Common use of Completion Advance Clause in Contracts

Completion Advance. The amount of the Completion Advance shall be ------------------ made in accordance with and shall not exceed the amount set forth in the Certificate of Increased Cost, shall not cause the Unit Acquisition Cost of the Unit to exceed the Unit Budget, and shall be sufficient for payment in full of all costs that were not the subject of any previous advance with respect to such Unit. Owner shall have no obligation to make the Completion Advance unless Owner is satisfied that all such costs were reasonably estimated in the Unit Budget and are adequately set forth in the Certificate of Increased Cost and will be sufficient for payment in full of all costs with respect to such Unit.

Appears in 1 contract

Samples: Agreement (Electronic Arts Inc)

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Completion Advance. The amount of the Completion Advance shall be ------------------ made in accordance with and shall not exceed the amount set forth in the Certificate of Increased Cost, shall not cause the Unit Acquisition Cost of the Unit to exceed the Unit Budget, and shall be sufficient for payment in full of all costs that were not the subject of any previous advance with respect to such Unit. Owner shall have no obligation to make the Completion Advance unless Owner is satisfied that all such costs were reasonably estimated in the Unit Budget and are adequately set forth in the Certificate of Increased Cost and will be sufficient for payment in full of all costs with respect to such Unit.

Appears in 1 contract

Samples: Agreement for Lease (Silicon Graphics Inc /Ca/)

Completion Advance. The amount of the a Completion Advance shall be ------------------ made in accordance with and shall not exceed the amount set forth in the Certificate of Increased Cost, shall not cause the Unit Acquisition Cost of the Unit to exceed the Unit Budget, and shall be sufficient for payment in full of all costs due that were not the subject of any previous advance with respect to such Unit. Owner shall have no obligation to make the a Completion Advance unless Owner is satisfied that all such costs were reasonably estimated in are consistent with the Unit Budget and are adequately set forth in the Certificate of Increased Cost and will be sufficient for payment in full of all costs due with respect to such Unit.

Appears in 1 contract

Samples: Agreement (Travelcenters of America Inc)

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Completion Advance. The amount of the Completion Advance shall be ------------------ made in accordance with and shall not exceed the amount set forth in the Certificate of Increased Cost, shall not cause the Unit Acquisition Cost of the Unit to exceed the Unit Budget, and shall be sufficient for payment in full of all costs that are properly capitalizable and that were not the subject of any previous advance with respect to such Unit. Owner shall have no obligation to make the Completion Advance unless Owner is satisfied that all such costs were reasonably estimated in the Unit Budget and are adequately set forth in the Certificate of Increased Cost and will be sufficient for payment in full of all costs with respect to such Unit.

Appears in 1 contract

Samples: Agreement (Arcadian Corp)

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