Base Case Projections definition

Base Case Projections means the initial forecast for the Project prepared as of the Effective Date using the Base Case Financial Model.

Base Case Projections means a projection of operating results showing at a minimum Company’s good faith estimates, as of the Closing Date, of revenues, operating expenses and sources and uses over the forecast period, in substantially the form of Schedule 4.1.27, which shall be of a nature and in an amount satisfactory to the Purchasers in consultation with Independent Engineer.

Base Case Projections means a projection of operating results for the Project over a period ending no sooner than December 31, 2030, showing the Borrower’s reasonable good faith estimates, as of the Closing Date, of projected Project Costs, projected Project Revenues, projected O&M Expenses, Assumed Interest Expense, all Fees payable hereunder, and scheduled principal payments in respect of the Loans over the forecast period.

Examples of Base Case Projections in a sentence

• The Applicable Permits shall not be subject to any material restriction, condition, limitation or other provision that could reasonably be expected to result in such Project being operated in a manner inconsistent with the Base Case Projections other than any inconsistency that could reasonably be expected to result in (x) gains to the applicable Project Company or (y) losses, costs or expenses to the applicable Project Company that are not material.

• All work on the Initial Projects has been completed consistent with the Base Case Projections, as amended or modified from time to time in accordance with this Agreement.

• The Applicable Permits shall not be subject to any material restriction, condition, limitation or other provision that could reasonably be expected to result in any Project being operated in a manner inconsistent in any material respect with the Base Case Projections other than any inconsistency that could reasonably be expected to result in (x) gains to the Borrower or (y) losses, costs or expenses to Borrower that are not material.

More Definitions of Base Case Projections

Base Case Projections is defined in Section 6.1.11.

Base Case Projections has the meaning specified in Section 3.01(a)(x).

Base Case Projections means (a) with respect to the period prior to the Amendment Closing Date, the projections of the Loan Parties’ operating results for the Projects (over a period ending no sooner than December 31, 2039) delivered to the Arrangers on or prior to the Execution Date pursuant to Section 4.01(k) and (b) with respect to period on and after the Amendment Closing Date, the “Revised Base Case Projections” under and as defined in the Omnibus Amendment.

Base Case Projections means the projection of operating results for the Project with the file name “20110328 v32 Ivanpah III Base Case EQUITY.xlsm” dated as of March 30, 2011 and Made Available to Investors.

Base Case Projections means the initial forecast for the receipt of Sales Tax Revenues by the State Board of Equalization and the transfer of such Sales Tax Revenues into the Revenue Fund, prepared as of the Effective Date using the Base Case Financial Model.

Base Case Projections means the final financial projections for the Borrower and its Subsidiaries as set forth in the computer model prepared by the Borrower and delivered to the Administrative Agent immediately prior to the Closing Date

Base Case Projections has the meaning set forth in Section 6.1(h).