Financial Commitment definition

Financial Commitment means the legally binding undertaking of the Operator to mobilize the financial requirements of the project, for ensuring the completion of the project;

Financial Commitment means that sources of public or private funds or combinations thereof have been identified which will be sufficient to finance public facilities necessary to support development and that there is reasonable assurance that such funds will be timely put to that end.

Financial Commitment means the amount of direct investment by way of contribution to equity, loan and 100 per cent of the amount of guarantees and 50 per cent of the performance guarantees issued by an Indian Party to or on behalf of its overseas Joint Venture Company or Wholly Owned Subsidiary;

Examples of Financial Commitment in a sentence

• Local Financial Commitment Applicants must identify the source of the local cost share and describe whether such funds are currently available for the project or will need to be secured if the project is selected for funding.

• Guarantees/ Other Non fund based Commitments Note * : Financial Commitment as defined in FEMA 120/RB-2004 dated July 7, 2004 Sec 2(f)- Financial Commitment means amount of Direct Investment by way of contribution to equity, loan and 100 per cent of the amount of guarantee issued by Indian Party to or on behalf of its overseas Joint Venture company or Wholly Owned Subsidiary.

• Evidence of continued contact with the local jurisdiction.(f) Financial Commitment.

• Our commitment to our tuition obligation as stated and signed on the Financial Commitment Form.

• In signing the Financial Commitment Agreement and the student Emergency Form, parents/ guardians acknowledge that they are in agreement with the above statements, they will demonstrate a spirit of cooperation, and uphold the guidelines, procedures, policies and rules outlined in the school handbook.

More Definitions of Financial Commitment

Financial Commitment means the commitment of at least 33% of total funds assigned to cover total project cost, that occurs by:

Financial Commitment means the commitment of at least 33% of total funds assigned to cover total project cost, which occurs by the actual expenditure of 33% or more of the total project cost or the commitment to expend 33% or more of the total project cost by signed contracts or other legal means.

Financial Commitment means that sources of pub- lic or private funds or combinations thereof have been identi- fied which will be sufficient to finance public facilities neces- sary to support development and that there is reasonable assurance that such funds will be timely put to that end.

Financial Commitment means the commitment of at least 33%

Financial Commitment means the aggregate amount of investment made by a person resident in India by way of Overseas Direct Investment, debt other than Overseas Portfolio Investment in a foreign entity or entities in which the Overseas Direct Investment is made and shall include the nonfund-based facilities extended by such person to or on behalf of such foreign entity or entities;

Financial Commitment means the legally binding undertaking of the LEASSE Agency to mobilize the financial requirements of the project, for ensuring efficient operation & maintenance of the project.

Financial Commitment means in the City's sole discretion, that sources of public or private funds or combinations thereof have been identified which shall be sufficient to finance transportation improvements necessary to support development and that there is reasonable assurance that such funds shall be timely used. Grants, loans and bond funds shall be considered to be committed only if they have been fully approved by the appropriate body.