TDD Financing Sample Clauses

TDD Financing. The costs of the TDD Improvements (the "TDD Improvement Costs") are specifically identified in the "TOTAL TDD USES" column on the Project Budget attached hereto as Exhibit N M and will generally be funded by private equity and debt ("Private Funds"). Subject to the terms and conditions of this Second Amended and Restated Agreement, the TDD Improvement Costs shall be reimbursed in part with TDD Sales Tax Proceeds. Developer, using Private Funds, will initially advance all of the costs for the design, development and construction of the TDD Improvements (excluding the Interchange). Subject to the terms and conditions of this Second Amended and Restated Agreement, including without limitation, (a) the TDD Cap set forth in Section 4.04(b) below, (b) the TDD Administrative Fee, and (c) KDOT's rights to the first $11,000,000 of the TDD Sales Tax Proceeds as set forth in Section 4.04(a) below, Developer shall be reimbursed for eligible TDD Improvement Costs from and to the extent of the TDD Sales Tax Proceeds collected during the Term.
Sample 1
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TDD Financing. The Parties hereby agree that the proceeds from the TDD Sales Tax shall be disbursed by the City quarterly from the TDD Sales Tax Fund on a pay-as-you-go basis ("Pay-As-You-Go TDD Financing"), to pay KDOT and/or reimburse the Developer for eligible TDD Improvement Costs, if and to the extent that (i) there are TDD Sales Tax Proceeds in the TDD Sales Tax Fund, (ii) Developer has fully satisfied all of the conditions as set forth in Section 4.05, (iii) the Term has not yet expired, (iv) Developer has not already been reimbursed for eligible TDD Improvement Costs in an amount equal to the TDD Cap (as defined below), and (v) Developer is not in default under the terms and conditions of this Second Amended and Restated Agreement. Notwithstanding anything herein to the contrary, TDD Sales Tax Proceeds deposited in the TDD Sales Tax Fund prior to the expiration of the Term may be disbursed to Developer following expiration of the Term. The Parties further agree as follows:
Sample 1

Related to TDD Financing

  • Bank Financing The Buyer’s ability to purchase the Property is contingent upon the Buyer’s ability to obtain financing under the following conditions: (check one) ☐ - Conventional Loan ☐ - FHA Loan (Attach Required Addendums) ☐ - VA Loan (Attach Required Addendums) ☐ - Other:

  • Seller Financing Seller agrees to provide financing to the Buyer under the following terms and conditions:

  • Equity Financing If there is an Equity Financing before the expiration or termination of this instrument, the Company will automatically issue to the Investor a number of shares of Safe Preferred Stock equal to the Purchase Amount divided by the Conversion Price. In connection with the issuance of Safe Preferred Stock by the Company to the Investor pursuant to this Section 1(a):

  • Financing Anthem has delivered to Cigna (i) a correct and complete fully executed copy of the commitment letter, dated as of July 23, 2015, among Anthem, Bank of America, N.A., Xxxxxxx Lynch, Pierce, Xxxxxx & Xxxxx Incorporated, Credit Suisse AG, Credit Suisse Securities (USA) LLC, UBS Securities LLC and UBS AG, including all exhibits, schedules, annexes and amendments to such letter in effect as of the date of this Agreement and (ii) a correct and complete fully executed copy of the fee letter referenced therein (together, the “Commitment Letter”) (it being understood that such fee letter has been redacted to omit the fee amounts). Pursuant to, and subject to the terms and conditions of, the Commitment Letter, the commitment parties thereunder have committed to lend the amounts set forth therein (the provision of such funds as set forth therein, the “Financing”) for the purposes set forth in such Commitment Letter. The Commitment Letter has not been amended, restated or otherwise modified or waived prior to the execution and delivery of this Agreement, and the respective commitments contained in the Commitment Letter have not been withdrawn, rescinded, amended, restated or otherwise modified in any respect prior to the execution and delivery of this Agreement. As of the execution and delivery of this Agreement, the Commitment Letter is in full force and effect and constitutes the legal, valid and binding obligation of each of Anthem and, to the Knowledge of Xxxxxx, xxx other parties thereto, enforceable in accordance with its terms against Anthem and, to the Knowledge of Anthem, each of the other parties thereto, except as limited by laws affecting the enforcement of creditors’ rights generally, by general equitable principles or by the discretion of any Governmental Entity before which any proceeding seeking enforcement may be brought. There are no conditions precedent related to the funding of the full amount of the Financing pursuant to the Commitment Letter, other than as expressly set forth in the Commitment Letter. Subject to the terms and conditions of the Commitment Letter, and assuming the accuracy of Cigna’s representations and warranties contained in Section 3.2 in all material respects, the net proceeds contemplated from the Financing, together with other financial resources of Anthem, will, in the aggregate, be sufficient for the payment of the Cash Consideration, any other amounts required to be paid pursuant to Article II and any other fees and expenses reasonably expected to be incurred in connection with this Agreement, the Mergers and the other transactions contemplated hereby. As of the execution and delivery of this Agreement, (i) no event has occurred which would constitute a breach or default (or an event which with notice or lapse of time or both would constitute a default) or result in a failure to satisfy a condition precedent, in each case, on the part of Anthem or, to the Knowledge of Anthem, any other party to the Commitment Letter, under the Commitment Letter, and (ii) Anthem does not have any reason to believe that any of the conditions to the Financing will not be satisfied or that the Financing or any other funds necessary for the satisfaction of all of Anthem’s and its Subsidiaries’ obligations under this Agreement will not be available to Anthem on the Closing Date. Anthem has fully paid all commitment fees or other fees to the extent required to be paid on or prior to the date of this Agreement in connection with the Financing.

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