Disbursements for Offsite Materials Sample Clauses

Disbursements for Offsite Materials. Lender may in its sole discretion, but shall not be obligated to, approve disbursements for materials stored off-site, in which event all of the requirements of Section 9.4 shall be applicable to such disbursement as well as any other requirements which Lender may, in its sole discretion, determine are appropriate under the circumstances.
AutoNDA by SimpleDocs
Disbursements for Offsite Materials. Agent and the Lenders may, in Agent’s sole discretion, but shall not be obligated to, make disbursements for materials stored off-site, in which event all of the requirements of Section 12.2(e) hereof shall be applicable to such disbursement, as well as any other requirements which Agent may, in its sole discretion, determine are appropriate.
Disbursements for Offsite Materials. Agent may in its sole discretion, but shall not be obligated to, approve disbursements for materials stored off-site, in which event all of the requirements of Section 12.5 shall be applicable to such disbursement as well as any other requirements which Agent may, in its sole discretion, determine are appropriate under the circumstances. Off-Site Materials shall not include equipment and materials installed pursuant to the Power Agreements. Notwithstanding the foregoing, provided that Agent shall have received satisfactory evidence that the following are true: (i) all of the requirements of Section 12.5 (other than (v) and (vi)) are met; (ii) the Off-Site Materials are finished components, ready for installation, and appropriate for purchase during the current stage of construction; (iii) the Off-Site Materials are suitably segregated and marked as owned by Borrower and designated for the Project; (iv) if requested by Agent, the Lender’s Consultant shall have the opportunity to view and inspect the Off-Site Materials; and (v) the aggregate outstanding amount of Off-Site Materials for which payment has been made shall not exceed $5,000,000 (it being understood that Agent shall not unreasonably withhold its consent to Borrower exceeding such $5,000,000 cap), Agent shall approve disbursements for such Off-Site Materials.
Disbursements for Offsite Materials. Except to the extent expressly provided in the Budget, Administrative Agent may in its sole discretion, but shall not be obligated to, make disbursements for materials stored off-site, in which event all of the requirements of Section 10.5 (i)-(v) shall be applicable to such disbursement as well as any other requirements with the Administrative Agent may, in its sole discretion, determine are appropriate under the circumstances.
Disbursements for Offsite Materials. Lender may in its sole discretion, but shall not be obligated to, make disbursements for materials stored off-site, in which event all of the requirements of Section 12.5 shall be applicable to such disbursement as well as any other requirements which Lender may, in its sole discretion, determine are appropriate under the circumstances.
Disbursements for Offsite Materials. If the Administrative Agent, in its sole discretion, permits a Disbursement for materials stored off-site, all of the requirements of Section 12.10 shall be applicable to such Disbursement (in addition to other requirements for Disbursements contained herein).
Disbursements for Offsite Materials. 28 12.8 DISBURSEMENTS FOR TENANT WORK AND ALLOWANCES.........................................................28
AutoNDA by SimpleDocs
Disbursements for Offsite Materials. Administrative Agent shall make disbursements for materials stored off-site not to exceed $3,000,000 in the aggregate (subject to an increase in such maximum amount to $5,000,000 during such time as such stored off-site materials include pre-cast concrete for the Project), provided all of the requirements of Section 10.5 shall be applicable to such disbursement as well as any other requirements which the Administrative Agent may, in its sole discretion, determine are appropriate under the circumstances.
Disbursements for Offsite Materials. Lender may in its sole discretion, but shall not be obligated to, approve disbursements for materials stored off-site, provided, however, that Lender shall not unreasonably withhold such approval if (a) all of the requirements of Section 12.5(a) – (e) shall have been satisfied with respect to such disbursement; (b) the materials to be stored off-site and to be used in the Construction are not commodity items but are uniquely fabricated for the Construction; (c) any off-site materials are stored at a third party owned and operated site that Lender reasonably approves, including storage in a bonded warehouse in the County in which the Project is located; and (d) the cost of materials stored off-site shall not at any one time exceed One Hundred Thousand and No/100th Dollars ($100,000.00).

