COMPLETION MONEYS. In addition to the proceeds of this Loan, the Local Government covenants that it has obtained, or will obtain, sufficient moneys from other sources to complete construction and place the Project in operation on, or prior to, the date specified in Article X. Failure of the Department to approve additional financing shall not constitute a waiver of the Local Government's covenants to complete and place the Project in operation.
Appears in 7 contracts
Samples: Construction Loan Agreement, Grant Agreement, Construction Loan Agreement
COMPLETION MONEYS. In addition to the proceeds of this Loan, the Local Government Borrower covenants that it has obtained, or will obtain, sufficient moneys from other sources to complete construction and place the Project in operation on, or prior to, the date specified in Article X. Failure of the Corporation or the Department to approve additional financing shall not constitute a waiver of the Local Government's Borrower’s covenants to complete and place the Project in operation.
Appears in 2 contracts
Samples: Fund Construction Loan Agreement, orlando.novusagenda.com
