Financial Commitment definition

Financial Commitment means the legally binding undertaking of the Operator to mobilize the financial requirements of the project, for ensuring the completion of the project;

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Financial Commitment means that sources of public or private funds or combinations thereof have been identified which will be sufficient to finance public facilities necessary to support development and that there is reasonable assurance that such funds will be timely put to that end.

Financial Commitment means the amount of direct investment by way of contribution to equity, loan and 100 per cent of the amount of guarantees and 50 per cent of the performance guarantees issued by an Indian Party to or on behalf of its overseas Joint Venture Company or Wholly Owned Subsidiary;

Examples of Financial Commitment in a sentence

• Customer Financial Commitment The Customer agrees to pay to the Company any current or future trades, debit balances, margin requirements or any other debts in his Account, including but not limited to any remaining deficit in the Customer’s Account in the event of total or partial liquidation of the Account by the Customer or the Company.

• In the event this Agreement expires before the Financial Commitment is fully amortized, University will need to add language to this contract addressing that issue.

• In no event shall any voluntary relinquishment by the Contractor over all of any part of the Contract Area reduce the Minimum Work Obligations or Minimum Financial Commitment set out in Clause 7.

• At the signing of contract, the Minimum Financial Commitment will be set at the Tier 2 Baseline.

• University will manage all Space renovations, purchase and install all food service equipment and furnishings with input from Contractor, and disburse the Financial Commitment as University deems appropriate.

More Definitions of Financial Commitment

Financial Commitment means the aggregate amount of investment made by a person resident in India by way of Overseas Direct Investment, debt other than Overseas Portfolio Investment in a foreign entity or entities in which the Overseas Direct Investment is made and shall include the nonfund-based facilities extended by such person to or on behalf of such foreign entity or entities;

Financial Commitment means the commitment of at least 33% of total funds assigned to cover total project cost, that occurs by:

Financial Commitment means the legally binding undertaking of the LEASSE Agency to mobilize the financial requirements of the project, for ensuring efficient operation & maintenance of the project.

Financial Commitment means that sources of pub- lic or private funds or combinations thereof have been identi- fied which will be sufficient to finance public facilities neces- sary to support development and that there is reasonable assurance that such funds will be timely put to that end.

Financial Commitment means the commitment of at least 33% of total funds assigned to cover total project cost, which occurs by the actual expenditure of 33% or more of the total project cost or the commitment to expend 33% or more of the total project cost by signed contracts or other legal means.

Financial Commitment means the commitment of at least 33%

Financial Commitment means in the City's sole discretion, that sources of public or private funds or combinations thereof have been identified which shall be sufficient to finance transportation improvements necessary to support development and that there is reasonable assurance that such funds shall be timely used. Grants, loans and bond funds shall be considered to be committed only if they have been fully approved by the appropriate body.