Continued Funding. At its sole discretion, United Way may elect to extend this contract, or require new application for funding with a new funding cycle.
Continued Funding. Provided that Guarantor is fully performing or has fully performed its obligations under Section 1 hereof and notwithstanding that Borrower may be in default or there may have occurred any Default or an Event of Default under the Loan Documents, Lender shall continue to make Advances of the Loan in accordance with and subject to the terms of the Credit Agreement for the benefit of Guarantor to fund any Guaranteed Obligations (but only to the extent there are unfunded amounts of the Loan allocated to the specific Guaranteed Obligations in the Approved Construction Budget, subject to the terms thereof), subject to the following conditions precedent:
(a) the representations and warranties of Borrower contained in all of the Loan Documents shall be true and correct in all material respects on and as of the date of any such Advance as though made on and as of that date, except for those representations (i) with respect to the financial condition of Borrower or which are personal to Borrower, or (ii) which are inaccurate because of the existence of any Default or Event of Default which triggered Guarantor’s obligations hereunder or any other default of Borrower (provided Guarantor shall promptly commence and diligently prosecute the cure of any such Event of Default other than Events of Default arising because of the financial condition of Borrower or which are personal to Borrower);
(b) no Event of Default under the Loan Documents (other than an Event of Default resulting from a change in financial condition of Borrower or which is personal to Borrower), shall have occurred and be continuing unless such Event(s) of Default is of a nature that it could not be cured with diligent efforts by the date such Advance is requested and Guarantor shall have promptly commenced, upon demand by Lender hereunder, and diligently prosecuted such cure to the date such Advance is requested; and
(c) Guarantor shall, at its sole expense, deliver or cause to be delivered (i) in connection with the Initial Advance, the items set forth in Section 3.2 of the Credit Agreement and (ii) in connection with all other Advances, Section 3.3 of the Credit Agreement (and with respect to the Final Retainage Advance, Section 3.4 of the Credit Agreement) and, except as provided in Sections 2(a) and (b) hereof, Guarantor shall have satisfied all other applicable conditions to each Advance. No failure of Guarantor to satisfy any such condition precedent to an Advance and no resultant failure of Len...
Continued Funding. The County's maintenance of each Case Worker position shall be subject to: (a) continued annual funding as determined by the Unit; AND
Continued Funding. GSI shall not have any obligation to fund any portion of the Loan unless:
(a) Delivery of such amount is permitted by law, rule or regulation to which GSI or an affiliate thereof is subject;
(b) a Funding Termination Event has not occurred; and
(c) the Voting Agreements are in full force and effect.
Continued Funding. The County makes no implied or explicit guarantee, offer or representation of future funding from the County beyond that authorized in this Agreement.
Continued Funding. Any increase in staffing level or assignments must be mutually agreed upon by the Parties and memorialized in a written amendment to this Agreement in accordance with Paragraph 8.
Continued Funding. 11.5.1 While the Initial Budget shall include the initial funding contributions described in Section 11.4, it is the intention of the Members that:
11.5.1.1 The Agency’s administrative and overhead expenses shall be funded by assessments, charges, and fees imposed directly by the Agency in accordance with applicable law.
11.5.1.2 The costs for development and implementation of the GSP, and any Groundwater management projects pursuant thereto, will be borne by the beneficiaries within the SMA or SMAs. The funding mechanisms to pay for the costs of development and implementation of the GSP, and any Groundwater management projects pursuant thereto, shall be determined by the Board at the time that the scope, cost, and beneficiaries of those projects are identified. Members may have the option to determine the method of payment for their portion of the project costs. Such charges shall be levied by the Agency in an equitable manner, taking into consideration (a) past costs incurred by landowners to develop information on Groundwater, and (b) the intention of the Members that areas within the Management Area that have developed and/or continue to develop Groundwater information should not have to subsidize areas that have not developed or are not developing such information.
11.5.2 The Agency may also seek funding from other alternative sources, including but not limited to state and federal grants or loans. Unless specifically allocated by the Board, all funding contributions obtained from alternative sources shall be allocated to the Agency, and shall not be allocated or obligated to any specific Member or Members. The Board may arrange payment of the expenses of the Agency through an alternative funding source. In accordance with Government Code § 6512.1, the Board may direct repayment or return to the Members all or part of the contributions made by the Members, upon such terms as may be consistent with any indebtedness incurred by the Agency.
Continued Funding. It is the intent of the Town to provide sufficient funding to the Sheriff’s Office to allow for an increase in deputies assigned to the Town and the Sheriff’s patrol district, as the Town increases in population which necessitates an increase in law enforcement and public safety services. Any increase in staffing level or assignments must be mutually agreed upon by the Parties and memorialized in a written amendment to this Agreement in accordance with Paragraph 7.
Continued Funding. Telos' present intention is to continue to fund Enterworks in the ordinary course from the date hereof until the first closing in connection with the Private Placement in order to facilitate a successful consummation of the Private Placement; provided, however, that circumstances may require Telos to discontinue such funding upon written notice to Telos. SECTION SIX.______GENERAL. This Agreement may not be supplemented, changed, waived, discharged, terminated, modified or amended except by written instrument executed by the parties hereto, and shall be binding upon and inure to the benefit of the parties hereto and their respective successors and assigns. The Recitals set forth above shall be deemed to be a substantive part of this Agreement and may be used to construe and interpret the terms hereof.
Continued Funding. The County’s maintenance of each Case Worker position shall be subject to: (a) continued annual funding as determined by the Unit; AND (b) continued annual funding as determined by the (County Name Here) Council. The Unit shall notify the County Auditor, in writing, on or before (Month and Day) of each year whether it intends to fund its Case Worker(s) position(s) for the following calendar year. At the time of hiring, each Case Worker shall acknowledge, in writing, that his/her respective position is subject to annual funding under this Interlocal Agreement and the terms and conditions of employment many change, including hours, wages, and benefits depending on such funding.
