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Disbursements for Stored Materials Sample Clauses

Disbursements for Stored Materials. Disbursements for materials, fabricated goods and custom equipment stored on or away from the Property (collectively, "Stored Materials") shall be made in accordance with the terms of Sections 9.2 and 9.5.1, of this Agreement and the following terms and conditions: 9.5.3.1 The Company shall provide proof satisfactory to TDF. that such Stored Materials are insured against all risk of loss for their full replacement cost, or if such insurance is not commercially available at reasonable rates, such lesser amount as is agreed upon by TDF's Consultant and the Company as being commercially reasonable and that such insurance contains a standard mortgagee loss payable endorsement.
Disbursements for Stored Materials. Any requests for disbursements which in whole or in part relate to materials, equipment or furnishings which Borrower owns and which are not incorporated into the Improvements as of the date of the request for disbursement, but are to be temporarily stored at the Project or off-site, shall be made in an aggregate amount not to exceed $5,000,000.00 at any time, unless Lender consents, in its sole discretion, to a greater amount. Any such request must be accompanied by evidence satisfactory to Lender that (i) such stored materials and the storage facility are included within the coverage of the Policies, (ii) the ownership of such materials is vested in Borrower free of any liens and claims of third parties, (iii) such materials are properly insured and protected against theft or damage, (iv) unless Lender has waived such requirement in writing, Lender’s Consultant has viewed and inspected the stored materials, and (v) in the opinion of Lender’s Consultant, the stored materials are physically secured and can be incorporated into the Project within three hundred sixty (360) days. Lender may require separate Uniform Commercial Code financing statements to cover any such stored materials.
Disbursements for Stored Materials. Any requests for ---------------------------------- disbursements which in whole or in part relate to materials, equipment or furnishings which are owned by Borrower and are not incorporated into the Project as of the date of the request for disbursement, but are to be temporarily stored at the Project, shall be approved by Lender for disbursement (subject to satisfaction of the other disbursement conditions set forth herein) to the extent such request relates to such stored materials, and shall be subject to receipt by Lender of: (i) proof reasonably satisfactory to Lender that such stored materials are included within the coverages of insurance policies carried by Borrower or proof of other insurance which has been approved by Lender; (ii) evidence reasonably satisfactory to Lender that the ownership of such materials is vested in Borrower and such ownership is free of any liens and claims of third parties; (iii) evidence reasonably satisfactory to Lender that such materials are protected against theft or damage; and (iv) certification of Borrower and Lender's Construction Consultant that such materials stored at the Project have been inspected by Borrower and Lender's Construction Consultant and that such materials are the same materials as described in Borrower's Draw Request Certification. Lender may require a separate security agreement and uniform commercial code financing statements to cover any such materials, equipment or furnishings so stored at the Project and such other information and assurances as Lender may reasonably require.

Related to Disbursements for Stored Materials

  • Disbursements for Site Improvements All payments made by the OPWC for site improvements or other work shall be made directly to the Contractor that performed the work and originated the invoice, unless the request is for disbursement to the Recipient.

  • Solicitations for Subcontractors, Including Procurements of Materials and Equipment In all solicitations either by competitive bidding or negotiation made by the contractor for work to be performed under a subcontract, including procurements of materials or leases of equipment, each potential subcontractor or supplier shall be notified by the contractor of the contractor's obligations under this contract and the Regulations relative to nondiscrimination on the grounds of race, color, or national origin, sex, age, and disability/handicap.

  • Solicitations for Subcontracts, Including Procurements of Materials and Equipment In all solicitations either by competitive bidding or negotiation made by the Engineer for work to be performed under a subcontract, including procurements of materials or leases of equipment, each potential subcontractor or supplier shall be notified by the Engineer of the Engineer's obligations under this contract and the Regulations relative to nondiscrimination on the grounds of race, color, or national origin.

  • Solicitations for Subcontracts, Including Procurement of Materials and Equipment In all solicitations either by competitive bidding or negotiation made by the Local Government for work to be performed under a subcontract, including procurement of materials or leases of equipment, each potential subcontractor or supplier will be notified by the Local Government of the Local Government’s obligations under this Agreement and the Acts and Regulations relative to Nondiscrimination on the grounds of race, color, or national origin.

  • Stored Materials Upon prior written agreement between the Contractor and Region 4 ESC, payment may be made for materials not incorporated in the work but delivered and suitably stored at the site or some other location, for installation at a later date. An inventory of the stored materials must be provided to Region 4 ESC prior to payment. Such materials must be stored and protected in a secure location and be insured for their full value by the Contractor against loss and damage. Contractor agrees to provide proof of coverage and additionally insured upon request. Additionally, if stored offsite, the materials must also be clearly identified as property of Region 4 ESC and be separated from other materials. Region 4 ESC must be allowed reasonable opportunity to inspect and take inventory of stored materials, on or offsite, as necessary. Until final acceptance by Region 4 ESC, it shall be the Contractor's responsibility to protect all materials and equipment. Contractor warrants and guarantees that title for all work, materials and equipment shall pass to Region 4 ESC upon final acceptance.

  • Packing Materials and Containers for Shipment Packing materials and containers in which a good is packed for shipment shall be disregarded in determining whether: (a) all non-originating materials used in the production of the good undergo an applicable change in tariff classification set out in Annex 4; and (b) the good satisfies a regional value content requirement.

  • Selection of Subcontractors, Procurement of Materials and Leasing of Equipment The contractor shall not discriminate on the grounds of race, color, religion, sex, national origin, age or disability in the selection and retention of subcontractors, including procurement of materials and leases of equipment. The contractor shall take all necessary and reasonable steps to ensure nondiscrimination in the administration of this contract. a. The contractor shall notify all potential subcontractors and suppliers and lessors of their EEO obligations under this contract. b. The contractor will use good faith efforts to ensure subcontractor compliance with their EEO obligations.

  • Packaging Materials and Containers for Retail Sale 1. When packaging materials and containers in which a good is packaged for retail sales are classified in the Harmonized System with the good, they shall not be taken into account in determining whether all non-originating materials used in the production of the good undergo the applicable change in tariff classification set out in Annex 4.03. 2. When the good is subject to a requirement of regional value content, the value of these packaging materials and containers shall be taken into account as originating or non-originating materials, as the case may be, in calculating the regional value content of the good.

  • Additional Requirements for Sleeping Rooms The Contractor shall provide departing Attendees a secured area for storing belongings.

  • REQUESTS FOR FLEXIBLE WORKING ARRANGEMENTS 49.1 Employee may request change in working arrangements s.65 of the Act. Note 1: Section 65 of the Act provides for certain Employees to request a change in their working arrangements because of their circumstances, as set out in s.65(1A).