Project Finance definition
Project Finance means any Financial Indebtedness to finance the ownership, acquisition, development, operation and/or maintenance of any asset or business (a “Project”) and incurred by an Obligor in respect of which the person or person to whom any such Financial Indebtedness is, or may be, owed has or have no recourse to any member of the Group for the repayment thereof other than:
Project Finance means a mechanism for financing a project where, ordinarily, the bulk of such financing is by way of debt finance (which is repaid principally out of the revenues produced by the Project) and not by way of equity capital;
Project Finance means any financing arrangement (i) for the provision of funds which are to be used exclusively to finance a particular project for the acquisition, construction, development or exploitation of any property or project; and (ii) under which the creditors under such financing arrangement have agreed to limit, as a principal source of repayment, their recourse only to the assets and revenues of, and quota(s) or shares issued by, the Project Company implementing such project;
Examples of Project Finance in a sentence
In the event the Equipment Collateral, or any part thereof, is sold, transferred, assigned, exchanged, or otherwise disposed of in connection with a Project Finance Transaction, Borrower will, concurrently with the closing of such Project Finance Transaction, prepay the Advance relating to the Equipment Collateral subject thereto at the applicable Prepayment Amount pursuant to Section 2(j)(v) hereof.
More Definitions of Project Finance
Project Finance. Plan shall mean the plan for financing of the costs of the Project set forth in Exhibit J to the Agency Lease.
Project Finance means debt financing non-recourse to the Shareholders provided to the Company by one or more reputable financial institutions which will allow the Company to draw down up to such amount as provided for in the initial Business Plan in order to finance the construction of the System.
Project Finance means a loan from the Department of Energy or third-party lender sufficient to pay for and/or reimburse Seller for construction and initial operations costs and expenses associated with the Makushin Geothermal Project.
Project Finance. Plan shall mean the plan for financing of the costs of the Project set forth in Exhibit J to the Agency Lease. Sales Tax Agent Authorization Letter shall mean the Sales Tax Agent Authorization Letter, substantially in the form set forth in Exhibit H to the Agency Lease and to be delivered in accordance with Section 5.2(e) thereof. Enabling Act.
Project Finance. Transmission power PF406 Project Finance: Road – Availability Project Finance: Power – Baseload – Merchant PF407 PF212 Project Finance: Road – Volume Project Finance: Waste to energy PF408 Project Finance: Parking PF301 PF205 Project Finance: Accommodation Assets PF201
Project Finance. Plan shall mean the plan for financing of the costs of the Project set forth in Exhibit J to the Agency Lease. Project Improvements shall mean all buildings, structures, foundations, related facilities, fixtures and other improvements resulting from the Project Work. Project Work shall mean the work required to complete the construction and/or renovation portion of the Project as such work is further set forth in the Project Cost Budget. Real Estate Taxes shall mean real property taxes levied by the City on real property within Sales and Use Taxes shall mean City and State sales and compensating use taxes and fees imposed pursuant to Article 28 or 28-A of the New York State Tax Law, as the same may be amended from time to time. Sales Tax Agent Authorization Letter shall mean the Sales Tax Agent Authorization Letter, substantially in the form set forth in Exhibit H to the Agency Lease and to be delivered in accordance with Section 5.2(e) thereof. Sales Tax Exemption shall mean an exemption from Sales and Use Taxes resulting from the Agency’s participation in the Project. Sales Tax Savings shall mean all Sales Tax Exemption savings realized by or for the benefit of the Lessee, including any savings realized by any Agent, pursuant to the Agency Lease and each Sales Tax Agent Authorization Letter issued in connection with the Project. State shall mean the State of New York. Straight-Lease Transaction shall have the meaning assigned to that term in the Enabling
Project Finance means, at any time, any Borrowed Money for which any Subsidiary of Constellation is liable which has been applied in or towards the cost of acquisition and/or Construction of any Offshore Equipment or the refinancing of any Borrowed Money in respect