Common use of Completion of Project and Provision of Moneys Therefor Clause in Contracts

Completion of Project and Provision of Moneys Therefor. The Governmental Agency covenants and agrees to exercise its best efforts in accordance with prudent wastewater utility practice to complete the Project and to provide from the Pledged Property or other sources available to it all moneys, in excess of the total amount of loan proceeds it receives under the Loan, required to complete the Project.

Appears in 4 contracts

Samples: Loan Agreement, Loan Agreement, Loan Agreement

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Completion of Project and Provision of Moneys Therefor. The Governmental Agency covenants and agrees (i) to exercise its best efforts in accordance with prudent wastewater storm drainage utility practice to complete the Project and to so accomplish such completion on or before the estimated Project Completion Date set forth in Exhibit B hereto and made a part hereof; and (ii) to the extent legally available, to provide from the Pledged Property or other sources available to it Revenue all moneys, in excess of the total amount of loan Loan proceeds it receives under the Loan, required to complete the Project.

Appears in 1 contract

Samples: Loan Agreement

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Completion of Project and Provision of Moneys Therefor. The Governmental Agency covenants and agrees (i) to exercise its best efforts in accordance with prudent wastewater stormwater utility practice to complete the Project and to so accomplish such completion on or before the estimated Project Completion Date set forth in Exhibit B hereto and made a part hereof; and (ii) to the extent legally available, to provide from the Pledged Property or other sources available to it Gross Revenues all moneys, in excess of the total amount of loan Loan proceeds it receives under the Loan, required to complete the Project.

Appears in 1 contract

Samples: Loan Agreement

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