Common use of Requesting an Advance Clause in Contracts

Requesting an Advance. A written request for an advance is to must be made on the Proponent’s letterhead and must: (a) specify the amount of the advance being requested and which milestone has been reached in accordance with the Funding schedule set out in Section 4.4; (b) include documentation to substantiate the achievement of the milestone (example: copy of the building permit); and (c) include a statement that all insurance coverage remains in place.

Appears in 2 contracts

Samples: Contribution Agreement, Contribution Agreement

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Requesting an Advance. A written request for an advance is to must be made on the Proponent’s letterhead and must: (a) specify the amount of the advance being requested and which milestone has been reached in accordance with the Funding schedule set out in Section 4.4; (b) include documentation to substantiate the achievement of the milestone (example: copy of the building permit); and (c) include a statement that all insurance coverage remains in place.

Appears in 2 contracts

Samples: Contribution Agreement, Contribution Agreement

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Requesting an Advance. A written request for an advance is to must be made for an advance, on the Proponent’s letterhead and the request must: (a) specify the amount of the advance being requested and which milestone has been reached in accordance with the Funding schedule Schedule set out in Section 4.4above; (b) include documentation to substantiate for the achievement of second advance, provide the milestone (example: copy of the building permit)required report from a cost consultant or quantity surveyor; and (c) include a statement that all insurance coverage remains in place.

Appears in 1 contract

Samples: Contribution Agreement

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