Examples of Project Fund Agreement in a sentence
Any allocation made pursuant to requisitions of proceeds under the Project Fund Agreement is preliminary in nature and subject to final allocation which shall be done in accordance with this paragraph.
This Project Fund Agreement may be executed in any number of counterparts, including separate counterparts, each executed counterpart constituting an original but all together only one agreement.
If any court of competent jurisdiction shall hold any provision of this Project Fund Agreement invalid or unenforceable, such holding shall not invalidate or render unenforceable any other provision of this Project Fund Agreement.
Except as otherwise provided in this Project Fund Agreement, this Project Fund Agreement shall cease and terminate upon payment of all funds (including investment proceeds) from the Project Fund.
BB&T is advancing the Amount Advanced by making a deposit into a Project Fund (the "Project Fund") as provided in a Project Fund Agreement of even date (the "Project Fund Agreement") between the City and BB&T.
The Base Project Fund Agreement is designed to regulate institutional support, including enabling the initiation of activities for development of the Detailed Study Protocol, standard operating procedures, including laboratory procedures and formative research activities.
All amounts on deposit from time to time in the Project Funds, including the Amount Advanced and all investment earnings, shall be used only for Project Costs until the Project Funds are terminated as provided under the Project Fund Agreement.
It is the intent of the parties that this Agreement be interpreted to provide the Fiscal Sponsor with variance and amendment powers as defined in the Project Fund Agreement for the Fund signed by the Fiscal Sponsor and the Sponsored Organization.
No provision of this Agreement shall be construed to pledge or to create a lien on any class or source of the City's moneys (other than the funds held under the Project Fund Agreement or this Agreement), nor shall any provision of this Agreement restrict the future issuance of any of the City's bonds or obligations payable from any class or source of the City's moneys (except to the extent this Agreement restricts the incurrence of additional obligations secured by the Security Property).
All of the covenants and conditions of this Project Fund Agreement shall be binding upon and inure to the benefit of the parties to this Project Fund Agreement and their respective successors and assigns.