Funding Assurances Sample Clauses

Funding Assurances. It is the intent of this Agreement that the Member Library have sufficient local funding to ensure its status as a “public library” entitling it to state aid under the State Aid Act, Public Act 89 of 1997 as amended. For purposes of evaluating local funding, all Library Support as herein defined will be used to calculate this figure. If the amount of the Member Library’s local funding jeopardizes its qualifications and eligibility for state aid pursuant to PA 89, TADL will make an additional monetary payment or provide library-related services in such amount as necessary to maintain the Member Library’s status as a public library eligible for state funding.
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Funding Assurances. A. Office of Management & Budget (OMB) Super Circular as defined in 2CFR 200 provides specific guidelines of allowable and unallowable costs, and what can be charged to the federal government under a federal award and for any state funds combined with these funds. Compliance with these circulars is required for all award recipients and compliance testing is a component of the agency’s CPA audit. The Network Provider, as a recipient of federal and state funds, to verify and ensure all funds requested are allowable. For more information, see 2 CFR 200 and Attachment C-Federal Block Grant Requirements.
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Funding Assurances. In addition to the security deposit and any other payment or performance required under this Agreement, Lessee shall at least two weeks prior to the commencement of any construction work by Lessee under this Agreement having an estimated cost of more than Ten Thousand Dollars ($10,000) provide to Lessor the following assurances that Lessee will timely pay for the work to be completed (the “Funding Assurances”) as follows;
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Funding Assurances. The KRRC and the Contractor have established a process which assures the Contractor that the Funders are funding the KRRC in a manner consistent with the KRRC’s payment obligations to the Contractor pursuant to this Agreement.
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Funding Assurances. Credit Support Sponsor will cause Guarantors to provide Guarantees in the amount of Sponsor’s Capital Contribution within fifteen (15) Business Days of the Effective Date of this Agreement. In the event of a credit downgrade or other event that results in a downgrade of the credit rating of one of the Guarantors below BBB+ Rated Credit, Sponsor shall ensure that such Guarantor promptly provides to NYSERDA cash, a letter of credit, or other security reasonably acceptable to NYSERDA, such acceptance not to be unreasonably withheld or delayed.
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Funding Assurances. GTI and the Stockholders shall be satisfied, in their sole discretion, that VSIC shall have the financial resources to meet its funding commitments to GTI as provided in Section 2.4 hereof.
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Funding Assurances. The KRRC and the Project Company have established a process for the Project Implementation Period, which assures the Project Company that the Funders are funding the KRRC in a manner consistent with the KRRC’s payment obligations to the Project Company pursuant to this Project Agreement.
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Related to Funding Assurances

  • Further Assurances; Post-Closing Cooperation At any time or from time to time after the Closing, the parties shall execute and deliver to the other party such other documents and instruments, provide such materials and information and take such other actions as the other party may reasonably request to consummate the transactions contemplated by this Agreement and otherwise to cause the other party to fulfill its obligations under this Agreement and the transactions contemplated hereby. Each party agrees to use commercially reasonable efforts to cause the conditions to its obligations to consummate the Merger to be satisfied.

  • Further Assurances and Corrective Instruments Issuer and Company agree that they will, from time to time, execute, acknowledge and deliver, or cause to be executed, acknowledged and delivered, such supplements hereto and such further instruments as may reasonably be required for carrying out the intention of or facilitating the performance of this Agreement.

  • Further Assurances; Financing Statements (a) The Borrower agrees that at any time and from time to time, at its expense and upon reasonable request of the Facility Agent or the Collateral Agent, it shall promptly execute and deliver all further instruments and documents, and take all reasonable further action, that is necessary or desirable to perfect and protect the assignments and security interests granted or purported to be granted by this Agreement or to enable the Collateral Agent or any of the Secured Parties to exercise and enforce its rights and remedies under this Agreement with respect to any Collateral. Without limiting the generality of the foregoing, the Borrower authorizes the filing of such financing or continuation statements, or amendments thereto, and such other instruments or notices as may be necessary or desirable or that the Collateral Agent (acting solely at the Facility Agent’s request) may reasonably request to protect and preserve the assignments and security interests granted by this Agreement. Such financing statements filed against the Borrower may describe the Collateral in the same manner specified in Section 12.1 or in any other manner as the Facility Agent may reasonably determine is necessary to ensure the perfection of such security interest (without disclosing the names of, or any information relating to, the Obligors thereunder), including describing such property as all assets or all personal property of the Borrower whether now owned or hereafter acquired.

  • Additional Assurances Except as may be specifically provided herein to the contrary, the provisions of this Agreement shall be self-operative and shall not require further agreement by the parties; provided, however, at the request of either party, the other party shall execute such additional instruments and take such additional acts as are reasonable, and as the requesting party may reasonably deem necessary, to effectuate this Agreement.

  • Solvency Assurances On the Closing Date, Administrative Agent and Lenders shall have received an Officer's Certificate dated the Closing Date, substantially in the form of Exhibit IX annexed hereto and with appropriate attachments, demonstrating that, after giving effect to the consummation of the transactions contemplated by the Credit Documents, Borrowers, taken as a whole, and Company will be Solvent.

  • Conditions Precedent to All Purchases and Reinvestments Each purchase (including the initial purchase) and each reinvestment shall be subject to the further conditions precedent that:

  • Further Assurances; Cooperation Each party shall, upon reasonable request by the other party, execute and deliver any additional documents necessary or desirable to complete the transactions herein pursuant to and in the manner contemplated by this Agreement. The parties hereto agree to cooperate and use their respective best efforts to consummate the transactions contemplated by this Agreement.

  • Further Assurances, etc The Grantor agrees that, from time to time at its own expense, it will promptly execute and deliver all further instruments and documents, and take all further action, that may be necessary or desirable, or that the Collateral Agent may request, in order to perfect, preserve and protect any security interest granted or purported to be granted hereby or to enable the Collateral Agent to exercise and enforce its rights and remedies hereunder with respect to any Collateral. Without limiting the generality of the foregoing, the Grantor will

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