Project Longstop Date definition
Examples of Project Longstop Date in a sentence
It is the Borrower's good faith estimate and belief that the Completion Date will occur on or prior to the Project Longstop Date.
The Borrower's requested voluntary prepayment of the Credit Facility shall only be given effect if, and to the extent, the Lenders and the Independent Technical Consultant are satisfied, acting reasonably, that the Borrower has sufficient Project Sources at such time to achieve Completion by the Project Longstop Date inclusive of sufficient provisions for cost overruns as determined by the Lenders and the Independent Technical Consultant acting reasonably.