XXXAGRAPH 3 Sample Clauses

XXXAGRAPH 3. The following is added at the end of sub-paragraph (b) to Paragraph 3: "Builder shall provide to Owner at the time of the notice required by the immediately preceding paragraph, all written substantiation of completion of the relevant Milestone event to support all payments required to be made hereunder as Owner may reasonably request in order to make timely application to obtain the proceeds of the Obligations for such payments. Upon receipt of such written substantiation from Builder, Owner shall submit to the Secretary a Request for Disbursements under the Credit Agreement relating to the Obligations. Upon receipt of the Secretary's approval to such Request, Owner shall drawdown the amount pursuant to the Credit Agreement and payment shall be made directly from the Lender under the Credit Agreement to Builder."
Sample 1
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Related to XXXAGRAPH 3

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