Common use of Procedures for Completion Clause in Contracts

Procedures for Completion. 4.1 In the event that Borrower fails to perform all of its Obligations under the Loan Agreement relating to construction of the Project and causing the Project to be Legally Open, then in any such event or at any time thereafter, the Administrative Agent may give written notice to Completion Guarantors of the occurrence of such event.

Procedures for Completion. 4.1 5.1 In the event that Borrower fails to perform all of its Obligations under the Loan Agreement relating to construction of the Project and causing the Project to be Legally OpenProject, then in any such event or at any time thereafter, the Administrative Managing Agent may give written notice to Completion Guarantors of the occurrence of such event.

Procedures for Completion. 4.1 In the event that Borrower fails to perform all of its Obligations under the Loan Agreement relating to construction of the Phase II Project and causing the Phase II Project to be Legally Open, then in any such event or at any time thereafter, the Administrative Agent may give written notice to Completion Guarantors of the occurrence of such event.