Common use of SCOPE CHANGES Clause in Contracts

SCOPE CHANGES. Without obtaining the Required Scope Change Approval, direct, consent to or enter into any Scope Change if such Scope Change: (a) will increase the amount of Project Costs unless the following clauses (i) and (ii) have been satisfied: (i) (A) the Company causes common equity contributions in the amount of such increase to be made to the Company (other than from funds in the Completion Guaranty Deposit Account or the Project Liquidity Reserve Account) and deposited in the Company's Funds Account; or

Appears in 4 contracts

Sources: Master Disbursement Agreement (Wynn Resorts LTD), Master Disbursement Agreement (World Travel LLC), Master Disbursement Agreement (Wynn Las Vegas LLC)