Common use of Financing Plan Clause in Contracts

Financing Plan. Subcontractor shall submit a financing plan for the CREF(s) or Project(s) being installed under this Subcontract, along with letters of commitment from financiers (third-party investors or lenders), where applicable, specifying at a minimum: i. The amount of capital being invested or loaned and the anticipated costs of the CREF(s) authorized in Attachment C; ii. The exact number of installations or commensurate capacity that will be financed; iii. The date the terms of investment available to Subcontractor expire; and iv. Such additional information as the DCSEU may reasonably request. If Subcontractor is self-financing its Portfolio or a portion of its Portfolio, Subcontractor shall submit a letter explaining how Subcontractor will finance its Portfolio or the portion of its Portfolio and provide evidence to support Subcontractor’s ability to self-finance signed by a Chief Executive Officer or an individual with equivalent authority.

Appears in 2 contracts

Sources: Subcontract Agreement, Subcontract Agreement

Financing Plan. Subcontractor shall submit a financing plan for the CREF(s) or Project(s) being installed under this Subcontract, along with letters of commitment from financiers (third-party investors or lenders), where applicable, specifying at a minimum: i. The amount of capital being invested or loaned and the anticipated costs of the CREF(s) authorized in Attachment C; ii. The exact number of installations or commensurate capacity that will be financed; iii. The date the terms of investment available to Subcontractor expire; and iv. Such additional information as the DCSEU may reasonably request. If Subcontractor is self-financing its Portfolio or a portion of its Portfolio, Subcontractor shall submit a letter explaining how Subcontractor will finance its Portfolio or the portion of its Portfolio and provide evidence to support Subcontractor’s ability to self-finance signed by a Chief Executive Officer or an individual with equivalent authority.. DRAFT COPY

Appears in 1 contract

Sources: Subcontract Agreement

Financing Plan. Subcontractor shall submit a financing plan for the CREF(s) or Project(s) being installed under this Subcontract, along with letters of commitment from financiers (third-party investors or lenders), where applicable, specifying at a minimum: i. The amount of capital being invested or loaned and the anticipated costs of for the CREF(s) authorized in Attachment C; ii. The exact number of installations or commensurate capacity that will be financed; iii. The date the terms of investment available to Subcontractor expire; and iv. Such additional information as the DCSEU may reasonably request. If Subcontractor is self-financing its Portfolio or a portion of its Portfolio, Subcontractor shall submit a letter explaining how Subcontractor will finance its Portfolio or the portion of its Portfolio and provide evidence to support Subcontractor’s ability to self-finance signed by a Chief Executive Officer or an individual with equivalent authority.

Appears in 1 contract

Sources: Subcontract Agreement