Common use of Evidence of Facility Costs and Other Expenses Clause in Contracts

Evidence of Facility Costs and Other Expenses. At least 10 Business Days prior to each such Loan, the Lender shall have received a copy of the EPC Contractor's application for payment under the EPC Contract or evidence of or application for other expenses in connection with the construction and development of the Facility (together with all supplemental reports required to be furnished thereunder), and copies of all invoices and other statements of charges with respect to the payments to be made to the EPC Contractor pursuant to the EPC Contract or to the recipient of such other expenses on the date, or expected to be due and payable within 30 days of, such Loan and with respect to all other items of Facility Costs to be paid on such date, or expected to be due and payable within 30 days of such Loan.

Appears in 8 contracts

Samples: Shareholder Loan Agreement (Panda Global Holdings Inc), Shareholder Loan Agreement (Panda Global Holdings Inc), Shareholder Loan Agreement (Panda Global Holdings Inc)

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