Project Finance definition

Project Finance means a mechanism for financing a project where, ordinarily, the bulk of such financing is by way of debt finance (which is repaid principally out of the revenues produced by the Project) and not by way of equity capital;

Project Finance means any Financial Indebtedness to finance the ownership, acquisition, development, operation and/or maintenance of any asset or business (a “Project”) and incurred by an Obligor in respect of which the person or person to whom any such Financial Indebtedness is, or may be, owed has or have no recourse to any member of the Group for the repayment thereof other than:

Project Finance means any financing arrangement (i) for the provision of funds which are to be used exclusively to finance a particular project for the acquisition, construction, development or exploitation of any property or project; and (ii) under which the creditors under such financing arrangement have agreed to limit, as a principal source of repayment, their recourse only to the assets and revenues of, and quota(s) or shares issued by, the Project Company implementing such project;

Examples of Project Finance in a sentence

• Indebtedness incurred in connection with any agreement entered into with the Export Development Canada Project Finance and Sustainable Development Technology Canada.

• Main areas of practice include‐ General Corporate law, Real Estate, Project Finance, Commercial Litigation, Arbitration and Dispute Resolution.

• The proposed Project is a 5-year Investment Project Finance of US$105.61 million, consisting of a US$50 million IDA credit blended with GEF and LDCF grants totaling US$12.96 million; and a contribution by the Government of Norway of US$42.65 million through a WorldBank Trust Fund8.

• Yes, in 2020 under the restructure of DPS, a Project Finance & Reporting Analyst, and Financial System Analyst were added to the structure.

• Includes the outstanding amount of the Green Project Finance from the sub-holding company of Solaben 1 & 6 and Solaben 2 & 3.

More Definitions of Project Finance

Project Finance means debt financing non-recourse to the Shareholders provided to the Company by one or more reputable financial institutions which will allow the Company to draw down up to such amount as provided for in the initial Business Plan in order to finance the construction of the System.

Project Finance means a loan from the Department of Energy or third-party lender sufficient to pay for and/or reimburse Seller for construction and initial operations costs and expenses associated with the Makushin Geothermal Project.

Project Finance. Plan shall mean the plan for financing of the costs of the Project set forth in Exhibit J to the Agency Lease. Project Improvements shall mean all buildings, structures, foundations, related facilities, fixtures and other improvements resulting from the Project Work. Project Work shall mean the work required to complete the construction and/or renovation portion of the Project as such work is further set forth in the Project Cost Budget.

Project Finance means long-term financing provided to a current or future member of the Group established solely for the purpose of developing projects (whether directly or indirectly through equity interest in the share capital of other companies), without recourse of any kind (including, but not limited to, personal guarantees, comfort letters, obligations to make contributions or any other with equivalent economic content) to any other Group member (with the exception of security interests in shares and/or equity units of the company owning the corresponding project).

Project Finance means the financing of long-term large capital assets (including infrastructure, energy and resources and industrial projects but, for the avoidance of doubt, not including stock-in-trade) where the debt is:

Project Finance means a form of ‘Non-recourse’ or ‘Limited Recourse’ financing, where the lenders base their credit decision solely or primarily on the cash flows of the project, with respect to repayment of the project debts.

Project Finance means more than 'the financing raised for a project.'" Explain.