Financial Information and Construction Progress Clause Samples
POPULAR SAMPLE Copied 1 times
Financial Information and Construction Progress. Not less than ten (10) Business Days before the Closing Date, OPIC shall have received: (i) any Financial Statements, reports, and other information that the Companies, pursuant to Section 6.07, would otherwise be required to furnish to OPIC on or before the Closing Date, and (ii) evidence, satisfactory to OPIC in form and substance, that sufficient progress has been made in the construction of the Project to proceed with such Disbursement.
Financial Information and Construction Progress. 23 Section 4.13.
Financial Information and Construction Progress. Not less than 15 Business Days before the Closing Date, OPIC shall have received: (i) any Financial Statements, reports, and other information that the Company, pursuant to Section 6.09, would otherwise be required to furnish to OPIC on or before the Closing Date, and (ii) evidence, satisfactory to OPIC in form and substance, that the Project is being executed substantially in accordance with the Project Schedule with none of the milestones set forth therein being reached more than 90 days beyond the end of the quarter set forth therein for their accomplishment and the aggregate cost of the Project expended as of such Closing Date is such as not to pose any risk that the total cost of the Project will exceed $74,000,000 by more than 15%.