Base Case Financial Model definition

Base Case Financial Model means a financial model prepared by the Borrower forecasting the revenues and expenditures of the Project for time periods through the Final Maturity Date and based upon assumptions and methodology provided by the Borrower and acceptable to the TIFIA Lender as of the Effective Date, which model shall be provided to the TIFIA Lender as a fully functional Microsoft Excel – based financial model or such other format requested by the TIFIA Lender.

Base Case Financial Model means the base case financial model agreed by the Parties in writing as accurately representing the terms and conditions of the financing for the Project on a limited recourse or project finance basis and furnished by the Feed-in Approval Holder to the Distribution Licensee on or before the date of the Financial Closing Date for the Initial Financing Documents;

Base Case Financial Model means a financial model prepared by the Borrower forecasting the costs of the Project and the revenues and expenses of the Project for time periods through the Final Maturity Date and based upon assumptions and methodology provided by the Borrower and acceptable to the WIFIA Lender as of the Effective Date, which financial model (i) reflects principal amortization and interest payment schedules acceptable to the WIFIA Lender and (ii) shall be provided to the WIFIA Lender as a fully functional Microsoft Excel – based financial model or shall use such other format requested by the WIFIA Lender.

Examples of Base Case Financial Model in a sentence

• The Financial Plan submitted within sixty (60) days after the Effective Date should be consistent in all respects with the projections, assumptions and other information contained or reflected in the Base Case Financial Model.

• The Delay Liquidated Damages shall be paid at a rate of 0.25% of the total EPC cost (including all contractors, equipment suppliers and service providers), as included in the Base Case Financial Model, for every week or part thereof from the Target Commercial Operation Date to the Commercial Operation Date, such weekly sum to be applied pro rata for any portion of a week between the Target Commercial Operation Date and the Commercial Operation Date.

• Within 21 Days after receipt, the Department will accept or dispute a proposed Base Case Financial Model or Base Case Financial Model Update (as applicable) and, if it disputes a proposed Base Case Financial Model or Base Case Financial Model Update (as applicable), specifying its reasons for such dispute in sufficient detail to enable the Concessionaire to correct the errors or deficiencies.

• At this point in the meeting, Ellen Burton, Executive Director External Affairs suggested that an ad hoc subcommittee be formed prior to the implementation of the pilot program to brainstorm some ideas of how to communicate with the customers and to make sure that OCTA is hearing more in depth what the issues and concerns are.

• Any updates to the Initial Base Case Financial Model or Base Case Financial Model completed pursuant to Article 6 of the Agreement shall maintain the Transit Funding Payments as set forth in Attachment J-1 to this Exhibit J.

More Definitions of Base Case Financial Model

Base Case Financial Model means a financial model prepared by the Borrower forecasting cash flows, including all funding sources and expenditures of the Project and the availability of Sales Tax Revenues and Debt Service for time periods through the Final Maturity Date and based upon assumptions and methodology provided by the Borrower and acceptable to the TIFIA Lender as of the Effective Date, which model shall be provided to the TIFIA Lender as a fully functional Microsoft Excel – based financial model or such other format requested by the TIFIA Lender.

Base Case Financial Model means the financial model described on ------------------------- Exhibit A to the Services and Supply Agreement.

Base Case Financial Model means the financial base case for the Project attached to this Agreement at Schedule 3 (Base Case Financial Model titled [ ] PPP Project - Base Case Financial Model Version [ ]) in electronic format on a CD, which model incorporates the forecasted cash flow statements of the Private Party including all expenditure, revenues, taxation and financing of the Services together with the income statements and balance sheets for the Private Party over the Project Term, and details of all assumptions, calculations and methodology used in the compilation thereof;

Base Case Financial Model has the meaning assigned to it in the Collateral Agency Agreement.

Base Case Financial Model means the financial model as defined under the Finance Documents, which shall be provided at Financial Close and attached to this agreement as Annexure K (Base Case Financial Model);

Base Case Financial Model means the original version of the financial model containing assumptions agreed between the Parties as the base case in effect as from the Effective Date of the PPP Agreement;

Base Case Financial Model means the economic projections and assumptions in relation to the Borrower and the Integrated Resort, prepared by the Borrower and posted on Debt Domain on 8 June 2012 labelled “MBS Model”.