IPDC definition

IPDC means the Initial Project Debt Competition.

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedSchedule a Demo

IPDC means the independent performance demonstration certifier appointed by the City, Project Co, the Operator and the LRV Supplier pursuant to Article 7 [Independent Performance Demonstration Certifier] of Schedule 6 [Interface Agreement].

IPDC means Inland Pacific Development Company, a Delaware limited ---- liability company.

Examples of IPDC in a sentence

• Each phase of the IPDC is set out below together with the anticipated actions and review points.

• Developer’s Finance Team will contact the Lenders on the final list by emailing invitations in the agreed-upon form to establish their willingness to participate in the IPDC.

• No individual serving as a financial advisor to Developer on the JFWG or PFG may participate with, or receive special economic benefit from placing financing with, any potential Lender, whether as advisor, underwriter or otherwise, in any manner in connection with the IPDC or the Initial Project Debt.

• This will show the robustness and transparency of the process to all stakeholders and provide an audit trail of the IPDC process.

• The IPDC shall be under the purview and control of Developer, subject only to the opportunity for the Department to provide comments, to observe, monitor and audit, and to require certain approvals of the process, as set forth in this IPDC Protocol.

• It is anticipated that given the close involvement of the Core Lenders in the development of the Proposal, the Core Lenders will not submit responses to the IPDC, but instead have the opportunity to match the terms offered and generated by the process up to a predetermined portion of the Initial Project Debt anticipated to be up to 50% of the total Initial Project Debt other than TIFIA.

• All actions and decisions under or relating to this IPDC Protocol shall be directed toward fulfilling this purpose.

• If Developer’s financial plan in its Proposal includes TIFIA financing, then Developer will pursue all necessary steps to obtain and close the TIFIA financing in coordination with the IPDC schedule and concurrently with close of the balance of the Initial Project Debt.

• Any material information and clarifications about the IPDC process that are communicated to one potential Lender shall be promptly shared with all other identified potential Lenders.

• The purpose of this IPDC Protocol is to accomplish the key objectives set forth below (“Key Objectives”) through Developer’s conduct of a robust, comprehensive, and fair competition for financing proposals from a broad array of providers/underwriters of capital (“Lenders”) indicating potential interest in providing Developer initial debt financing for the Project.

More Definitions of IPDC

IPDC means the Industrial Parks Development Corporation, a federal government public enterprise established pursuant to "Industrial Parks Development Corporation Establishment Council of Ministers Regulation No. 326/2014" for the purpose of, inter alia, developing and operating industrial parks, preparing national industrial park master plans, and attracting investors to the industrial parks, and any successor thereto.

IPDC means [________________________________________________________].