Project Commitments. This Agreement may not be rescinded or terminated, and Zone 7, MCWRA, and Watsonville may not withdraw from this Agreement while that Party’s contributions under this Agreement are used to fund Project Commitments, unless the PRFMA or another public agency has provided such reasonable written assurances to perform those Project Commitments as may be requested by the State, the Federal government, or other contracting parties to those Project Commitments. The PRFMA may assume Project Commitments of a Party by resolution of the PRFMA Board and in no other fashion.
Project Commitments. This Agreement may not be rescinded or terminated, the Agency dissolved, and no Member Agency may withdraw from the Agency while the Agency has outstanding Project Commitments unless another public agency has provided such reasonable written assurances to perform those Project Commitments as the State, the Federal government, or other contracting parties as to those Project Commitments may request. The Agency may assume Project Commitments of a Member Agency by resolution of the Board and in no other fashion. LIABILITY OF BOARD
Project Commitments. This Award Agreement is based on Applicant’s compliance with certain continuing commitments regarding the Project, as more fully described and as contained in the Regulatory Agreements and the Application, including without limitation the following:
Project Commitments. I. Categorical Exclusion Approval STIP Project No. WBS Element Federal Project No. Prepared By: Date <Name, Title> <Organization> Prepared For: <Organization> Reviewed By: Date <Name, Title> <Organization> ☐ Approved If Type I (Non-Ground Disturbing) Categorical Exclusion with an answer of “no” to question 3. If Type I or Type II (Ground Disturbing) Categorical Exclusions with an answer of “no” to all of the threshold questions (1 through 7) of Section F.
Project Commitments. Subject to the terms and conditions of this Agreement, each Lender severally shall make Project Advances to the Borrower on any Business Day on or prior to earlier of (A) the 60th day following the Second Completion Date and (B) the Date Certain. Any Project Advance or portion thereof which is prepaid cannot be reborrowed. At no time shall the aggregate principal amount of all outstanding Project Advances exceed the Aggregate Project Commitment. Each Lender's obligation to make Project Advances shall not in any event exceed the amount set forth next to such Lender's name as its "Project Commitment" on Schedule 1. Each Borrowing shall be in an aggregate amount not less than $1,000,000 or an integral multiple of $100,000 in excess thereof (or such lesser amount as shall be equal to the total amount of the unused Project Commitments available on such date). Each Lender's Project Commitment shall be reduced by the amount and on the date of such Lender's Project Advance. The Project Commitments shall terminate in their entirety at the earliest of (i) full utilization of the Aggregate Project Commitment and (ii) the earlier of (x) the Date Certain and (y) the 60th day following the Second Completion Date, unless earlier terminated by the Administrative Agent pursuant to Section 8.01 following the occurrence and during the continuation of a Borrower Event of Default.
Project Commitments. The Company hereby agrees, warrants and commits that the Project will result in the following:
Project Commitments
