Project Construction. Any Project Company shall not enter into a binding commitment providing for the construction of all or substantially all of a Project until the earliest to occur of (i) the closing of construction financing for all or substantially all of the construction expenditures for such Project, (ii) the Budget Termination Event and (iii) the Release Event.
Appears in 4 contracts
Samples: Guaranty, Guaranty (First Wind Holdings Inc.), Guaranty (First Wind Holdings Inc.)
