Examples of HVAC Component in a sentence
The Company shall be permitted from time to time to replace amounts drawn from the HC/Mall Component Cash Management Sub-Account and the HVAC Component Cash Management Sub-Account pursuant to the preceding sentence by including a request to such effect in Advance Requests submitted in accordance with Sections 2.5 and 2.
Except for the rights of the HVAC Provider in and to the HVAC Component, the Company has not granted any rights in or to the HVAC Component to any Person and the Company has no knowledge of any rights of any Person to the HVAC Component.
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.
The Construction Manager has, as contemplated by Section 6.4 of the Construction Management Agreement, 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 (including the detailed schedules thereto) reflects such allocation.
All such action as is necessary has been taken to establish and perfect the Secured Parties' and (to the extent of the Company's right, title and interest to the HVAC Component) the HVAC Provider's respective rights in and to the Project Security (or, in the case of the HVAC Provider, the HVAC Component), including any recording, filing, registration, giving of notice or other similar action.
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.
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 Required Completion Amount shall be based on the allocation rules set forth in Sections 2.6.1 and 2.6.2 and after subtracting amounts then on deposit in the HC/Mall Cash Management Sub-Account and the HVAC Component Cash Management Sub-Account.
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.
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.