Conditions Precedent to Final Disbursement. In addition to the requirements set forth in Section 6.01, the obligation of PIDA to make the final disbursement of the proceeds of the Loan to the IDC and the Industrial Occupant is subject to the satisfaction of the following conditions precedent at the time of such final disbursement:
(a) Unless waived by PIDA in writing, receipt by PIDA of an as-built survey prepared by a licensed surveyor or civil engineer dated not more than thirty (30) days prior to the final disbursement showing the location of all improvements, the boundary lines of the Project, the rights-of-way of the nearest streets, the location of all utility and other easements and rights-of-way affecting the Project, and such other details as PIDA may require or, in lieu of the foregoing, PIDA in its sole and absolute discretion may accept certifications from the appropriate officials as to the information which would be contained in the foregoing surveys.
(b) Receipt by PIDA of certified copies of all appropriate certificates, including, without limitation, certificates of occupancy, approvals, documents, writings and drawings issued by the governmental departments or agencies authorized to issue such writings or drawings, evidencing that the Improvements are in compliance with all applicable statutes, laws, ordinances, rules, regulations and requirements, including, without limitation, all zoning requirements.
(c) A certificate of occupancy in form and substance satisfactory to PIDA.
(d) Such other documents and assurances as PIDA may reasonably require, in form and substance satisfactory to PIDA. The IDC and Industrial Occupant agree that by making a request for a disbursement hereunder, they shall each be deemed to be reconfirming to PIDA that all of their respective representations and warranties set forth in this Agreement and all related instruments, agreements and documents remain true and correct as of the date of each request.
Conditions Precedent to Final Disbursement. Lender shall make the final disbursement for completion provided that all of the following conditions have been complied with 15 and satisfied on or before Scheduled Completion Date:
(a) The Improvements have been completed in accordance with the Plans and Specifications;
(b) Borrower has furnished Lender with copies of all final waivers of lien and sworn statements from contractors, subcontractors and material suppliers;
(c) Borrower has furnished Lender with satisfactory evidence of the dedication of the Improvements to, and the acceptance of the Improvements by, Central Nevada Utilities Company;
(d) Borrower has furnished to Lender certificates from Borrower and the General Contractors, each currently dated, certifying that (i) no notices of any claimed violations of ordinances arising from the Construction of the Improvements which have not been cured were served upon the party making such certification and (ii) the party making such certification is not aware of any circumstances which could give rise to the issuance of any such notice of claimed violation;
(e) Borrower has furnished to Lender a certificate from the Engineer covering the completion date of the Improvements and stating that (i) the Improvements have been completed in accordance with the Plans and Specifications and (ii) the Improvements as so completed comply with all applicable laws and ordinances; and
(f) All other requirements of this Agreement for disbursement of Loan proceeds have been complied with and satisfied.
Conditions Precedent to Final Disbursement. Lender's obligation to make the final disbursement of Loan funds for construction purposes shall be subject to the satisfaction of the following conditions precedent, each of which Borrower shall furnish as promptly as is reasonably possible:
Conditions Precedent to Final Disbursement. Lender shall make the final loan disbursement under this Loan Agreement when the following conditions precedent and the conditions precedent stated in Section 10.1 have been met:
7.2.1. Borrower has filed all tax returns required to be filed and paid all taxes due, which, if unfiled or unpaid, might adversely affect Lender’s security under the Security Documents.
