Resolution 6664 - Laserfiche WebLink

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• Section 5.04 Condition Precedent to An~~ Advance. The obligation of the State Entity to make any Advance hereunder (including the initial Advance) shall be subject to the following conditions precedent: A. The State Entity shall have received a Draw Requisition for such Advance specifying the amount of funds being requested, which such amount «'hen added to all prior requests for an Advance shall not exceed the maximum amount of the Grant set forth in Section 1.01. B. The State Entity shall have received evidence, in form and substance acceptable to the State Entity, that (i} the Public Entity has legal authority to and has taken al] actions necessary to enter into this Agreement, and (ii) this Agreement is binding on and enforceable against the Public Entity. C. The State Entity shall have received evidence, in form and substance acceptable to the State Entity, that that the Public Entity has sufficient funds to fully and completely pay for the Predesign Stage and all other expenses that may occur in conjunction therewith. D. The State Entity shall have received evidence, in form and substance acceptable to the State Entity, that the Public Entity is in compliance with the matching funds requirements, if any, contained in Section 6.20. r~ E. No determination shall have been made by the State Entity that the amount of funds committed to the completion of the Predesign Stage is less than the amount required to pay all costs and expenses of any kind which reasonably may be anticipated in connection with the completion of the Predesign Stage, or if such a determination has been made and notice thereof sent to the Public Entity then the Public Entity has supplied or has caused some other entity to supply the necessary funds in accordance with Section 5.03, or to provide evidence acceptable io the State Entity that sufficient funds are available. F. No Event of Default under this Agreement or event which would constitute an Event of Default but for the requirement that notice be given or that a period of Brace or time elapse shall have occurred and be continuing. G. The Public Entity has supplied to the State Entity all other items that the State Entity may reasonably require. Article VI MISCELLANEOUS. I~~ Section 6.01 Changes to G.O. Compliance Legislation or the Commissioner's Order. In the event that the G.O. Compliance Legislation or the Commissioner's Order is amended in a manner which reduces any requirement imposed against the Public Entity, or if the Predesign Stage or the Real Property and, if applicable, the Facility is exempt from the G.O. Compliance Legislation and the Commissioner's Order, then upon written request by the Public Entity the State Entity shall enter into and execute an amendment to this Agreement to implement herein Generic GO Grant APreement for Pre-Design or Design Grants I7 Ver- 7/30/03 (Gnrc GO GA-PrDsgn Gmt)