PHASE I CAP definition

PHASE I CAP has the meaning set forth in SECTION 2.1(A) hereof.
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Examples of PHASE I CAP in a sentence

  • The amount of any proposed Interim Loan made to Borrower pursuant to this SECTION 2.1(A), may not exceed the sum of (i) the Phase I Commitment Amount; (ii) the Cable Commitment Amount; and (iii) the Optiset Commitment Amount (the "PHASE I CAP"), LESS the aggregate principal balance of the Phase I Loans advanced hereunder to Borrower through the date of such proposed Interim Loan.

Related to PHASE I CAP

  • Phase II means the second part of the tuition incentive assistance program which provides assistance in the third and fourth year of 4-year degree programs.

  • Phase I means the first part of the tuition incentive assistance program defined as the academic period of 80 semester or 120 term credits, or less, leading to an associate degree or certificate.

  • Project Completion Date means the date on which the Completion Certificate is issued;

  • Phase 1 means the phase of the ATP comprised of: (1) improvements to the State Street Substation; (2) construction of the Proposed Line; (3) the rebuilding of NYSEG’s existing Lines 971 and ▇▇▇ ▇▇▇▇▇ ▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇ ▇▇ the NYSEG ROW to allow for construction of the Proposed Line as intended; (4) improvements to the Elbridge Substation to accept the Proposed Line; and (5) National Grid’s conveyance to NYSEG of the NYSEG Acquired ROW and such other land interests as contemplated by the Purchase and Sale Agreement.

  • project completion period means the period of sixty (60) months commencing from and expiring on for the construction and obtaining of Temporary Occupation Permit or Permits for the whole of the Development as provided in clause 3.3;