Evidence of Financing. Agency shall have approved Developer’s Evidence of Financing pursuant to Section 408.1.
Evidence of Financing. Developer shall have provided written proof reasonably acceptable to Authority that Developer has obtained a commitment for equity contributions, affordable housing subsidies and loans, subject to customary conditions, for the Primary Loan, including the construction and permanent financing of the Apartment Complex, and Authority shall have reasonably approved such financing commitment for the Primary Loan pursuant to Section 311. The Primary Loan construction financing for the Apartment Complex shall have closed prior to or be ready to close concurrently with the Closing and initial disbursement of Authority Loan pursuant to Sections 204 and 208.9.
Evidence of Financing. 13.3.1. Within 10 days after mutual execution of this Agreement, Purchaser shall provide to Seller and Escrow Agent a copy of a loan commitment or an unconditional statement of availability of funds satisfactory to Seller, with respect to the purchase of the Unit (the “Evidence of Financing”).
Evidence of Financing. Developer shall have obtained approval of all financing described in this Method of Financing, and the Mayor shall have approved evidence relating to the Construction Loan, Developer Equity, Gap Financing Sources, and a commitment for the Permanent Loan(s), and all documents required to be executed in connection with such financing shall have been duly executed, acknowledged and delivered.
Evidence of Financing. The sum of the Sources of Financing described in Section 2.1, above, shall be sufficient at all times to pay all Acquisition and Development Costs as set forth in the most recently approved Project Budget, and the sum of the permanent Sources of Financing described in Section 2.2, above, shall be at least equal at all times to the sum of the construction Sources of Financing plus all other Acquisition and Development Costs. Within the time provided therefor in the Schedule of Performance (Attachment No. 5 to the DDA), Developer shall submit, for approval by the Mayor, evidence of such financing, including all documents required by the Senior Lender relating to the Construction Loan and all documents evidencing the availability of permanent financing upon Completion. The Mayor shall not unreasonably withhold his or her approval. Developer shall provide written certification to the City that such financing documents are correct copies of the actual documents to be executed by Developer on or before the Closing Date. To the extent that the sum of the Sources of Financing described in Section 2.1 above, is insufficient to pay all Acquisition and Development Costs, Developer shall demonstrate the availability prior to the Closing of increased Developer's Equity at least equal to the shortfall.
Evidence of Financing. Developer shall submit to City for approval the Evidence of Financing for the Property required by Section 215 of the DDA.
Evidence of Financing. Redeveloper shall provide the Authority for its approval Redeveloper’s evidence of financing capacity and commitments necessary to finance the costs of the Redevelopment, including without limitation, financing to acquire the Property, financing to construct and install the improvements to the Property, and evidence that the total development costs of the Redevelopment are no less than $1,650,000.00.
Evidence of Financing. The Buyer shall have provided the Sellers with the confirmation of available financing in an amount of not less than Five Million ($5,000,000.00) Dollars U.S. prior to the Time of Closing and at the Time of Closing shall provide an executed copy of an irrevocable subscription agreement to the Sellers with respect to such financing. The Sellers, acting reasonably, shall be satisfied with the terms of such subscription agreement.
Evidence of Financing. The Parent shall have provided evidence reasonably satisfactory to the Seller and the Company that the Parent has funds or financing available to consummate the transactions contemplated by this agreement.
Evidence of Financing. Within 45 days following the delivery of the Election Notice, the Electing Purchaser shall deliver the Prospective Selling Investor evidence of available funds and/or committed financing for the Electing Purchaser’s purchase of Subject Shares. If such evidence is not delivered within such 45 day period, or, taken as a whole, is subject to broader conditions or otherwise less definite than the BRP Deal Commitment Letter, the Election Notice of such Electing Purchaser shall be deemed to be withdrawn.
