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1 <br />2 <br />3 <br />4 <br />5 <br />6 <br />6 <br />0 <br />0 <br />2 <br />3 <br />.4 <br />5 <br />6 <br />17 <br />8 <br />i9 <br />'.0 <br />M <br />?2 <br />23 <br />!4 <br />'5 <br />'6 <br />'7 <br />,B <br />'•9 <br />�0 <br />s� <br />52 <br />Recipient: City of Santa Ana California Grant Number: B-84-AA-06-061.5(P <br />Continuation Sheet ---Exhibit E <br />XIV <br />(a) Recipient's attorney or an acceptable banking institution shall <br />certify that cash or liquid assets of not less than $35,898 are available or <br />irrevocably committed to Escalante and are sufficient to complete the development <br />of Project Element D. Such certification shall identify the kinds of assets and <br />the nature of the irrevocable commitment. <br />(b) Evidence of this commitment shall be in accordance with Section <br />10.07 or 10.05 of this Grant Agreement. <br />XV <br />(a) Escalante shall irrevocably and unconditionally guarantee the <br />repayment of the UDAG interim/Permanent Loan to it and the completion of the <br />development of Project Element D within the timeframe hereafter set forth in <br />Exhibit F to this Grant Agreement. <br />(b) Evidence of this commitment shall be in accordance with Section <br />10.04 of this Grant Agreement. <br />XVI <br />(a) Recipient's attorney or an acceptable banking institution shall <br />certify that cash or liquid assets of not less than $20,720 are available or <br />irrevocably committed to Fainbarg and are sufficient to complete the Project. Such <br />certification shall identify the kinds of assets and the nature of the irrevocable <br />commitment. <br />(b) Evidence of this commitment shall be in accordance with Section <br />10.07 or 10.08 of this Grant Agreement. <br />XV II <br />(a) Feinberg shall irrevocably and unconditionally guarantee the -completion <br />of the development of Project Element E within the timeframe hereafter set forth in <br />Exhibit F to this Grant Agreement. <br />(b) Evidence of this commitment shall be in accordance with Section <br />10.04 of this Grant Agreement. <br />EXHIBIT E <br />Page 21 of 22 <br />