Common use of Return of Financial Close Security Clause in Contracts

Return of Financial Close Security. Upon Financial Close being successfully achieved in accordance with the terms of this Agreement, the Department will return the Financial Close Security to the Developer within two Business Days of Financial Close.

Appears in 4 contracts

Samples: Comprehensive Agreement, Comprehensive Agreement, Comprehensive Agreement

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Return of Financial Close Security. Upon Financial Close being successfully achieved in accordance with the terms of this Agreement, the The Department will return the Financial Close Security to the Developer within two Business Days of (1) the Developer successfully achieving Financial Close.Close in accordance with the terms of this Agreement, and (2) the Developer’s payment in full of the Concession Fee.‌

Appears in 2 contracts

Samples: Comprehensive Agreement, Comprehensive Agreement

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