Recovery Act Requirements Sample Clauses

Recovery Act Requirements. The Loan Servicer shall have received, in form and substance satisfactory to each Relevant Credit Party, a Borrower Certificate stating that the Borrower is in compliance with and has taken all necessary steps to be able to timely comply in all material respects with (A) its reporting obligations under Section 6.29(a) with respect to the Recovery Act and (B) the requirements set forth in Section 6.30 and
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Recovery Act Requirements. Subrecipient understands and agrees that the Grant funds received under this Agreement is authorized by the Recovery Act. The stated purposes of the Recovery Act are: to preserve and create jobs and promote economic recovery; to assist those most impacted by the recession; to provide investments needed to increase economic efficiency by spurring technological advances in science and health; to invest in transportation, environmental protection, and other infrastructure that will provide long-term economic benefits; and to stabilize state and local government budgets, in order to minimize and avoid reductions in essential services and counterproductive state and local tax increases. The Recovery Act places great emphasis on accountability and transparency in the use of taxpayer dollars. Subrecipient shall comply with all applicable requirements, regulations and guidance of the Recovery Act as it relates to this Grant and the performance of this Agreement. Such requirements, regulations and guidance include, but are not limited to, the following:
Recovery Act Requirements. The Government intends to fund reimbursement to the Non-Federal Sponsor, pursuant to Article II.D. of this design/construction agreement, with Recovery Act funds in whole or in part. The Recovery Act requires special reporting by recipients of Recovery Act funds in order to maximize transparency of the use of Recovery Act funds. Not later than ten calendar days after the close of each calendar quarter in which the Non-Federal Sponsor receives Recovery Act funds, the Non-Federal Sponsor shall report the information described in Section 1512(c) of the Recovery Act using the reporting instructions and data elements available online at that time at xxxx://xxx.XxxxxxxXxxxxxxxx.xxx or its successor, and shall ensure that any information that is pre-filled is corrected or updated as appropriate. Information from these reports will be made
Recovery Act Requirements. The Loan Servicer shall have received a certificate of an Authorized Official of the Borrower, as of a date not earlier than fifteen Business Days prior to the relevant Advance Date (or such shorter period acceptable to the Loan Servicer), stating that the Borrower has timely complied in all material respects with its reporting requirements under Section 6.24(a) with respect to the Recovery Act.
Recovery Act Requirements. DOE has received an Officer’s Certificate of the Borrower, substantially in the form of Exhibit W, dated as of a date not earlier than fifteen (15) Business Days prior to the relevant Requested Advance Date, stating that the Borrower has timely complied in all material respects with its reporting obligations under Section 6.24(a) with respect to the Recovery Act.

Related to Recovery Act Requirements

  • Xxxxxxxx-Xxxxx Act Requirements To the extent any documents are required to be filed or any certification is required to be made with respect to the Issuer or the Notes pursuant to the Xxxxxxxx-Xxxxx Act, the Issuer hereby authorizes the Servicer and the Seller, or either of them, to prepare, sign, certify and file any such documents or certifications on behalf of the Issuer.

  • Compliance with Securities Act Requirements (i) (A) At the time the Registration Statement initially became effective, (B) at the time of each amendment thereto for the purposes of complying with Section 10(a)(3) of the Act (whether by post-effective amendment, incorporated report or form of prospectus), (C) at the Effective Time relating to the Offered Securities and (D) on the Closing Date, the Registration Statement conformed and will conform in all material respects to the requirements of the Act, the Trust Indenture Act and the Rules and Regulations and did not and will not include any untrue statement of a material fact or omit to state any material fact required to be stated therein or necessary to make the statements therein not misleading and (ii) (A) on its date, (B) at the time of filing the Final Prospectus pursuant to Rule 424(b) and (C) on the Closing Date, the Final Prospectus will conform in all material respects to the requirements of the Act, the Trust Indenture Act and the Rules and Regulations, and will not include any untrue statement of a material fact or omit to state any material fact required to be stated therein or necessary to make the statements therein not misleading. The preceding sentence does not apply to statements in or omissions from any such document based upon written information furnished to the Company by any Underwriter through the Representatives specifically for use therein, it being understood and agreed that the only such information is that described as such in Section 8(b) hereof.

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