Mechanics for Obtaining Advances Sample Clauses

Mechanics for Obtaining Advances i. Preliminary Notices from the Borrower. (1) Subject to Section 2.2.2, from time to time the Borrower shall have the right to deliver to the Administrative Agent, the Discount Note Indenture Trustee (subject to the proviso in the first sentence of Section 2.4.1(b)), the Disbursement Agent, the Servicing Agent and the Construction Consultant a preliminary Advance Request (each, a "Preliminary Advance Request") requesting that an Advance be made on or after the fifteenth (15th) Business Day after delivery of such Preliminary Advance Request. (2) Concurrently with the delivery by the Borrower of each Preliminary Advance Request pursuant to subsection (a) above, the Borrower shall deliver to each of the Administrative Agent, the Discount Note Indenture Trustee, the Disbursement Agent, the Servicing Agent and the Construction Consultant a preliminary Notice of Advance Request (each, a "Preliminary Notice of Advance Request"); provided, however, from and after the time that all amounts in the Construction Note Disbursement Account have been advanced, the Discount Note Indenture Trustee shall no longer be entitled to receive a Preliminary Advance Request and the only delivery thereof by the Borrower shall be to the Administrative Agent, the Disbursement Agent, the Servicing Agent and the Construction Consultant. Such Preliminary Notice of Advance Request shall reference the requested Advance Date set forth in the Preliminary Advance Request and shall contain the other information required thereby. (3) Each Preliminary Advance Request delivered by the Borrower pursuant to subsection (a) above shall request Advances in order (i) to pay interest on, and other amounts (other than Scheduled Amortization and Mandatory Prepayments) due with respect to, the Bank Credit Facility which will become due and payable on or after the requested Advance Date and prior to the next succeeding Advance Date, until the earlier of (x) the Conversion Date or (y) such time as the Main Project is generating cash flow over the amount required for Operating Costs and Main Project Costs, and/or (ii) to pay other Main Project Costs estimated to become due and payable on or prior to the requested Advance Date. The Borrower shall not be permitted to obtain Advances for the purpose of paying interest due and payable with respect to the Bank Credit Facility at any time after the Conversion Date. Each such Preliminary Advance Request shall set forth the payee, broken down by Contractor, Subcontra...
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Mechanics for Obtaining Advances 

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  • CONDITIONS FOR EMERGENCY/HURRICANE OR DISASTER - TERM CONTRACTS It is hereby made a part of this Invitation for Bids that before, during and after a public emergency, disaster, hurricane, flood, or other acts of God that Orange County shall require a “first priority” basis for goods and services. It is vital and imperative that the majority of citizens are protected from any emergency situation which threatens public health and safety, as determined by the County. Contractor agrees to rent/sell/lease all goods and services to the County or other governmental entities as opposed to a private citizen, on a first priority basis. The County expects to pay contractual prices for all goods or services required during an emergency situation. Contractor shall furnish a twenty-four (24) hour phone number in the event of such an emergency.

  • Personal Property Reimbursement Employees shall, in proper cases, be reimbursed for the repair or replacement of personal property damaged in the line of duty without fault of the employee. The amount of reimbursement for articles of clothing shall be the depreciated value based on the age and condition of the article. Reimbursement for a watch shall be limited to the functional value of the watch.

  • Disbursements for Site Improvements All payments made by the OPWC for site improvements or other work shall be made directly to the Contractor that performed the work and originated the invoice, unless the request is for disbursement to the Recipient.

  • Solicitations for Subcontracts, Including Procurements of Materials and Equipment In all solicitations either by competitive bidding or negotiation made by the Engineer for work to be performed under a subcontract, including procurements of materials or leases of equipment, each potential subcontractor or supplier shall be notified by the Engineer of the Engineer's obligations under this contract and the Regulations relative to nondiscrimination on the grounds of race, color, or national origin.

  • Condition of the Contractor’s Property or Equipment The Contractor shall make the Property and/or equipment available to the Judicial Council, pursuant to the terms and conditions set forth in this Agreement. The Contractor shall immediately remedy any problem with the Property’s physical plant or equipment that impairs or diminishes the quality of the Program. The Contractor shall ensure the appropriate hot water, heating, and ventilation is provided at the Property during the Program, inclusive in the prices set forth herein.

  • Solicitations for Subcontracts, Including Procurement of Materials and Equipment In all solicitations either by competitive bidding or negotiation made by the Local Government for work to be performed under a subcontract, including procurement of materials or leases of equipment, each potential subcontractor or supplier will be notified by the Local Government of the Local Government’s obligations under this Agreement and the Acts and Regulations relative to Nondiscrimination on the grounds of race, color, or national origin.

  • Selection of Subcontractors, Procurement of Materials and Leasing of Equipment The contractor shall not discriminate on the grounds of race, color, religion, sex, national origin, age or disability in the selection and retention of subcontractors, including procurement of materials and leases of equipment. The contractor shall take all necessary and reasonable steps to ensure nondiscrimination in the administration of this contract. a. The contractor shall notify all potential subcontractors and suppliers and lessors of their EEO obligations under this contract. b. The contractor will use good faith efforts to ensure subcontractor compliance with their EEO obligations.

  • Price Adjustments for OGS Centralized Contracts Periodic price adjustments will occur no more than twice per year on a schedule to be established solely by OGS. Pricing offered shall be fixed for the first twelve (12) months of the Contract term. Such price increases will only apply to the OGS Centralized Contracts and shall not be applied retroactively to Authorized User Agreements or any Mini-bids already submitted to an Authorized User. Price decreases may be made at any time. Additionally, some price decreases shall be calculated in accordance with Appendix B, section 17, Pricing.

  • Mechanics Except as otherwise provided in this Article, the mechanics for the deduction of representation fees and the transmission of such fees to the Association will, as nearly as possible, be the same as those used for the deduction and transmission of regular membership dues to the Association.

  • CONTINGENT ASSIGNMENT OF SUBCONTRACTS ‌ In the event of any suspension or termination of the Construction Contract, Contractor is hereby deemed to have offered to assign to City all its interest in contracts with Subcontractors now or hereafter entered into by Contractor for performance of any part of the Work. The assignment will be effective upon acceptance by City in writing and only as to those contracts which City designates in writing. City may accept, at its sole election, said assignment at any time during the course of the Work and prior to Final Completion in the event of a suspension or termination of Contractor's rights under the Contract Documents. Such assignment is part of the consideration to City for entering into the Contract with Contractor and may not be withdrawn prior to Final Completion.

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