Examples of HVAC Component in a sentence
The HVAC Services Agreement shall continue to be in full force and effect and, to the extent that the Company has any right, title or interest in the HVAC Component, all actions necessary or desirable (including all filings) in the reasonable opinion of the HVAC Provider to perfect the security interest of the HVAC Provider as a valid security interest over the HVAC Component having the priority contemplated therefor in the HVAC Services Agreement shall have been taken or made.
Execute or deliver any agreement creating any lien (other than Permitted Liens), powers of attorney (other than powers of attorney for signatories of documents permitted or contemplated by the Operative Documents), or similar documents, instruments or agreements, except to the extent such documents, instruments or agreements comprise part of the Security Documents or, with respect to the HVAC Component, the HVAC Services Agreement.
Adelson, (ii) which xxx xxxxxxxx xx xonnection with this Agreement, the Phase I-A Equipment Loan Agreement or the Bank Credit Agreement, or in connection with any financing of the HVAC Component or similar equipment or property, (iii) incurred under the Phase I-A Subsidiary Non-Recourse Loan, (iv) incurred under the Completion Guaranty Loan or (v) incurred under any Employee Repurchase Notes.
As contemplated by section 6.4 of the Construction Management Agreement, the Construction Manager has properly allocated the Project Costs to be incurred under the Construction Management Agreement between the HC/Mall Component and the HVAC Component, and the Project Budget properly reflects such allocation.
HVAC Component sets forth in column 7 thereof, an aggregate amount that is not less than the total amount of the commitment under the HVAC Commitment Facility.
After giving effect to the requested Advance, the balance in the HC/Mall Component Cash Management Sub-Account will not exceed $5,500,000 and the balance in the HVAC Component Cash Management Sub-Account will not exceed $1,000,000.
On the third day after the Financing Date, Six Million Five Hundred Thousand Dollars ($6,500,000) shall be withdrawn from the Disbursement Account and of such amount Five Million Five Hundred Thousand Dollars ($5,500,000) shall be deposited in the HC/Mall Component Cash Management Sub-Account and One Million Dollars ($1,000,000) shall be deposited in the HVAC Component Cash Management Sub-Account.
Securities Intermediary and Secured Party acknowledge the deposit by Pledgor of $[1,000,000] in the HVAC Component Cash Management Account on the date hereof.
Subject to the provisions of Section 10.2 and the Company Collateral Account Agreement, the Company shall be permitted from time to time to draw checks on and otherwise withdraw amounts on deposit in the HC/Mall Component Cash Management Sub-Account and the HVAC Component Cash Management Sub-Account to pay due and payable Project Costs allocated to the HC/Mall Component and the HVAC Component, respectively, in accordance with the terms hereof.
The foregoing restxxxxxxx shall not apply to any Indebtedness of the Borrowers and their Subsidiaries (i) existing on the Closing Date and held on the Closing Date by a Person or Persons unaffiliated with Adelson, (ii) incurred in coxxxxxxxn with any FF&E Facility Agreement or any financing of the HVAC Component or similar equipment or property, (iii) incurred under the Phase I-A Subsidiary Non-Recourse Loan, (iv) incurred under the Completion Guaranty Loan or (v) incurred under Employee Repurchase Notes.