Conditions Precedent to Payment by City Sample Clauses

Conditions Precedent to Payment by City. The Construction Sales Tax Reimbursement, the Property Tax Reimbursement, the Transportation Reimbursement and the Development Fee Reimbursement are collectively referred to as the “Reimbursements”, and are individually referred to as a “Category of Reimbursement”. The certification and backup document provided by SVB to the City pursuant to Sections 3.1, 3.2, 3.3 and 3.4 are referred to herein as the “Reimbursement Certification”. Notwithstanding the foregoing, (i) SVB may not submit any Reimbursement Certification later than December 31, 2023; (ii) SVB may not submit any Reimbursement Certification prior to October 8, 2020, and (iii) SVB may not submit more than two (2) Reimbursement Certifications during each reporting period (i.e., each 12 month period commencing October 8, 2020). If SVB submits a Reimbursement Certification substantiating Reimursements, and SVB is not yet eligible to receive some or all of such Reimbursements because SVB has not achieved the applicable Milestone, such Reimbursements (or applicable portion thereof) shall continue to be eligible for payment to SVB if and when SVB achieves the applicable Milestone, as shown on a subsequent Reimbursement Certification. In order to receive any of the requested Reimbursements, SVB must satisfy the following requirements.
Sample 1
AutoNDA by SimpleDocs

Related to Conditions Precedent to Payment by City

  • Conditions Precedent to Disbursement Agency’s obligation to disburse Grant Funds to Grantee under this Grant is subject to satisfaction of each of the following conditions precedent:

  • Conditions Precedent to Seller’s Obligations The obligations of Seller to effect the Closing of the transactions contemplated hereby are subject to the fulfillment, prior to or at the Closing, of each of the following conditions, any of which may be waived in writing by Seller:

  • Conditions Precedent to Effectiveness This Agreement shall become effective on and as of the first date (the “Effective Date”) on which the following conditions precedent have been satisfied:

  • Conditions Precedent to Closing The Local Church and Annual Conference acknowledge and agree that the obligations of the parties to effectuate the Closing on or about the Disaffiliation Date are expressly contingent and conditional on the following:

  • Conditions Precedent The effectiveness of this Amendment is subject to the satisfaction of all of the following conditions precedent:

  • Satisfaction of Conditions Precedent Each party will use commercially reasonable efforts to satisfy or cause to be satisfied all the conditions precedent that are applicable to them, and to cause the transactions contemplated by this Agreement to be consummated, and, without limiting the generality of the foregoing, to obtain all material consents and authorizations of third parties and to make filings with, and give all notices to, third parties that may be necessary or reasonably required on its part in order to effect the transactions contemplated hereby.

  • Mutual Conditions Precedent The respective obligations of the Parties to consummate the transactions contemplated hereby, and in particular the Arrangement, are subject to the satisfaction, on or before the Effective Date or such other time specified, of the following conditions, any of which may be waived by the mutual written consent of such Parties without prejudice to their right to rely on any other of such conditions:

  • Conditions Precedent to Indemnification It shall be a condition precedent to the obligation of the Receiver to indemnify any Person pursuant to this Article XII that such Person shall, with respect to any claim made or threatened against such Person for which such Person is or may be entitled to indemnification hereunder:

  • Waiver of Conditions Precedent The conditions specified in this clause 9 are inserted solely for the benefit of the Bank and may be waived by the Bank in whole or in part and with or without conditions.

  • Further Conditions Precedent The Lenders will only be obliged to comply with Clause 5.4 (Lenders’ participation) if on the date of the Utilisation Request and on the proposed Utilisation Date:

Time is Money Join Law Insider Premium to draft better contracts faster.