Common use of Changes to TIFIA Financing Terms Clause in Contracts

Changes to TIFIA Financing Terms. (A) If there is a positive impact on the Equity IRR caused by the cumulative changes from the Department Protected TIFIA Financial Terms to the corresponding Actual TIFIA Financial Terms, then the Department will receive the benefit of 60% of the positive impact on the Initial Equity IRR of the differences between the Department Protected TIFIA Financial Terms and the corresponding Actual TIFIA Financial Terms. The Parties will calculate any change in the Public Funds Amount or Concession Fee in accordance with the provisions of Exhibit X.

Changes to TIFIA Financing Terms. (A) If there is a positive impact on the Equity IRR caused by the cumulative changes from the Department Protected Assumed TIFIA Financial Terms to the corresponding Actual TIFIA Financial Terms, then the Department will receive the benefit of 6050% of the positive impact on the Initial Equity IRR of the differences between the Department Protected Assumed TIFIA Financial Terms and the corresponding Actual TIFIA Financial Terms. The Parties will calculate any change in the Public Funds Amount or Concession Fee in accordance with the provisions of Exhibit X.

Changes to TIFIA Financing Terms. (A) If there is a positive impact on the Equity IRR caused by the cumulative changes from the Department Protected TIFIA Financial Terms to the corresponding Actual TIFIA Financial Terms, then the Department will receive the benefit of 60% of the positive posi... (B) If there is a negative impact on the Initial Equity IRR of caused by the differences between cumulative changes from the Department Protected TIFIA Financial Terms and to the corresponding Actual TIFIA Financial Terms. The Parties , then the Department will calculate any change in bear the Public Funds Amount or Concession Fee in accordance with negative impact on the provisions of Exhibit X.Initia...

Changes to TIFIA Financing Terms. (A) If there is a positive impact on the Equity IRR caused by the cumulative changes from the Department Protected TIFIA Financial Terms to the corresponding Actual TIFIA Financial Terms, then the Department will receive the benefit of 60% of the positive impact on the Initial Equity IRR of the differences between the Department Protected TIFIA Financial Terms and the corresponding Actual TIFIA Financial Terms. The Parties will calculate any change in the Public Funds Amount or Concession Fee in accordance with the provisions of Exhibit X.