Xxxxxxxx’s Request. If Borrower determines, at any time or from time to time, that a Capital Replacement is necessary or desirable, Borrower shall perform such Capital Replacement and request from Xxxxxx, in writing, reimbursement for such Capital Replacement. Xxxxxxxx's request for reimbursement shall include (A) a detailed description of the Capital Replacement performed, together with evidence, satisfactory to Lender, that the cost of such Capital Replacement has been paid and (B) lien waivers from each contractor and material supplier supplying labor or materials for such Capital Replacement, if required by Lender.
Appears in 2 contracts
Samples: Replacement Reserve Agreement, Replacement Reserve Agreement
Xxxxxxxx’s Request. If Borrower determines, at any time or from time to time, that a Capital Replacement is necessary or desirable, Borrower shall will perform such Capital Replacement and request from XxxxxxFunding Lender, in writing, reimbursement for such Capital Replacement. Xxxxxxxx's ’s request for reimbursement shall will include (A1) a detailed description of the Capital Replacement performed, together with evidence, satisfactory to Funding Lender, that the cost of such Capital Replacement has been paid paid, and (B2) if required by Funding Lender, lien waivers from each contractor and material supplier supplying labor or materials for such Capital Replacement, if required by Lender.
Appears in 2 contracts
Samples: Continuing Covenant Agreement, Continuing Covenant Agreement
Xxxxxxxx’s Request. If Borrower determines, at any time or from time to time, that a Capital Replacement is necessary or desirable, Borrower shall will perform such Capital Replacement and request from Xxxxxx, in writing, reimbursement for such Capital Replacement. Xxxxxxxx's ’s request for reimbursement shall will include (A1) a detailed description of the Capital Replacement performed, together with evidence, satisfactory to Lender, that the cost of such Capital Replacement has been paid paid, and (B2) if required by Xxxxxx, lien waivers from each contractor and material supplier supplying labor or materials for such Capital Replacement, if required by Lender.
Appears in 1 contract