Examples of Substantial in a sentence
The TIFIA Lender shall not sell the TIFIA Loan at any time prior to the Substantial Completion Date.
After the Substantial Completion Date, the TIFIA Lender may sell the TIFIA Loan to another entity or reoffer the TIFIA Loan into the capital markets only in accordance with the provisions of this Section 18 (Sale of TIFIA Loan).
Within ten (10) days of the attainment of Substantial Completion, the Borrower shall provide the TIFIA Lender with an executed copy of a certificate evidencing such Substantial Completion in the form attached as Exhibit I (Form of Substantial Completion Certificate).
For the period following the Substantial Completion Date, the TIFIA Lender shall have the right, in its sole discretion, to monitor (or direct its agents to monitor) the Project’s operations and, as the XXXXX Xxxxxx may request from time to time, to receive reporting on the operation and management of the Project and copies of any contracts relating to the operation, maintenance and safety services for the Project.
The aggregate of all funds that are committed, or reasonably expected to be available, for the development and construction of the Project under the various sources of funds set forth in the Base Case Financial Model then in effect will be sufficient to pay all Total Project Costs anticipated for the development and construction of the Project and to achieve Substantial Completion.