Working Capital Allowance. , in respect of a month, means an amount equal to 110 per cent of the facility operating costs for that month multiplied by two.
Working Capital Allowance means $2 million less the aggregate Applicable Working Capital Allowance taken into account for the calculation of Consolidated Cash Flow for all previous periods for which Consolidated Cash Flow is calculated for purposes of this Indenture.
Working Capital Allowance means funds acquired by the Solar Project in such amounts as shall be deemed reasonably necessary by the FMPA Board of Directors to provide for any working capital needs, including providing for the Solar Project’s ability to pay the Seller in the event of non-payment by one or more Project Participants. The initial Working Capital Allowance and the method of funding is described in “Attachment C” to this Power Sales Contract.
Examples of Working Capital Allowance in a sentence
As part of the budget process, the Solar III Project Committee will review Project Related Costs, including the Allocable A&G and the Working Capital Allowance, to ensure the appropriate amount of resources are allocated the Solar III Project.
More Definitions of Working Capital Allowance
Working Capital Allowance means $2,000,000 less the aggregate Applicable Working Capital Allowance taken into account for the calculation of Consolidated Cash Flow for all previous periods for which Consolidated Cash Flow is calculated for purposes of the indenture.
Working Capital Allowance has the meaning set forth in Section 2.06.
Working Capital Allowance means the amount determined as such pursuant to section 6(e) of this Schedule.
Working Capital Allowance for a Year means an allowance which provides a return on certain working capital in that Year, at the rate equal to the Allowed Rate of Return on Equity, determined as follows: