Title Certification. If the Credit Event Date is on or after January 15, 2002, the A.L.T.A. surveys delivered for the Subject Project pursuant to Section 3.2.22 shall have been certified to Administrative Agent by a licensed surveyor reasonably satisfactory to Administrative Agent. Notwithstanding anything to the contrary contained herein, in the event of any conflict between the terms of this Section 3.3 and the terms of the Building Loan Agreement, the provisions hereof shall govern and control. Accordingly, the parties hereto agree that in the event that each of the conditions precedent for a Borrowing of a Construction Loan set forth herein are satisfied, then all conditions for an Advance (as defined in the Building Loan Agreement) shall be and be deemed satisfied for all purposes thereunder.
Appears in 2 contracts
Sources: Credit Agreement (Pg&e Corp), Credit Agreement (Pacific Gas & Electric Co)