Certified Progress Payments definition
Certified Progress Payments means payments, made by the Company under or in connection with a Qualified EPC Contract, for generation and related facilities (including electric transmission and fuel supply facilities) that will constitute Property Additions upon the performance of such Qualified EPC Contract, that are certified by the Company to the Trustee as the basis for (i) loans or advances under Conditional Obligations under Section 4.8 or (ii) the authentication and delivery of Additional Obligations under Section 4.11.
Certified Progress Payments means payments, made by the Company under a Qualified EPC Contract, for generation and related facilities that will constitute Property Additions upon the performance of such Qualified EPC Contract, that are certified by the Company to the Trustee as the basis for (1) loans or advances under Conditional Obligations under Section 5.6, (2) the withdrawal and payment of Deposited Cash under Section 5.8, (3) the authentication and delivery of Additional Obligations under Section 5.9, or (4) the withdrawal and payment of Trust Moneys under Section 7.5.
Certified Progress Payments means payments, made by the Company under a Qualified EPC Contract, for generation and related facilities that will constitute Property Additions upon the performance of such Qualified EPC Contract, that are certified by the Company to the Trustee as the basis for (1) loans or advances under Conditional Obligations under Section 5.06, (2) the withdrawal and payment of Deposited Cash under Section 5.08, (3) the authentication and delivery of Additional Obligations under Section 5.09, or (4) the withdrawal and payment of Trust Moneys under Section 7.05.