Project Finance Loan definition

Project Finance Loan means a loan obligation under which the obligor is obliged to make payments that depend (except for rights or other assets designed to assure the servicing or timely distribution of payments) on revenues arising from infrastructure assets, including, without limitation:

Project Finance Loan. Any loan issued by an obligor for the purpose of financing infrastructure, industrial or public services projects, or any other loan commonly referred to as a "project finance" loan.

Project Finance Loan means an obligation the payment or repayment of which depends directly or indirectly on the cashflow from, and the continuing proper and successful operation or exploitation of, a project asset (such as, without limitation, a power station, oil/gas field, petrochemicals plant, pipeline, road or bridge and including, without limitation, a government concession for the construction and/or operation of such an asset and a non-diversified collection of such assets) where the obligation is owed by a special purpose entity that has no substantial assets (other than the project asset and assets and rights relating to, or deriving from, it) and the holders of the obligation have no material recourse to any other person for the payment or repayment of that obligation;

Examples of Project Finance Loan in a sentence

• The amounts advanced under the Shareholder Loan Agreements are subordinated to those advanced under the Project Finance Loan Agreements and form part of our investment in MSC.The amounts advanced under the Shareholder Loan Agreement bear a fixed interest rate of 7.00%.As at December 31, 2010, and December 31, 2009, the Shareholder Loan Agreement receivable was $24.2 million and the corresponding interest receivable was $5.0 million and $11.9 million respectively.

• The amounts advanced under the Shareholder Loan Agreements are subordinated to those advanced under the Project Finance Loan Agreements and form part of our investment in MSC.

• The amounts advanced under the Shareholder Loan Agreements are subordinated to those advanced under the Project Finance Loan Agreements and form part of our investment in MSC.The amounts advanced under the Shareholder Loan Agreement bear a fixed interest rate of 7.00%.As at June 30, 2011, December 31, 2010, and January 1, 2010, the Shareholder Loan Agreement receivable was $24.2 million and the corresponding interest receivable was $4.5 million, $5.0 million, and $11.9 million respectively.

• INVESTMENT IN MINERA SANTA CRUZ (MSC) — San José Mine - continuedPursuant to the Project Finance Loan Agreement, which reflects earlier documentation, the Hochschild Lender and the Company agreed to provide MSC with a permanent secured project loan (the “Project Loan”) in the aggregate amount of $65 million.

• INVESTMENT IN MINERA SANTA CRUZ (MSC) — San José Mine — continuedThe amounts owed under the Project Finance Loan Agreement by the Company to the Hochschild Lender are currently unsecured except that, as security for the loan made by the Hochschild Lender to the Company, the Company has pledged to the Hochschild Lender, its right to the repayment of the corresponding loans made by the Company to MSC.The amounts advanced under the Project Finance Loan Agreement bear a fixed interest rate of 7.00%.

• Holder shall have the right to have the shares of the Company's Class A Common Stock issuable to Holder on conversion of this Note and the shares issued in payment of interest registered under and in accordance with the provisions of the Securities Act of 1933, as amended, as provided for in Section 6 of the Project Finance Loan Agreement.

• For the purposes hereof, the address of the Holder and the address of the Company shall be as reflected in the Project Finance Loan Agreement.

• The amounts advanced under the Shareholder Loan Agreements are subordinated to those advanced under the Project Finance Loan Agreements and form part of our investment in MSC.The amounts advanced under the Shareholder Loan Agreement bear a fixed interest rate of 7.00%.As at September 30, 2010, and December 31, 2009, the Shareholder Loan Agreement receivable was $24.2 million and the corresponding interest receivable was $9.4 million and $11.9 million respectively.

• The proceeds of the Loans hereunder shall be used solely to refinance the Project Finance Loan.

• The amounts advanced under the Shareholder Loan Agreements were subordinated to those advanced under the Project Finance Loan Agreements and form part of our investment in MSC.

More Definitions of Project Finance Loan

Project Finance Loan means either a Senior Loan or a Mezzanine Loan, as determined by the Investment Manager, under which the Obligor is obliged to make payments that depend (except for rights or other assets designed to assure the servicing or timely distribution of payments) on revenues arising from infrastructure assets, including, without limitation:

Project Finance Loan means any loan issued by a special purpose vehicle, under which the obligor is obliged to make payments that depend (except for rights or other assets designed to assure the servicing or timely distribution of payments) on revenues arising from infrastructure assets (including but not limited to roads, airports and utilities), which:

Project Finance Loan means a non-recourse or limited recourse loan obligation provided to an Obligor (which may be one or more entities (including special purpose entities)) in connection with the financing, design or construction of assets in return for payments solely resulting from cash flows generated by these assets (including amounts paid as remuneration for the usage of such assets, but excluding rights or other assets designed to assure the servicing or timely distribution of such payments) such as: fees charged for the delivery of assets and/or provision of services to a central or local government, a governmental agency or the general public in connection with sectors such as prisons, hospitals, schools, government buildings, civil service accommodation, roads, public transport or other similar infrastructure sectors.

Project Finance Loan means that certain $47,500,000.00 loan made by the -------------------- Lenders to FiberNet pursuant to the Prior Agreement.