Original Financial Model definition

Original Financial Model means the financial computer model, including the Financial Model Formulas and the related output, used to produce the financial forecasts in the Best Value Proposal, which includes certain projections and calculations with respect to revenues, expenses, the repayment of Project Debt and Distributions to initial Equity Members that result in achievement of the Original Equity IRR. The Original Financial Model will be updated on or before Financial Close.
Sample 1Sample 2Sample 3
Original Financial Model means the financial model for the Generator that was agreed to by the Parties as at the date hereof, that was used to calculate the initial Contract Price and that was based on an after tax, nominal, unlevered project return to the Generator equal to the Rate of Return as at the date hereof and which is incorporated herein pursuant to the provisions of Exhibit 1.1(c) to the Technical Schedule.
Sample 1Sample 2Sample 3
Original Financial Model means the financial model in the Agreed Form prepared on behalf of the Sponsors of the Concessionaire, as it stands at the date of the Concession Agreement;
Sample 1

Examples of Original Financial Model in a sentence

  • With the Department’s prior consent, to reflect any outcomes of the model audit process of the Original Financial Model being conducted by the Lenders, provided, however, that in no event shall the outcomes of such model audit result in an increase in the MAP or other payments that may be due to Developer under the Agreement.

  • The quantitative assessment will be conducted through updates to the Original Financial Model that change the inputs of financing terms to reflect the terms in the final submission.

  • The audit of the Original Financial Model for this purpose may be the same as the audit required by the Proposer’s lenders.

  • Deliver to Department an audit of the Original Financial Model conducted by an independent audit firm satisfactory to Department (at the Proposer’s sole expense).

  • The computer model will ultimately become the Original Financial Model referred to in the Contract Documents.

  • The Financial Proposal shall include one or more support letters from its proposed underwriters, monoline insurers or bank lenders confirming their willingness to provide the debt facilities described in the Proposer’s financing plan as set forth in the proposed Financial Plan Memorandum and assumed in the Original Financial Model.

  • As a significant number of calls last less than 30seconds on average, the surcharge appears large.

  • The Schedule of Values shall be consistent with corresponding amounts included in the Original Financial Model.

  • Include here solutions, approaches, and corrective actions to problems identified by the communities.6Detail any material changes to your services this month (e.g. staff changes, facilitiesopening or closing).7What service changes/improvements have you undertaken this quarter?8What internal quality assurance activities have you undertaken this quarter?9Describe any project level constraints, shortcomings in the reporting quarter Include solutions or approaches to the constraints.

  • For these calculations, the Proposer is to solve the Original Financial Model to achieve the highest Original Equity IRR while the MAP is maintained and the debt covenants established in the Funding Agreements are not violated.


More Definitions of Original Financial Model

Original Financial Model means Cash Flow Projections provided to the banks for the first time on 2 March 2011.
Sample 1
Original Financial Model means the Financial Model provided by Borrower to Lender in connection with the initial Advance pursuant to Section 4.01(j) hereof, as described on Exhibit E
Sample 1
Original Financial Model the computer spreadsheet model for the Project as at the Commencement Date, a copy of which is attached at Schedule 17; “Original Senior Commitment” the amount committed under the Senior Financing Agreements as at Financial Close (as adjusted to take into account any Qualifying Variation);
Sample 1
Original Financial Model means the financial computer model, including the mathematical formulas and the related output submitted as part of the Proposal, and used to produce the financial forecasts in the Proposal (including the MAP quoted in Appendix C-2 to this ITP) and includes certain projections and calculations with respect to revenues, expenses, the repayment of Project Debt and Distributions to initial Equity Members that result in achievement of the Original Equity IRR. The Original Financial Model submitted as part of the Proposal may be updated:
Sample 1Sample 2
Original Financial Model has the meaning ascribed to it in Exhibit 3.5.
Sample 1

Related to Original Financial Model

  • Base Case Financial Model means the base case financial model agreed by the Parties in writing as accurately representing the terms and conditions of the financing for the Project on a limited recourse or project finance basis and furnished by the Feed-in Approval Holder to the Distribution Licensee on or before the date of the Financial Closing Date for the Initial Financing Documents;

  • Financial Model means the financial model adopted by Senior Lenders, setting forth the capital and operating costs of the Project and revenues therefrom on the basis of which financial viability of the Project has been determined by the Senior Lenders, and includes a description of the assumptions and parameters used for making calculations and projections therein;

  • Original Financial Statements means the audited consolidated financial statements of the Company for the year ended 31 December 2012.

