Common use of Use of Project Funds Clause in Contracts

Use of Project Funds. The Project Funds are to be used, to the extent sufficient therefore, solely for the payment of Project costs set forth in the Project Budget.

Appears in 4 contracts

Samples: Leasehold Improvement Agreement (Balanced Care Corp), Leasehold Improvement Agreement (Balanced Care Corp), Leasehold Improvement Agreement (Emeritus Corp\wa\)

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Use of Project Funds. The Project Funds are to be used, to the extent sufficient thereforetherefor, solely for the payment of Project costs set forth in the Project Budget.

Appears in 2 contracts

Samples: Leasehold Improvement Agreement (Emeritus Corp\wa\), Leasehold Improvement Agreement (Emeritus Corp\wa\)

Use of Project Funds. The Project Funds are to be used, to the extent sufficient therefore, solely for the payment of Project costs set forth in the Project Budget. Without limiting any other provision set forth herein, in the event that the total amount of the Project Funds is not sufficient for the payment of the Project costs set forth in the Project Budget (or the actual costs incurred in connection with the completion of construction of the Project), the Developer shall, nevertheless, remain obligated, at its sole cost and expense, to complete the construction of the Project in accordance with the terms hereof.

Appears in 2 contracts

Samples: Leasehold Improvement Agreement (Balanced Care Corp), Leasehold Improvement Agreement (Balanced Care Corp)

Use of Project Funds. The Project Funds are to be used, to the extent sufficient thereforetherefor, solely for the payment of Project costs set forth in the Project Budget.. 2

Appears in 1 contract

Samples: Leasehold Improvement Agreement (Emeritus Corp\wa\)

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Use of Project Funds. The Project Funds are will be used solely to be used, to the extent sufficient therefore, solely for the payment pay Reimbursable Project Costs incurred as part of Project costs set forth in the Project Budgetand allowed by this Agreement and for no other purpose.

Appears in 1 contract

Samples: Development Agreement

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