Financing Plan Sample Clauses
A Financing Plan clause outlines the specific arrangements and schedule for funding a project or transaction. It typically details the sources of funds, the timing and amounts of payments, and any conditions that must be met before funds are disbursed. For example, it may require the buyer to provide proof of financing or set milestones for installment payments. The core function of this clause is to ensure all parties have a clear understanding of how and when the necessary funds will be provided, thereby reducing the risk of delays or misunderstandings related to payment.
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Financing Plan. Subcontractor shall submit a financing plan for the CREF(s) or Project(s) being installed under this Subcontract, along with letters of commitment from financiers (third-party investors or lenders), where applicable, specifying at a minimum:
i. The amount of capital being invested or loaned and the anticipated costs of the CREF(s) authorized in Attachment C;
ii. The exact number of installations or commensurate capacity that will be financed;
iii. The date the terms of investment available to Subcontractor expire; and
iv. Such additional information as the DCSEU may reasonably request. If Subcontractor is self-financing its Portfolio or a portion of its Portfolio, Subcontractor shall submit a letter explaining how Subcontractor will finance its Portfolio or the portion of its Portfolio and provide evidence to support Subcontractor’s ability to self-finance signed by a Chief Executive Officer or an individual with equivalent authority.
Financing Plan. Certain Partnership plans, as approved by unanimous actions of the Partnership Governance Committee, setting forth the Partnership's funding requirements for the Capital Budget and the sources of funds to finance such requirements.
Financing Plan. The Company shall have a Financing Plan prepared which shall include such provisions as the Company may determine consistent with its commercial requirements and Good Industry Practice. The Company shall be responsible for raising all of the financing necessary to implement the Financing Plan for the Project.
Financing Plan. 1. Explain developer’s manner of financing (e.g. project financing, balance sheet financing, utility tax equity investment, etc.).
2. Describe the developer’s general project financing status.
3. To what extent (%) has the developer received firm commitments from financers (both debt and equity), and how much financing is expected to be needed to bring the Project online?
4. List any government funding or awards received by the Project.
5. Explain the creditworthiness of all relevant financiers
6. Describe developer’s history of ability to procure financing.
7. Describe any plans for obtaining subsidies, grants, or any other third party monetary awards (other than Production Tax Credits and Investment Tax Credits) and discuss how the lack of any of this funding will affect the Project.
Financing Plan. During the transition phases of this merger, the parties agree to inform each other of major purchases and expenditures; however, the parties will maintain separate financing structures until the merger is complete.
Financing Plan. Closure Plan, consistent with Section 26.1 of this Agreement;
Financing Plan. A description of the sources and uses of public and private funds for the construction of necessary public and private infrastructure and of necessary structures and improvements to serve the Project.
Financing Plan. The financing plan for the Integrated Road Investment Program is summarized below. Financing Source Total ($million) Share (%) of Total Asian Development Bank 800.0 88.3 Government of Sri Lanka 106.0 11.7 Total (Investment Program) 906.0 100.0 Each tranche may be financed under terms different from the financing terms of previous or subsequent tranches. The choice of financing terms will depend on the project, capital market conditions, and ADB’s financing policies, all prevailing on the date of signing the legal agreement for such tranche. Tranches may be provided in sequence or simultaneously, and some may overlap in time with each other. Commitment charges or guarantee fees are not payable on the Facility. They are payable only on financing actually committed by ADB as a loan or guarantee. ADB rules on commitment charges and guarantee fees, which are in effect when the legal agreements are signed for a tranche, will apply with respect to such tranche. Amount The maximum financing amount available under the Facility is eight hundred million US dollars ($800,000,000). It will be provided in individual tranches from ADB’s Ordinary Capital Resources1 and/or Special Funds Resources2 in Loans. Availability Period The last date on which any disbursement under any tranche may be made will be on or before 30 September 2024. The last financing tranche is expected to be executed no later than 31 December 2021. Terms and Conditions Sri Lanka will cause the proceeds of each tranche to be applied to the financing of expenditures of the Investment Program, in accordance with conditions set forth in this FFA and the legal agreements for each tranche. Execution The Executing Agency will be the Ministry of Highways, Ports and Shipping (MOHPS). The Implementing Agency will be the Road Development Authority (RDA). The Executing and Implementing Agencies will implement the Investment Program in accordance with the principles set forth in Schedule 1 to this Agreement, and as supplemented in the legal agreements for each tranche. Periodic Financing Requests Sri Lanka may request, and ADB may agree, to provide loans under the Facility to finance the Investment Program and its related projects upon the submission of a Periodic Financing Request (PFR). Each PFR should be submitted by Sri Lanka. Sri Lanka will make available to MOHPS and the Road Development Authority (RDA) the proceeds of the tranche in accordance with the related PFR, and the legal agreements for the tranche. E...
Financing Plan. On or before September 1, 2024, Owner shall provide the City with a financing plan, including projected sources and uses for financing proceeds, in substantially the form attached hereto as Exhibit D.
Financing Plan. During the Feasibility Period, Purchaser shall provide Seller with a financing plan setting forth all financing sources of funds for design and construction of the improvements on the Property, along with supporting documentation for any approved loans or financing ("Financing Plan"). The Financing Plan shall also include a budget/proforma showing sources and uses of funds, and shall include adequate reserves.