Examples of Required Financial Closing Date in a sentence
The Performance Security shall be forfeited without any notice, demand, or other legal process if the Project Sponsor or the Company fails to achieve the Financial Closing on or before the Required Financial Closing Date or termination of the PPA and IA due to Company Event of Default.
BPDB shall procure the registration of this Lease Agreement under the Registration Act, 1908 (Act XVI of 1908) and provide to the Company, by no later than the date ten (10) Days prior to the Required Financial Closing Date, satisfactory evidence that such registration has been completed.
BPDB shall deliver to the Company exclusive and continuing possession of the Demised Premises and non-exclusive, free and unfettered use of the Access Road on or before the date that is no later than the Required Financial Closing Date (the “Scheduled Possession Date”).
The termination right and right to draw under the Bid Guarantee shall be the sole and exlcusive remedies available to GPA against Project Company for failure to achieve Financial Close by the Required Financial Closing Date.
Failure to Achieve Financial Closing In the event that Project Company fails to achieve Financial Close by the Required Financial Closing Date or extended Required Financial Closing Date, either Party may terminate this Agreement.