Covenants of Grantee. Section 7.1 OTHER FINANCING. Grantee shall close all construction financing within 120 days of execution of this Agreement. In the event Grantee has not fulfilled this condition within 120 days of Grantee’s execution of this Agreement, the Committee’s obligation under this Agreement shall automatically terminate unless extended by the Committee.
Appears in 2 contracts
Sources: Conditional Grant Agreement, Conditional Grant Agreement