Revised Financial Model definition
Examples of Revised Financial Model in a sentence
In the event of any failure by a Funding Partner to make a contribution within sixty (60) days of the date by which such contribution is due pursuant to the Phase 2 Funding Procedures, the Borrower shall prepare and submit to the TIFIA Lender a Revised Financial Model demonstrating what funds are available to the Borrower to complete the Project and describing the availability of such funds to the Borrower as of the date of such Revised Financial Model.
Any Purchaser that has not provided a notice to the Company as set forth in this Section 2.4(b) prior to the expiration of such period (as may be extended at any time by the Company in its sole and absolute discretion for any Purchaser or only certain Purchasers) shall be conclusively deemed to have (i) found the Revised Financial Model unacceptable and (ii) elected not to participate in the Second Closing.
The Revised Financial Model shall be updated to include the Adjustment for Change in Financial Plan and will become the Financial Close Financial Model.
Such written notice shall include a copy of the Revised Financial Model.
For an event described in Section 16(g)(viii), the Borrower shall provide a Revised Financial Model as provided in Section 16(n)(iii).