FINAL PAYMENT UNDER GENERAL CONTRACT(S) Sample Clauses

FINAL PAYMENT UNDER GENERAL CONTRACT(S). Unless otherwise agreed by the Agent, the final payment due under the General Contract(s) for the applicable On-site Improvements or Units shall not be made until, with respect to such On-site Improvements or Units (i) all required Governmental Authorizations have been obtained, and (ii) the applicable period for filing of mechanic's liens has expired, but, upon request of the General Contractor(s), the Bank will execute an agreement satisfactory to the Bank assuring the General Contractor(s) that the final payment will be made immediately after expiration of the period for filing mechanic's liens, provided no such liens have been filed.
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Related to FINAL PAYMENT UNDER GENERAL CONTRACT(S)

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