Example ContractsClausesrestorationVariants
Restoration
Restoration contract clause examples

The Net Proceeds shall be made available to the Restoring Borrower for Restoration upon the satisfaction of the Agent in its reasonable discretion that the following conditions are met:

The Net Proceeds shall be made available to for Restoration upon the approval of in its reasonable discretion that the following conditions are met or waived in writing by :

the Net Proceeds together with any cash or cash equivalent deposited by the Restoring Borrower with the Agent are in an amount sufficient in the Agent’s reasonable discretion to cover the estimated cost of Restoration, taking into account the budget delivered to the Agent in accordance with [clause (J) above] and maintain the Loan in balance.

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