Conditions to Subsequent Disbursements. Upon satisfaction (or a written waiver by the Trustee) of the conditions described below in this Section 7.2, the Disbursement Agent shall make the disbursements described in the corresponding Construction Disbursement Request or Advance Disbursement Request (provided that the conditions set forth in Section 7.1 shall have previously been satisfied) from the Construction Disbursement Account to the Disbursed Funds Account:
Conditions to Subsequent Disbursements. The obligation of the Lender to make each disbursement of the Loan after the first disbursement thereof shall be subject to the prior or contemporaneous satisfaction of each of the following conditions:
Conditions to Subsequent Disbursements. 12 3.3 Conditions for the Benefit of the Lender ........................... 13 3.4 Failure of Conditions .............................................. 13
Conditions to Subsequent Disbursements. The obligation of Lender to make any Subsequent Disbursement under the Loan is subject to the satisfaction of the following additional conditions precedent as of the requested funding date of any such Subsequent Disbursement:
Conditions to Subsequent Disbursements. The obligation of the Lender to make each subsequent Advance is subject to the satisfaction as of the Subsequent Disbursement Date of the following conditions precedent:
Conditions to Subsequent Disbursements. The City’s obligations hereunder to make any subsequent Disbursements with respect to the Horizontal Infrastructure Improvements, the Vertical Infrastructure Improvements and Live! Component are conditioned upon City’s receipt of the following, each in form and substance reasonably satisfactory to the City:
Conditions to Subsequent Disbursements. The City’s obligations hereunder to make any subsequent Disbursements with respect to the Horizontal Infrastructure Improvements, the Vertical Infrastructure Improvements and Live! Component are conditioned upon City’s receipt of the following, each in form and substance reasonably satisfactory to the City: Disbursement Request - Public Costs, together with all required Supporting Documentation; Evidence that Developer has obtained all Governmental Approvals or, after construction has commenced, a satisfactory inspection report with respect to the applicable portions of the Project from Construction Inspector, which shall be delivered by Construction Inspector with the applicable Disbursement Request - Public Costs; and An updated Budget (showing the amount of money spent or incurred to date on particular items and the remaining costs for the portions of the Horizontal Infrastructure Improvements, the Vertical Infrastructure Improvements and Live! Component under construction). Additionally, prior to any Disbursement hereunder for the Public Costs of construction of the Horizontal Infrastructure Improvements, the Vertical Infrastructure Improvements and/or the Live! Component, the City must be satisfied that all necessary approvals from governmental or quasi-governmental authorities (including without limitation the St. Xxxxx River Water Management District and FDEP) having jurisdiction over the Project, including but not limited to street openings or closings, zonings and use and occupancy permits, sewer permits, stormwater drainage permits, and environmental permits and approvals (the “Governmental Approvals”), have been obtained for the applicable portion of the Horizontal Infrastructure Improvements, the Vertical Infrastructure Improvements and/or the Live! Component under construction, and are or will be final, unappealed, and unappealable, and remain in full force and effect without restriction or modification.
Conditions to Subsequent Disbursements. On or before each subsequent Disbursement, the following conditions shall be met or have been complied with to the satisfaction of Ontario:
Conditions to Subsequent Disbursements. 16 7.3 Advance Disbursements...............................................................................17 7.4 Disbursements After Event of Default................................................................17 7.5 Final Disbursement of Funds Following Operating Date................................................18
Conditions to Subsequent Disbursements. The obligation of the Lender to make the proceeds of the Loans available on each Disbursement Date shall be subject to the satisfaction (or written waiver) of the following conditions in a manner satisfactory to the Lender:Delivery of Disbursement Request. The Lender shall have received a duly completed and fully executed Disbursement Request not more than twenty (20) or fewer than three (3) days prior to the applicable Disbursement Date.
