Cost to Complete Certificate definition
Examples of Cost to Complete Certificate in a sentence
All information and disclosure in the most recent Cost to Complete Certificate delivered to the Administrative Agent and the Technical Agent by the Borrower was true and correct in all material respects when delivered.
Any such credit reduction notice with respect to the Total Commitment Amount shall specify the Tranche(s) to which the reduction applies and shall be accompanied by a Cost to Complete Certificate referencing, amongst other things, the amount of Available Credit after giving effect to the aforementioned reduction.
Any such Prepayment Notice with respect to any voluntary prepayment of the Credit Facility prior to the Completion Date shall be accompanied by a Cost to Complete Certificate referencing, amongst other things, the amount of Available Credit after giving effect to such voluntary prepayment.
Within 2 Business Days after the D&C Independent Certifier gives a payment statement under clause 21.3 of the Main Tunnel D&C Deed, the Independent Certifier will issue a Cost to Complete Certificate to RMS, with a copy to the State Works Contractor.
The Borrower shall have delivered to the Administrative Agent an initial Cost to Complete Certificate approved by the Independent Engineer.
The Notice of Disbursement shall include as attachments all certificates and documentation required to be attached thereto pursuant to Section 11.03 and each other applicable Financing Document, including the most recent approved Cost to Complete Certificate.
In the event that the Majority Secured Parties accept such certificate, such certificate shall constitute a Cost to Complete Certificate notwithstanding the lack of a countersignature by the Independent Engineer.
The Notice of Project Costs shall include as an attachment the most recent Cost to Complete Certificate approved pursuant to Section 6.01(b); provided that the Borrower shall not be permitted to designate a Project Cost Funding Date unless such Cost to Complete Certificate has been approved within sixty (60) days immediately preceding the requested Project Cost Funding Date.
A Cost to Complete Certificate delivered by the Borrower pursuant to Section 10.1(a)(ix) shall satisfy the relevant condition precedent related to the delivery of a Cost to Complete Certificate under ARTICLE 11 with respect to any extension of credit under the Credit Facility provided such Cost to Complete Certificate is given at a date no earlier than ten Banking Days prior to the date of the requested extension of credit.
The Borrower shall have delivered to the Administrative Agent a copy of the most recent Cost to Complete Certificate approved pursuant to Section 6.01(b), provided that such Cost to Complete Certificate shall have been so approved within sixty (60) days immediately preceding the Requested Disbursement Date.