Project Finance Indebtedness definition

Project Finance Indebtedness means any present or future indebtedness incurred to finance the ownership, acquisition, development and/or operation of an asset, whether or not an asset of a member of the Group:

Project Finance Indebtedness means any indebtedness incurred by a debtor to finance the ownership, acquisition, construction, development and/or operation of an Asset or connected group of Assets in respect of which the Person or Persons to whom such indebtedness is, or may be, owed have no recourse for the repayment of or payment of any sum relating to such indebtedness other than:

Project Finance Indebtedness means any present or future Indebtedness incurred to finance the ownership, acquisition, development and/or operation of an asset, whether or not an asset of the Company or the Guarantor, in respect of which the person or persons to whom any such Indebtedness is or may be owed by the relevant borrower (whether or not the Company or the Guarantor) is entitled to have recourse solely to such asset and revenues generated by the operation of, or loss or damage to, such asset.

Examples of Project Finance Indebtedness in a sentence

• The Bondholders acknowledge and agree that the inter-creditor agreements and arrangements described in sub- clause (c) above will, if required under the terms of the Project Finance Indebtedness or by the Project Finance Parties, be implemented (with necessary or appropriate amendments) even if the respective security interests in the Shares are held by a joint security agent.

• Opinion of Counsel 5 Original Issue Discount Security 5 Outstanding 6 Paying Agent 7 Person 7 Place of Payment 7 Predecessor Security 7 Project Finance Indebtedness 7 Redemption Date 8 Redemption Price 8 Regular Record Date 8 Responsible Officer 8 Securities 8 Security Register and Security Registrar 8 Special Record Date 8 Stated Maturity 8 Subsidiary 8 Subsidiary Undertaking 9 Trustee 9 Trust Indenture Act 9 United States 9 U.S. Government Obligations 9 SECTION 102.

• Original Issue Discount Security 5 Outstanding 5 Paying Agent 6 Person 7 Place of Payment 7 Predecessor Security 7 Project Finance Indebtedness 7 Redemption Date 8 Redemption Price 8 Regular Record Date 8 Responsible Officer 8 Securities 8 Security Register and Security Registrar 8 Special Record Date 8 Stated Maturity 8 Subsidiary 8 Subsidiary Undertaking 8 Trustee 9 Trust Indenture Act 9 United States 9 U.S. Government Obligations 9 SECTION 102.

More Definitions of Project Finance Indebtedness

Project Finance Indebtedness means any present or future Indebtedness incurred in financing or refinancing the ownership, acquisition, construction, development, leasing, maintenance and/or operation of an asset or assets, whether or not an asset of a member of the Group:

Project Finance Indebtedness. ’ means any present or future indebtedness for borrowed money incurred to finance the ownership, construction, acquisition, development and/or operation of an asset or group of related assets of a member of the Group:

Project Finance Indebtedness means any Indebtedness for Borrowed Money incurred in order to finance the ownership, acquisition, development and/or operation of any asset:

Project Finance Indebtedness means any indebtedness to finance or refinance the ownership, acquisition, development and/or operation of an asset or assets in respect of which the person or persons to whom any such indebtedness is or may be owed by the relevant borrower (whether or not the Issuer, the Guarantor or any of its Subsidiaries) has or have no recourse whatsoever to the Guarantor or any of its Subsidiaries for the repayment thereof except for:

Project Finance Indebtedness means Financial Indebtedness (in respect of which Security has been given) incurred by a member of the Group (a “Project Group Member”) for the purposes of financing the acquisition, construction, development and/or operation of an asset (a “Project Asset”) where the provider of the Financial Indebtedness has no recourse against any member of the Group, except for recourse to:

Project Finance Indebtedness means any Indebtedness (not being Indebtedness incurred by the Guarantor) to provide finance for, or in relation to, a project in respect of which the Person or Persons to whom any such Indebtedness is or may be owed by the relevant Person (the “borrower”) has or have no recourse whatsoever to the Guarantor or any Material Subsidiary for the repayment thereof other than, if such borrower is not a Project Subsidiary:

Project Finance Indebtedness means in respect of any Project Company, secured or unsecured financial indebtedness of a Project Company in relation to a Project, none of which retains the benefit (by operation of law or otherwise) of any loan, guarantee, bond, security indemnity or other commitment from another member of the Group (other than security granted to third party lenders over receivables, contracts, bank accounts, shares in, or other assets of such Project Company and any guarantees, loans, indemnities or other commitments granted, assumed and/or issued by the Issuer or any of its Subsidiaries until the Project Completion Date solely to secure that financial indebtedness and any other ancillary obligations in connection with the relevant Project), to assure the repayment of, or indemnify the third party lenders against any loss in respect of any non-payment of, that financial indebtedness;