Project Pro Forma definition

Project Pro Forma means a financial model agreed to by Parent and Spring Lane showing the economic results that Parent expects from ownership of DVSL over a period of seven (7) years, which shall include the costs of the Shared Facilities.
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Project Pro Forma means the financial information to be prepared by Developer, and any updates and amendments thereto, including without limitation, the Affordable Project construction budget, estimated sources and uses of financing, and the Affordable Project’s operating budget and reasonably approved by the City as of the date of Closing.
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Project Pro Forma means a projection of the revenues and expenses of the Project setting forth the assumptions upon which it is based, which are reasonably agreed to by the Parties, and in a format consistent with the example Project Pro Forma set forth in Exhibit G.
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Examples of Project Pro Forma in a sentence

  • Subsidy Layering Review Guidelines:Documentation Needed: Project Pro Forma including sources and uses of funds statement, operating pro forma (rate of return on equity investment), project development budget along with certification of federal assistanceSources of Funds a.

  • In addition, include each identified plan’s executive summary and supporting documentation in Section H: Project Pro Forma.

  • In 1918, secondary education was reorganized to include the following: health education, basic skills, good relationships, vocations, civic education, worthy use of leisure time, and ethical behavior.

  • Project Pro Forma Analysis A pro forma template is provided in an Excel format in Attachment 2.

  • Please note that numbers in parentheses refer to the line items on the Project Pro Forma Summary Sheet.

  • City will cooperate with the Developer to maintain the MCWD charges as not to exceed the range assumed in the Project Pro Forma and Reuse Valuation.

  • Redevelopment Project Pro Forma: The Applicant shall provide information in the form of a Summary Pro Forma to indicate the economic basis for the request.

  • Draft Project Pro Forma estimating on a global level, at a minimum, development costs, projected revenue from power generation and sale based on the proposed PPA arrangement and timing of the sale of the plant to the City, other income, operating expenses, construction loan payments, and any lease payments into power cost.

  • The Ministry is keen to start this project as part of its E-Governance program.The MOC has now requested SEDF to take the lead and prepare the Technical Assistance Project Pro Forma (TAPP) for this project.

  • Provide any background or supporting information to verify the funding for predevelopment expenses (e.g. identified financial partner, internal sources, existing credit facilities, etc.).• Pretax Project Pro Forma - Provide a 15-year operating pro forma and projected return on investment for each project phase.


More Definitions of Project Pro Forma

Project Pro Forma has the meaning set forth in the Contribution Agreement.
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Project Pro Forma means the project pro forma for the Minimum Improvements provided to the Authority by the Developer for the purposes of determining the amount of assistance to be provided to the Developer.
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Project Pro Forma. The budget for the operation (projected income/expenses) of the Improvements attached hereto as Exhibit AG@, which has been approved by Purchaser. Property: The Real Property, Personal Property, Service Contracts, Warranties, and the Leases.
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Project Pro Forma means the financial projections for the operation ----------------- of the Project attached to the Credit Agreement as Schedule 5. ----------
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Project Pro Forma means the financial forecasts incorporated in the Project Business Plan of (a) all revenues, costs and expenses relating to: (i) the construction of the Improvements; (ii) the operation and management of the Project; and (iii) the sale of Lots; and (b) the expected dates of the sales of each material asset which comprises the Project.
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Related to Project Pro Forma

  • Pro Forma means producing a balance sheet that reflects a reasonably accurate financial statement of the Failed bank through the date of closing. The pro forma financial statements serve as a basis for the opening entries of both the Assuming Institution and the Receiver.

  • Project Budget means the budget and project description included in the grant application. The Project Budget must succinctly describe all major elements of project work, the estimated cost of each, and clearly allocate requested grant funding and match contributions to each.

  • Pro Forma Cost Savings means, with respect to any four-quarter period, the reduction in net costs and expenses that:

  • Approved Project Budget means the most recent statement, approved by the FTA, of the costs of the Project, the maximum amount of Federal assistance for which the TJPA is currently eligible, the specific tasks (including specified contingencies) covered, and the estimated cost of each task.

  • Base Case Projections means the initial forecast for the Project prepared as of the Effective Date using the Base Case Financial Model.

  • Construction Budget means the fully-budgeted costs for the acquisition and construction of a given parcel of real property (including, without limitation, the cost of acquiring such parcel of real property, reserves for construction interest and operating deficits, tenant improvements, leasing commissions, and infrastructure costs) as reasonably determined by the Parent in good faith.

  • Pro Forma Compliance means, with respect to any transaction, that such transaction does not cause, create or result in a Default after giving Pro Forma Effect, based upon the results of operations for the most recently completed Measurement Period to (a) such transaction and (b) all other transactions which are contemplated or required to be given Pro Forma Effect hereunder that have occurred on or after the first day of the relevant Measurement Period.

  • Material Project EBITDA Adjustments means, with respect to each Material Project:

  • Pro Forma Compliance Certificate means a certificate of a Responsible Officer of the Borrower containing reasonably detailed calculations of the financial covenants set forth in Section 7.11 recomputed as of the end of the period of the four fiscal quarters most recently ended for which the Borrower has delivered financial statements pursuant to Section 6.01(a) or (b) after giving effect to the applicable transaction on a Pro Forma Basis.

