Draw Request Certification definition

Draw Request Certification means a certification from Borrower to accompany all Draw Requests under this Agreement, in the form of Exhibit C-2 attached hereto.
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Draw Request Certification means, with respect to a requested disbursement of the Loan to fund Qualified Project Expenditures, a certification of the Borrower in the form of EXHIBIT F.
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Draw Request Certification means, with respect to a requested disbursement of the Loan, a certification of Borrower delivered to the Lender in the form of Exhibit E.
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Examples of Draw Request Certification in a sentence

  • All Loan proceeds disbursed to Borrower pursuant to this Loan Agreement Supplement will be used only for payment of those items specified in the Draw Request Certification for which the particular disbursement was made.

  • The Draw Requests had to be accompanied by a Draw Request Certification containing affirmative representations by Waterscape to US Bank that, among other things, the funds being drawn would be applied to fund the Project as specified in the requisition.

  • The Draw Request Certification must specify the portion of such costs which will be paid out of the requested disbursement of Loan proceeds, and, if any portion of such costs are to be paid by the Borrower, the portion of such costs to be paid by the Borrower.

  • All Loan proceeds disbursed to the Borrower will be used only for payment (or for reimbursement to Borrower for prior payment) of those items specified in the Draw Request Certification for which the particular disbursement was made.

  • The foregoing submissions shall reflect the cost of all Development Work and Construction Improvements for which payment is to be made, and the Draw Request Certification shall specify the portion of such costs which shall be paid by Borrower and the portion thereof which will be paid out of the requested disbursement of Loan proceeds.

  • The foregoing submissions shall reflect the cost of all Development Work for which payment is to be made, and the Draw Request Certification shall specify the portion of such costs which will be paid out of the requested disbursement of Loan proceeds outside of the ABF Program, and, if any portion of such costs are to be paid by the Borrower, the portion of such costs to be paid by the Borrower.

  • In addition, Lender may, at its option, refuse to take action if a notice, certificate, Draw Request Certification, request or other document is delivered to Lender that has not been executed or delivered by such designated representatives of Borrower.

  • Included with this letter is the following: • Draw Request Certification • An updated Budget • Payee listing with copies of invoices and vendor names for which payment is being requested.

  • All Loan proceeds disbursed to Borrower as Qualified Project Expenditures pursuant to this Loan Agreement and the Loan Agreement Supplements will be used only for payment of those items specified in the Draw Request Certification for which the particular disbursement was made.

  • The Borrower acknowledges that the approval of this Draw Request by the Lender is subject to all of the terms and conditions precedent for a Disbursement, including without limitation, inspection of the Project by Project Inspector, verification of matters set forth in the Draw Request Certification, and the available Funding Sources.


More Definitions of Draw Request Certification

Draw Request Certification means, with respect to a requested disbursement of the Loan to fund Approved Costs for acquisition of Land, Improvements or Development Work, a certification of the Borrower delivered to the Lender substantially in the form of Exhibit E.
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Draw Request Certification. A certification from X.Xxx to accompany all Advances on the Real Estate Loan in the form of Exhibit B-2 attached hereto.
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Draw Request Certification. A certification from Borrower to accompany all Advances for Loan proceeds under this Agreement, in the form of Exhibit B-2 attached hereto.
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Draw Request Certification means a certification of Borrower delivered to the Lender requesting a disbursement of proceeds of the Loan, which certification shall be in substantially the form attached hereto as EXHIBIT I.
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Related to Draw Request Certification

  • Draw Request Any request by the Borrower, pursuant to Section 2.2 of this Agreement, for a disbursement of any portion of the proceeds of the Loan.

  • Investor Certification A certificate representing that such Person executing the certificate is a Certificateholder, a Certificate Owner or a prospective purchaser of a Certificate (or any investment advisor or manager of the foregoing), the Controlling Class Representative (to the extent the Controlling Class Representative is not a Certificateholder or a Certificate Owner), a Risk Retention Consultation Party (to the extent such Risk Retention Consultation Party is not a Certificateholder or Certificate Owner) or a Serviced Companion Loan Holder or its Companion Loan Holder Representative, and that (i) for purposes of obtaining certain information and notices (including access to information and notices on the Certificate Administrator’s Website) pursuant to this Agreement, (A) (1) in the case of a Person that is neither the Controlling Class Representative nor a Controlling Class Certificateholder, such Person is or is not a Borrower Party and such Person is or is not a Risk Retention Consultation Party or (2) in the case of the Controlling Class Representative or a Controlling Class Certificateholder, such Person is or is not a Borrower Party as to any identified Excluded Controlling Class Mortgage Loan, and (B) except in the case of a Serviced Companion Loan Holder or its Companion Loan Holder Representative, such Person has received a copy of the Prospectus, which certificate shall be substantially in the form of Exhibit X-0X, Xxxxxxx X-0X, Xxxxxxx X-0X, Exhibit M-1D or Exhibit M-1E to this Agreement or in the form of an electronic certification contained on the Certificate Administrator’s Website, and/or (ii) for purposes of exercising Voting Rights (which does not apply to a prospective purchaser of a Certificate, a Serviced Companion Loan Holder or its Companion Loan Holder Representative), (A) (1) such Person is not a Borrower Party or (2) in the case of the Controlling Class Representative or any Controlling Class Certificateholder, such Person is a Borrower Party as to any identified Excluded Controlling Class Mortgage Loan, (B) such Person is or is not the Depositor, the Master Servicer, the Special Servicer, an Excluded Mortgage Loan Special Servicer, the Trustee, the Certificate Administrator, the Operating Advisor, the Asset Representations Reviewer, a Mortgage Loan Seller or an Affiliate of any of the foregoing and (C) such Person has received a copy of the Prospectus, which certificate shall be substantially in the form of Exhibit M-2A or Exhibit M-2B to this Agreement or in the form of an electronic certification (which may be a click-through confirmation) contained on the Certificate Administrator’s Website or the Master Servicer’s website. The Certificate Administrator may require that Investor Certifications are resubmitted from time to time in accordance with its policies and procedures. For the avoidance of doubt if a Borrower Party is the Controlling Class Representative or a Controlling Class Certificateholder, such Person (A) shall be prohibited from having access to the Excluded Information solely with respect to the related Excluded Controlling Class Mortgage Loan and (B) shall not be permitted to exercise voting or control, consultation and/or special servicer appointment rights as a member of the Controlling Class solely with respect to the related Excluded Controlling Class Mortgage Loan.

