Updated Financial Model definition

Updated Financial Model means the Base Case Financial Model, updated in accordance with Section 16(a) (Reporting Requirements – Updated Financial Model).
Sample 1Sample 2Sample 3
Updated Financial Model means the Base Case Financial Model as updated pursuant to paragraph 5.1 of schedule 7.5 (Financial Model);
Sample 1Sample 2
Updated Financial Model has the meaning given in Clause 18.1(d) (Financial Statements, etc).
Sample 1Sample 2

Examples of Updated Financial Model in a sentence

  • No new information will be presented, except for: • Updated Financial Model and sensitivities (using funding terms agreed at Final Submission Phase), in accordance with Section 14.2.1 of the Agreement; • Updated financial model audit report – any errors or omissions identified which increase the Maximum Availability Payments will be borne by Developer; and • Final Initial Financing Documents.

  • The Updated Financial Model shall independently model the Eligible Projects addressing each of the foregoing as it may apply to the Project.

  • The Borrower shall provide to the WIFIA Lender an Updated Financial Model reflecting the then-current and projected conditions relating to the Eligible Projects and the SRF Programs not later than ninety (90) days after (A) the issuance of any I-Bank Bonds or (B) the beginning of each Borrower Fiscal Year, if there has been no issuance of I-Bank Bonds during the prior six (6) months.

  • The Borrower shall have provided an Updated Financial Model in compliance with the requirements of Section 16(a) (Reporting Requirements – Updated Financial Model), which Updated Financial Model demonstrates that the applicable projected Pledged WIFIA Cash Flows are sufficient to achieve Cash Flow Sufficiency with respect to the WIFIA Bond and I-Bank Bonds to be issued pursuant to the applicableWIFIA Indenture relating to the applicable disbursement of the WIFIA Loan proceeds to the Borrower.

  • Solicitor Weiss’s opinion is that there is no basis to appeal these cases.

  • Updated Financial Model The Original Financial Model that is updated by the Contractor taking Schedule 10 (Financial Model Adjustment Guideline) into account.

  • The Borrower represents and warrants that the Updated Financial Model reflects the Borrower’s reasonable expectations, using assumptions that the Borrower believes to be reasonable, with respect to projected Pledged WIFIA Cash Flows, the WIFIA Program Participants’ expected revenues and capital and operating expenses, and other scheduling, cost and financing elements required to be included in the Updated Financial Model.

  • In derogation of the above, Financing Agreements, Subcontractor Agreements, Shareholder Loan Agreements, the Original Financial Model, the Updated Financial Model, the declaration referred to in Article 3.5(d), the declaration mentioned in Article 22.5(c) and the declaration specified in Article 22.5(c) may be drawn up in English.

  • Milestones • Updated Financial Model – July 1, 2011 • Revised Financial Model – April 23, 2012 Stakeholder Involvement and Communications The objectives of the Stakeholder Involvement and Communications activities are to • To engage communities throughout the state of Illinois to educate them about the opportunity to compete in being selected as a regional CO2 storage site.

  • Financial Model The Original Financial Model or the most recent Updated Financial Model.


More Definitions of Updated Financial Model

Updated Financial Model means the Borrower’s annual rate and financial planning model, demonstrating to the satisfaction of the WIFIA Lender that the Borrower has developed and identified adequate revenues to implement a plan for operating, maintaining and repairing the Master Program over its useful life, and including (a) the Borrower’s capital improvement plan, major maintenance plan, projected rates and charges, projected Net Revenues and Operating Expenses for a reasonable projection period consistent with the Borrower’s operating and financial planning, and projected debt outstanding and annual debt service, and (b) evidence of compliance with the Rate Covenant for the most recent Borrower Fiscal Year for which Financial Statements are available and the projected Rate Covenant coverages for such reasonable projection period consistent with the Borrower’s operating and financial planning.
Sample 1
Updated Financial Model means the Base Case Financial Model, updated in accordance with Section 20(a) (Reporting Requirements of the City – Updated Financial Model).
Sample 1
Updated Financial Model the Base Case Financial Model as updated pursuant to paragraph 5 of schedule 7.5 (Financial Model);
Sample 1
Updated Financial Model means a financial model in respect of the Borrower and its Subsidiaries setting forth the Borrower Share of Aggregate Discounted Solar Asset Balance and the Total Consolidated Debt and calculated in a manner consistent with and based on assumptions consistent with the Closing Date Financial Model.
Sample 1

Related to Updated Financial Model

  • 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 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.

  • Consolidated Financials means, for any Fiscal Year or other accounting period of Five Star, annual audited and quarterly unaudited financial statements of Five Star prepared on a consolidated basis, including Five Star’s consolidated balance sheet and the related statements of income and cash flows, all in reasonable detail, and setting forth in comparative form the corresponding figures for the corresponding period in the preceding Fiscal Year, and prepared in accordance with GAAP throughout the periods reflected.

  • Selected Consolidated Financial Data and "Capitalization" fairly present the information set forth therein on a basis consistent with that of the audited financial statements contained in the Registration Statement.

  • Consolidated Financial Statements means, with respect to any Person, collectively, the consolidated financial statements and notes to those financial statements, of that Person and its Consolidated Subsidiaries prepared in accordance with GAAP.

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

  • Pro Forma Financial Statements shall have the meaning set forth in Section 5.5(b) hereof.

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

  • Most Recent Financial Statements has the meaning set forth in Section 4(g) below.

  • 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.

  • Qualified Financial Contract means a qualified financial contract as defined in 12 U.S.C. Section 1821(e)(8)(D).

  • Year-End Financial Statements has the meaning specified in Section 4.5.

  • Audited financial report means and includes those items specified in Section 5 of this regulation.

  • Historical Financial Statements means as of the Closing Date, (a) the audited consolidated balance sheets and related statements of income and cash flows of the Borrower for the Fiscal Years ended December 31, 2019 and December 31, 2020 and (b) the unaudited consolidated balance sheets and related statements of income and cash flows of Holdings for each fiscal quarter (other than the fourth fiscal quarter) ended after the most recent fiscal year of Holdings and at least forty-five (45) days prior to the Closing Date.

  • Audited financial statement means a financial statement audited by an outside accounting firm.

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

  • Initial Engineering Report means the engineering report concerning Oil and Gas Properties of Loan Parties dated as of June 30, 2006 prepared by Netherland, Xxxxxx & Associates and XxXxxxxx & XxxXxxxxxxx.

  • Annual Financial Statements has the meaning set forth in Section 3.06.