Acceptable Work; No Liens; Project Costs. (i) All work on the Project has been completed other than work that has been taken into consideration in establishing the Remaining Costs. All work previously done on the Project funded with the proceeds of the Loans has been done in all material respects in accordance with the applicable Material Project Documents. There has not been filed with or served upon any Loan Party or the Project (or any part thereof) notice of any Lien or claim of Lien affecting the right to receive payment of any of the moneys payable to any of the Persons named on such request which has not been released or will not be released on the Term Conversion Date by payment or bonding on terms reasonably satisfactory to Administrative Agent, other than Permitted Liens.
Acceptable Work; No Liens; Project Costs. (a) All work previously done on the Project funded with the proceeds of the Construction Loans has been done in all material respects in accordance with the applicable Major Project Documents. There has not been filed with or served upon any Co-Borrower or the Project (or any part thereof) notice of any Lien or claim of Lien affecting the right to receive payment of any of the moneys payable to any of the Persons named on such request which has not been released or will not be released on the Term Conversion Date by payment or bonding on terms reasonably satisfactory to the Required Lenders, other than Permitted Liens.
Acceptable Work; No Liens; Project Costs. (i) All work on the Initial Projects has been completed other than work that has been taken into consideration in establishing the Remaining Costs. All work on the Initial Projects has been completed consistent with the Base Case Projections, as amended or modified from time to time in accordance with this Agreement. All work previously done on each Initial Project has been performed, in all material respects, in accordance with the applicable Material Project Documents.
Acceptable Work; No Liens; Project Costs. (i) All work on the Funded Projects that have achieved Substantial Completion has been completed other than work that has been taken into consideration in establishing the Remaining Costs. All work on the Projects has been completed or is otherwise in progress consistent with the Base Case Projections, as amended or modified from time to time in accordance with this Agreement. All work previously done on each Project has been performed, in all material respects, in accordance with the applicable Material Project Documents.
