for which the Authority was organized and will serve the purposes of the Act.


More Definitions of New Money Project

New Money Project means the property financed by the issuance of a portion of the Certificates, including construction, land and other acquisition and improvement of facilities and land for a residence hall on the campus of the University of Nevada, Reno, and the payment of the Project Costs, including the costs of issuance of the Certificates, the costs of which Project are paid or reimbursed from a portion of the proceeds of Certificates. date hereof.
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Related to New Money Project

  • New Project means (a) each facility which is either a new facility, branch or office or an expansion, relocation, remodeling or substantial modernization of an existing facility, branch or office owned by the Borrower or its Subsidiaries which in fact commences operations and (b) each creation (in one or a series of related transactions) of a business unit to the extent such business unit commences operations or each expansion (in one or a series of related transactions) of business into a new market.

  • Construction project means the same as that term is defined in Section 38-1a-102.

  • Power Project or “Project” shall mean the Solar power generation facility of Contracted Capacity of ………..[Insert capacity] MW, located at [Insert name of the place] in …. [Insert name of the District and State] having a separate control system, metering and separate points of injection into the grid at Delivery/Interconnection/Metering point at ISTS substation or in case of sharing of transmission lines, by separate injection at pooling point. This includes all units and auxiliaries such as water supply, treatment or storage facilities; bay/s for transmission system in the switchyard, dedicated transmission line up to the Delivery Point and all the other assets, buildings/structures, equipment, plant and machinery, facilities and related assets required for the efficient and economic operation of the power generation facility; whether completed or at any stage of development and construction or intended to be developed and constructed for the purpose of supply of power as per this Agreement;

  • Project means the goods or Services described in the Signature Document or a Work Order of this Contract.

  • Project Loan means the loan made by the Governmental Lender to the Borrower pursuant to the Project Loan Agreement in the original principal amount of $[AMOUNT], as evidenced by the Project Note.

  • Sub-project means a specific development project to be carried out by a Beneficiary utilizing the proceeds of a Sub-loan; and

  • Project Property means the real property on or for which preconstruction service or construction work is or will be provided.

  • Project Financing means: (a) one or more loans, leases, equity and/or debt financings, together with all modifications, renewals, supplements, substitutions and replacements thereof, the proceeds of which are used to finance or refinance the costs of the Customer Facility, any alteration, expansion or improvement to the Customer Facility, the purchase and sale of the Customer Facility or the operation of the Customer Facility; (b) a power purchase agreement pursuant to which Interconnection Customer’s obligations are secured by a mortgage or other lien on the Customer Facility; or (c) loans and/or debt issues secured by the Customer Facility.

  • The Project means supply, installation, testing and commissioning, integration of computer hardware and services with support under Warranty and annual maintenance contract, if required for the contract period.

  • Expansion Project has the meaning set forth in Section IV.3.a of this Agreement.

  • Secure facility or "detention home" means a local, regional or state public or private locked

  • Project Assets means all physical and other assets relating to (a) tangible assets such as civil works and equipment including foundations, embankments, pavements, road surface, interchanges, bridges, culverts, road over-bridges, drainage works, traffic signals, sign boards, kilometre-stones, [toll plaza(s)], electrical systems, communication systems, rest areas, relief centres, maintenance depots and administrative offices; and (b) Project Facilities situated on the Site;

  • Green infrastructure means a stormwater management measure that manages stormwater close to its source by:

  • Solar PV Project means the solar Photo Voltaic Power project that uses sunlight for direct conversion into electricity through Photo Voltaic technology.

  • RFP Project Documents means the following documents to be entered into in respect of the Project, by the parties to the respective agreements:

  • Projects means the projects identified in Exhibit A to the Agreement and all other projects, any costs of which are included in a Transitional Capital Plan pursuant to the Act or are Recovery Costs, and financed, by payment or reimbursement, with the proceeds of Bonds or Notes.

  • Energy project means the installation or modification of an energy efficiency improvement or the acquisition, installation, or improvement of a renewable energy system.

  • Housing project means a project, or distinct portion of a

  • Affordable housing project means, for purposes of this part, title fourteen of article twenty seven of the environmental conservation law and section twenty-one of the tax law only, a project that is developed for residential use or mixed residential use that must include affordable residential rental units and/or affordable home ownership units.

  • Infrastructure facility means a building; structure; or networks of buildings, structures, pipes, controls, and equipment, or portion thereof, that provide transportation, utilities, public education, or public safety services. Included are government office buildings; public schools; courthouses; jails; prisons; water treatment plants, distribution systems, and pumping stations; wastewater treatment plants, collection systems, and pumping stations; solid waste disposal plants, incinerators, landfills, and related facilities; public roads and streets; highways; public parking facilities; public transportation systems, terminals, and rolling stock; rail, air, and water port structures, terminals, and equipment.

  • Idle facilities means completely unused facilities that are excess to the governmental unit's current needs.

  • Redevelopment project means any work or undertaking

  • Investment Project means an investment in qualified buildings

  • Real Property Interests means all interests in Owned Real Property and Leased Real Property, including fee estates, leaseholds and subleaseholds, purchase options, easements, licenses, rights to access, and rights of way, and all buildings and other improvements thereon and appurtenant thereto, owned or held by Sellers that are used in the business or operations of the Stations, together with any additions, substitutions and replacements thereof and thereto between the date of this Agreement and the Closing Date, but excluding the Excluded Real Property Interests.

  • Infrastructure project means any construction or acquisition of treatment works,

  • Property line means the division line between two units of land.