Project Finance Indebtedness definition

Project Finance Indebtedness means any present or future indebtedness incurred to finance the ownership, acquisition, development and/or operation of an asset, whether or not an asset of a member of the Group:

Project Finance Indebtedness means any indebtedness incurred by a debtor to finance the ownership, acquisition, construction, development and/or operation of an Asset or connected group of Assets in respect of which the Person or Persons to whom such indebtedness is, or may be, owed have no recourse for the repayment of or payment of any sum relating to such indebtedness other than:

Project Finance Indebtedness means Financial Indebtedness (in respect of which Security has been given) incurred by a member of the Group (a “Project Group Member”) for the purposes of financing the acquisition, construction, development and/or operation of an asset (a “Project Asset”) where the provider of the Financial Indebtedness has no recourse against any member of the Group, except for recourse to:

Examples of Project Finance Indebtedness in a sentence

• The Trustee may call for and will be entitled to rely (without any liability or responsibility to any person for so doing) on a certificate from the Issuer as to whether any indebtedness constitutes Project Finance Indebtedness, and shall not have any duty to investigate or verify any facts relating to the same.

• Business-to-business (B2B) electronic commerce accounts for the lion share of electronic business transactions.

• For the avoidance of doubt, the definition of Project Finance Indebtedness shall include also any bridge financing incurred in connection with a Project.

• Opinion of Counsel 5 Original Issue Discount Security 5 Outstanding 6 Paying Agent 7 Person 7 Place of Payment 7 Predecessor Security 7 Project Finance Indebtedness 7 Redemption Date 8 Redemption Price 8 Regular Record Date 8 Responsible Officer 8 Securities 8 Security Register and Security Registrar 8 Special Record Date 8 Stated Maturity 8 Subsidiary 8 Subsidiary Undertaking 9 Trustee 9 Trust Indenture Act 9 United States 9 U.S. Government Obligations 9 SECTION 102.

• Project Company means any Subsidiary of the Borrower: Prepared in cooperation with the Joint Lead Managers 9 of 14 (i) whose primary purpose is to invest in, lend to orcarry out a specific project or portfolio of projects related to investments in and/or development of real estate property; and(ii) none of whose liabilities to repay Project Finance Indebtedness are the subject of security or a guarantee, indemnity or any similar form of assurance, undertaking or support by any member of the Group.

More Definitions of Project Finance Indebtedness

Project Finance Indebtedness means any present or future Indebtedness incurred in financing or refinancing the ownership, acquisition, construction, development, leasing, maintenance and/or operation of an asset or assets, whether or not an asset of a member of the Group:

Project Finance Indebtedness means any present or future indebtedness for borrowed money incurred to finance the ownership, construction, acquisition, development and/or operation of an asset or group of related assets of a member of the Group:

Project Finance Indebtedness means any indebtedness to finance or refinance the ownership, acquisition, development and/or operation of an asset or assets in respect of which the person or persons to whom any such indebtedness is or may be owed by the relevant borrower (whether or not the Issuer, the Guarantor or any of its Subsidiaries) has or have no recourse whatsoever to the Guarantor or any of its Subsidiaries for the repayment thereof except for:

Project Finance Indebtedness means any Indebtedness for Borrowed Money incurred in order to finance the ownership, acquisition, development and/or operation of any asset:

Project Finance Indebtedness means in respect of any Project Company, secured or unsecured financial indebtedness of a Project Company in relation to a Project, none of which retains the benefit (by operation of law or otherwise) of any loan, guarantee, bond, security indemnity or other commitment from another member of the Group (other than security granted to third party lenders over receivables, contracts, bank accounts, shares in, or other assets of such Project Company and any guarantees, loans, indemnities or other commitments granted, assumed and/or issued by the Issuer or any of its Subsidiaries until the Project Completion Date solely to secure that financial indebtedness and any other ancillary obligations in connection with the relevant Project), to assure the repayment of, or indemnify the third party lenders against any loss in respect of any non-payment of, that financial indebtedness;

Project Finance Indebtedness means any indebtedness for borrowed money to finance the ownership, acquisition, development and/or operation of an asset:

Project Finance Indebtedness means Financial Indebtedness incurred in order to finance the acquisition, development, operation and/or maintenance of an asset or project, the creditors of which have no recourse to any Non-Recourse Group Member other than: