Construction Progress Report Clause Samples
POPULAR SAMPLE Copied 2 times
Construction Progress Report. The Financing Parties shall have received from the Borrower the most recent Construction Progress Report substantially in the form of Exhibit E and required to be delivered pursuant to Section 10.01(r). If any Construction Progress Report shall have indicated the absence of Material Compliance with the original Ramp and Capital Costs Budget delivered pursuant to Section 6.01(g) or the Ramp Schedule, Ex-Im Bank shall be satisfied in its reasonable discretion that Total Funding Available is adequate for the Borrower to achieve Phase I Completion by the Date Certain.
Construction Progress Report. During the period that Landlord is constructing the Building, its surrounding site improvements, and the Tenant Improvements, Landlord will (i) deliver to Tenant a copy of written construction progress reports on the regular basis such reports are prepared by Landlord's developer and property manager, and (ii) make best efforts to provide Tenant with prompt written notice of any anticipated delay in the Scheduled Commence Date set forth in Section 2(f) of the Lease. Landlord's failure to comply with the above shall not constitute a default under this Lease.
Construction Progress Report. On or before the tenth (10th) day following the end of a calendar quarter during the Term, Seller shall provide to Buyer a report stating (i) the expected online date of any Generating Unit under construction, (ii) the estimated percent completion of such Generating Unit, (iii) an update on the status of any permits or licenses required for operation of the Generating Unit, and (iv) any issues that may cause a change in the expected online date. The first Construction Progress Report shall be provided by Seller within ten (10) Business Days following the Effective Date. Each Construction Progress Report shall be signed by an officer of Seller verifying that the Construction Progress Report is true and accurate.
Construction Progress Report. DOE shall have received, in form and substance satisfactory to DOE in consultation with the Lender’s Engineer:
(a) the most recent Construction Progress Report, certified by the Borrower and the Lender’s Engineer as being accurate and complete in all material respects based upon the Borrower’s good faith reasonable estimates of the information contained therein with respect to the following:
(i) construction of the Project is proceeding in accordance with the Project Milestone Schedule and the Construction Budget, or if construction is not proceeding in accordance with the Project Milestone Schedule and the Construction Budget, then the Construction Progress Report shall describe any variances and state that the variances could not reasonably be expected to have a Material Adverse Effect;
(ii) the Project is expected to achieve Operational Completion by the Anticipated Operational Completion Date; and
(iii) Total Funding Available is sufficient to pay all remaining Total Project Costs (including Debt Service through Operational Completion, DOE Credit Facility Fees, Periodic Expenses, identified Cost Overruns, and required funding of reserve accounts);
(iv) evidence that as of the date of such Construction Progress Report (A) each Construction Contractor, any sub-contractor, and each Operator shall have irrevocably waived and released all Liens, statutory or otherwise, that any of them may have or acquire on the Collateral Security with respect to work completed prior to the last submission for payment; and (B) all unpaid balances that are due or unsettled claims with any Construction Contractor or any sub-contractor, if any, have been adequately paid and that those being contested or negotiated in good faith are provisioned to the reasonable satisfaction of DOE; and
(b) certification from the Borrower and the Lender’s Engineer that, as of the Quarterly Approval Date:
(i) the Borrower is in material compliance with all Environmental Laws and any other applicable environmental requirements in respect of the Project;
(ii) the Borrower is in material compliance with all Governmental Approvals;
(iii) there is no reason to believe that anything is incorrect or misleading in any material respect in the most recent Construction Progress Report; and
(iv) nothing has occurred since the date of the most recent Construction Progress Report or the date of the Lender’s Engineer’s most recent site visit, whichever is later, that could reasonably be expected to prevent co...
Construction Progress Report. Due: Monthly by the 20th of the following month. SUBRECIPIENT shall provide detailed information on the progress of the project including, but not limited to: • Design Modifications • Development Order/Permitting Process • Narrative Indicating Type of Work Completed During the Reporting Period • Building Inspection Report Results • Construction Change Orders Construction Progress Report (Exhibit 1)
Construction Progress Report. The Lender shall have received from the Borrowers the most recently due Construction Progress Report.
Construction Progress Report. Due monthly by the 20th of the following month. Provide detailed information on the progress of the project, including, but not limited to: • Design Modifications • Development Order/Permitting Process • Narrative Indicating Type of Work Completed During the Reporting Period • Building Inspection Report Results • Construction Change Orders Developer: Contract No.: Activity: Reporting Period: / / to / / For this reporting period, provide a brief summary of activities completed and any accomplishments achieved. PROVIDER hereby certifies that all information reported in this exhibit has been collected and reported in compliance with all applicable statutes and regulations, and in accordance with the approved County contract. Signed by: Date Complete upon initial occupancy once construction is complete and until the Southward Village Phase 2 units are leased up. On all reports, the total number of beneficiaries in the income, race, and ethnicity categories MUST EQUAL the number of new beneficiaries for the reporting period. Developer: ___________________________________________ Activity: ________________________________ Contract No. __________________________________________________ Reporting Period: ____________________________________________________ Total beneficiaries served this reporting period: Total new beneficiaries this reporting period: Is this activity in a targeted neighborhood as defined by the Department of Human Services? If yes, which neighborhood area(s): INCOME: Household income is calculated and reported in accordance with the annual HUD income limits. Income percentages indicate “at or below” that percentage and are a percentage of the area median income (AMI). Annual income limits are provided at issuance and throughout the duration of the contract. The current income limits can be found online at ▇▇▇▇▇://▇▇▇.▇▇▇▇▇▇▇▇▇▇▇.▇▇▇▇/manage-a-program/home-income-limits/. The agency committed to rent all of the units to persons at a certain income limit. For these units, that income limit was at or below 50% of the AMI. Are all tenants reported at or below the 50% AMI? FEMALE HEAD OF HOUSEHOLD? Yes or No (Circle one) RACE/ETHNICITY: Report the number of new beneficiaries (households) for the reporting period in the box below the appropriate category. White Black/ African Asian American Indian/ Native Hawaiian/ Other Pacific American Indian/ Alaskan Native & White Asian Black / African American Indian/Alaskan Native & Other Multi- Number Hispanic N...
