Common use of Notice of Refinancing Clause in Contracts

Notice of Refinancing. In connection with any Refinancing (except an Exempt Refinancing under clause (b), (c) or (d) of the definition of Exempt Refinancing), Developer shall deliver to TxDOT (a) draft proposed Funding Agreements and Security Documents (other than minor ancillary documents normally delivered after financial closing and containing no new material commercial terms) and the Pre-Refinancing Data not later than 14 days prior to the proposed date for closing the Refinancing and (b) copies of all signed Funding Agreements and Security Documents in connection with the Refinancing and the Refinancing Data not later than 30 days after close of the Refinancing.