Updated Base Case Financial Model definition

Updated Base Case Financial Model means, as of any date of determination, the Base Case Financial Model then in effect, updated from time to time in accordance with this Agreement, forecasting the cash flows and the availability of Pledged Taxes for time periods from such date through the Final Maturity Date for the TIFIA Loan and based upon assumptions and methodology provided by the Borrower and acceptable to the TIFIA Lender, which financial model shall be substantially in the form of the Initial Base Case Financial Model and provided to the TIFIA Lender as a fully functional Microsoft Excel- based financial model or such other format requested by the XXXXX Xxxxxx.
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Updated Base Case Financial Model means, as of any date of determination, the Base Case Financial Model then in effect, updated from time to time in accordance with this Agreement and each TIFIA Loan Agreement, forecasting the cash flows and the availability of Pledged Taxes for time periods from such date through the Final Maturity Date for each of the TIFIA Loans and based upon assumptions and methodology provided by the Borrower and acceptable to the TIFIA Lender, which financial model shall be substantially in the form of the Initial Base Case Financial Model and provided to the TIFIA Lender as a fully functional Microsoft Excel-based financial model or such other format requested by the TIFIA Lender.
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Updated Base Case Financial Model means, as of any date of determination, the Base Case Financial Model then in effect, which has been updated in accordance with this Agreement, forecasting the cash flows and the availability of Pledged Taxes for time periods from such date through the Final Maturity Date for the RRIF Loan and is based upon assumptions and methodology provided by the Borrower and acceptable to the RRIF Lender, which financial model shall be substantially in the form of the Initial Base Case Financial Model and provided to the RRIF Lender as a fully functional Microsoft Excel- based financial model or such other format requested by the RRIF Lender.
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Examples of Updated Base Case Financial Model in a sentence

  • The Sponsors must provide the Intercreditor Agent with no less than thirty (30) days notice of the proposed incurrence of any SIDF Supplemental Facility or any Sponsor Facility, together with an Updated Base Case Financial Model, the relevant Ancillary Facility Agreements and all other documentation in relation thereto.

  • This mitigation zone covered habitats of importance to deep diving species, especially beaked whales, and was implemented during three seismic surveys in 2013 and 2014 (Figure 11), but was then dropped without explanation.


More Definitions of Updated Base Case Financial Model

Updated Base Case Financial Model has the meaning given to such term in Section 5.03(e)(ii) (Base Case Financial Model).
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Related to Updated Base Case Financial Model

  • Base Case Financial Model means a financial model prepared by the Borrower forecasting the revenues and expenditures of the Project for time periods through the Final Maturity Date and based upon assumptions and methodology provided by the Borrower and acceptable to the TIFIA Lender as of the Effective Date, which model shall be provided to the TIFIA Lender as a fully functional Microsoft Excel – based financial model or such other format requested by the TIFIA Lender.

  • Financial Model means the financial model adopted by Senior Lenders, setting forth the capital and operating costs of the Project and revenues therefrom on the basis of which financial viability of the Project has been determined by the Senior Lenders, and includes a description of the assumptions and parameters used for making calculations and projections therein;

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

  • Financial Monitoring Report or “FMR” means each report prepared in accordance with Section 4.02 of this Agreement;

  • Base Case Model means the financial model and statements including profit and loss, balance sheet and financial projections reflecting the forecasted consolidated financial conditions of the Group for the term of this Agreement (for these purposes assuming both before and after the incurrence of the indebtedness under the Finance Documents), each in form and substance satisfactory to the Finance Parties addressed to, and/or capable of being relied upon by the Finance Parties.

  • Base Case A statement of the technical, economic and tax assumptions relating to the Project in the form of a run of the Financial Model as updated from time to time.

  • Initial Engineering Report means the engineering report concerning Oil and Gas Properties of Loan Parties dated as of June 30, 2016, prepared internally by the Borrower.

  • Closing Date Financial Statements has the meaning set forth in Section 2.3(a)(i).

  • CREFC® Comparative Financial Status Report The monthly report in “Comparative Financial Status Report” format substantially in the form of and containing the information called for therein for the Mortgage Loans, or such other form for the presentation of such information as may be approved from time to time by the CREFC® for commercial mortgage securities transactions generally.

