Common use of Project Budgets Clause in Contracts

Project Budgets. Borrower shall have furnished to the Lead Arrangers budgets in substantially the form of Appendices G-4A through G-4M for all anticipated costs to be incurred in connection with the construction and start-up of each of the Initial Projects, including in such budgets all construction and non-construction costs, and including all interest, taxes and other carrying costs, non-allocated costs of Borrower or the relevant Project Owner, and such other information as the Lead Arrangers may require, together with a balanced statement of sources (including an allocation between Loan proceeds and Contributions) and uses of proceeds (and any other funds necessary to complete each of the Initial Projects), broken down as to separate construction phases and components, which budgets shall be satisfactory to the Lead Arrangers.

Project Budgets. Borrower shall have furnished to the Lead Arrangers budgets in substantially the form of Appendices G-4A through G-4M G-4E for all anticipated costs to be incurred in connection with the construction and start-up of each of the Initial Projects, including in such budgets all construction and non-construction costs, and including all interest, taxes and other carrying costs, non-allocated costs of Borrower or the relevant Project OwnerBorrower, and such other information as the Lead Arrangers may require, together with a balanced statement of sources (including an allocation between Loan proceeds and Contributions) and uses of proceeds (and any other funds necessary to complete each of the Initial Projects), broken down as to separate construction phases and components, which project budgets shall be satisfactory to the Lead Arrangers.