Evidence of Redeveloper’s Financial Ability Sample Clauses

Evidence of Redeveloper’s Financial Ability. Redeveloper shall, within sixty (60) days following the date of this Agreement, or such other date mutually agreed upon in writing between City and Redeveloper, state the amount and source of liquid assets on hand and source of debt financing which has been obtained or irrevocably committed to Redeveloper in connection with completion of the Redeveloper Undertakings. Such information shall be provided in a form satisfactory to the Finance Director of the City. Evidence of loan commitments shall include all the documents evidencing the loan commitment and acceptance by the borrower, the purposes of the loan, the authorized use of loan funds, and all other terms and conditions of the loan commitment, the acceptance, and the loan. To the extent allowed by law, the City agrees to keep the information provided confidential.
Sample 1
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Evidence of Redeveloper’s Financial Ability. Each Redeveloper shall, within ninety (90) days following the Date of this Agreement, state the amount and source of liquid assets on hand and the amount of debt financing which has been obtained or irrevocably committed to said Redeveloper for use in completing the Redeveloper Undertakings. Such information shall be provided in a form satisfactory to the Finance Director of the City. Evidence of loan commitments shall include all the documents evidencing the loan commitment and acceptance by the borrower, the purposes of the loan, the authorized use of loan funds, and all other terms and conditions of the loan. To the extent allowed by law, the City agrees to keep the information confidential.
Sample 1
Evidence of Redeveloper’s Financial Ability. Section 101(A) is hereby revised to provide that within sixty (60) days of the approval and signature of this Amendment, Redeveloper shall provide the City with evidence of his financing commitment for the construction and completion of the Private Improvements.
Sample 1
Evidence of Redeveloper’s Financial Ability. A. Evidence of Redeveloper’s Financial Ability to Construct Private Improvements. On or before thirty (30) days of the commencement date for each Private Improvement building shown in Section 306 below, Redeveloper shall state the amount and source of liquid assets on hand and the amount and source of debt financing which has been obtained or irrevocably committed to Redeveloper for use in completing each Private Improvement building and related Redeveloper Public Improvements to be constructed in conjunction with said Private Improvement building. Such information shall be provided in a form satisfactory to the Finance Director of the City. Evidence of loan commitments shall include all the documents evidencing the loan commitment, an acceptance by the borrower, the purposes of the loan, the authorized use(s) of loan funds, and all other terms and conditions of the loan commitment, the acceptance, and the loan. To the extent allowed by law, the City agrees to keep the information confidential.
Sample 1

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