Common use of Insufficient Moneys in Construction Fund Clause in Contracts

Insufficient Moneys in Construction Fund. If the moneys in the Construction Fund, together with any other moneys made available to pay the Cost of Construction, shall not be sufficient to pay the Cost of Construction in full, then the Company shall pay all that portion of the Cost of Construction in excess of the moneys available therefor. The Authority does not make any warranty, either express or implied, that the moneys which will be paid into the Construction Fund will be sufficient to pay the Cost of Construction in full. If the Company makes any payments pursuant to this Section 3.03, it shall not be entitled to any reimbursement therefor from the Authority (except from the proceeds of any obligations subsequently issued by the Authority in respect of the Facilities), the Trustee or the Owners of the Bonds, nor shall it be entitled to any diminution in or postponement of the payment of the Loan Payments or the payment of any other amounts payable under this Agreement.

Insufficient Moneys in Construction Fund. If the moneys in the Construction Fund, together with any other moneys made available to pay the Cost Costs of Constructionthe Project, shall not be sufficient to pay the Cost Costs of Construction the Project in full, then the Company shall pay all that portion of the Cost Costs of Construction the Project in excess of the moneys available therefor. The Authority Issuer does not make any warranty, either express or implied, that the moneys which will be paid into the Construction Fund will be sufficient to pay the Cost Costs of Construction the Project in full. If the Company makes shall make any payments pursuant to this Section 3.033.02, it shall not be entitled to any reimbursement therefor from the Authority (except from the proceeds of any obligations subsequently issued by the Authority in respect of the Facilities), the Trustee Issuer or the Owners of the BondsBonds or from the Trustee except to the extent of moneys available therefor in the Construction Fund (if any), nor shall it be entitled to any diminution in or postponement of the payment of the Loan Payments or the payment of any other amounts amount is payable under this Loan Agreement.

Insufficient Moneys in Construction Fund. If In the event the moneys in the Construction FundFund available for payment of the Cost of Construction, together with any other moneys made available to pay the Cost of ConstructionConstruction from the proceeds of previous or subsequent issues of revenue bonds, shall should not be sufficient to pay the Cost of Construction in full, then the Company shall agrees to pay all that portion of the Cost of Construction in excess of the moneys available therefor. The Authority Issuer does not make any warranty, either express or implied, that the moneys which will be paid into the Construction Fund and will be available for payment of the Cost of Construction will be sufficient to pay the Cost of Construction in full. If the Company makes shall make any payments pursuant to this Section 3.033.2, it shall not be entitled to any reimbursement therefor from the Authority (except from the proceeds of any obligations subsequently issued by the Authority in respect of the Facilities)Issuer, the Trustee or the Owners holders of any of the Bonds, nor shall it be entitled to any diminution in or postponement of the payment of the Loan Payments or the payment of any other amounts payable under this Agreement.

Insufficient Moneys in Construction Fund. If the moneys in the Construction Fund, together with any other moneys made available to pay the Cost of Construction, shall not be sufficient to pay the Cost of Construction in full, then the Company shall pay all that portion of the Cost of Construction in excess of the moneys available therefor. The Authority does not make any warranty, either express or implied, that the moneys which will be paid into the Construction Fund will be sufficient to pay the Cost of Construction in full. If the Company makes any payments pursuant to this Section 3.033.02, it shall not be entitled to any reimbursement therefor from the Authority (except from the proceeds of any obligations subsequently issued by the Authority in respect of the Facilities), the Trustee or the Owners of the Bonds, nor shall it be entitled to any diminution in or postponement of the payment of the Loan Payments or the payment of any other amounts payable under this Agreement.