Project Proceeds has the meaning given to it in the Investor Rights Agreement;
Project Proceeds means any net proceeds received by the Authority arising in connection with the Real Property which are derived from any conveyance, lease, assignment, mortgage or encumbrance of all or any portion of the Project, which shall be applied pursuant to Section 4 hereinbelow;
Examples of Project Proceeds in a sentence
The Borrower and CDC certify that the Use of Project Proceeds and Sources of Funds for the project described above are accurate.
Annually, with each 4th quarterly report (June 30), LGEDF grantees having recaptured funds must complete the Project Proceeds Report Form and return the report and total receipts which remain in their project proceeds account.
Calculation of Available Project Proceeds, including estimated earnings on Available Project Proceeds.
Expenditure of 100% of Available Project Proceeds, including estimated earnings, on capital expenditures.
Net operating income generated from rent revenues or other income, with the exception of any project proceeds resulting from the long-term lease or sale of the property, is not considered Project Proceeds.
More Definitions of Project Proceeds
Project Proceeds means proceeds resulting from the sale of the property.
Project Proceeds means any income, payments, earnings or receivables of any kind (including any payments with respect to tax, tax refunds or tax credits and insurance proceeds in respect of physical losses (excluding any insurance proceeds relating to third party losses or losses incurred in respect of environmental incidents and where such insurance proceeds are paid directly to third parties)) directly or indirectly deriving from or related to the Projects (including proceeds from sale of any ownership interest in any Hydrocarbon Asset(s)).
Project Proceeds means all monies due and to become due to or available with the Issuer at any time, from any source, including in relation to the Project, including without limitation, subscriptions to Shares, subscriptions to Preference Shares, subscription to debentures of the Issuer (including the CCDs and NCDs), infusion of share application money in the Issuer, unsecured debt or any other debt availed by the Issuer from any Person, monies due or payable to the Issuer in respect of the CDM Benefits, REC Benefits or revenue by sale of electricity to any Procurer, monies due or to become due to the Issuer under the Project Documents (including the PPA) and under all performance bonds, letters of credit, Insurance Contracts and instruments of a similar nature issued in its favour and any other monies whatsoever in respect of the Project or otherwise.
Project Proceeds means the monies and proceeds derived by the Borrower or its affiliates from the Premises or the Improvements prior to the repayment of the Loan, including any reimbursements for tenant work done by the Borrower, tax refunds, refunds or rebates from contractors or suppliers, performance bond and insurance proceeds, condemnation awards and capital contributions or loans by such affiliates or other Persons or entities but excluding tenant security deposits, rentals and any ordinary and necessary costs or expenses of raising or collecting such monies and proceeds.
Project Proceeds means all cash proceeds received by the Issuer in connection with the Project from any source, including without limitation, all proceeds from disbursements under the Debenture Documents, refund of Taxes, all other sources of funding from the Sponsor relating to the Project, monies due or to become due to the Issuer under the Debenture Documents, and under all performance bonds, letters of credit, guarantees and instruments of a similar nature issued in its favour in respect of the Issuer, including but not limited to proceeds of third party liability insurance (including but not limited to insurance regarding charges for wheeling of power) and business interruption insurance but excluding (i) any disbursement(s) of Shortfall Amount Paid into the Debt Service Sub-Account pursuant to a Shortfall Instruction and (ii) funds made available by the Sponsor as a Deficiency Loan in accordance with the provisions of the Sponsor Support Agreement;
Project Proceeds means all monies due and to become due to or available with the Issuer at any time, from any source, including in relation to the Project, including without limitation, subscriptions to Shares, subscriptions to Preference Shares, subscription to debentures of the Issuer (including the OFCDs and NCDs), infusion of share application money in the Issuer, unsecured debt or any other debt availed by the Issuer from any Person, the VGF Proceeds, monies due or payable to the Issuer in respect of the CDM Benefits, REC Benefits or revenue by sale of electricity to any Procurer, monies due or to become due to the Issuer under the Project Documents (including the PPAs) and under all performance bonds, letters of credit, Insurance Contracts and instruments of a similar nature issued in its favour and any other monies whatsoever in respect of the Project or otherwise.
Project Proceeds shall have the meaning specified in the Trust and Retention Account Agreement.