Submit Statement of Financing Sample Clauses

Submit Statement of Financing. At least thirty (30) days prior to Closing, Buyer shall submit to the TJPA a statement (“Statement of Financing”) in a form reasonably satisfactory to the TJPA sufficient to demonstrate that Buyer has adequate funds or will have adequate funds and is committing such funds to (a) the Final Purchase Price for the purchase of the Transbay Parcel F Property at Closing, and (b) the anticipated costs of constructing the development of the Transbay Parcel F Property contemplated in Section 7.9 and consistent with Buyer’s obligations under this Agreement. The TJPA shall indicate whether the Statement of Financing is satisfactory within fifteen (15) days after receipt of same.