Examples of Borrower Related Parties in a sentence
Within thirty (30) calendar days after the Borrower learns of the occurrence of an event specified in Section 16(g)(i) (Notice) (other than in Section 16(g)(i)(A) (Substantial Completion), Section 16(g)(i)(G) (Amendments), or Section 16(g)(i)(K) (Ratings Changes) (in the case of a ratings upgrade)), the Borrower’s Authorized Representative shall provide a statement to the TIFIA Lender setting forth the actions the Borrower Related Parties propose to take with respect thereto.
All Governmental Approvals required as of the Effective Date and any subsequent date on which this representation is made (or deemed made) for the undertaking and completion of the Project, and for the operation and management thereof, have been obtained or effected by the Borrower Related Parties and are in full force and effect and there is no basis for, nor proceeding that is pending or threatened that could reasonably be expected to result in, the revocation of any such Governmental Approval.
Environmental Science and Technology 41: 1771-1776.Davidson, C.; Shaffer, H.B. 1999.
All Governmental Approvals for the Project relating to Environmental Laws have been, or, when required, will be, obtained by the Borrower Related Parties and are (or, as applicable, will be) in full force and effect.
The Borrower agrees to cooperate with the other Borrower Related Parties, the FTA Regional Office, its agents and representatives in carrying out their duties under this Agreement, the FFGA and the FTA Master Agreement.
Operation of the Project shall cease for a continuous period of not less than one hundred eighty (180) days unless such cessation of operations shall occur by reason of an Uncontrollable Force that is not due to the fault of any Borrower Related Party (and which none of the Borrower Related Parties could reasonably have avoided or mitigated).
The Borrower shall have demonstrated to the TIFIA Lender’s satisfaction that the Borrower Related Parties have obtained all Governmental Approvals necessary to commence construction of the Project and that all such Governmental Approvals are final, non-appealable, and in full force and effect (and are not subject to any notice of violation, breach, or revocation).
The Borrower shall have provided evidence satisfactory to the TIFIA Lender of compliance by the Borrower Related Parties with (A) NEPA, and (B) all applicable requirements of the Uniform Relocation Assistance and Real Property Acquisition Policies Act of 1970 (42 U.S.C. § 4601 et seq.) and Title VI of the Civil Rights Act of 1964 (42 U.S.C. § 2000d et seq.) and shall have provided evidence satisfactory to the TIFIA Lender of such compliance upon request by the TIFIA Lender.
The Borrower Related Parties have delivered to the TIFIA Lender a fully executed, complete, and correct copy of each Principal Project Contract, and each Additional Project Contract required to be delivered to, or requested by, the TIFIA Lender pursuant to Section 16(b) (Copies of Documents) (including, in each case, allexhibits, schedules and other attachments) that is in effect, including any amendments or modifications thereto and any related credit support instruments or side letters.
There shall exist any material adverse change in circumstances regarding the Property, Borrower, Related Parties, manager, material tenants, or, provided Rate Lock has not occurred or if Rate Lock has occurred, it has expired, the value of the Loan Financing.