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.
Appears in 2 contracts
Samples: Loan Agreement (RBC Bearings INC), Loan Agreement (RBC Bearings INC)
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]
Appears in 2 contracts
Samples: Loan Agreement (Bremen Bearings Inc), Loan Agreement (Bremen Bearings Inc)