Project Cost Schedules Sample Clauses

Project Cost Schedules. Each Project Cost Schedule shall set forth (i) the actual investment income (loss), less any losses or costs associated therewith, earned on the Construction Disbursement Accounts and the Completion Reserve Accounts through the date of such Project Cost Schedule, and (ii) the additional amount of investment income which the Company reasonably anticipates will be earned in the Construction Disbursement Accounts and the Completion Reserve Accounts from such date through the earlier of the Operating Deadline and the anticipated date on which the Project first will be Operating. If at any time the Company submits a Project Cost Schedule pursuant to this Section and the Company can no longer reasonably anticipate that the Additional Revenue earned (and anticipated to be earned as determined above) from investments of funds in the Construction Disbursement Accounts and the Completion Reserve Accounts will equal the amount of such Additional Revenue anticipated as set forth in the Construction Disbursement Budget then in effect, then, so long as the Disbursement Agent has no actual knowledge that a Default or Event of Default exists and is continuing: (a) if the total amount of such Additional Revenue at such date earned or anticipated to be earned is less than the total amount of such Additional Revenue anticipated as of the date of the most recent disbursement from the Construction Disbursement Accounts, then the Available Funds shall be deemed reduced by the amount of such deficiency and the Company (as a condition to the next Construction Disbursement Request) shall provide or allocate additional Available Funds or, if necessary, disburse funds from the Completion Reserve Accounts (so long as the conditions precedent are satisfied), and/or otherwise amend the Construction Disbursement Budget, if necessary, so that the total costs to cause the Project to be Operating prior to the Operating Deadline do not exceed the total Available Funds; or (b) if the total amount of such Additional Revenue at such date earned or anticipated to be earned is greater than the total amount of such Additional Revenue anticipated as of the date of the most recent disbursement from the Construction Disbursement Accounts, then the Available Funds shall be deemed increased by the amount of such excess.