Use Permit Funding Sample Clauses

Use Permit Funding. DADE shall advance up to $75,000 to DISTRIBUTION to be used exclusively to obtain the Use Permit from the City of Miami and to complete any additional work required for operation of the Center. DADE shall pre-approve all work, invoices and payments related to the use of the $75,000. DADE shall be reimbursed for the money advanced by retaining 50% of DISTRIBUTION'S share of the Gross Amount Collected as described in Paragraph 7 until the advanced amount is reimbursed in full. Interest will accrue at a rate of 7% on the unpaid balance until paid in full. In the event that DADE terminates this Agreement in accordance with the terms hereof and the money advanced and interest accrued has not been reimbursed in full, then DISTRIBUTION shall reimburse DADE the unpaid principal and accrued interest within thirty (30) days of DADE'S termination of the Agreement.
Sample 1
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Related to Use Permit Funding

  • Building Permits All building permits required for the construction of the Improvements have been obtained prior to the commencement of the construction of the Improvements and copies of same will be delivered to Lessor.

  • Environmental Site Assessment Lender shall have the right, at any time and from time to time, to undertake an environmental site assessment on the Property, including any testing that Lender may determine, in its sole discretion, is necessary or desirable to ascertain the environmental condition of the Property and the compliance of the Property with Requirements of Environmental Laws. Borrower shall cooperate fully with Lender and its consultants performing such assessments and tests. If Lender undertakes such assessments because Lender reasonably believes contamination has occurred, or if the assessment reveals contamination not previously known to Lender, the expense of such assessment shall be paid by the Borrower. Otherwise, any such assessment shall be at Lender's expense.

  • Environmental, Health and Safety Matters (a) The Company has complied and is in compliance with all Environmental, Health, and Safety Requirements.

  • Permits and Compliance 16 Section 3.9

  • Environmental Site Assessments Upon request by Landlord during the Term of this Lease, prior to the exercise of any renewal Term and/or prior to vacating the Premises, Tenant will obtain and submit to Landlord an environmental site assessment from an environmental consulting company reasonably acceptable to Landlord.

  • Environmental and Safety Matters Except as disclosed in Schedule 4.13:

  • All Necessary Permits, etc The Company and each subsidiary possess such valid and current certificates, authorizations or permits issued by the appropriate state, federal or foreign regulatory agencies or bodies necessary to conduct their respective businesses, and neither the Company nor any subsidiary has received any notice of proceedings relating to the revocation or modification of, or non-compliance with, any such certificate, authorization or permit which, singly or in the aggregate, if the subject of an unfavorable decision, ruling or finding, could result in a Material Adverse Change.

  • Compliance; Permits 10 2.7 SEC Filings; Financial Statements..................................................................11 2.8

  • APPROVALS OF THIRD PARTIES AND PERMITS AND CONSENTS Pentegra shall use its best efforts to secure all necessary approvals and consents of third parties to the consummation of the transactions contemplated hereby.

  • Access to Properties Subject to the rights of Tenants, Borrower shall permit agents, representatives and employees of Lender to inspect the Properties or any part thereof at reasonable hours upon reasonable advance notice.

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