After Completion of Construction. Upon completion of construction (including road marking work) but prior to issue of the Completion Certificate, the Project Site shall be cleared of all construction equipment, surplus materials, debris and temporary installations and shall be left in tidy and an aesthetically pleasing appearance to the satisfaction of the Authority.
After Completion of Construction of the Project Facilities, the Agency shall make available and deliver to each Project Participant a total amount of treated water up to its respective Dedicated Capacity shares, subject to the terms and conditions of this Agreement and the availability of water.
After Completion of Construction of the Improvements as contemplated by the Credit Agreement and the other Credit Documents, no buildings or substantial improvements on the Property Covered by this Instrument shall be altered or demolished or removed by the Borrower without the prior written consent of the Collateral Agent (which consent shall be given as provided in section 13.13 of the Credit Agreement upon instructions or consent of the Required Lenders), PROVIDED that the proposed alterations shall not materially and adversely affect the value of the Property Covered by this Instrument or the utility of the Property Covered by this Instrument for the purposes to which the same are designed or presently devoted); PROVIDED, FURTHER, HOWEVER, the Borrower may make alterations to the Property Covered by this Instrument (including structural or material alterations to the buildings or improvements thereon) without such consent if (i) such alterations do not reduce the value or marketability of the Property Covered by this Instrument or the uses or utility of the Property Covered by this Instrument; or (ii) if such alterations are not required by applicable law, if the cost of all such alterations (whenever made) taken in the aggregate do not cost more than $250,000. In the event the Collateral Agent's consent is required, the Borrower in requesting such consent shall submit to the Collateral Agent plans and specifications for such alterations and a cost estimate satisfactory to the Collateral Agent, which plans and specifications and cost estimate shall be prepared by a registered architect selected by the Borrower and reasonably acceptable to the Collateral Agent.
After Completion of Construction. The covenants established in this Agreement and the deeds shall, without regard to technical classification and designation, be binding for the benefit and in favor of the Agency, its successors and assigns, as to those covenants which are for its benefit. The Agency is deemed the beneficiary of the terms and provisions of this Agreement and of the covenants running with the land, for and in its own rights and for the purposes of protecting the interests of the community and other parties, public or private, in whose favor and for whose benefit this Agreement and the covenants running with the land have been provided. The Agreement and the covenants shall run in favor of the Agency, without regard to whether the Agency has been, remains or is an owner of any land or interest therein in the Site. The Agency shall have the right, if the Agreement or covenants are breached, to exercise all rights and remedies, and to maintain any actions or suits at law or in equity or other proper proceedings to enforce the curing of such breaches to which it or any other beneficiaries of this Agreement and covenants may be entitled.
After Completion of Construction. 5.1 Upon completion of construction but prior to issue of the Completion Certificate, the Project Site shall be cleared of construction equipment, surplus materials, debris and temporary installations and shall be left in tidy and an aesthetically pleasing appearance to the satisfaction of NRDA . All debris and construction waste shall be disposed to designated location as identified by NRDA.
After Completion of Construction. (i) All Risk Property Insurance, including improvements and betterments in the amount of full replacement value of the Property. Coverage extensions shall include business interruption/loss of rents, flood and boiler and machinery, if applicable. The City of Chicago, the TIF Lender and any guarantor of the TIF Loan shall be named as additional insureds and loss payees.
