Examples of Guaranty of Completion in a sentence
Borrowers must offer the following as guarantors under the Operating Deficit Guaranty and – for projects receiving funding during construction – under the Guaranty of Completion: Each entity that is offering a guaranty to any other party in the transaction.
Personal guaranties are expected: Guaranty of Completion Guaranty of Recourse ObligationsEnvironmental Indemnity Agreement Guaranty of Operating Deficits Forms of the agreements and guarantees described in this paragraph B have been approved by the Authority containing restrictions and requirements of the Authority.
Directors of the Redevelopment Agency of Salt Lake City Approving the Terms for the Purchase and Sale Agreement, Development Agreement, Lease Agreement, Special Warranty Deed, and Guaranty of Completion and Performance With B.T.H. Company, L.L.C. for the Development of Agency-Owned Property Located at 175 West 900 South.
The Guaranty of Completion is a key component in protection of the City’s interest in the Project.
The potential environmental impacts of the Guaranty of Completion were adequately addressed as an essential component of the Durkee Lot Mixed- Use Development portion of the DAIP in the GEIS, the Statement of Findings, and the Amendment to the Statement of Findings and the proposed Guaranty of Completion is not likely to result in any new or different environmental impacts than those previously considered during SEQRA review of the DAIP.