Common use of Reimbursement Obligation Accrues Upon Acceptance Clause in Contracts

Reimbursement Obligation Accrues Upon Acceptance. The Parties acknowledge and agree that TSVI may transfer completed Eligible Infrastructure components to the Village and, as applicable the Utility Entities, prior to the issuance of District Bonds.

Reimbursement Obligation Accrues Upon Acceptance. The Parties acknowledge and agree that TSVI may transfer completed Eligible Infrastructure components to the Village andVillage, as including Offsite Utility Infrastructure for subsequent transfer to the applicable the Utility Entities, prior to the issuance of District BondsTIDD Bonds. If a PID is formed in the future and becomes a party to this Agreement, the provisions of this Subsection E and subparagraphs hereunder shall also be applicable in connection with financing provided by the PID.

Reimbursement Obligation Accrues Upon Acceptance. The Parties acknowledge and agree that TSVI may transfer completed Eligible Infrastructure components to the Village andVillage, as including Offsite Utility Infrastructure for subsequent transfer to the applicable the Utility Entities, prior to the issuance of District Bonds.