Related to Disbursements for Offsite Materials

  • Complete Copies of Materials The Company has delivered or made available true and complete copies of each document (or summaries of same) that has been requested by Parent or its counsel.

  • Maintaining Records; Access to Properties and Inspections; Maintenance of Ratings (a) Keep proper books of record and account in which full, true and correct entries in conformity with GAAP and all requirements of law are made of all dealings and transactions in relation to its business and activities. Each Loan Party will, and will cause each of its subsidiaries to, permit any representatives designated by the Administrative Agent or any Lender to visit and inspect the financial records and the properties of such Person at reasonable times and as often as reasonably requested and to make extracts from and copies of such financial records, and permit any representatives designated by the Administrative Agent or any Lender to discuss the affairs, finances and condition of such Person with the officers thereof and independent accountants therefor.

  • Agreements Regarding Collateral and Field Examination Reports (ll) Lien Releases;

  • Periodic Review of Costs of Environmental Compliance In the ordinary course of its business, the Company conducts a periodic review of the effect of Environmental Laws on the business, operations and properties of the Company and its subsidiaries, in the course of which it identifies and evaluates associated costs and liabilities (including, without limitation, any capital or operating expenditures required for clean-up, closure of properties or compliance with Environmental Laws or any permit, license or approval, any related constraints on operating activities and any potential liabilities to third parties). On the basis of such review and the amount of its established reserves, the Company has reasonably concluded that such associated costs and liabilities would not, individually or in the aggregate, result in a Material Adverse Change.

  • Site Visits and Inspections; Regulatory Examinations During the term of this Agreement, authorized representatives of the Fund may conduct periodic site visits of the Transfer Agent’s facilities and inspect the Transfer Agent’s records and procedures solely as they pertain to the Transfer Agent’s services for the Fund under or pursuant to this Agreement. Such inspections shall be conducted at the Fund’s expense (which shall include costs related to providing materials, copying, faxing, retrieving stored materials, and similar expenses) and shall occur during the Transfer Agent’s regular business hours and, except as otherwise agreed to by the parties, no more frequently than twice a year. In connection with such site visit and/or inspection, the Fund shall not attempt to access, nor will it review, the records of any other clients of the Transfer Agent and the Fund shall conduct the visit/inspection in a manner that will not interfere with the Transfer Agent’s normal and customary conduct of its business activities, including the provision of services to the Fund and to other clients. The Transfer Agent shall have the right to immediately require the removal of any Fund representatives from its premises in the event that their actions, in the reasonable opinion of the Transfer Agent, jeopardize the information security of its systems and/or other client data or otherwise are disruptive to the business of the Transfer Agent. The Transfer Agent may require any persons seeking access to its facilities to provide reasonable evidence of their authority. The Transfer Agent may also reasonably require any of the Fund’s representatives to execute a confidentiality agreement before granting such individuals access to its facilities. The Transfer Agent will also provide reasonable access to the Fund’s governmental regulators, at the Fund’s expense, solely to (i) the Fund’s records held by the Transfer Agent and (ii) the procedures of the Transfer Agent directly related to its provision of services to the Fund under the Agreement.

  • Research Records Each Party shall maintain records of each Research Program (or cause such records to be maintained) in sufficient detail and in good scientific manner as will properly reflect all work done and results achieved by or on behalf of such Party in the performance of such Research Program. All laboratory notebooks shall be maintained for no less than the term of any Patent issuing therefrom. All other records shall be maintained by each Party during the relevant Research Term and for [**] thereafter. All such records of a Party shall be considered such Party’s Confidential Information.

  • Field Examination Reports; Confidentiality; Disclaimers by Lenders; Other Reports and Information By becoming a party to this Agreement, each Lender:

  • Field Audits and Examination Reports; Confidentiality; Disclaimers by Lenders; Other Reports and Information By becoming a party to this Agreement, each Lender:

Time is Money Join Law Insider Premium to draft better contracts faster.