Redeveloper’s Funding Obligations Sample Clauses

Redeveloper’s Funding Obligations. (a) On or before the date on which the Redeveloper commences construction of the Proposed Project, the Redeveloper shall have obtained from one or more Construction Lenders and/or private equity sources, one or more construction loan commitments (each such construction loan evidenced thereby, a “Construction Loan”) and/or private equity commitments deemed necessary by the Redeveloper to fund Redeveloper’s development obligations hereunder as such obligations are to be performed (other than those obligations for which the City shall have committed to disburse Additional Public Funds to Redeveloper during construction of the Public Improvements as evidenced by the agreement contemplated under Section 5.3), which financing and private equity commitments shall be subject to such terms and conditions as are satisfactory to the Redeveloper in its sole discretion, and the amount of such financing and/or private equity commitments (together with the Additional Public Funds) shall be at least equal to the then projected costs of development of the Proposed Project as identified by the Redeveloper or as otherwise approved by the City’s Finance Director, which approval shall not be unreasonably withheld, conditioned or delayed. The Redeveloper represents and warrants to the City and the Agency that it believes it will be able to obtain such commitments and the Redeveloper covenants to use commercially reasonable efforts to obtain and maintain such commitments or substitute commitments during construction of the Proposed Project.
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Related to Redeveloper’s Funding Obligations

  • Funding Obligations 6.1 Grantee acknowledges that HHSC’s obligation for payment, in consideration of full and satisfactory performance of activities described in this Contract, is limited to monies received from the Administration on Aging (“AoA”), the State, and any other funding source.

  • Funding Obligation This Contract is contingent upon the continued availability of funding. If funds become unavailable through lack of appropriations, budget cuts, transfer of funds between programs or health and human services agencies, amendment to the Appropriations Act, health and human services agency consolidation, or any other disruptions of current appropriated funding for this Contract, DSHS may restrict, reduce, or terminate funding under this Contract.

  • Closing Obligations At the Closing:

  • Post-Closing Obligations Seller and Buyer agree to the following post-Closing obligations:

  • Project Funding 8.1 The Project Funding for completion of this PFA is as follows:

  • PARTICIPATION, CONTRACT ACCESS, AND PARTICIPATING ENTITY REQUIREMENTS A. PARTICIPATION. Sourcewell’s cooperative contracts are available and open to public and nonprofit entities across the United States and Canada; such as federal, state/province, municipal, K-12 and higher education, tribal government, and other public entities. The benefits of this Contract should be available to all Participating Entities that can legally access the Equipment, Products, or Services under this Contract. A Participating Entity’s authority to access this Contract is determined through its cooperative purchasing, interlocal, or joint powers laws. Any entity accessing benefits of this Contract will be considered a Service Member of Sourcewell during such time of access. Supplier understands that a Participating Entity’s use of this Contract is at the Participating Entity’s sole convenience and Participating Entities reserve the right to obtain like Equipment, Products, or Services from any other source. Supplier is responsible for familiarizing its sales and service forces with Sourcewell contract use eligibility requirements and documentation and will encourage potential participating entities to join Sourcewell. Sourcewell reserves the right to add and remove Participating Entities to its roster during the term of this Contract.

  • Obligations of Covered Entity (1) Covered Entity shall notify Business Associate of any limitations in its notice of privacy practices of Covered Entity, in accordance with 45 C.F.R. § 164.520, or to the extent that such limitation may affect Business Associate’s use or disclosure of PHI.

  • Record-Keeping Obligations Each Interconnection Party shall keep and maintain records of actions taken during an Emergency Condition that may reasonably be expected to affect the other parties’ facilities and make such records available for audit in accordance with Section 19.3 of this Appendix 2.

  • Construction Funding Subsidies 5.1 Subject to 5.2 and 5.3 the HSP is required to continue to fulfill all CFS Commitments, and the CFS Commitments are hereby incorporated into and deemed part of the Agreement.

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