Projected Purchase Option Price means, with respect to a Purchase Option, an amount estimated by the related Managing Member and agreed upon by the Agent and reflected in Column C of Schedule VII hereto, and as such amount may be adjusted from time to time upon the agreement by the Borrower and the Agent.
Projected Purchase Option Price means, with respect to a Purchase Option, an amount estimated by the related Managing Member and agreed upon by the Administrative Agent on or before the Scheduled Commitment Termination Date; provided, that the Projected Purchase Option Price for any Purchase Option related to a Financing Fund LLC that includes a Financing Fund Withdrawal Right shall be reduced to the extent the related Financing Fund Withdrawal Amount Deposit is then on deposit in the Supplemental Reserve Account. Should the Availability Period expire before the Scheduled Commitment Termination Date, the Administrative Agent may use its reasonable judgment to estimate the Projected Purchase Option Price.
Projected Purchase Option Price means, with respect to a Purchase Option, an amount estimated by the related Managing Member and agreed upon by the Administrative Agent on or before the Scheduled Commitment Termination Date. Should the Availability Period expire before the Scheduled Commitment Termination Date, the Administrative Agent may use its reasonable judgment to estimate the Projected Purchase Option Price.
More Definitions of Projected Purchase Option Price
Projected Purchase Option Price means with respect to the TEP IV-C Project Company, $[***]. "Projected Tax Equity Investor Distributions" for any calendar quarter are the amounts projected to be distributed to the Tax Equity Investor Member based on Scheduled Host Customer Payments, Scheduled PBI Payments and Projected TREC Payments assuming that the Purchase Option is not exercised and no Limited Step-up Events occur.
Projected Purchase Option Price means, with respect to a Purchase Option, an amount estimated by the related Managing Member and agreed upon by the Administrative Agent on or before the Scheduled Commitment Termination Date; provided, that the Projected Purchase Option Price for the Purchase Option related to TEP V-E shall be reduced to the extent the TEP V-E Withdrawal Amount Deposit is then on deposit in the Supplemental Reserve Account. Should the Availability Period expire before the Scheduled Commitment Termination Date, the Administrative Agent may use its reasonable judgment to estimate the Projected Purchase Option Price.