Common use of Project Approvals Clause in Contracts

Project Approvals. The Project has been approved by (1) the Local ▇▇▇, (2) the Governor or Lieutenant Governor of the Commonwealth as the "applicable elected representative," as that term is defined under the Code, of the Issuer after a public hearing held upon reasonable public notice, as required by the Code, and (3) the Issuer by adoption of resolutions including the Bond Resolution as required by the Act.

Project Approvals. The Project has been approved by (1) the Local ▇▇▇IDA, (2) the Governor or Lieutenant Governor of the Commonwealth as the th▇ "applicable elected representative," as that term is defined under the Code, of the Issuer after a public hearing held upon reasonable public notice, as required by the Code, and (3) the Issuer by adoption of resolutions including the Bond Resolution as required by the Act.