Financial Closure or Project Financing Arrangements definition

Financial Closure or Project Financing Arrangements means arrangements of necessary funds by the Project Developer either by way of commitments of funds by the company from its internal resources and / or tie up of funds through a bank / financial institution by way of sanction of a loan.

Financial Closure or Project Financing Arrangements means the agreements pursuant to which the SPG has sought financing for the Power Project including the loan agreements, security documents, notes, indentures, security agreements, letters of credit and other documents, as may be amended, modified, or replaced from time to time, but without in anyway increasing the liabilities of UGVCL.

Financial Closure or Project Financing Arrangements means arrangements of necessary funds by the Project Developer either by way of commitments of funds by the company from its internal

Examples of Financial Closure or Project Financing Arrangements in a sentence

• Any infirm power produced and flowing into the STU/ Railway Transmission system before COD shall not be at the cost of Nodal Railway under this scheme and SPD cannot sell this power to any other organization or individual.2.26 Financial Closure or Project Financing Arrangements The Project Developer shall report Project Financing Arrangements for the Projects within 9 months from the Effective Date i.e. Signing of PPA.

• Similarly for the Bidding Company, forming a project company with no change in Shareholding pattern & controlling shareholding as informed at the stage of RfP upto one year after Commissioning of the Project.3.22 Financial Closure or Project Financing Arrangements: The Project Developer shall report tie up of Financing Arrangements for the projects within 150 days from the date of signing Power Purchase Agreement.

• Any infirm power produced and flowing into the CTU / STU before COD shall not be at the cost of Nodal Railway under this scheme and SPD cannot sell this power to any other organization or individual.2.26 Financial Closure or Project Financing Arrangements The Project Developer shall report Project Financing Arrangements for the Projects within nine months from the Effective Date i.e. Signing of PPA.

More Definitions of Financial Closure or Project Financing Arrangements

Financial Closure or Project Financing Arrangements means arrangement of necessary funds by the bidder either by way of commitment of funds by the Company from its internal resources and/or tie up of funds through a bank/financial institution by way of sanction of a loan or letter agreeing to finance;