Payment Assurances Sample Clauses
Payment Assurances. The Buyer fails to provide the Margin or the Seller fails to return the Surplus Margin in accordance with Clause 10.2 (Exposure Calculations and Payment Assurances).
Payment Assurances. Authorizes the issuance of the building permit prior to the payment of the ACHD impact fee. Until the impact fee has been paid, the o City will not conduct inspection for an occupancy permit; o City will withhold utility services and other approvals for the Project; and o Developer waives right to assert any property right claim relating occupancy of the Project.
Payment Assurances. If ERP is required by Paragraph 5.2 to make a payment to USL, within the 20 day period described in clause (ii) of Paragraph 5.2, ERP will pay the amount required by that clause to USL by wire transfer of immediately available funds to a bank account specified by USL. In order to ensure that ERP will by able to make that payment, until there is a final determination of the amount USL or ERP will be required by Paragraph 5.2 to pay, and if ERP is required to make the payment, until it makes that payment; ERP will maintain immediate borrowing availability under its loan agreements of at least $2 million.