Specified Projects definition

Specified Projects means (a) the projects of the Loan Parties identified in Schedule 1.02(c) and (b) certain other projects of the Loan Parties (i) that have Capital Expenditures attributable thereto in excess of $5,000,000, (ii) that are identified in the certificate to be delivered pursuant to Section 8.01(d), and (iii) for which the Borrower has provided to the Administrative Agent, not less than thirty (30) days (or such lesser period as is reasonably acceptable to the Administrative Agent) prior to the last day of the first fiscal quarter for which the Borrower desires to commence inclusion of a Specified Projects EBITDA Adjustment with respect to such project, information, as applicable, in each case in form and substance satisfactory to the Administrative Agent in its reasonable discretion, regarding (A) enforceable minimum revenue contracts that have been entered into with unaffiliated third parties and the ability of counterparties and third parties to perform under such enforceable minimum revenue contracts, (B) projected revenues from such enforceable minimum revenue contracts, other contracts or negotiated settlements, as the case may be, (C) projected capital costs and projected operating and general administrative expenses of such project, and (D) any other aspect of such project as the Administrative Agent may reasonably request.
Specified Projects means (a) the projects identified in Schedule 1.02(c)(1) and (b) certain other projects of the Loan Parties (other than projects of any other Person, including, without limitation, any joint venture) (i) that have Capital Expenditures attributable thereto in excess of $5,000,000, (ii) that are identified in the certificate to be delivered pursuant to Section 8.01(d), and (iii) for which the Borrower has provided to the Administrative Agent, not less than thirty (30) days (or such lesser period as is reasonably acceptable to the Administrative Agent) prior to the last day of the first fiscal quarter for which the Borrower desires to commence inclusion of a Specified Projects EBITDA Adjustment with respect to such project, information, as applicable, in each case in form and substance satisfactory to the Administrative Agent in its reasonable discretion, regarding (A) enforceable minimum revenue contracts that have been entered into with unaffiliated third parties and the ability of counterparties and third parties to perform under such enforceable minimum revenue contracts, (B) projected revenues from such enforceable minimum revenue contracts, other contracts or negotiated settlements, as the case may be, (C) projected capital costs and projected operating and general administrative expenses of such project, and (D) any other aspect of such project as the Administrative Agent may reasonably request.
Specified Projects means (a) the projects of the Loan Parties identified in Schedule 1.02(c) and (b) certain other projects of the Loan Parties (i) that have Capital Expenditures attributable thereto in excess of $5,000,000, (ii) that are identified in the certificate to be delivered pursuant to Section 8.01(d), and (iii) for which the Borrower has provided to the Administrative Agent, not less than thirty (30) days (or such lesser period as is reasonably acceptable to the Administrative Agent) prior to the last day of the first fiscal quarter for which the Borrower desires to commence inclusion of a Specified Projects EBITDA Adjustment with respect to such project, information, as applicable, in each case in form and substance satisfactory to the Administrative Agent in its reasonable discretion, regarding (A) the First Amendment Services Agreements and enforceable minimum revenue contracts that have been entered into with unaffiliated third parties and the ability of counterparties and third parties to perform under such enforceable minimum revenue contracts, (B) projected revenues from such enforceable minimum revenue contracts, other contracts or negotiated settlements, as the case may be, (C) projected capital costs and projected operating and general administrative expenses of such project, and (D) any other aspect of such project as the Administrative Agent may reasonably request; provided, that no project shall constitute a Specified Project if such project was commenced after the Fifth Amendment Effective Date unless the Borrower’s pro forma Consolidated Total Leverage Ratio on the last day of such first fiscal quarter for which the Borrower desires to commence inclusion of a Specified Projects EBITDA Adjustment with respect to such project is less than 5.00 to 1.00 (prior to giving effect to such Specified Projects EBITDA Adjustment).

Examples of Specified Projects in a sentence

  • Specified Projects EBITDA Adjustment shall thereafter be calculated in accordance with the revised Projected Capacity of such Specified Project.

  • In the event of a change in the Projected Capacity of a Specified Project that is not material, the Specified Projects EBITDA Adjustment shall thereafter reflect such change in the Projected Capacity of such Specified Project.

  • The purpose of a Memorandum Account is to record all costs incurred by the Company for Specified Projects authorized by the Commission.

  • Any elections or other decisions relating to such allocations shall be made by the Members in any manner that reasonably reflects the purpose and intention of this Agreement, provided that the Company shall elect to use the “remedial method” as described in Treasury Regulation Section 1.704-3(d) with respect to the Specified Projects (for this purpose, the term Specified Projects shall include SG Project).

  • That the Board of Directors approves the Resolution Declaring an Official Intent under Treasury Regulation 1.150-2 to Issue Debt to Reimburse the School District for Certain Expenditures Paid in Connection With Specified Projects.


More Definitions of Specified Projects

Specified Projects means the following projects and Project Sites formally described and established by the Oregon Department of Transportation: The Interstate 5 Rose Quarter Project, the Interstate 205 Abernathy Bridge Project, the Interstate 205 Freeway Widening Project, the State Highway 217 Northbound Project and the State Highway 217 Southbound Project.
Specified Projects means the Superior Flex Project and the High TAN Project.
Specified Projects means the Underlying Project associated with, and including, each of Rumford, Ryegate, the Sweetwater OPs and SweetwaterWind 6 LLC.
Specified Projects means those projects identified on Exhibit K, as defined by any statements of work under such projects as of the Closing Date and any reasonably foreseeable amendments to such statements of work or reasonably foreseeable additional statements of work, in each case, as reasonably required to complete any Specified Project.
Specified Projects means the following construction projects: (i) Transbay Superstructure Concrete; (ii) Alameda Creek Fish Passage; (iii) Caltrain 25th Avenue Grade Separator; (iv) Twin Peaks; (v) E320 South Bellevue; (vi) GGB Physical Suicide Deterrent System (PSDS); (vii) Southport; (viii) LAX Automated People Mover; (ix) OC 405; (x) Chickamagua; (xi) Fullerton and (xii) LaGrange.
Specified Projects has the meaning set forth in Section 2.5.
Specified Projects has the meaning given to that term in Section 2.07.