Common use of Project Progress Clause in Contracts

Project Progress. The Borrower shall ensure that the actual progress of the Project matches the invested amount, ensure that the disbursement of loans matches the actual progress and funding requirements of the Project, and ensure the completion of the Project in accordance with the project construction progress schedule stipulated in the Project Documents.

Appears in 1 contract

Sources: Syndicated Loan Agreement (ECARX Holdings Inc.)

Project Progress. ​ The Borrower borrower shall ensure that the actual progress of the Project project matches the invested investment amount, ensure that the disbursement of loans matches the actual progress and funding requirements of the Project, and ensure the completion of the Project in accordance with the project construction progress schedule stipulated in the Project Documents.

Appears in 1 contract

Sources: Syndicated Loan Contract (Amphastar Pharmaceuticals, Inc.)

Project Progress. The Borrower shall ensure that the actual progress of the Project matches the invested amount, ensure that the disbursement of loans matches the actual progress and funding requirements of the Project, and ensure the completion of the Project in accordance with the project construction progress schedule stipulated in the Project Documentsamount invested.

Appears in 1 contract

Sources: Syndicated Loan Contract (Microvast Holdings, Inc.)