Rainbow Financing definition

Rainbow Financing means Debt of the Rainbow Subsidiary that, except for a limited-recourse pledge of the capital stock of the Rainbow Subsidiary by the Combined Company that holds such capital stock, (i) is not Guaranteed or otherwise supported by either Borrower or any other Subsidiary and (ii) does not subject any asset of either Borrower or any other Subsidiary directly or indirectly, contingently or otherwise, to the satisfaction of such Debt or any obligation related thereto.
View Source

Related to Rainbow Financing

  • New Financing means the Indebtedness incurred or to be incurred by Holdings and its Subsidiaries under the Credit Documents (assuming the full utilization of the Revolving Commitments) and all other financings contemplated by the Credit Documents, in each case after giving effect to the Transaction and the incurrence of all financings in connection therewith.

  • Co-financing means the financing referred to in Section 7.02 (h) and specified in the Loan Agreement provided or to be provided for the Project by the Co-financier. If the Loan Agreement specifies more than one such financing, “Co-financing” refers separately to each of such financings.

  • PIPE Financing has the meaning set forth in the recitals to this Agreement.

  • Project Financing means: (a) one or more loans, leases, equity and/or debt financings, together with all modifications, renewals, supplements, substitutions and replacements thereof, the proceeds of which are used to finance or refinance the costs of the Customer Facility, any alteration, expansion or improvement to the Customer Facility, the purchase and sale of the Customer Facility or the operation of the Customer Facility; (b) a power purchase agreement pursuant to which Interconnection Customer’s obligations are secured by a mortgage or other lien on the Customer Facility; or (c) loans and/or debt issues secured by the Customer Facility.

  • Bridge Financing means interim financing to cover Eligible Project Costs until DWSRF financing for the project is received from the State Water Board.