Examples of Continuing Covenant Agreement in a sentence
Net Proceeds resulting from casualty to or condemnation of the Project shall be applied as provided in the Continuing Covenant Agreement and, to the extent consistent therewith, Section 3.01(b)(i) hereof.
The Fiscal Agent shall have no right or duty to determine whether any requested disbursement from the Project Loan Fund complies with the terms, conditions and provisions of the Construction Continuing Covenant Agreement.
All words and phrases (except for Event of Default) defined in the Funding Loan Agreement and the Continuing Covenant Agreement shall have the same meanings for the purposes of this Project Loan Agreement.
All Notices required under this Guaranty will be provided in accordance with the requirements of Section 11.03 of the Continuing Covenant Agreement.
The obligations of Guarantor under this Guaranty must be performed without demand by Funding Lender and will be unconditional regardless of the genuineness, validity, regularity or enforceability of the Project Note, the Continuing Covenant Agreement, or any other Financing Document, and without regard to any other circumstance which might otherwise constitute a legal or equitable discharge of a surety, a guarantor, a borrower or a mortgagor.