Common use of Indebtedness incurred Clause in Contracts

Indebtedness incurred. (i) before or at the time of carrying out of Project Activities; or (ii) within 270 days of completion of the last of the Project Activities in connection with the project or development, solely for the purpose of financing or refinancing all or a substantial part of the price and/or cost of the Project Activities in connection with the project or development; or

Indebtedness incurred. (i) before or at the time of carrying out of Project Activities; or (ii) within 270 days of completion of the last of the Project Activities in connection with the project or development, 20 ------------------------------------------------------------------------------- solely for the purpose of financing or refinancing all or a substantial part of the price and/or cost of the Project Activities in connection with the project or development; or