Completion Guaranties definition
Examples of Completion Guaranties in a sentence
Except for Cost Overrun and Completion Guaranties and Renewable Energy Project Guaranties permitted hereunder, no Credit Party is obligated under any Indebtedness or other obligation of any Special Purpose Subsidiary.
The Obligations are the subject of the Guaranty Agreement executed and delivered by the Guarantor in favor of the Lenders and of one or more Completion Guaranties which may from time to time be executed and delivered by the Guarantor.
It is a condition precedent to the Green Valley Lenders' obligations to make such credit facilities available that Parent and GVR Station enter into certain Guaranties and Completion Guaranties and Keep-Well Agreements.
Except for Cost Overrun and Completion Guaranties and Renewable Energy Project Guaranties permitted hereunder, no Loan Party is obligated under any Indebtedness or other obligation of any Special Purpose Subsidiary.
This Agreement, as it may be amended, supplemented or otherwise modified from time to time, shall remain in effect until (i) the termination or expiration of each of the Completion Guaranties and the Keep Well Agreement, (ii) termination or expiration of the Completion Guaranty Obligations and the Keep Well Obligations and (iii) the payment in full of all amounts due under the Completion Guaranties and the Keep Well Agreement and hereunder, including, without limitation, any loans hereunder.
Section 6.1 Sources of Funds 12 Section 6.2 Completion Guaranties 12 Section 6.3 Additional Capital 12 Section 6.4 Other Costs.
At the time of the assignment of the Ground Lease for the Senior Living Pad, City shall be provided, from one or more Guarantors, with one or more Horizontal Development Completion Guaranties with respect to the Horizontal Development on the Senior Living Pad and one or more Vertical Development Completion Guaranties with respect to the Vertical Development on the Senior Living Pad.
At the time of the assignment of the Ground Lease for the Retail Unit, City shall be provided, from one or more Guarantors, with one or more Horizontal Development Completion Guaranties with respect to the Horizontal Development on the Retail Unit (which may be the same as provided for the remainder of Phase 1) and one or more Vertical Development Completion Guaranties with respect to the Vertical Development on the Retail Unit.
The Trust is possessed of assets free of encumbrances to an extent sufficient to meet its obligations under the Completion Guaranties, the Contribution Agreement, the Tax Indemnity Agreement, this Purchase Agreement and any guaranty obligations it may undertake in connection with any financing relating to the Shopping Center or the Second Hotel.
Except with respect to the District’s pledge of Tax Increment Payments and the Completion Guaranties to the Trustee under the Indenture to secure the Bonds, a party may not assign or transfer its rights or obligations under this Agreement to another unit of local government, political subdivision or agency of the State of Connecticut or to a private party or entity without the prior written consent of the other party (which consent shall not be unreasonably withheld).