Project Financing Plan definition
Examples of Project Financing Plan in a sentence
The Project Financing Plan and Budget most recently approved by the Commissioner shall constitute the budget for the Project.
Approval by the Commissioner of any revised Project Financing Plan and Budget shall not constitute or imply a revision of the amount of the Funding.
Any amount in excess of the amount of the Funding that may be necessary to cover the cost of the Project as set forth in the most recently approved Project Financing Plan and Budget shall be the responsibility of the Applicant and shall not be covered by the Funding.
The Project Financing Plan and Budget may be amended by request of the Applicant if such request is approved in writing by the Commissioner.
The Applicant shall, as a minimum, provide the level and sources of funding as indicated in the Project Documents, and shall expend those funds in accordance with the Project Financing Plan and Budget.
The update to the Project Financing Plan shall include the level of detail included in the original Project Financing Plan.
The Funding shall be used for the Project as set forth in the Commissioner’s LOI and in accordance with the most recently approved Project Financing Plan and Budget.
Further, the Municipality will carry out the Project with all practicable dispatch in a sound, economical, and efficient manner in accordance with the Project Financing Plan and Budget as more fully described in Article 2 below, its Application, and with this Agreement.
Further, the Municipality will carry out the Project with all practicable dispatch in a sound, economical, and efficient manner in accordance with this Agreement, including, without limitation, the Project Financing Plan and Budget (as defined below) and its Application.
The Project Financing Plan shall be updated for each phase of the development of the Project if the Development is financed and constructed in phases.