Deficiency of Project Fund. If the Project Fund shall be insufficient to pay fully all Project Costs and to fully complete the Improvements, lien free (except for Permitted Encumbrances), the Company covenants to pay the full amount of any such deficiency by making payments directly to the contractors and to the suppliers of materials, machinery, equipment, property and services as the same shall become due, and the Company shall save the Issuer and the Trustee whole and harmless from any obligation to pay such deficiency.
Deficiency of Project Fund. If Bond Proceeds in the Project Fund are insufficient to pay fully all Project Costs (including reimbursements to the Tenant for Project Costs advanced by the Tenant prior to issuance of the Bonds) and to fully complete the Improvements, lien free (except for Permitted Encumbrances), the Tenant covenants to pay the full amount of any such deficiency by making payments directly to the contractors and to the suppliers of materials, machinery, equipment, property and services as the same become due, and the Tenant shall save the Issuer and the Bank whole and harmless from any obligation to pay such deficiency.
Deficiency of Project Fund. The Issuer makes no warranty, either express or implied, that the amounts in the Project Fund shall be sufficient to fully provide for the costs of the Project. The Borrower shall not be entitled to any reimbursement for the payment of any such deficiency by the Issuer, the Trustee, the Credit Enhancer or any Bondowner, nor shall it be entitled to any diminution of any amounts otherwise payable under this Loan Agreement. [End of Article IV]
Deficiency of Project Fund. If the Project Fund is insufficient to pay fully all Project Costs and to complete fully the Project lien free, the City will pay, in cash, the full amount of any such deficiency by making payments directly to the contractors and to the suppliers of materials and services as the same becomes due. The Trustee is not obligated to pay and will not be responsible for any such deficiency, and the City will save the Trustee whole and harmless from any obligation to pay such deficiency. The City’s obligation to pay any such deficiency will be limited to its current budgeted appropriations for the Project, and the City will have no obligation to appropriate additional funds therefor and may amend the Project to reduce or eliminate such deficiency.
Deficiency of Project Fund. The Issuer makes no warranty, either express or implied, that the amounts in the Project Fund shall be sufficient to pay fully all Project Costs and Costs of Issuance and to complete the Project free of all liens other than Permitted Encumbrances, and, if the amounts in the Project Fund are insufficient for such purpose, the Obligor shall pay, in cash, the full amount of any such deficiency by making payments directly to the contractors and to the suppliers of materials and services as the same shall become due. The Obligor shall not be entitled to any reimbursement for the payment of any such deficiency from the Issuer, the Trustee or any Bondowner, nor shall it be entitled to any diminution of any amounts otherwise payable under this Loan Agreement.
Deficiency of Project Fund. 10 SECTION 5.8.
Deficiency of Project Fund. ARTICLE V MAINTENANCE; MODIFICATIONS; INSURANCE; LEASE OR ASSIGNMENT OF PROJECT; LOSS OR DAMAGE TO PROJECT Section 5.1. Maintenance of Project by Borrower
Deficiency of Project Fund. Section 5.7 Surplus in Project Fund
Deficiency of Project Fund. 9 Section 5.8. Right of Entry by Issuer 9 Section 5.9. Machinery and Equipment Purchased by Tenant 10 Section 5.10. Project Property of Issuer 10 Section 5.1l. Kansas Retailers' Sales Tax 10
Deficiency of Project Fund. ARTICLE V