Conditions Precedent to Final Disbursement. Subject to any additional conditions set forth in the Lender Documents, the following conditions shall be satisfied prior to the final disbursement of the Lender Loan and the Retainage: All conditions of Section 5 shall continue to be met as of the date of the release of the final disbursement and the Retainage; Lender shall have received a certificate of Borrower and Contractors to the effect, inter alia, that the Improvements have been completed substantially in accordance with the Plans approved by the Lender and all applicable building, fire, safety and similar codes and the matters in such certificate shall have been verified by the Construction Monitor; Lender shall have received evidence that all Impositions which are due and payable for the current tax year have been paid in full; Lender shall have received final lien releases and waivers from the Contractors and all subcontractors for the work performed under the Construction Contract; Lender shall have received two (2) sets of detailed as-built plans and specifications for the Improvements. The plans shall be approved as such in writing by the Borrower and the Contractors. The Plans must include plans and specifications for architectural, structural, mechanical, plumbing, electrical and site development work (including storm drainage, utility lines and landscaping); and Lender shall have received a copy of a satisfactory inspection report from the Construction Monitor and the Construction Monitor’s written approval of the final draw request;
Conditions Precedent to Final Disbursement. All Loan disbursements shall he subject to the following condition: The final Loan disbursement shall be withheld by Lender, and shall be disbursed only upon compliance with the following requirements (in addition to the requirements for all other disbursements as set forth above):
Conditions Precedent to Final Disbursement. Tenant, Manager or Developer shall perform, and Landlord's obligation to make the final Lease Advance, shall be conditioned upon the performance of the following conditions precedent:
Conditions Precedent to Final Disbursement. In addition to the conditions precedent stated elsewhere in this Schedule 1, Lender shall not be obligated to make the final Disbursement for the Restoration until Lender receives (or has previously received) each of the following with respect to the Hotel:
(a) Evidence that all of the Substantial Completion requirements have been satisfied;
(b) All bills for labor and material with respect to the Restoration have been paid in full or adequate reserves satisfactory to Lender have been established for payment of such bills;
(c) Certificate by both the Architect (if applicable) and Lender's Engineer stating that the Restoration has been fully completed;
(d) All necessary completion documents as required herein or as otherwise requested by Lender;
Conditions Precedent to Final Disbursement. The final disbursement of Facility Funds shall not be made until the Purchaser has provided the following to IBank:
(1) Recorded notice of completion for the Facility or other evidence of completion satisfactory to IBank;
(2) Lien waivers for the Facility, or evidence of the passage of the applicable statutory time periods for filing mechanics and other similar liens; and
(3) Certification by the Purchaser that the Facility has been completed according to its approved final plans and specifications, that the completed Facility is consistent with the definition of Facility in this Agreement and is acceptable to IBank. Office of the City Attorney City of Redlands Exhibit D Xxxxxx X. XxXxxx City Attorney xxxxxxx@xxxxxxxxxxxxxx.xxx California Infrastructure and Economic Development Bank 0000 X Xx. Xxxxx 0000 Xxxxxxxxxx, XX 00000 RE: Installment Sale Agreement, By and Among the City of Redlands and the California Infrastructure and Economic Development Bank (“IBank”), dated as of July 19, 2016.
Conditions Precedent to Final Disbursement. The City’s obligation to make the final disbursement of the NTP Grant shall be subject to the following conditions:
(1) The City shall have determined that the undisbursed amount of the NTP Grant and the other financing committed to the Program is less than the amount required to pay all capital costs and the first year of operating costs and expenses which reasonably may be anticipated in connection with completion of the Project.
(2) If required by the City or by the FHWA (or any subgrantor such as MNDOT), City shall be furnished with a statement of NRMN in form and substance required by the City, the names, addresses and amounts due or to become due as well as the amounts previously paid to every contractor, subcontractor, person, firm or corporation furnishing materials or performing labor entering into the construction or installation of any part of the Program Facilities with contractor, subcontractor and supplier invoices attached to said statement.
(3) NRMN shall provide to the City evidence with all of the provisions of this Agreement as the City may reasonably request.
(4) No permit or license necessary for the construction and installation of the Program Facilities has been revoked.
(5) The Program Facilities including all landscaping and site restoration requirements have been completed in accordance with the Program Construction Plans.
(6) The City has received or shall simultaneously receive a lien waiver from each contractor, subcontractor or materials supplier for all work finished
