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).
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Updated Financial Model means the Base Case Financial Model as updated pursuant to paragraph 5.1 of schedule 7.5 (Financial Model);
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Updated Financial Model has the meaning given in Clause 18.1(d) (Financial Statements, etc).
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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 aforementioned shall be determined on the basis of a comparison between the Contractor's expected payments to its Shareholders before and after the Refinancing, using the Updated Financial Model.

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

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

  • Compensation to be paid pursuant to Articles 9.3 (Compensation event), must be determined by using the Updated Financial Model at the request of the Contracting Authority.

  • The Updated Financial Model shall independently model the Project (as well as the System) addressing each of the foregoing as it may apply to the Project.

  • No new information will be presented, except for: • Updated Financial Model and sensitivities (using funding terms agreed at Final Submission Phase); • 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.

  • Solely with respect to the Updated Development Plan and the Updated Financial Model referenced herein, the Lenders hereby consent to the foregoing certification being provided in lieu of the Officer’s Certificates contemplated by Sections 9.01(d)(i) and 9.01(e)(i) of the Credit Agreement and approve such Updated Development Plan and Updated Financial Model.

  • This determination must be based on a comparison between the payments that are expected to be made by the Contractor to its Shareholders before and after the Refinancing based on the Updated Financial Model.


More Definitions of Updated Financial Model

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.
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Updated Financial Model means the Base Case Financial Model, updated in accordance with Section 20(a) (Reporting Requirements of the City – Updated Financial Model).
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Updated Financial Model the Base Case Financial Model as updated pursuant to paragraph 5 of schedule 7.5 (Financial Model);
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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.
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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.

  • 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.

  • 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).

  • 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.

  • 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.

  • Year-End Financial Statements has the meaning set forth in Section 3.06.

  • 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.

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

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  • Historical Financial Statements means the audited consolidated balance sheets of the Borrower as of December 31, 2006 and December 31, 2005 and the audited consolidated statements of income, stockholders’ equity and cash flows of the Borrower for each of the fiscal years in the three year period ending on December 31, 2006.

  • 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.

  • Selected Financial Data fairly present the information set forth therein on the basis stated in the Registration Statement.

  • 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.

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

  • CREFC® Financial File The data file in the “CREFC® Financial File” 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.