Common use of EVIDENCE OF REDEVELOPER’S ABILITY Clause in Contracts

EVIDENCE OF REDEVELOPER’S ABILITY. Evidence of Redeveloper’s Financial Ability to Construct Private Improvements. Redeveloper shall, within sixty (60) days following the date of this Agreement, state the amount and source of debt financing which has been obtained or irrevocably committed to Redeveloper for use in completing the Private Improvements. Such information shall be provided in a form satisfactory to the Finance Director of the City. Evidence of loan commitments shall include all the documents evidencing the loan commitment, and acceptance by the borrower, the purposes of the loan, the authorized use of loan funds, and all other terms and conditions of the loan commitment, the acceptance, and the loan.

EVIDENCE OF REDEVELOPER’S ABILITY. Evidence of Redeveloper’s Financial Ability to Construct Private Improvements. Redeveloper shall, within sixty (60) days following the date Date of this Agreement, state the amount and source of debt financing which has been obtained or irrevocably committed to Redeveloper for use in completing the Private Improvements. Such information shall be provided in a form satisfactory to the Finance Director of the City. Evidence of loan commitments shall include all the documents evidencing the loan commitment, and acceptance by the borrower, the purposes of the loan, the authorized use of loan funds, and all other terms and conditions of the loan commitment, the acceptance, and the loan.

EVIDENCE OF REDEVELOPER’S ABILITY. Evidence of Redeveloper’s Financial Ability to Construct Private Improvements. Redeveloper shall, within sixty one hundred and eighty (60180) days following the date Date of this Agreement, state the amount and source of debt financing which has been obtained or irrevocably committed to Redeveloper for use in completing the Private Improvements. Such information shall be provided in a form satisfactory to the Finance Director of the City. Evidence of loan commitments shall include all the documents evidencing the loan commitment, and acceptance by the borrower, the purposes of the loan, the authorized use of loan funds, and all other terms and conditions of the loan commitment, the acceptance, and the loan.

EVIDENCE OF REDEVELOPER’S ABILITY. Evidence of Redeveloper’s Financial Ability to Construct Private Redeveloper Improvements. Redeveloper shall, within sixty (60) days following the date Date of this Agreement, state the amount and source of debt financing which has been obtained or irrevocably committed to Redeveloper for use in completing the Private Redeveloper Improvements. Such information shall be provided in a form satisfactory to the Finance Director of the City. Evidence of loan commitments shall include all the documents evidencing the loan commitment, and acceptance by the borrower, the purposes of the loan, the authorized use of loan funds, and all other terms and conditions of the loan commitment, the acceptance, and the loan.