Common use of REQUISITION; USE OF INVESTMENT PROCEEDS Clause in Contracts

REQUISITION; USE OF INVESTMENT PROCEEDS. Except with respect to Advances made by the Purchasers pursuant to Section 1.04(c), the Agent shall have received a timely and complete Requisition pursuant to and in compliance with Section 1.04(b) hereof. All proceeds of the Fundings expended by or on behalf of the Company shall have been applied solely to Actual Project Costs, and the Company, in its individual capacity and not as Construction Agent, shall certify the same in each Requisition and provide such other evidence with respect to the use of such proceeds as may be reasonably requested by the Agent.