Reimbursement Certificate definition

Reimbursement Certificate means a Reimbursement Certificate as set forth in Article VI the form of which is attached as Exhibit D.

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Reimbursement Certificate as defined in Section 3.3. Reimbursement Date: as defined in Section 2.2.2. Related Real Estate Documents: with respect to any Real Estate required to be subject to a Mortgage pursuant to Section 7.4.1, the following, in form and substance reasonably satisfactory to Agent and received by Agent for review: (a) at least 45 days prior to the effective date of the Mortgage, all information requested by any Lender for its due diligence pursuant to Flood Laws; and (b) at least 15 days prior to the effective date of the Mortgage, (i) such assignments of leases, estoppel letters, attornment agreements, consents, waivers and releases as Agent may reasonably require with respect to other Persons having an interest in the Real Estate; (ii) a current, as-built survey of the Real Estate, containing a metes-and-bounds property description to the extent in the possession of an Obligor; (iii) a life-of-loan flood hazard determination and, if any Real Estate is located in a special flood hazard zone, flood insurance documentation and coverage in accordance with Flood Laws or as otherwise satisfactory to each Lender; and (iv) such other information, documents, instruments or agreements as Agent may reasonably request.

Reimbursement Certificate has the meaning given to that term in the Accounts Agreement. “Reimbursement Obligation” means the obligation of the Borrower to reimburse the Guarantor pursuant to Section 4.01 (Reimbursement and Other Payment Obligation). “Release” means, with respect to Hazardous Substances, any disposing, discharging, injecting, spilling, leaking, leaching, dumping, pumping, pouring, emitting, escaping, emptying, seeping, placing or migrating into, through or upon the natural or man-made environment (including any land, water or air and the abandonment or discarding of barrels, containers, and other closed receptacles containing Hazardous Substances), and “Released” shall have a corresponding meaning. “Release Date” means the date on which all of the Note Obligations (other than inchoate indemnity obligations) have been paid in full and the Loan Commitment Amount has been reduced to zero Dollars ($0). “Replaceable Contract” means any (a) Major Project Document other than the Intercompany Contracts, other Project IP Agreements and any Major Real Property Document and (b) any Project Document that is not a Major Project Document. “Replacement Contract” means each agreement entered into by the Borrower to replace a Replaceable Contract in accordance with this Agreement. “Replacement Contract Conditions” means, with respect to any Replaceable Contract and/or the counterparty that is (or was) a party thereto and the applicable triggering event under this Agreement, to the extent permitted pursuant to Section 3.05(c) (Mandatory Prepayments), Section 9.01(b)(i) (Other Transactions), Section 10.01(g)(ii) (Breach or Default under Major Project Documents), Section 10.01(i) (Unenforceability of Any Transaction Documents), Section 10.01(j) (Termination of Major Project Documents), Section 10.01(m) (Bankruptcy; Insolvency; Dissolution) or Section 7.22 (Prohibited Persons): (a) within [*****] of the occurrence of such event, the Borrower delivers to the Guarantor written notification of its intent to replace such Replaceable Contract with a Replacement Contract; (b) within [*****] of the occurrence of such event, the Borrower delivers to the Guarantor a cure plan reasonably acceptable to the Guarantor pursuant to which the Borrower shall replace such counterparty and Replaceable Contract; (c)

Examples of Reimbursement Certificate in a sentence

The Developer shall submit a Reimbursement Certificate to the City (no more frequently than monthly) for Authorized Improvements Costs, as approved by the City.
Notwithstanding the foregoing, the City shall review the first Reimbursement Certificate within forty-five (45) business days of receipt thereof.
After reviewing the Certificate for Payment, the City approves the Reimbursement Certificate and authorizes and directs payment of the amounts set forth below to the Developer or other person designated by the Developer as listed and directed on such Reimbursement Certificate.
The City shall review each Reimbursement Certificate within thirty (30) Business Days of receipt thereof and upon approval, payment shall be made to the Developer pursuant to the terms of the Indenture or this Agreement, provided that funds are available.
If a Reimbursement Certificate is approved only in part, the City shall specify the extent to which the Reimbursement Certificate is approved and payment for such partially approved Reimbursement Certificate shall be made to the Developer pursuant to the terms of the Indenture or this Agreement, as applicable, provided that funds are available.
The City is in receipt of the attached Certificate for Payment, acknowledges the Certificate for Payment, and finds the Reimbursement Certificate to be in order.
The City’s approval of the Reimbursement Certificate shall not have the effect of estopping or preventing the City from asserting claims under the Agreement [the Indenture], the Service and Assessment Plan, or any other agreement between the parties or that there is a defect in the Authorized Improvements.
Provided, however, that as of the date of termination, (i) any Authorized Improvements completed and accepted by the City or (ii) Authorized Improvements Costs submitted pursuant to a Reimbursement Certificate and approved by the City, shall still be subject to reimbursement.
The Escrow Agent will disburse the total amount stated in the Reimbursement Certificate to the Representative from and to the extent of the Representative Fund within two (2) Business Days of receipt of the Reimbursement Certificate.
Pay As You Go. With respect to CID Sales Tax Revenue, the CID Project may be funded on a pay as you go basis and the City shall not disburse any of the CID Sales Tax Revenues for CID Reimbursable Project Costs until the City has approved the Reimbursement Certificate, as defined in Section 4.4, and in accordance with the approved annual Budget.

More Definitions of Reimbursement Certificate

Reimbursement Certificate means a certificate in the form of Appendix E(1) or Appendix E(2) as appropriate or such other form as may be agreed between the Banker (with the prior written consent of ECGD) and the Borrower submitted in accordance with Clause 8

Reimbursement Certificate as defined in Section 3.3.

Reimbursement Certificate means a certificate submitted by the Company in accordance with Clause 5.3 (Reimbursement Claim) in the form of Part 1 (Form of Reimbursement Certificate) of Schedule 2 (Reimbursement Certificate and Construction Contractor’s Receipt) or such other form as may be agreed between the Facility Agent and the Company. Reimbursement Claim means a claim submitted by the Company to the Facility Agent in the manner specified in Clause 5.3 (Reimbursement Claim).

Reimbursement Certificate has the meaning given to that term in the Accounts Agreement.