Common use of Draws on Project Fund Clause in Contracts

Draws on Project Fund. The Borrower acknowledges that the Trustee, pursuant to Section 6.02(d) of the Indenture, will not disburse moneys from the Project Fund unless the Financial Monitor has approved a disbursement request, which approval may not be unreasonably withheld, conditioned or delayed.

Draws on Project Fund. The Borrower acknowledges that the Trustee, pursuant to Section 6.02(d) of the Indenture, will not disburse moneys from the Project Fund unless the Financial Monitor Servicer has approved a disbursement request, which approval may not be unreasonably withheld, conditioned or delayed.