Advance Requirements Sample Clauses

Advance Requirements. Once the Agreement is certified, Grantee, prior to distribution of any advanced payment, must fulfill the following conditions:
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Advance Requirements. Borrowers’ satisfaction of each of the conditions specified in Sections 2.1 and 2.7;
Advance Requirements. In addition to the provisions of Section 7.1, the following conditions must be met prior to Lenders making any Advance under the Revolving Line of Credit, including an Advance by the Swingline Lender under the Swingline Loan, making any Term Loan, or issuing any Letter of Credit:
Advance Requirements. The Borrower’s satisfaction of each of the conditions specified in Section 2.01 and Section 2.06 as of the date of such Advance;
Advance Requirements. No advance commissions shall be paid;
Advance Requirements. Subject to the requirements of SECTION 2.3 below, Advances shall be made as follows:
Advance Requirements. In addition to the provisions of Section 7.1, the following conditions must be met prior to Lenders making any Advance under the Revolving Line of Credit:
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Advance Requirements. In addition to the provisions of Section 7.1, the following conditions must be met prior to Lender making any Advance under the Revolving Line of Credit: All representations and warranties of Borrower in Article VI shall be true and correct in all material respects on and as of such date, except for representations and warranties expressly stated to relate to a specific earlier date, in which case such representations and warranties shall be true and correct in all material respects as of such earlier date; Borrower shall have complied with all of its covenants set forth in this Agreement; No Event of Default shall have occurred and be continuing or would occur as a result of such Advance; A completed, written Borrowing Notice shall be delivered to Lender; All required fees and expenses shall have been paid to Lender; and All necessary assignments, agreements and any other documents reasonably requested by Lender related to the resignation of KeyBank as Agent under the Original Credit Agreement have been received by Lender.
Advance Requirements. Once the Agreement is certified, Contractor, prior to distribution of any advanced payment, must fulfill the following conditions:

Related to Advance Requirements

  • Maintenance Requirements The Contractor shall ensure and procure that at all times during the Maintenance Period, the Project Highway conforms to the maintenance requirements set forth in Schedule-E (the “Maintenance Requirements”).

  • Insurance Requirements Vendor agrees to maintain the following minimum insurance requirements for the duration of this Agreement. All policies held by Vendor to adhere to this term shall be written by a carrier with a financial size category of VII and at least a rating of “A‐” by A.M. Best Key Rating Guide. The coverages and limits are to be considered minimum requirements and in no way limit the liability of the Vendor(s). Any immunity available to TIPS or TIPS Members shall not be used as a defense by the contractor's insurance policy. Only deductibles applicable to property damage are acceptable, unless proof of retention funds to cover said deductibles is provided. "Claims made" policies will not be accepted. Vendor’s required minimum coverage shall not be suspended, voided, cancelled, non‐renewed or reduced in coverage or in limits unless replaced by a policy that provides the minimum required coverage except after thirty (30) days prior written notice by certified mail, return receipt requested has been given to TIPS or the TIPS Member if a project or pending delivery of an order is ongoing. Upon request, certified copies of all insurance policies shall be furnished to the TIPS or the TIPS Member. Vendor agrees that when Vendor or its subcontractors are liable for any damages or claims, Vendor’s policy, shall be primary over any other valid and collectible insurance carried by the Member or TIPS. General Liability: $1,000,000 each Occurrence/Aggregate Automobile Liability: $300,000 Includes owned, hired & non‐owned Workers' Compensation: Statutory limits for the jurisdiction in which the Vendor performs under this Agreement. If Vendor performs in multiple jurisdictions, Vendor shall maintain the statutory limits for the jurisdiction with the greatest dollar policy limit requirement. Umbrella Liability: $1,000,000 each Occurrence/Aggregate

  • Service Requirements Grantee shall:

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