Construction Budget and Schedule Sample Clauses

Construction Budget and Schedule. (a) On a quarterly basis beginning in the fourth (4th) full calendar month during the Construction Phase, but no later than the end of the fourth (4th) calendar month after the receipt by Purchaser’s Manager of the most recent quarterly Construction Budget and Schedule delivered to the Management Committee under this clause (a), or as required under Section 16.3(b)(i), Owner shall prepare and submit to the Management Committee for review and approval an update of the Preliminary Budget and Schedule (such updated budget and schedule as established herein, the "Construction Budget and Schedule"). At the request of Purchaser’s Manager, Owner shall provide the Management Committee with copies of the data, invoices, price sheets and other information utilized in the preparation of the Construction Budget and Schedule, and shall make the personnel responsible for preparing the Construction Budget and Schedule available during normal business hours and upon reasonable advance notice to discuss the proposed Construction Budget and Schedule with the Management Committee.
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Construction Budget and Schedule. A construction budget and schedule that sets forth (a) a preliminary budget for the construction and development of the Hotel Building and completion of the Hotel Project, including, but not limited to all design, construction, fees, hard costs, and other soft costs; (b) workable pro forma detailing projections of total development costs (i.e., built costs, price per square foot, site costs, soft costs, developer fees) and for anticipated sales price, net proceeds, and any funding; and, (c) schedule of construction and substantial completion.
Construction Budget and Schedule. Borrowers have prepared eachEach Construction Budget and Schedule has been prepared in good faith and on the basis of reasonable assumptions in accordance with the Budgeting Procedures. As of the date of this Agreement and as of the date when this representation is made or deemed made, there are no material Construction Costs for an Eligible Project that are not included in the Construction Budget and Schedule for such Eligible Project.
Construction Budget and Schedule. (1) Not later than the fifteenth day of each quarter prior to Final Completion, the Borrower shall submit to the Administrative Agent an updated draft construction budget and schedule based upon the prior Construction Budget and Schedule then in effect.
Construction Budget and Schedule. A construction budget and schedule that sets forth
Construction Budget and Schedule. Borrower shall have delivered to Lender a detailed budget and schedule (the “Construction Budget and Schedule”) describing the phases of construction of the Project and all anticipated Project costs, sources and uses of funds, estimates of revenues, and cash flows expected to be generated through the date of expected completion, and such other information as the Lender may reasonably require, which Construction Budget and Schedule shall be satisfactory to Lender (in consultation with the Independent Engineer). The Construction Budget and Schedule is attached hereto as Exhibit I;
Construction Budget and Schedule. The Administrative Agent shall have received a certificate of the Borrower attaching the Construction Budget and Schedule, and certifying that, as of the Closing Date, the Construction Budget and Schedule is: (x) based on good faith assumptions believed by the Borrower to be reasonable and (y) consistent in all material respects with the provisions of the EPC Contract. (m)
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Construction Budget and Schedule. The Construction Budget and Schedule certified as such by an Authorized Officer of the Borrower and in form and substance satisfactory to the Independent Engineer.
Construction Budget and Schedule. The Construction Budget and Schedule is, as of its date of delivery to the Administrative Agent pursuant to Schedule 5.12, (a) based on good faith assumptions believed by the Borrower to be reasonable and (b) consistent in all material respects with the provisions of the EPC Contracts, it being recognized by the Lenders that the Construction Budget and Schedule (and the information contained therein) as it relates to future events is not to be viewed as fact and that actual results during the period or periods covered by such information may differ from the projected results set forth therein by a material amount. Section 3.27
Construction Budget and Schedule. The Partners have agreed to the Construction Budget and Schedule for the SVC Facility attached as Exhibit A hereto.
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