Financially Viable Law and Legal Definition
According to 10 CFR 611.2 [Title 10 Energy; Chapter II Department of Energy; Subchapter H Assistance Regulations; Part 611 Advanced Technology Vehicles; Manufacturer Assistance Program; Subpart A General], financially viable means “a reasonable prospect that the Applicant will be able to make payments of principal and interest on the loan as and when such payments become due under the terms of the loan documents, and that the applicant has a net present value that is positive, taking all costs, existing and future, into account.”
