Financing of a Capital Project Sample Clauses

Financing of a Capital Project. ‌ The Recipient will use the Project Funds to finance costs it has incurred or will incur for the construction, reconstruction, installation or acquisition of the Project. Such costs shall not have previously been financed with the proceeds of any other issue of tax-exempt obligations.
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Financing of a Capital Project. The Recipient will use the Project Funds to finance capital expenditures it has incurred or will incur for the construction, reconstruction, installation or acquisition of the Project in accordance with the terms of this Agreement. Such expenditures shall not have previously been financed with the proceeds of any other issue of indebtedness except for interim financing by the Recipient, the date of maturity, prepayment or redemption of which is within thirty (30) days of the date of disbursement of Project Funds under this Agreement. All Project Funds shall be allocated to expenditures by the Recipient within thirty (30) days of the date of disbursement, including (if at all) Project Funds allocated to repay interim financing of the Recipient. For purposes of this Section F.4, “interim financing” means notes, commercial paper, loans, lines of credit and other forms of short- term borrowing.
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Financing of a Capital Project. 1 F.5 Ownership and Operation of Project 1 F.6 Temporary Period. 1 F.7 Working Capital 1 F.8 Expenditure of Proceeds 2 F.9 Private Use and Private Payments 2 F.10 No Sale, Lease or Private Operation of the Project 2 F.11 No Disproportionate or Unrelated Use 3 F.12 Management and Service Contracts 3 F.13 No Disposition of Financed Property 3 F.14 Useful Life of Project 3 F.15 Payments 3 F.16 No Other Replacement Proceeds 4 F.17 No Sinking or Pledged Fund. 4 F.18 [Reserved.] 4 F.19 Reimbursement Resolution 4 F.20 Reimbursement Expenditures 4 F.21 Change in Use of the Project 4 F.22 Rebate Obligations 4 F.23 No Federal Guarantee. 5 F.24 No Notices or Inquiries from IRS 5 F.25 Amendments 5 F.26 Reasonable Expectations 5 F.27 Assignment 5 EXHIBIT G – XXXXX-XXXXX 1 EXHIBIT H – COMPLIANCE WITH CROSS-CUTTING STATE AUTHORITIES 1 AGREEMENT‌
Sample 1
Financing of a Capital Project. The District will use the Project Funds (as defined in the SRF Loan Agreement) to finance costs previously incurred or to be incurred for the construction, reconstruction, installation or acquisition of the Project, none of which have previously been financed with the proceeds of any other issue of tax-exempt obligations.
Sample 1

Related to Financing of a Capital Project

  • Notice to Proceed (NTP Following the JOA and purchase order issuance, the County will issue a Notice to Proceed (NTP) that will provide the construction start date, the Work duration period, and the Substantial Completion date. The Contractor agrees to begin and complete construction within the dates specified on the NTP. The County must approve all extensions of time in writing. The County may also issue an Emergency Notice to Proceed (NTP). In the event the County requires the Contractor to respond to an immediate request for work, a Job Order will be created and an Emergency NTP will be issued. The Contractor will be required to perform the Scope of Work included with the Emergency NTP as directed by the County’s Project Manager or designee. The Detailed Scope of Work, Quotation, Subcontractor Listing, Shop Drawings and required Non Pre-priced backup documentation will be submitted upon completion of the emergency work in accordance with the Ordering Procedures detailed in Section III above.

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