Financial Close Date definition

Financial Close Date means the date which is the earlier of: 2.1.37.1 the CP Satisfaction Date; or 2.1.37.2 the date on which the first Utilisation is made under this Agreement;

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Financial Close Date means the date on which Financial Close occurs under the Comprehensive Agreement.

Financial Close Date means the date upon which both (a) the Loan Restructuring has been finalized to the reasonable satisfaction of both the NEDAK Board and TNDK, and (b) the offering of Class B Units pursuant to the PPM has been closed and NEDAK and TNDK have delivered instructions to the Escrow Agent to release the subscription funds held in escrow. The Financial Close Date is currently anticipated to be December 30, 2011.

Examples of Financial Close Date in a sentence

• The following adjustments will be made on the Financial Close Date.

• If the Financial Close Date has not occurred before the date falling 60 (sixty) days after the Signature Date then the Facility Agent shall be entitled, acting on the instructions of the Majority Lenders to cancel the Facility by written notice to the Borrowers.

• The Developer agrees to provide the Department a complete transcript of all documents executed and delivered in connection with the execution of this Agreement and the Financial Close promptly following the Financial Close Date.

• The SIB Loan will not bear interest, but will be repaid in full by the Developer on or before the Financial Close Date or as required by the terms of Section 20.04 if this Agreement is terminated for failure to reach Financial Close by the Financial Close Deadline.

• If the Developer has satisfied all conditions precedent (or the Department has waived any such conditions) identified in this Section 7.06(a), the Department will issue a certificate on the Financial Close Date confirming that all conditions precedent have been satisfied and will promptly execute each of the agreements listed in Section 7.06(a)(viii) to which it is a party.

• The entire principal of the SIB Loan shall be due and payable on the earliest to occur of the following: (i) the Financial Close Date (as defined by the Comprehensive Agreement), (ii) the occurrence of a default under this Agreement or the Comprehensive Agreement or (iii) on or before the terms outlined in Section 350(e)(7) of the National Highway Designation Act of 1995.

• Such costs will be specifically itemized and identified in a schedule submitted to the Department at least seven Days prior to the scheduled Financial Close Date.

• The Concessionaire agrees to provide the Department a complete transcript of all documents executed and delivered in connection with the execution of this Agreement and the Financial Close promptly following the Financial Close Date.

• On or before the Financial Close Date, the Developer will repay amounts related to the SIB Loan and Early Work Department Funding in accordance with Section 7.06(e)(ii).

• The Initial Public Funds Amount will be (i) decreased by any amounts paid by the Department to the Concessionaire prior to the Financial Close Date for the performance of Early Work and (ii) adjusted pursuant to Section 7.03(b).

More Definitions of Financial Close Date

Financial Close Date means the date on which each relevant Plant has been Fully Permitted and Connected.

Financial Close Date means the date on which the Agent gives notice to the Borrower pursuant to Clause 4.1(a)(Initial conditions precedent).

Financial Close Date means the date upon which Financial Close occurred. “Financing Documents” means all documentation necessary and relevant to evidencing the tax increment financing for the Project and achieving Financial Close.

Financial Close Date means the date on which JV and Project Company have entered binding, irrevocable commitments with third-party lenders and investors to provide financing for the construction of the JV Facility, the lease of the Premises, and the operation of the JV Facility in accordance with the financing plan to be developed by IPWG in its sole discretion on behalf of JV.

Financial Close Date means the CP Satisfaction Date;

Financial Close Date. Means the date on which funds are available for draw-down under the relevant financing facility relating to the PLANT. PMD shall notify BALCHEM of the occurrence of the FINANCIAL CLOSE DATE.