Ramp-up Phase definition
Ramp-up Phase means, with respect to any Project or Permitted Minority Investment Project, the twelve (12) month period commencing on the later of (i) the month in which such Project or Permitted Minority Investment Project has reached commercial operation and (ii) the month in which the initial distribution of Cash is made by the relevant Restricted Operating Company Subsidiary or Permitted Minority Investment Company to a Credit Party following commercial operation.
Ramp-up Phase means, with respect to any Project, the twelve (12) month period commencing on the later of (i) the month in which such Project has reached commercial operation and (ii) the month in which the initial distribution of Cash is made by the relevant Restricted Operating Company Subsidiary to a Credit Party following commercial operation.
Ramp-up Phase means the interim period after formation where INFITEQ revenues will not be sufficient to cover expenses incurred to provide adequate Management Services under contract, as specifically set forth in EXHIBIT C to this Agreement. (k) "REVENUE FLOW MODEL" shall mean the method of revenue distribution within INFITEQ as set forth in EXHIBIT D(i). (l) "WORKING AGREEMENTS" shall mean the multi-party service level agreements that are anticipated to be put in place with each Customer Contract.
Examples of Ramp-up Phase in a sentence
For purposes of determining Available Cash solely for the calculation of the ratios set forth in this Section 6.6, distributions of Available Cash (other than Qualifying Cash) in respect of such Project or business made during the Ramp-up Phase of such Project or business shall be annualized by the amount of any such distributions multiplied by a fraction, the numerator of which is twelve (12) and the denominator of which is the number of months from and including the beginning of such Ramp-up Phase.
Persons who have been involved with the HBP during the Ramp-up Phase can be considered for the DG position only if any potential conflicts of interest are resolved to the satisfaction of the SB.
More Definitions of Ramp-up Phase
Ramp-up Phase shall have the meaning set forth in clause 6 of Schedule 3.
Ramp-up Phase means, with respect to any Project or Permitted Minority Investment Project, the twelve (12) month period commencing on the later of (i) the month in which such Project or Permitted Minority Investment Project has reached commercial operation and (ii) the month in which the initial distribution of Cash is made by the relevant Restricted Operating Company Subsidiary or Permitted Minority Investment Company to a Credit Party following commercial operation. CREDIT AGREEMENT (PATTERN REVOLVER) definition, the amount of any contingent liability at any time shall be computed as the amount that, in light of all of the facts and circumstances existing at such time, represents the amount that can reasonably be expected to become an actual or matured liability (irrespective of whether such contingent liabilities meet the criteria for accrual under Statement of Financial Accounting Standards No. 5).
Ramp-up Phase means the period from the Nesaea Issue Date to the Principal Crystalisation Date, being 22 March 2006.
Ramp-up Phase in Section 1.1 is hereby amended and restated as follows: