Finance Plan Clause Samples
Finance Plan. The Inner City TIRZ Finance Plan, as defined in the Act, and approved and amended from time to time by the Board and the City, which is incorporated by reference into this document as if set out in its entirety, for all purposes.
Finance Plan. The Parties understand and acknowledge that the actual amounts of the potential revenue streams that are planned to be used to finance the development of the Stadium, as generally described in this Article 7, and the specific requirements of the various bond underwriters and lenders that will provide financing in the future, are uncertain at this point in time and that no Party has committed to any specific amount to be raised from these funding sources nor has any Party made any representation that it will be financially feasible to capitalize these funding sources. In recognition of these facts, the Parties acknowledge that it is critical to maintain flexibility in the approach to financing of the Stadium construction, subject in all events to the limitations on the investment of the City, Agency and CFD as set forth herein. As provided in Section 3.1 above, it will be a Condition to Closing that the City, Agency and Stadium Authority approve a detailed plan for the financing of the Stadium, specifically including the maximum investment of the Agency and CFD and protection of the City’s general and enterprise funds (the “Finance Plan”). The Finance Plan will set out in reasonable detail the amount and timing of the Stadium Authority Construction Sources, the Agency Upfront Investment, the ▇▇▇▇▇ ▇▇▇▇ Bonds, and the 49ers Stadium Company Investment, and will demonstrate, to the reasonable satisfaction of the City, Agency and Stadium Authority, that 49ers Stadium Company will have sufficient assets, credit and revenue streams to timely fund the 49ers Stadium Company Investment.
Finance Plan. The Houston Street TIRZ Financing Plan, as defined in the Act, and as approved and amended from time to time by the Board and the City, which is incorporated by reference into this document as if set out in its entirety, for all purposes.
Finance Plan. Describe the necessary financing the Contractor will require to commercialize the product, process, or service, and when it will be required. Describe the Contractor’s plans to raise the requisite financing to launch the Contractor’s innovation into Phase III and begin the revenue stream. Plans for this financing stage may be demonstrated in one or more of the following ways: • Letter of commitment of funding. • Letter of intent or evidence of negotiations to provide funding, should the Phase II project be successful and the market need still exist. • Letter of support for the project and/or some in-kind commitment, e.g., to test or evaluate the innovation. • Specific steps the Contractor is going to take to secure Phase III funding. Contract No. HHSN261201300060C NCI Control No. N43CO-2013-00060 Modification No. 4
Finance Plan. How should the Parties, directly or through a Regional Entity, cover the costs of: (i) study plans, (ii) FERC licensing and negotiations with PG&E, (iii) capital acquisition and/or improvements, and (iv) ongoing operation and maintenance of the Project? What are the potential sources of funding for each of these costs, including appropriate contributions from the Parties?
Finance Plan. The Midtown TIRZ Financing Plan, as defined in the Act, and as approved and amended from time to time by the Board and the City, which is incorporated by reference into this document as if set out in its entirety, for all purposes.
Finance Plan. The Westside TIRZ Financing Plan, as defined in the Act, and as approved and amended from time to time by the Board and the City, which is incorporated by reference into this document as if set out in its entirety, for all purposes.
Finance Plan. No later than October 31, 2024, Developer shall have prepared and provided to the Director for their approval the Finance Plan for the Project. Said Plan shall be subject to the approval of the Director in the same manner as the Concept Plan as provided for in Subparagraph B above.
Finance Plan. Describe the plan for financing of the project. This section should describe the existing capital commitments as well as the plan and timeline for raising the funding required to support the proposed budget and spend plan described in the covering the Budget Justification Workbook. The Plan must specifically identify funds for the next Budget Period as well as (i) the approach to securing the proposed cost share sources and initial capital stack for the project; including the availability, credibility, and risk/terms of non-federal cost share sources; (ii) the plan and financial model describing the schedule and approach to achieve long-term financial growth and financial viability for 15 years beyond the start of the project, to include plans beyond federal funding; and (iii) the ability to provide contingency funding to meet unexpected project cost overruns, including the source of such funding. Specific need dates for investments, and follow on investments, to achieve project objectives and sustainment/growth beyond the project period must also be addressed. Specific risks associated with the project financing must be assessed to include likelihood, consequence, and risk mitigation plans.