Project Finance Indebtedness definition

Project Finance Indebtedness means any present or future indebtedness incurred to finance the ownership, acquisition, development and/or operation of an asset, whether or not an asset of a member of the Group:
Project Finance Indebtedness means any indebtedness incurred by a debtor to finance the ownership, acquisition, construction, development and/or operation of an Asset or connected group of Assets in respect of which the Person or Persons to whom such indebtedness is, or may be, owed have no recourse for the repayment of or payment of any sum relating to such indebtedness other than:
Project Finance Indebtedness means any indebtedness for moneys borrowed to finance the ownership, acquisition, development and/or operation of an asset (whether or not an asset of a member of the Group):

Examples of Project Finance Indebtedness in a sentence

  • The Trustee may call for and will be entitled to rely (without any liability or responsibility to any person for so doing) on a certificate from the Issuer as to whether any indebtedness constitutes Project Finance Indebtedness, and shall not have any duty to investigate or verify any facts relating to the same.

  • Through the Ordinance, the City established the Community Redevelopment Trust Fund to account for all transactions generated by this special revenue fund.

  • For the avoidance of doubt, the definition of Project Finance Indebtedness shall include also any bridge financing incurred in connection with a Project.

  • Certain Subsidiaries (as defined in the Conditions) of the Company have significant outstanding indebtedness, and may in future incur further indebtedness, including Project Finance Indebtedness.

  • The approach taken by the Atomic-I development rule is to constrain the interference so that it cannot trigger the STM-Retry semantic rule at all.


More Definitions of Project Finance Indebtedness

Project Finance Indebtedness means any present or future indebtedness for borrowed money incurred to finance the ownership, construction, acquisition, development and/or operation of an asset or group of related assets of a member of the Group:
Project Finance Indebtedness means any indebtedness to finance or refinance the ownership, acquisition, development and/or operation of an asset or assets in respect of which the person or persons to whom any such indebtedness is or may be owed by the relevant borrower (whether or not the Issuer, the Guarantor or any of its Subsidiaries) has or have no recourse whatsoever to the Guarantor or any of its Subsidiaries for the repayment thereof except for:
Project Finance Indebtedness means any Indebtedness for Borrowed Money incurred in order to finance the ownership, acquisition, development and/or operation of any asset:
Project Finance Indebtedness means in respect of any Project Company, secured or unsecured financial indebtedness of a Project Company in relation to a Project, none of which retains the benefit (by operation of law or otherwise) of any loan, guarantee, bond, security indemnity or other commitment from another member of the Group (other than security granted to third party lenders over receivables, contracts, bank accounts, shares in, or other assets of such Project Company and any guarantees, loans, indemnities or other commitments granted, assumed and/or issued by the Issuer or any of its Subsidiaries until the Project Completion Date solely to secure that financial indebtedness and any other ancillary obligations in connection with the relevant Project), to assure the repayment of, or indemnify the third party lenders against any loss in respect of any non-payment of, that financial indebtedness;
Project Finance Indebtedness means Financial Indebtedness incurred in order to finance the acquisition, development, operation and/or maintenance of an asset or project, the creditors of which have no recourse to any Non-Recourse Group Member other than:
Project Finance Indebtedness means any Indebtedness (not being Indebtedness incurred by the Guarantor) to provide finance for, or in relation to, a project in respect of which the Person or Persons to whom any such Indebtedness is or may be owed by the relevant Person (the “borrower”) has or have no recourse whatsoever to the Guarantor or any Material Subsidiary for the repayment thereof other than, if such borrower is not a Project Subsidiary:
Project Finance Indebtedness means any Relevant Debt incurred in connection with the financing, ownership, creation, construction, design, development or operation of a project or a product (including without limitation an Aircraft) in which a member of the Group or an affiliate is directly or indirectly participating (a “Project”) where (1) the recourse of the creditor(s) is fully or substantially limited to the assets and/or revenues comprised in, and/or generated by, the Project or (2) pursuant to the terms of financing or other project agreements, the creditors involved agree that the assets or revenues of, or to be generated from or derived by, the relevant Project shall be the principal source for financing the payment of any sum relating to, and the repayment of, such Relevant Debt, but that until such repayment the creditors are entitled (according to the terms of the particular contractual arrangements) to the benefit, in whole or in part, of such Security and/or such guarantees or indemnities as may be provided by the Issuer, the Guarantor or any Material Subsidiary, as the case may be, in connection with the financing, the completion or performance of the relevant Project or the payment of equity, debt or other participations or obligations with respect to the relevant Project, including without limitation any public-private partnerships or private finance initiatives.