Financial Closure or Project Financing Arrangements definition

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 JDVVNL.

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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 arrangement of necessary funds by the Project Developer 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;

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 arrangements of necessary funds by the Project Developer either by way of commitments of funds by the company from its internal

Financial Closure or Project Financing Arrangements means arrangement of necessary funds by the Project Developer towards 100% Project Cost 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 to be completed within 12 months of the signing of the PPA.

Financial Closure or Project Financing Arrangements means arrangement of necessary funds equivalent to the total estimated project cost, by the Solar Project Developer either by way of commitment

Related to Financial Closure or Project Financing Arrangements

Financing Arrangements means the arrangements between the Borrower and the State as per current policy of the Borrower, and acceptable to ADB;
Project Financing means: (a) one or more loans, leases, equity and/or debt financings, together with all modifications, renewals, supplements, substitutions and replacements thereof, the proceeds of which are used to finance or refinance the costs of the Customer Facility, any alteration, expansion or improvement to the Customer Facility, the purchase and sale of the Customer Facility or the operation of the Customer Facility; (b) a power purchase agreement pursuant to which Interconnection Customer’s obligations are secured by a mortgage or other lien on the Customer Facility; or (c) loans and/or debt issues secured by the Customer Facility.
Interim Financing means any new financial assistance, provided by an existing or a new creditor, that includes, as a minimum, financial assistance during the stay of individual enforcement actions, and that is reasonable and immediately necessary for the debtor's business to continue operating, or to preserve or enhance the value of that business;
Permitted Acquisition Documents means with respect to any acquisition proposed by the Borrower or any Subsidiary Guarantor, final copies or substantially final drafts if not executed at the required time of delivery of the purchase agreement, sale agreement, merger agreement or other agreement evidencing such acquisition, including, without limitation, all legal opinions and each other document executed, delivered, contemplated by or prepared in connection therewith and any amendment, modification or supplement to any of the foregoing.
Financial Closure means the first Business Day on which funds are made available to the TSP pursuant to the Financing Agreements;