Estimated Completion Amount definition
Estimated Completion Amount means, at any particular time, the amount of Project Costs which, at such time in the reasonable opinion of the Independent Technical Consultant and in coordination with the Administrative Agent and the Technical Agent, remain to be paid or incurred in order to achieve Completion.
Estimated Completion Amount means the Completion Amount estimated by the Seller pursuant to Clause 4.1;
Estimated Completion Amount has the meaning set forth in Section 5.10.
Examples of Estimated Completion Amount in a sentence
The Borrower shall ensure that at all times Project Sources are greater than the Estimated Completion Amount and will fund all Project Costs from the proceeds of Equity of the Sponsor before any further Loan is requested if and to the extent that at any time and from time to time the Project Sources are less than the Estimated Completion Amount.