Common use of Cost Over Runs Clause in Contracts

Cost Over Runs. The BORROWER agrees that all cost over runs on the PROJECT shall be paid solely by the BORROWER and that the BORROWER shall deliver additional funds to the BANK in accordance with Section 3.6 of this AGREEMENT to pay any cost over runs on the PROJECT.

Appears in 3 contracts

Samples: Construction Loan Agreement (Little Sioux Corn Processors LLC), Construction Loan Agreement (Badger State Ethanol LLC), Construction Loan Agreement (Lake Area Ethanol Inc)

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Cost Over Runs. The BORROWER agrees that all cost over runs on the PROJECT shall be paid solely by the BORROWER and that the BORROWER shall deliver additional funds to the BANK in accordance with Section 3.6 of this AGREEMENT to pay any cash required to fund cost over runs on the PROJECT.

Appears in 3 contracts

Samples: Construction Loan Agreement (US BioEnergy CORP), Construction Loan Agreement (US BioEnergy CORP), Construction Loan Agreement (Red Trail Energy, LLC)

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