  • CMSA Comparative Financial Status Report The monthly report in "Comparative Financial Status Report" format substantially in the form of and containing the information called for therein for the Mortgage Loans, or such other form for the presentation of such information as may be approved from time to time by the CMSA for commercial mortgage securities transactions generally and, insofar as it requires the presentation of information in addition to that called for by the form of the "Comparative Financial Status Report" available as of the Closing Date on the CMSA website, is reasonably acceptable to the Master Servicer or the Special Servicer, as applicable.

  • Independent Engineering Report means a report, in form and substance satisfactory to the Administrative Agent and each of the Lenders, prepared by an Independent Engineer, addressed to the Administrative Agent and the Lenders with respect to the Oil and Gas Properties owned by the Borrower or its Subsidiaries (or to be acquired by the Borrower or any of its Subsidiaries, as applicable) which are or are to be included in the Borrowing Base, which report shall (a) specify the location, quantity, and type of the estimated Proven Reserves attributable to such Oil and Gas Properties, (b) contain a projection of the rate of production of such Oil and Gas Properties, (c) contain an estimate of the net operating revenues to be derived from the production and sale of Hydrocarbons from such Proven Reserves based on product price and cost escalation assumptions specified by the Administrative Agent and the Lenders, and (d) contain such other information as is customarily obtained from and provided in such reports or is otherwise reasonably requested by the Administrative Agent or any Lender.

  • Borrowing Base Certificate means a certificate, signed and certified as accurate and complete by a Financial Officer of the Borrower Representative, in substantially the form of Exhibit C or another form which is acceptable to the Administrative Agent in its sole discretion.

  • Borrowing Base Report means a report in substantially the form of Exhibit E (or such other form approved by Administrative Agent) certified by a Responsible Officer of Borrower.

  • Comparative Financial Status Report format substantially in the form of and containing the information called for therein for the Mortgage Loans, or such other form for the presentation of such information as may be approved from time to time by the CREFC® for commercial mortgage securities transactions generally.

  • Performance Report has the meaning set out in clause 8.2;

  • Financial Statement Date means December 31, 1999.

  • CMSA Loan Level Reserve/LOC Report means the monthly report substantially in the form of, and containing the information called for in, the downloadable form of the "Loan Level Reserve/LOC Report" available as of the Closing Date on the CMSA Website, or such other form for the presentation of such information and containing such additional information as may from time to time be approved by the CMSA for commercial mortgage securities transactions generally.

  • Most Recent Fiscal Month End has the meaning set forth in Section 4(g) below.

  • business acquisition report means a completed Form 51-102F4 Business Acquisition Report;

  • CREFC® Loan Level Reserve/LOC Report The monthly report in the “CREFC® Loan Level Reserve/LOC Report” format substantially in the form of and containing the information called for therein for the Mortgage Loans, or such other form for the presentation of such information as may be approved from time to time by the CREFC® for commercial mortgage securities transactions generally.

  • Updated Appraisal means an Appraisal of the Mortgaged Property or related REO Property, as the case may be, conducted subsequent to any Appraisal performed on or prior to the date of this Agreement by an Appraiser, selected by the applicable Servicer, in accordance with MAI standards, the costs of which shall be paid as a Property Advance by the Lead Securitization Note Holder or applicable Servicer.

  • Initial Reserve Report means the report prepared by or under the supervision of the chief engineer of the Borrower with respect to certain Oil and Gas Properties of the Borrower and its Restricted Subsidiaries as of December 31, 2018.

  • Financial Projections has the meaning provided in Section 5.07(b).

  • Engineering Report means either an Independent Engineering Report or an Internal Engineering Report.

  • Annual Financial Statement is defined in Section 10.1(a).

  • Reserve Report means a report, in form and substance reasonably satisfactory to the Administrative Agent, setting forth, as of each January 1st or July 1st (or such other date in the event of an Interim Redetermination) the oil and gas reserves attributable to the Oil and Gas Properties of the Borrower and its Subsidiaries, together with a projection of the rate of production and future net income, taxes, operating expenses and capital expenditures with respect thereto as of such date, based upon the economic assumptions consistent with the Administrative Agent’s lending requirements at the time.