Project Notes definition
Examples of Project Notes in a sentence
The Project Loan will be evidenced by one or more Project Note(s) from Borrower to Governmental Lender dated effective as of _______________ (as amended, modified or supplemented from time to time, and collectively if applicable, the “Project Note”).
The Tower Project Notes shall bear interest at the rate of eight and one-quarter percent (8.25%) per annum.
The Tower Project Notes shall be due and payable upon the earlier of (a) the Closing, or (b) the termination of this Agreement pursuant to Article XI; provided that, upon the assignment of the Partnership Interests to Purchaser at the Closing, the Tower Project Notes (including principal and accrued interest) shall be cancelled and marked satisfied and the principal and accrued interest shall be considered part of the costs of the Tower Project assumed by Purchaser.
Date of First Operation April 15, 2025 Earliest Vintage Month April 2025 Latest Vintage Month April 2045 Annual Quantity 22,500 RECs Maximum Contract Quantity 450,000 RECs Class of Resource Utility-Scale Wind Project Notes: The Maximum Contract Quantity means a quantity of RECs specified in the Product Order.
The Project Loan is evidenced by one or more Amended and Restated Project Note(s) from Borrower to Fiscal Agent, as assignee of Governmental Lender, dated effective as of the effective date of this Guaranty (as amended, modified or supplemented from time to time, and collectively if applicable, the “Project Note”).