Permanent Closing definition

Permanent Closing means, after the Commercial Operation Date, the occurrence of any of the following events: (i) for any period of eighteen (18) consecutive Months, excluding periods of Outages due to Force Majeure affecting Resource Provider or any PREPA Risk Event, Facility Availability equals zero (0), or (ii) for any period of thirty-six (36) consecutive Months, regardless of whether Resource Provider claims Force Majeure during such period, Facility Availability equals zero (0), in each case excluding periods of Outages due to any PREPA Risk Event.
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Permanent Closing means the date the Bank Loan is paid in full.
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Permanent Closing means the date upon which all financing necessary for the operation of the Project on the Property closes, and any deeds of trust related to such financing are recorded against the Property.
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Examples of Permanent Closing in a sentence

  • If there is a shortage of funds to close, show how that gap will be filled in the Sources of Funds for Permanent Closing section above.

  • Permanent Closing Requirements: The following is, but not limited to, a list of final and completed documents required thirty (30) days prior to permanent closing:1.

  • Notice of Permanent Closing of Banking OfficeA bank may close fewer than all of its banking offices.

  • CARE ConOps, Appendix B; W&I CARE: Field Assistance ConOps, 3.Taxpayer Advocate is concerned that this shift to compliance work comes at the expense of taxpayer service.MOST SERIOUS PROBLEMS Permanent Closing of Some TAC LocationsP R O B L E M STaxpayers are also inconvenienced by office closings, including both the permanent clos- ing of small offices and temporary, often unannounced closures for training and other purposes, which limit the availability of face-to-face assistance.

  • Consideration of Proposed Permanent Closing of West Dorsett Avenue and the Portion of South Church Street South of West Walker Avenue.

  • Documents: 2022-R-54 DIAMOND CITY GALA.PDF DIAMOND CITY GALA MAP.PDF 3.J. Adopt Resolution 2022-R-56, Declaring The Intention Of The Town Council Of The Town Of Morehead City To Consider The Permanent Closing Of The Southern Portion Of A 20' Wide Land Running North To South Between Midyette Avenue And Holly Lane, More Specifically, Between Lots 26 And 27 Of Block 1 Mitchell Village Subdivision.

  • This will cause another shortage in the Balance of Funds Needed for Permanent Closing and you will need to add that to the Trust Fund mortgage amount in the Sources section as well as the One-time Servicing Fee section.

  • The profiles to follow cover a range of types of activities that might fall into categories such as: MSME development, local economic development, regional development, rural development, social development, investment promotion, access to finance, etc.

  • Concurrently with Permanent Closing, Borrower shall establish and maintain an account that is available for capital expenditures for repairs and replacement necessary to maintain the Development in the condition required by the Loan Documents (the "Replacement Reserve Account").

  • Vacancy Reference Number 30633 Job Title Housekeeper Grade Band 2 Salary £18,600 - £20,606 per annum pro rata plus £1,336.68 High Secure Environmental Allowance per annum pro rata Hours 16 hours per week Contract Duration Permanent Closing DateFriday 25 September 2020.


More Definitions of Permanent Closing

Permanent Closing means, after the Commercial Operation Date, the occurrence of any of the following events: (i) for any period of twelve (12) consecutive Months, excluding periods of Outages due to Force Majeure affecting Resource Provider or any PREPA Risk Event, GSDS Availability equals zero (0), or (ii) for any period of twenty-four (24) consecutive Months, regardless of whether Resource Provider claims Force Majeure during such period, GSDS Availability equals zero (0), in each case excluding periods of Outages due to any PREPA Risk Event.
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Related to Permanent Closing

  • Permanent Closure means ceasing operation of all or any part of the facility with the intent that the animal holding area(s) and/or manure storage area(s) will no longer be used for that purpose.

  • First Closing has the meaning set forth in Section 2.1(a).

  • Initial Closing shall have the meaning ascribed to such term in Section 2.1.

  • Subsequent Closing has the meaning set forth in Section 3.2.

  • Additional Closing has the meaning set forth in Section 2.3.

  • Initial Closing Date shall have the meaning assigned to such term in Section 1.2 hereof.

  • Second Closing has the meaning set forth in Section 2.2.

  • First Closing Date shall refer to the time and date of delivery of certificates for the Firm Shares and such Optional Shares). Any such time and date of delivery, if subsequent to the First Closing Date, is called an “Option Closing Date,” shall be determined by the Representatives and shall not be earlier than three or later than five full business days after delivery of such notice of exercise. If any Optional Shares are to be purchased, each Underwriter agrees, severally and not jointly, to purchase the number of Optional Shares (subject to such adjustments to eliminate fractional shares as the Representatives may determine) that bears the same proportion to the total number of Optional Shares to be purchased as the number of Firm Shares set forth on Schedule A opposite the name of such Underwriter bears to the total number of Firm Shares. The Representatives may cancel the option at any time prior to its expiration by giving written notice of such cancellation to the Company.

  • Final Closing means the last closing under the Private Placement;

  • Second Closing Date has the meaning set forth in Section 1.3.

  • Final Closing Date shall have the meaning specified in Section 7.2(a) hereof.

  • Subsequent Closing Date means, with respect to each Subsequent Closing, the date on which such Subsequent Closing is deemed to have occurred.

  • Third Closing shall have the meaning ascribed to such term in Section 2.1(c).

  • Target Closing Date means three (3) Business Days following receipt of the Approval and Vesting Order, or such other date as the Parties may agree.

  • Third Closing Date has the meaning set forth in Section 2.2(c).

  • Put Closing Date shall have the meaning set forth in Section 2.3.8.

  • Plant closing means the closing of a plant site or other corporate location that directly results in termination of the Grantee’s Service.

  • Additional Closing Date shall have the meaning set forth in Section 2.3.2.

  • Original Closing Date means March 21, 2013.

  • Series Closing Date means the date designated as such in the Series Term Sheet.

  • Acquisition Closing Date means the “Closing Date” under and as defined in the Acquisition Agreement.

  • Put Closing shall have the meaning set forth in Section 2.3.8.

  • Anticipated Closing Date means the anticipated closing date of any proposed Qualified Sale Transaction, as determined in good faith by the Board of Directors on the Applicable Date.

  • Amendment Closing Date means the first date that all the conditions precedent set forth in this Amendment are satisfied or waived in accordance herewith.

  • Permanent Financing means long-term debt (with a term of no less than fifteen (15) years) including a mortgage or other financing evidenced by a lien against the property. Permanent sources of financing identified on Page 7 of Form 3 to cover development costs (including capitalized operating and replacement reserves) may not include letters of credit, cash from operations, the lease up reserve or other non-cash contributions to the Project.

  • Merger Closing Date the Closing Date (as defined in the Merger Agreement).