Total Capitalization. The aggregate Term Loan Commitments are not more than 75% of the then-current estimate of Project Costs projected in the Construction Budget and Schedule as of the Initial Closing Date to be incurred by the Obligors for the Project Phase 1 Development;
Appears in 3 contracts
Sources: Common Terms Agreement (Venture Global, Inc.), Common Terms Agreement (Venture Global, Inc.), Common Terms Agreement (Venture Global, Inc.)
Total Capitalization. The aggregate Term Loan Commitments are not more than 75% of the then-current estimate of Project Costs projected in the Construction Budget and Schedule as of the Initial Upsize Closing Date to be incurred by the Obligors for the Project Phase 1 Development;
Appears in 2 contracts
Sources: Common Terms Agreement (Venture Global, Inc.), Common Terms Agreement (Venture Global, Inc.)
Total Capitalization. The aggregate Term Loan Commitments are not more than 75% of the then-current estimate of Project Costs projected in the Construction Budget and Schedule as of the Initial Closing Date to be incurred by the Obligors for the Project Phase 1 Development;
Appears in 2 contracts
Sources: Common Terms Agreement (Venture Global, Inc.), Common Terms Agreement (Venture Global, Inc.)
Total Capitalization. The aggregate Term Loan Commitments are not more than 75% of the then-current estimate of Project Costs projected in the Construction Budget and Schedule as of the Initial Upsize Closing Date to be incurred by the Obligors for the Project Phase 1 Development and the Project Phase 2 Development;
Appears in 1 contract
Total Capitalization. The aggregate Term Loan Commitments are not more than 75% of the then-current estimate of Project Costs projected in the Construction Budget and Schedule as of the Initial Closing Date to be incurred by the Obligors for the Project Phase 1 Development;
Appears in 1 contract