Compliance with Financial Requirements Analysis; Borrower’s Funds. Borrower shall be in compliance with its obligations under Section 4.6 and 4.7 of this Loan Agreement. To the extent that Borrower is obligated to deposit Xxxxxxxx’s Funds into the Borrower’s Funds Account pursuant to those Sections, such Borrower’s Funds shall have been fully disbursed as a condition to any obligation of Bondowner Representative to make further disbursement of proceeds of the Loan.
Appears in 1 contract
Samples: Loan Agreement
Compliance with Financial Requirements Analysis; Borrower’s Funds. Borrower shall be in compliance with its obligations under Section 4.6 5.6 and 4.7 5.7 of this Loan Agreement. To the extent that Borrower is obligated to deposit XxxxxxxxBorrower’s Funds into the Borrower’s Funds Account pursuant to those Sections, such Borrower’s Funds shall have been fully disbursed as a condition to any obligation of Bondowner Representative to make further disbursement of proceeds of the LoanBonds under the Loan Documents.
Appears in 1 contract
Samples: Loan Agreement
Compliance with Financial Requirements Analysis; Borrower’s Funds. Borrower shall be in compliance with its obligations under Section 4.6 5.6 and 4.7 5.7 of this Loan Agreement. To the extent that Borrower is obligated to deposit XxxxxxxxBorrower’s Funds into the Borrower’s Funds Account pursuant to those Sections, such Borrower’s Funds shall have been fully disbursed as a condition to any obligation of Bondowner Representative to make further disbursement of proceeds of the LoanLoan except as otherwise expressly provided in Section 4.4(b) hereof.
Appears in 1 contract
Samples: Loan Agreement
Compliance with Financial Requirements Analysis; Borrower’s Funds. Borrower shall be in compliance with its obligations under Section 4.6 and 4.7 of this Loan Agreement. To the extent that Borrower is obligated to deposit XxxxxxxxBorrower’s Funds into the Borrower’s Funds Account pursuant to those Sections, such Borrower’s Funds shall have been fully disbursed as a condition to any obligation of Bondowner Representative to make further disbursement of proceeds of the Loan.
Appears in 1 contract
Samples: Loan Agreement