Base Case Model. The Borrower shall have delivered to each Financing Party an electronic copy of the Base Case Model, incorporating the inputs from the Construction Budget, the Project Schedules, the projected Operating Performance and sources and uses of funds delivered in accordance with Section 4.1(r), the pro forma Operating Budget delivered in accordance with Section 4.1(s), and the anticipated fixed rate payable by the Borrower under each of the Rate Swap Transactions to be entered into in accordance with Section 7.26, and otherwise in form, scope and substance reasonably satisfactory to such Financing Party.
Base Case Model. The Lenders shall have received the base case model included in the Confidential Information Memorandum or with such amendments or modifications as do not materially and adversely affect the interests of the Lenders or which have been made with the consent of the Administrative Agent, such consent not to be unreasonably withheld.
Base Case Model. Save as disclosed to the Original Lender prior to the date of this Agreement, to the best of the knowledge and belief of the Company, the Base Case Model has been prepared in accordance with the Accounting Principles referred to in paragraph (a) of the definition thereof and the financial projections (taken as a whole) contained in the Base Case Model were prepared on the basis of recent historical information and based on assumptions believed to be reasonable by the Company at the time made.