Common use of Final Construction Loan Advance for Improvements Clause in Contracts

Final Construction Loan Advance for Improvements. The final Construction Loan Advance for the Improvements (including retainage) shall not be made until thirty (30) days after the date on which a final certificate of occupancy for the Project has been issued. The Administrative Agent shall have received the following as additional conditions precedent to the requested Construction Loan Advance:

Appears in 4 contracts

Samples: Loan Agreement (Medcath Corp), Loan Agreement (Medcath Corp), Loan Agreement (Medcath Corp)

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