Completion of Equity Sample Clauses

Completion of Equity. (a) From time to time during the Development Period, Investor and MRP, each acting reasonably and in good faith, shall, upon the request of either Investor or MRP, mutually determine the amount of the total Capital Contributions that will be required in connection with the Project that are in excess of the Initial Capital Contributions otherwise required to be advanced by Investor and MRP pursuant to Section 7.1(a)-(c) ("Projected Additional Capital Contributions"). (b) At any time prior to the satisfaction of all of the Vertical Construction Contingencies, Investor and MRP shall each have the right to elect to provide all or a portion of the Projected Additional Capital Contributions pursuant to Section 7.1(d), utilizing the process described in this Section 4.8 in each instance in which new or additional Projected Additional Capital Contributions would be required in order to pay all costs provided for under the then approved Preliminary Development Budget. Upon making a d etermination that Projected Additional Capital Contributions are required, and determining the total amount anticipated to be required, either MRP or Investor will have the right to send a notice (a "Projected Capital Funding Notice") to all of the Members identifying the need for Projected Additional Capital Contributions, specifying the aggregate amount thereof and the basis or reasons why such Projected Additional Capital Contributions are anticipated to be required, and requesting that the Members each indicate whether it will agree to provide some or all of the Projected Additional Capital Contributions requested in such Projected Capital Funding Notice (and if it will, specifying the exact amount that such Member will agree to contribute). Within seven (7) Business Days after its receipt of such Projected Capital Funding Notice, Investor and MRP shall each deliver a written notice to each other and to the Development Manager indicating whether it will elect to make any Projected Additional Capital Contributions, and if so, stating the amount of Projected Additional Capital Contributions that such Member is agreeing to provide. The failure of either Investor or MRP to deliver such notice shall be deemed its election not to make any such Projected Additional Capital Contribution. If either Investor or MRP (as applicable, an "Electing Member"), or both, elect to provide all or a portion of the Projected Additional Capital Contributions, then the amount each such Electing Member shal...
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Related to Completion of Equity

  • Completion of Services (a) The Customer must: (i) notify Deswik in writing as soon as the Customer becomes aware of any defects in the Services; or (ii) provide Deswik with an email confirming successful completion of any Services Deswik advises the Customer have been completed. (b) If the Customer does not notify Deswik of any defects under clause 5.4(a)(i) or provide Deswik with an email confirming successful completion of the Services within 14 days of Deswik notifying the Customer that the relevant Services are complete, the Customer is deemed to have accepted the Services. (c) If the Customer notifies Deswik of any defects under clause 5.4(a)(i), Deswik will, as soon as possible investigate and (where applicable) undertake rectification of the defects. Upon completion of any defect rectification the Customer must promptly provide an email notification of the successful completion of the services, unless further defects exist. In this case, the Customer is further required to notify Deswik of such defects.

  • Substantial Completion Date Substantial Completion of the Work as defined in Article 6.1.2 of the General Conditions to the Continuing Contract for Construction Management shall be achieved by July 31, 2022.

  • Substantial Completion 9.8.1 When the Contractor considers that the Work, or a designated portion thereof which has been accepted in writing to by the State, is substantially complete as defined in Subparagraph

  • Upon Substantial Completion of the Work or designated portion thereof and upon application by the Contractor and certification by the Architect, the State shall make payment, reflecting adjustment in retainage, if any, for such Work or portion thereof, as provided in the Contract Documents.

  • COMPLETION OF AGREEMENT This document comprises the entire agreement between the District and the Association in the matters lawfully within the scope of negotiation. Neither party shall have any obligation to meet and negotiate during the term of this agreement.

  • Completion Date The Work under this Contract shall be completed by midnight of the date required in the Contract as the Material Completion and Occupancy Date unless extended by approved requests for extension of time.

  • Completion of the Project The Participating County acknowledges it is obligated to undertake and complete the design and construction of the Project in compliance with all of the applicable terms and conditions of the Project Documents and the Participating County agrees to use its best efforts to cause the completion of design and construction of the Project in compliance with the applicable terms and conditions of such documents. The Participating County agrees to complete the Project in accordance with this Agreement and consistent with the scope, cost and schedule established by the Board and attached hereto in Exhibit A, as such scope, cost and schedule may be modified with the approval of Finance and the recognition of the Board.

  • Completion of Repairs Borrower will commence any Repairs as soon as practicable after the date of this Loan Agreement and will diligently proceed with and complete such Repairs on or before the Completion Date. All Repairs and Capital Replacements will be completed in a good and workmanlike manner, with suitable materials, and in accordance with good building practices and all applicable laws, ordinances, rules, regulations, building setback lines and restrictions applicable to the Mortgaged Property. Borrower agrees to cause the replacement of any material or work that is defective, unworkmanlike or that does not comply with the requirements of this Loan Agreement, as determined by Lender.

  • Final Completion The full and final completion of all Work in accordance with the Contract Documents.

  • Condition of Equipment Each Grantor will maintain or cause to be maintained and preserved in good condition, repair and working order, ordinary wear and tear excepted, the Equipment (necessary or useful to its business) and will forthwith, or in the case of any loss or damage to any Equipment of any Grantor within a commercially reasonable time after the occurrence thereof, make or cause to be made all repairs, replacements and other improvements in connection therewith which are necessary or desirable, consistent with past practice, or which the Collateral Agent may request to such end. Any Grantor will promptly furnish to the Collateral Agent a statement describing in reasonable detail any such loss or damage in excess of $25,000 per occurrence to any Equipment.

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