Examples of Project Collateral in a sentence
The PENNVEST Funding shall be secured by the Funding Documents from Pottstown Borough Authority to PENNVEST, and to the extent and in the manner therein set forth, the Project Collateral and other agreements granting and creating certain security interests in favor of PENNVEST, as well as a pledge of water revenues and receipts of Pottstown Borough Authority for the payment of costs of Pottstown Borough Authority, and for the payment of principal of, and interest on, the Debt Obligation.
We try and strike a balance between pay-for-performance objectives and retention considerations, and to ensure that our executive compensation programs remain reasonable and competitive given Sysco’s financial performance when compared with that of our peer group.
Project Collateral may be released upon completion of all improvements required by the Exhibits after initial approval by the County.
Warranty Collateral shallbe withheld by County from and at the time of release of Project Collateral, or may be submitted separately by Property Owner.
For example, the County may access and use Project Collateral in order to complete improvements as required by the Construction Plans, when such improvements have not been completed in accordance with the Construction Schedule.