Common use of Updated Budgets and Financing Plans Clause in Contracts

Updated Budgets and Financing Plans. Within thirty (30) days of Xxxxxx’s receipt of the Preliminary Construction Documents and of the Final Construction Documents, Tenant shall submit to Landlord for Landlord’s review and approval an updated estimated Budget of total development costs for the Initial Improvements, prepared at a level of detail commensurate with the stage of design expressed in the drawings then under review, and to the extent the Budget differs from the Budget previously submitted, shall also submit to City, for City's information, an updated Financing Plan setting forth anticipated sources and uses of funds within of the updated Budget.

Updated Budgets and Financing Plans. Within thirty (30) days of XxxxxxTenant’s receipt of the Preliminary Construction Documents and of the Final Construction Documents, Tenant shall submit to Landlord for Landlord’s review and approval an updated estimated Budget of total development costs for the Initial Improvements, prepared at a level of detail commensurate with the stage of design expressed in the drawings then under review, and to the extent the Budget differs from the Budget previously submitted, shall also submit to City, for City's information, an updated Financing Plan setting forth anticipated sources and uses of funds within of the updated Budget.