Financial Capacity definition

Financial Capacity shall have the meaning ascribed to the term in the Bid Document;

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Financial Capacity means the ability of a public water system to acquire and manage sufficient financial resources for the system to achieve and maintain compliance with the federal Safe Drinking Water Act.

Financial Capacity. 1 means the capacity to fund the Work Programme (in the case of a Phase C-only Work Programme or a Landward Licence) or the proposed (re)development (in the case of a Straight-to-Second-Term Licence). It must be clearly available to the applicant at the time of application, and not be subject to uncertain future events like share issues; and

Examples of Financial Capacity in a sentence

• Provided further that a member of the Consortium meeting either Technical Capacity or Financial Capacity shall subscribe at least 26% (twenty six per cent) or more of the paid up and subscribed equity of the SPV, until 2nd (Second) anniversary of the COD for member meeting technical criteria and until 1st (First) anniversary of the COD for member meeting financial criteria.

• Financial Capacity Proof of projects completed amounting to R 1 000 000 per project or above in the past five (5) years.

• L1.1 The Contractor must maintain its Contractor Financial Capacity at all times throughout the Term.

• L1.2 In order to participate in a Mini-Competition, the Contractor must have a Contractor Financial Capacity greater than or equal to the Annual Contract Value of the Call-Off Contract to be awarded in the Relevant Lot(s), and (where applicable) the Relevant Tier(s), to which the Mini-Competition relates.

• Y An Evaluation Committee (Committee) evaluated, scored, and ranked the responses to the RFP based on the following criteria: Project Plan, Project Related Experience, Strength of Development Team, Respondents Financial Capacity and Capability, Due Diligence Budget, Funds Requested and Proposed Terms.

More Definitions of Financial Capacity

Financial Capacity means the financial capacity and strength of the [Selected Bidder/Member(s)]1 determined in accordance with the RFP. Financial Close means, the date on which the Financing Documents become effective, the conditions precedent under the Financing Documents for disbursements are fulfilled and the Concessionaire has access to the Financial Assistance.

Financial Capacity means the prescribed average gross annual revenues for the last 3 (three) financial years immediately preceding the Bid Due Date or the prescribed Net Worth of the Bidder at the close of the financial year immediately preceding the Bid Due Date;

Financial Capacity means the financial resources of the water system, including but not limited to revenue sufficiency and fiscal controls.

Financial Capacity means the ability of a public water supply system to acquire and manage sufficient financial resources to allow the system to achieve and maintain compliance with this article.

Financial Capacity means financial worthiness of Bidders as per the terms of the Bid.

Financial Capacity means a public water system's ability to acquire and manage sufficient financial resources to allow the system to achieve and maintain compliance with drinking water standards found in Code of Federal Regulations, title 40, section 141.

Financial Capacity means the financial capacity and strength of the [Selected Bidder/Member(s)]1 determined in accordance with the RFP.