  • Back-Up Certification As defined in Section 13.06.

  • Initial Certification As defined in Section 2.02(a) hereof.

  • Final Certification As defined in Section 2.02(a) hereof.

  • Interim Certification As defined in Section 2.02.

  • Advance Request Form means a certificate, in substantially the form of Exhibit A, properly completed and signed by Borrower requesting an Advance.

  • L/C Request has the meaning specified in Section 2.4(b).

  • Delay Delivery Certification As defined in Section 2.02(a) hereof.

  • NRSRO Certification A certification executed by a NRSRO in favor of the Issuer and the Information Agent that states that such NRSRO has provided the Issuer with the appropriate certifications under Exchange Act Rule 17g-5(a)(3)(iii)(B) and that such NRSRO has access to the 17g-5 Website.

  • Written certification means a statement signed by a treating physician or referral physician that

  • Advance Request means a request for an Advance submitted by Borrower to Lender in substantially the form of Exhibit A.

  • Form 10-K Certification As defined in Section 4.03(e).

  • Income Certification means a Tenant Income Certification and a Tenant Income Certification Questionnaire in the form attached as Exhibit B hereto or in such other comparable form as may be provided by the Issuer to the Owner, or as otherwise approved by the Issuer.

  • Servicer Certification As defined in Section 3.22(b) hereof.

  • certification body has the meaning given in the Guidelines.

  • LC Request a request for issuance of a Letter of Credit, to be provided by Borrower Agent to Issuing Bank, in form satisfactory to Agent and Issuing Bank.

  • Tax Certification Forms means any forms or other documentation as may be issued or required by a Tax Authority or by us from time to time to confirm your tax status [or the tax status of a Connected Person].

  • Citizenship Certification means a properly completed certificate in such form as may be specified by the General Partner by which an Assignee or a Limited Partner certifies that he (and if he is a nominee holding for the account of another Person, that to the best of his knowledge such other Person) is an Eligible Citizen.

  • CEC Certification and Verification means that the CEC has certified (or, with respect to periods before the Project has commenced commercial operation (as such term is defined by and according to the CEC), that the CEC has pre-certified) that the Project is an ERR for purposes of the California Renewables Portfolio Standard and that all Energy produced by the Project qualifies as generation from an ERR for purposes of the Project.

  • Request for Advance means a Request for Revolving Credit Advance or a Request for Swing Line Advance, as the context may indicate or otherwise require.

  • Master Servicer Certification A written certification covering servicing of the Mortgage Loans by all Servicers and signed by an officer of the Master Servicer that complies with (i) the Xxxxxxxx-Xxxxx Act of 2002, as amended from time to time, and (ii) the February 21, 2003 Statement by the Staff of the Division of Corporation Finance of the Securities and Exchange Commission Regarding Compliance by Asset-Backed Issuers with Exchange Act Rules 13a-14 and 15d-14, as in effect from time to time; provided that if, after the Closing Date (a) the Xxxxxxxx-Xxxxx Act of 2002 is amended, (b) the Statement referred to in clause (ii) is modified or superceded by any subsequent statement, rule or regulation of the Securities and Exchange Commission or any statement of a division thereof, or (c) any future releases, rules and regulations are published by the Securities and Exchange Commission from time to time pursuant to the Xxxxxxxx-Xxxxx Act of 2002, which in any such case affects the form or substance of the required certification and results in the required certification being, in the reasonable judgment of the Master Servicer, materially more onerous than the form of the required certification as of the Closing Date, the Master Servicer Certification shall be as agreed to by the Master Servicer, the Depositor and the Seller following a negotiation in good faith to determine how to comply with any such new requirements.

  • Recertification means the process by which a client’s eligibility to continue to receive child care assistance benefits are determined.

  • Sarbanes Certification has the meaning set forth in Section 9.21(b)(iii) of the Sale and Servicing Agreement.

  • Payment Certificate means a payment certificate issued under Clause 14 [Contract Price and Payment].

  • Final Payment Certificate means the payment certificate issued under Sub-Clause 14.13 [Issue of Final Payment Certificate].