Common use of Budget and Allocation Clause in Contracts

Budget and Allocation. To the fullest extent permitted and/or required by State law, the Borrower shall cause the appropriate Borrower official(s) to take any and all ministerial actions that may be necessary to facilitate the payment of the principal of and interest on the Note and the payment of all other Loan Obligations and to include the principal of and interest on the Note and the payment of all other Loan Obligations in the annual budget of the Borrower and in any allocation measures adopted by its

Appears in 7 contracts

Samples: Intra Agency Agreement, Loan Agreement, Loan Agreement

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