Submission of Applications; Additional Representations Sample Clauses

Submission of Applications; Additional Representations. (a) All Advances shall be made by Lender to or for the benefit of Borrower, but not more often than once a month. All such Advances shall be made as the construction progresses upon written applications for payment (“Applications”) by Borrower which Applications, at Lender’s request, shall be accompanied by invoices or paid receipts of the persons or entities for whose labor or materials payment is being sought or other evidence of payment due which is acceptable to Lender. Applications shall be submitted only for work completed and materials, free of any lien, encumbrance or security interest, physically incorporated into the construction of the New Improvements or suitably stored on the Premises with Lender’s prior approval.
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Submission of Applications; Additional Representations. 45 9.3. Advances of Loan Components. 46 9.4. Limitations on Advances. 46 9.5. Municipal Site Improvements. 47 9.6. Hard Cost Contingency. 48 9.7. Equity. 48 9.8. Retainage. 49 9.9. Payor; Payees. 49 9.10. Advances to Preserve Security for Loan. 49 9.11. Limitation of Lender’s Liability. 50 9.12. Deduction of Fees. 50 Article 10 EVENTS OF DEFAULT 50 10.1. Events of Default. 50 10.2. Acceleration and Remedies. 52 Article 11 MISCELLANEOUS 54 11.1. Notices. 54 11.2. Prior Understandings; Entire Agreement. 55 11.3. Severability. 56 11.4. Descriptive Headings; Governing Law. 56 11.5. Publicity. 56 11.6. Non-Merger of Remedies. 56 11.7. No Implied Waiver; Cumulative Remedies. 57 11.8. Amendments. 57 11.9. Successors and Assigns. 57 11.10. Counterparts; Photocopied or Telecopied Signature Pages. 58 11.11. Indemnification. 58 11.12. Expenses. 59

Related to Submission of Applications; Additional Representations

  • Additional Representations Section 3 is hereby amended by adding at the end thereof the following Subparagraphs:

  • Submission of Agreement Submission of this Lease to Tenant for signature does not constitute a reservation of space or an option to acquire a right of entry. This Lease is not binding or effective until execution by and delivery to both Landlord and Tenant.

  • Additional Representation Section 3 is amended by the addition at the end thereof of the following additional representations (provided that the representation in Section 3(h) will be made by Party A only):

  • No Additional Representations The Company acknowledges that the Purchaser makes no representations or warranties as to any matter whatsoever except as expressly set forth in this Agreement or in any certificate delivered by the Purchaser to the Company in accordance with the terms hereof and thereof.

  • Application of Agreement Under no circumstances shall the Executive be entitled to payments pursuant to both Section 7 and Section 8 of this Agreement.

  • ERISA Representations Each Note Owner that is subject to Title I of ERISA, Section 4975 of the Code or Similar Law, by accepting an interest or participation in a Note, is deemed to represent that its purchase, holding and disposition of that interest or participation is not and will not result in a non-exempt prohibited transaction under Title I of ERISA or Section 4975 of the Code due to the applicability of a statutory or administrative exemption from the prohibited transaction rules (or, if the Note Owner is subject to Similar Law, the purchase, holding and disposition is not and will not result in a non-exempt violation of that Similar Law).

  • General Representations Each Party hereby represents and warrants to the other Party as follows:

  • Additional Representations and Warranties The representations and warranties regarding creation, perfection and priority of security interests in the Receivables, which are attached to this Agreement as Exhibit C, are true and correct to the extent they are applicable.

  • Additional Representations, Warranties and Covenants Borrowers and Guarantors, jointly and severally, represent, warrant and covenant with and to Agent and Lenders as follows, which representations, warranties and covenants are continuing and shall survive the execution and delivery hereof, and the truth and accuracy of, or compliance with each, together with the representations, warranties and covenants in the other Financing Agreements, being a continuing condition of the making of Loans by Lenders to Borrowers:

  • Additional Representations and Warranties of the Trustee (a) The Trustee shall be deemed to represent and warrant to the Company as of the Closing Date and on each date on which information is provided to the Company under Sections 12.01, 12.02(b) or 12.03 that, except as disclosed in writing to the Company prior to such date: (i) it is not aware and has not received notice that any default, early amortization or other performance triggering event has occurred as to any other Securitization Transaction due to any default of the Trustee; (ii) there are no aspects of its financial condition that could have a material adverse effect on the performance by it of its trustee obligations under this Agreement or any other Securitization Transaction as to which it is the trustee; (iii) there are no material legal or governmental proceedings pending (or known to be contemplated) against it that would be material to Certificateholders; (iv) there are no relationships or transactions (as described in Item 1119(b) of Regulation AB) relating to the Trustee with respect to the Company or any sponsor, issuing entity, servicer, trustee, originator, significant obligor, enhancement or support provider or other material transaction party (as each of such terms are used in Regulation AB) relating to the Securitization Transaction contemplated by the Agreement, as identified by the Company to the Trustee in writing as of the Closing Date (each, a "Transaction Party") that are outside the ordinary course of business or on terms other than would be obtained in an arm's length transaction with an unrelated third party, apart from the Securitization Transaction, and that are material to the investors' understanding of the Certificates; and (v) the Trustee is not an affiliate (as contemplated by Item 1119(a) of Regulation AB) of any Transaction Party. The Company shall notify the Trustee of any change in the identity of a Transaction Party after the Closing Date.

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