Final Completion definition
Examples of Final Completion in a sentence
No later than the Term Conversion Date, the Borrowers shall deposit or cause to be deposited into the Final Completion Account (from the Project Revenue Account on the Term Conversion Date or from the Project Company Revenue Account on or following the Term Conversion Date pursuant to Section 7.3(b) or otherwise) an amount equal to the Completion Reserve Requirement calculated as of the Term Conversion Date.
No Borrower Entity has any “account” with a “bank” (within the meaning of Sections 4-104(a)(1) and 4-105(1) of the UCC, respectively) or any “securities account” other than the Collateral Accounts established in accordance with this Agreement and the Account Control Agreement, the Project Company Local Account established in accordance with this Agreement and the Project Company Local Account Control Agreement and, upon the opening thereof, the Final Completion Account.