Common use of Disbursement Agreement Clause in Contracts

Disbursement Agreement. Concurrently herewith, the Company, the Disbursement Agent, the Bank Agent, the Indenture Trustee and the FF&E Agent, have entered into the Disbursement Agreement in order to set forth, among other things, (a) the mechanics for and allocation of the Company's requests for Advances under the various Facilities and from the Company's Funds Account, (b) the conditions precedent to the Closing Date, to the initial Advance and to subsequent Advances, (c) certain common representations, warranties and covenants of the Company in favor of the Funding Agents and the Lenders and (d) the common events of default and remedies.

Disbursement Agreement. Concurrently herewith, the The Company, the Disbursement Agent, the Bank Agent, the Indenture Trustee Trustee, the FF&E Agent and the FF&E Disbursement Agent, have entered into the that Master Disbursement Agreement as of even date herewith (the "Disbursement Agreement"), in order to set forth, among other things, (a) the mechanics for and allocation of the Company's requests request for Advances advances under the various Facilities and from the Company's Funds Account, (b) the conditions precedent to the Closing Date, to the initial Advance advance and conditions precedent to subsequent Advancesadvances, (c) certain common representations, warranties and covenants of the Company in favor of the Funding Agents and the Lenders and (d) common Events of Default and remedies during construction of the common events of default and remediesProject.

Disbursement Agreement. Concurrently herewith, the The Company, the Disbursement Agent, the Bank Agent, the Indenture Trustee Trustee, the FF&E Agent and the FF&E Disbursement Agent, have entered into the that certain Master Disbursement Agreement as of an even date herewith (the "Disbursement Agreement"), in order to set forth, among other things, (a) the mechanics for and allocation of the Company's requests request for Advances advances under the various Facilities and from the Company's Funds Account, (b) the conditions precedent to the Closing Date, to the initial Advance advance and conditions precedent to subsequent Advancesadvances, (c) certain common representations, warranties and covenants of the Company in favor of the Funding Agents and the Lenders and (d) common Events of Default and remedies during construction of the common events of default and remediesProject.