Examples of Project Premises in a sentence
The Project Premises is commonly referred to as being 200 acres in size.
The first phase shall consist of the acquisition and/or improvement of the Project Premises, and such other development and start-up activities, related to the establishment of the Project, as are described in Appendix B hereto (hereinafter the "Project Establishment Phase").
During the Project Operational Phase the Sponsor shall use the Project Premises to house people who would otherwise be homeless, as described in Appendix B, the Internal Review Package and the Management and Operating Plan approved by the Corporation.
The second phase shall consist of the ongoing operation of the Project Premises as housing for persons who would otherwise be homeless, including resident occupancy, management and provision of necessary support services.
If the establishment of the Project requires an Improvement to the Project Premises, the Corporation may at its discretion provide a construction advance to the Sponsor in an amount to be determined by the Corporation, provided, however, that such an advance may not exceed 25% of the amount of the Award.