Construction Terms Sample Clauses
The 'Construction Terms' clause defines the specific terminology, standards, and requirements that govern the execution of construction-related work under a contract. It typically outlines the materials to be used, quality expectations, timelines, and methods of performance, ensuring all parties have a shared understanding of the project's technical and procedural aspects. By clearly specifying these terms, the clause helps prevent misunderstandings, sets measurable benchmarks for performance, and allocates responsibility, thereby reducing the risk of disputes during the construction process.
Construction Terms. If the Lender Contract includes requirements related to construction of the Project and disbursement of Financing, such requirements are set forth in Exhibit D attached hereto and incorporated herein by reference. Such requirements may include, among other things, (1) the disbursement schedule and (2) any holdback amount to be funded following verification of final project completion.
Construction Terms. This Agreement has been entered into freely by each of the Parties, following consultation with their respective counsel, and shall be interpreted fairly in accordance with its respective terms, without any construction in favor of or against either party.
Construction Terms. The Financing Documents executed by Lender and Property Owner must include a requirement that Lender will withhold % of the Financing until verification that the Project was properly completed and is operating as intended is provided to Authorized Representative by an Independent Third Party Reviewer (“ITPR), or Property Owner will pay liquidated damages to Lender of $ per day for every day after 30 days following completion of the Project that such verification of completion is not provided. If verification of completion is not provided by Property Owner within 30 days after completion of the Project, such verification shall be submitted by Lender. If this Lender Contract includes any additional requirements related to construction of the Project and disbursement of Financing, such requirements are set forth in Exhibit C attached hereto and incorporated herein by reference. Such requirements may include, among other things, (1) the disbursement schedule and (2) any holdback amount to be funded following verification of final project completion.
Construction Terms. Location of Cable
Construction Terms. If this Lender Contract includesThe Financing Documents executed by ▇▇▇▇▇▇ and Property Owner must include a requirement that Lender will withhold % of the Financing until verification that the Project was properly completed and is operating as intended is provided to Authorized Representative by an Independent Third Party Reviewer (“ITPR), or Property Owner will pay liquidated damages to Lender of $ per day is not provided. If verification of completion is not provided by Property Owner within 30 days after completion of the Project, such verification shall be submitted by Lender. If this Lender Contract includes any additional requirements related to construction of the Project and disbursement of Financing, such requirements are set forth in Exhibit C attached hereto and incorporated herein by reference. Such requirements may include, among other things, (1) the disbursement schedule and (2) any holdback amount to be funded following verification of final project completion. v.093016WLM 8 AR_ONLY PACE Lender Contract By: Title: Address: STATE OF § COUNTY OF § , on behalf of acknowledged before me on NOTARY PUBLIC, STATE OF WILLIAMSON COUNTY, TEXAS By: By: TEXAS PROPERTY ASSESSED CLEAN ENERGY AUTHORITY AUTHORIZED REPRESENTATIVE Pursuant to Tex. Local Gov’t Code §399.006(b) By: Name: ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Title: PRESIDENT, TEXAS PACE AUTHORITY Address: PO BOX 200368 AUSTIN, TX 78720-0368 COUNTY OF § acknowledged before me on , 20 by ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇, President, Texas Property Assessed Clean Energy Authority, dba Texas PACE Authority, a Texas nonprofit corporation, on behalf of said corporation as Authorized Representative for the Local Government. Assessment Total: Payment ScheduleFrequency: Project Completion Date: LENDER CONTRACT EXHIBIT C CONSTRUCTION TERMS Lender will retain % of the Financing until a report of completion by a qualified Independent Third Party Reviewer (“ITPR”) is provided to Authorized Representative. Property Owner will pay liquidated damages to Lender of $ per day for every day after 30 days following completion of the Project that such a report of completion is not provided. ▇▇▇▇▇▇ will then provide the report of completion to Authorized Representative. Date Draw down Amount Purpose STATE OF TEXAS § § COUNTY OF ▇▇▇▇▇▇▇▇▇▇ §
M. A. The Property Assessed Clean Energy Act (“PACE Act”), Texas Local Government Code Chapter 399, authorizes the governing body of a local government to establish a program and designate a region within the lo...
Construction Terms. 7.1.1 The actual location of the water service pipeline and curb stops installed in the Development may differ from the location shown on Schedule "A" and will be determined in consultation with the Developer at the time the water service is installed, if required;
7.1.2 The Service Connection installed pursuant to this agreement, whether installed by the Utility or the Developer, or any agent or subcontractor, and including the meter assembly, and all fittings, manifolds, valves and connections upstream from the Point of Delivery, shall be and remain the property of the Utility;
Construction Terms. Retainage or Liquidated Damages:
Construction Terms. If this County Lender Contract includes requirements related to construction of the Project and disbursement of Financing, such requirements are set forth in Exhibit C attached hereto and incorporated herein by reference. Such requirements may include, among other things, (1) the disbursement schedule and (2) any holdback amount to be funded following verification of final Project completion.
Construction Terms. The Financing Documents executed by Lender and Property Owner must include a requirement that Lender will withhold ______% of the Financing until verification that the Project was properly completed and is operating as intended is provided to Authorized Representative by an Independent Third Party Reviewer (“ITPR), or Property Owner will pay liquidated damages to Lender of $_______ per day for every day after 30 days following completion of the Project that such verification of completion is not provided. If verification of completion is not provided by Property Owner within 30 days after completion of the Project, such verification shall be submitted by Lender. If this Lender Contract includes any additional requirements related to construction of the Project and disbursement of Financing, such requirements are set forth in Exhibit C attached hereto and incorporated herein by reference. Such requirements may include, among other things, (1) the disbursement schedule and (2) any holdback amount to be funded following verification of final project completion. ____________________________________ By: Name: Title: Address: Email Address: _______________________ STATE OF ________ § COUNTY OF ________ § This PACE Lender Contract pursuant to Property Assessed Clean Energy Act was acknowledged before me on ______________, ________ by ____________________________, _____________________________, on behalf of ________________. ________________________________(print name) NOTARY PUBLIC, STATE OF ________ LOCAL GOVERNMENT: SAN ▇▇▇▇▇▇▇▇ COUNTY, TEXAS By: TEXAS PROPERTY ASSESSED CLEAN ENERGY AUTHORITY AUTHORIZED REPRESENTATIVE Pursuant to Tex. Local Gov’t Code §399.006(b) By: _______________________________________________________ Name: ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Title: PRESIDENT, TEXAS PACE AUTHORITY Address: ▇▇ ▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇-▇▇▇▇ Email Address: ▇▇▇▇▇▇▇▇@▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇ STATE OF TEXAS § COUNTY OF ________ § This PACE Lender Contract pursuant to Property Assessed Clean Energy Act was acknowledged before me on ______________, 20__ by ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇, President, Texas Property Assessed Clean Energy Authority, dba Texas PACE Authority, a Texas nonprofit corporation, on behalf of said corporation as Authorized Representative for the Local Government. ________________________________(print name) NOTARY PUBLIC, STATE OF TEXAS FINANCING DOCUMENTS Assessment Payment Schedule Assessment Total: Payment Frequency:
Construction Terms. The Financing Documents executed by Lender and Property Owner must include a requirement that Lender will withhold % of the Financing until verification by an Independent Third Party Reviewer (“ITPR) to Authorized Representative that the Project was properly completed and is operating as intended. Property Owner will pay liquidated damages to Lender of $ per day for every day after 30 days following