Common use of Advance of Retainage Clause in Contracts

Advance of Retainage. The Retainage (but in no case greater than the unused balance of the Commitment allocated for construction) will be advanced by Agent to the Company pursuant to the conditions set forth in such construction contracts, upon written request by the Company certifying the satisfaction of such conditions precedent for payment of Retainage.

Appears in 13 contracts

Sources: Construction and Term Loan Supplement (Advanced BioEnergy, LLC), Construction and Revolving Term Loan Supplement (East Fork Biodiesel, LLC), Construction and Revolving Term Loan Supplement (Advanced BioEnergy, LLC)

Advance of Retainage. The Retainage (but in no case greater than the unused balance of the Commitment allocated for construction) will be advanced by Agent to the Company pursuant to the conditions set forth in such construction contracts, upon written request by the Company certifying the satisfaction of such conditions precedent for payment of RetainageRetain age.

Appears in 1 contract

Sources: Construction and Term Loan Supplement (Green Plains Renewable Energy, Inc.)

Advance of Retainage. The The. Retainage (but in no case greater than the unused balance of the Commitment allocated for construction) will be advanced by Agent to the Company pursuant to the conditions set forth in such construction contracts, upon written request by the Company certifying the satisfaction of such conditions precedent for payment of Retainage.

Appears in 1 contract

Sources: Construction and Term Loan Supplement (Lincolnway Energy, LLC)