Common use of Company Required to Pay Costs in Event Project Fund Insufficient Clause in Contracts

Company Required to Pay Costs in Event Project Fund Insufficient. If moneys in the Project Fund are not sufficient to pay all Project Costs, the Company, nonetheless, will complete the Projects or cause the Projects to be completed, in order to fulfill the Project Purposes and shall pay all such additional Project Costs from its own funds. The Company shall not be entitled to any reimbursement for any such additional Project Costs from the Issuer, the Trustee or the Holders of any of the Bonds, nor shall it be entitled to any abatement, diminution or postponement of the Loan Payments. The Issuer does not make any representation that the moneys which will be paid into the Project Fund and which under the provisions of this Agreement will be available for payment of Project Costs, will be sufficient to pay all the costs which will be incurred in that connection. The Company agrees that if after exhaustion of the moneys in the Project Fund, the Company should pay pursuant hereto any portion of the costs listed in Section 3.4 hereof, it shall not be entitled to any reimbursement therefor from the State, the Issuer, the Trustee or the Holders of any of the Bonds.

Company Required to Pay Costs in Event Project Fund Insufficient. If moneys in the Project Fund are not sufficient to pay all Project Costs, the Company, nonetheless, will complete the Projects or cause the Projects to be completed, in order to fulfill the Project Purposes and shall pay all such additional Project Costs from its own funds. The Company shall not be entitled to any reimbursement for any such additional Project Costs from the IssuerAuthority, the Trustee or the Holders of any of the Bonds, nor shall it be entitled to any abatement, diminution or postponement of the Loan Payments. The Issuer Authority does not make any representation that the moneys which will be paid into the Project Fund and which under the provisions of this Agreement will be available for payment of Project Costs, will be sufficient to pay all the costs which will be incurred in that connection. The Company agrees that if after exhaustion of the moneys in the Project Fund, the Company should pay pursuant hereto any portion of the costs listed in Section 3.4 hereof, it shall not be entitled to any reimbursement therefor from the State, the IssuerAuthority, the Trustee or the Holders of any of the Bonds.

Company Required to Pay Costs in Event Project Fund Insufficient. If moneys in the Project Fund are not sufficient to pay all Project Costs, the Company, nonetheless, will complete the Projects Project or cause the Projects Project to be completed, in order to fulfill the Project Purposes and shall pay all such additional Project Costs from its own funds. The Company shall not be entitled to any reimbursement for any such additional Project Costs from the IssuerAuthority, the Trustee or the Holders of any of the Bonds, nor shall it be entitled to any abatement, diminution or postponement of the Loan Payments. The Issuer Authority does not make any representation that the moneys which will be paid into the Project Fund and which under the provisions of this Agreement will be available for payment of Project Costs, will be sufficient to pay all the costs which will be incurred in that connection. The Company agrees that if after exhaustion of the moneys in the Project Fund, the Company should pay pursuant hereto any portion of the costs listed in Section 3.4 hereof, it shall not be entitled to any reimbursement therefor from the State, the IssuerAuthority, the Trustee or the Holders of any of the Bonds.