  • Additional Financial Centre(s means the city or cities specified as such in the relevant Final Terms;

  • Annual Financial Statement is defined in Section 10.1(a).

  • Banking Day Financial Centre means the Banking Day Financial Centre as specified in § 1 of the Product and Underlying Data.

  • Financial Monitoring Report or “FMR” means each report prepared in accordance with Section 4.02 of this Agreement;

  • Principal Financial Centre means, in relation to any currency, the principal financial centre for that currency provided, however, that:

  • Annual Financial Statements has the meaning set forth in Section 3.06.

  • Initial Financial Statements means (a) the audited annual Consolidated financial statements of Borrower dated as of December 31, 2009, and (b) the unaudited quarterly Consolidated financial statements of Borrower dated as of March 31, 2010.

  • Principal Financial Center means, in the case of any Currency, the principal financial center where such Currency is cleared and settled, as determined by the Administrative Agent.

  • Historical Financial Statements means the audited consolidated balance sheets of the Borrower as of December 31, 2006 and December 31, 2005 and the audited consolidated statements of income, stockholders’ equity and cash flows of the Borrower for each of the fiscal years in the three year period ending on December 31, 2006.

  • TO Proposal – Financial means the TO Contractor’s financial response to the CATS II TORFP dateddate of TO Proposal - Financial.

  • Principal Financial Officer means, with respect to any Obligor Party, any director, any manager, the chief financial officer, the treasurer or the principal accounting officer of such Obligor Party.

  • International Financial Institution means any bank in the top 1,000 (together with their affiliated companies) as measured by "Tier 1" capital or any broker/dealer in the top 100 as measured by capital.

  • CMSA Financial File means a report substantially in the form of, and containing the information called for in, the downloadable form of the "Financial File" available as of the Closing Date on the CMSA Website, or such other form for the presentation of such information and containing such additional information as may from time to time be approved by the CMSA for commercial mortgage securities transactions generally.

  • Annual Financial Information means annual financial information as such term is used in paragraph (b)(5)(i) of the Rule and specified in Section 3(a) of this Disclosure Agreement.

  • Academy Financial Year means the year from 1st September to 31st August or such other period as the Secretary of State may from time to time specify by notice in writing to the Academy Trust;

  • International Financial Reporting Standards means the accounting standards and interpretations adopted by the International Accounting Standards Board.

  • Closing Date Financial Statements has the meaning set forth in Section 2.3(a)(i).

  • Financial Package means the financing package indicating the total capital cost of the Project and the means of financing thereof, as set forth in the Financial Model and approved by the Lenders, and includes Equity and all financial assistance specified in the Financing Agreements;

  • Relevant Financial Centre means, with respect to any Floating Rate to be determined in accordance with a Screen Rate Determination on an Interest Determination Date, the financial centre as may be specified as such in the relevant Final Terms or, if none is so specified, the financial centre with which the relevant Benchmark is most closely connected (which, in the case of EURIBOR or EONIA, shall be the Euro-zone and in the case of LIBOR, shall be London) or, if none is so connected, Paris.

  • old financial year means the financial year of an issuer that immediately precedes a transition year;

  • Relevant Financial Centre Day means a day on which commercial banks and foreign exchange markets settle payments and are open for general business (including dealings in foreign exchange and foreign currency deposits) in the principal financial centre or centres for the currency in which payment falls to be made (or, in the case of payments which fall to be made in euro, a Euro Business Day or, where such currency is a National Currency Unit (as defined in Condition 9) and the Notes have been redenominated into euro pursuant to Condition 9, the former principal financial centre or centres) and in any other place set out in the Final Terms;

  • Financial Statement Date means December 31, 1999.

  • mixed financial holding company means a mixed financial holding company as defined in point (21) of Article 4(1) of Regulation (EU) No 575/2013;