Final Drawing. Borrower shall have effected a Borrowing of Construction Loans in the amount of the then-remaining Available Construction Loan Commitment, if any, which shall have been disbursed (i) for purposes of funding the Completion Reserve Borrowing as required by Section 3.3(i), and (ii) for any remaining amount after the disbursements in clause (i) to the Operating Account (collectively, the “Final Drawing”).
Appears in 1 contract
Sources: Financing Agreement (Noble Environmental Power LLC)
Final Drawing. Borrower shall have effected a Borrowing of Construction Loans in the amount of the then-remaining Available Construction Loan Commitment, if any, Commitment which shall have been disbursed (i) for purposes of funding the Completion Reserve Borrowing as required by Section 3.3(i), (ii) as provided in Section 5.1(a)(vii) of the Depositary Agreement and (iiiii) for any remaining amount after the disbursements in clause clauses (i) and (ii), to the Operating Account (collectively, the “Final Drawing”).
Appears in 1 contract
Sources: Financing Agreement (Noble Environmental Power LLC)