  • Development Budget shall have the meaning set forth in Section 3.3.

  • Project Completion means completion of the Redevelopment in accordance with this Agreement to the state where the whole of the Morley Shopping Centre, as so redeveloped, is capable of occupation for its intended purpose;

  • Project Completion Schedule means the progressive Project Milestones set forth in Schedule-J for completion of the Project Highway on or before the Scheduled Completion Date;

  • Pro Forma Debt Service means with respect to the Borrower and the Restricted Subsidiaries, on a consolidated basis, with respect to the next succeeding complete twelve (12) month period following the calculation date, and after giving effect to any Interest Rate Hedge Agreements and Eurodollar Advances, the amount of all (i) scheduled payments of principal on Indebtedness for Money Borrowed for such period (including imputed principal payments with respect to Capitalized Lease Obligations), determined on the basis of the aggregate amount of Indebtedness for Money Borrowed outstanding as of the date of calculation and giving effect to any mandatory reductions in the Commitments and the operation of the other terms of this Agreement (or other instruments or agreements governing Indebtedness for Money Borrowed) during such next succeeding twelve (12) month period, (ii) cash interest payable (including imputed interest with respect to Capitalized Lease Obligations) with respect to Indebtedness for Money Borrowed of such Persons, (iii) fees payable under this Agreement and the other Loan Documents (but specifically excluding fees paid during previous periods but amortized during such period in accordance with GAAP), and (iv) other payments (including fees) payable by such Persons during such period in respect of Indebtedness for Money Borrowed (other than voluntary prepayments under Section 2.7 hereof). For purposes of this definition, where interest payments for the twelve (12) month period immediately succeeding the calculation date are not fixed by way of Interest Rate Hedge Agreements, Eurodollar Advances, or otherwise for the entire period, interest shall be calculated on such Indebtedness for Money Borrowed for periods for which interest payments are not so fixed at the Eurodollar Basis (as determined on the date of calculation and based on the then current adjustment under Section 2.3(f) hereof) for a Eurodollar Advance having an Interest Period of twelve (12) months; provided, however, that if such Eurodollar Basis cannot be determined in the reasonable opinion of the Administrative Agent, such interest shall be calculated using the Base Rate Basis as then in effect.

  • Project Schedule means a document that, with respect to each Phase of the Project, identifies, coordinates and integrates the anticipated design and construction schedules, the Contracting Authority’s and Owner's responsibilities, government authority reviews and other activities as are necessary for the timely completion of the Work.

  • Pro Forma Transaction means any transaction consummated as part of any Permitted Acquisition, together with each other transaction relating thereto and consummated in connection therewith, including any incurrence or repayment of Indebtedness.

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

  • Budget means a resource, expressed in financial terms, proposed by the Board for the purpose of carrying out, for a specific period, any or all of the functions of the Trust.

  • Pro Forma Basis and “Pro Forma Effect” mean, with respect to compliance with any test hereunder for an applicable period of measurement, that (A) to the extent applicable, the Pro Forma Adjustment shall have been made and (B) all Specified Transactions and the following transactions in connection therewith shall be deemed to have occurred as of the first day of the applicable period of measurement (as of the last date in the case of a balance sheet item) in such test: (a) income statement items (whether positive or negative) attributable to the property or Person subject to such Specified Transaction, (i) in the case of a Disposition of all or substantially all Equity Interests in any Restricted Subsidiary of the Parent Borrower or any division, product line, or facility used for operations of the Parent Borrower or any of its Restricted Subsidiaries, shall be excluded, and (ii) in the case of a Permitted Acquisition or Investment described in the definition of “Specified Transaction,” shall be included, (b) any retirement of Indebtedness, and (c) any Indebtedness incurred or assumed by the Parent Borrower or any of its Restricted Subsidiaries in connection therewith and if such Indebtedness has a floating or formula rate, shall have an implied rate of interest for the applicable period for purposes of this definition determined by utilizing the rate which is or would be in effect with respect to such Indebtedness as at the relevant date of determination; provided that, without limiting the application of the Pro Forma Adjustment pursuant to (A) above, the foregoing pro forma adjustments may be applied to any such test solely to the extent that such adjustments are consistent with the definition of Consolidated EBITDA and give effect to events (including operating expense reductions) that are (as determined by the Parent Borrower in good faith) (i) (x) directly attributable to such transaction, (y) expected to have a continuing impact on the Parent Borrower and its Restricted Subsidiaries and (z) factually supportable or (ii) otherwise consistent with the definition of Pro Forma Adjustment.

  • Project Costs means all allowable costs, as set forth in the applicable Federal cost principles, incurred by a recipient and the value of the contribu- tions made by third parties in accom- plishing the objectives of the award during the project period.

  • Project area budget means a multiyear projection of annual or cumulative

  • Approved Project means the Scheme application of the Applicant approved by the CIC.

  • Development Project means a project for the development of land within a

  • Project Plans mean the plans for the Project that are attached to this Agreement as Exhibit “B.”

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

  • Project Implementation Unit or “PIU” means the unit referred to in Section I.A.1 of Schedule 2 to this Agreement.

  • Qualified Project Costs shall have the meaning given to it in the Regulatory Agreement.