Conditions Precedent to Final Loan Disbursement. The City shall not be obligated to make a final Loan disbursement until all conditions in Article III and in Section 4.1 and all of the following conditions have been satisfied by no later than the Completion Date. (a) The Improvements have been fully completed in a good and workmanlike manner and in substantial accordance with the Plans, and certificates as to completion in such manner have been issued by the General Contractor, the City's Inspector and the City's architect, if any, and certificates of occupancy and use have been issued with respect to all the Improvements by all appropriate governmental authorities.
Appears in 8 contracts
Samples: Construction Loan Agreement, Home Construction/Permanent Loan Agreement, Forgivable Construction/Permanent Loan Agreement