California Debt and Investment Advisory Commission Sample Clauses

California Debt and Investment Advisory Commission. No later than January 31 of each calendar year (commencing January 31, 2018), the Borrower, on behalf of the Governmental Lender, agrees to provide to the California Debt and Investment Advisory Commission, by any method approved by the California Debt and Investment Advisory Commission, with a copy to the Governmental Lender, the annual report information required by Section 8855(k)(1) of the California Government Code. This covenant shall remain in effect until the later of the date (i) the Funding Loan, as evidenced by the Governmental Note is no longer outstanding or (ii) the proceeds of the Governmental Note have been fully spent.
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