Sizing Model definition

Sizing Model means, with respect to any Loan Tranche, a model, setting forth, as of the date of the Borrowing Notice for such Loan Tranche delivered pursuant to Section 2.1(a)(iii), the PV Draw Amount and debt service schedule with respect to the Projects related to such Loan Tranche, based on calculations and assumptions in form and substance satisfactory to the Administrative Agent and the Lenders as of the Closing Date.
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Sizing Model means, with respect to any Loan Tranche, a model, setting forth, as of the date of the Borrowing Notice for such Loan Tranche delivered pursuant to Section 2.1(a)(iii), the PV Draw Amount and debt service schedule with respect to the Projects related to such Loan Tranche, based on calculations and assumptions in form and substance satisfactory to the Administrative Agent and the Lenders as of the Closing Date. [***] Confidential treatment has been requested for the bracketed portions. The confidential redacted portion has been omitted and filed separately with the Securities and Exchange Commission.
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Sizing Model means, with respect to any Loan Tranche, a model, setting forth, as of the date of the Borrowing Notice for such Loan Tranche delivered pursuant to S ection 2.1(a)(iii), the PV Draw Amount and debt service schedule with respect to the Projects related to such Loan Tranche, based on calculations and assumptions in form and substance satisfactory to the Administrative Agent and the Lenders as of the Closing Date.
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Examples of Sizing Model in a sentence

  • Unless the Administrative Agent has received a written notice from a Lender no later than 12:00 p.m., New York time, at least four (4) Business Days before the requested Borrowing date contesting the Borrower’s calculations in the Sizing Model submitted by the Borrower for the requested Borrowing, the Administrative Agent shall confirm the PV Draw Amount and provide notice thereof to the Borrower and each Lender.

  • The Borrowing Notice together with the applicable Sizing Model shall be delivered to the Administrative Agent in accordance with Section 2.1. The Administrative Agent shall promptly notify each Lender of the date of each requested Borrowing and such Lender’s Proportionate Share of the requested Borrowing.

  • In connection with any Borrowing Notice, the Borrower shall also deliver to the Administrative Agent (no later than the time specified in clause (iii) above with respect to such Borrowing Notice) the applicable Sizing Model with respect to the requested Loan Tranche, which the Administrative Agent shall distribute with the applicable Borrowing Notice to each Lender.

  • If the Administrative Agent receives a written notice from a Lender contesting the Borrower’s calculations in such Sizing Model, it shall inform Borrower, and Borrower may (A) submit an amended Borrowing Notice and Sizing Model to the Administrative Agent or (B) by written notice to the Administrative Agent, rescind the Borrowing Notice.

  • Sizing Model to the Administrative Agent or (B) by written notice to the Administrative Agent, rescind the Borrowing Notice.

  • If the Administrative Agent receives a written notice from a Lender contesting the Borrower’s calculations in such Sizing Model, it shall inform Borrower, and Borrower may (A) submit an amended Borrowing Notice and Trapper Loan Agreement [***] Confidential treatment has been requested for the bracketed portions.

Related to Sizing Model

  • Reliability pricing model or "RPM" means PJM's capacity-

  • Reliability Pricing Model Auction or “RPM Auction” shall mean the Base Residual Auction or any Incremental Auction, or, for the 2016/2017 and 2017/2018 Delivery Years, any Capacity Performance Transition Incremental Auction.

  • Global Operating Model means the global network that conducts State Street’s business in multiple locations across North America, Europe and Asia with significant operational hubs in China, India and Poland, using automated processes and established globally consistent procedures, controls and training.

  • Bloomberg Screen SOFRRATE Page means the Bloomberg screen designated “SOFRRATE” or any successor page or service;

  • Base Case Model means the financial model and statements including profit and loss, balance sheet and financial projections reflecting the forecasted consolidated financial conditions of the Group for the term of this Agreement (for these purposes assuming both before and after the incurrence of the indebtedness under the Finance Documents), each in form and substance satisfactory to the Finance Parties addressed to, and/or capable of being relied upon by the Finance Parties.