Action items definition

Action items. Person responsible: Deadline:
View Source
Action items as used herein shall mean actions that Lender, in its sole and absolute discretion, has determined Borrower shall take to ensure that the construction of the Improvements on the Mortgaged Property is being conducted and completed in accordance with the respective terms of any of the Construction Documents. Lender may inspect the Mortgaged Property at any time and require Borrower to remediate construction if any work performed at the Mortgaged Property is not constructed in accordance with the respective terms of any of the Construction Documents and considered substandard by Lender in Lender’s absolute discretion.
View Source
Action items as used herein shall mean actions that Lender, in its sole and absolute discretion, has determined Borrower shall take to ensure that the construction of the Improvements on the Real Property Collateral is being conducted and completed to the satisfaction of Lender. Lender may inspect the Real Property Collateral at any time and require Borrower to remediate construction if any work performed at the Real Property Collateral is considered substandard by Lender in Lender’s absolute discretion. The failure to complete any additional work required by Lender upon inspection of the Real Property Collateral within thirty (30) days’ notice by Lender or its agents to Borrower shall be considered an additional Event of Default under this Agreement. Construction Loan and Security Agreement
View Source

Examples of Action items in a sentence

  • Action items requiring action or direction should be included in the quarterly status meeting agenda.

  • Action Item: Action items are high-level goals that the LHD would like to achieve over the coming budget period.

  • Action items involving an expenditure of funds may not be added to an agenda following its posting.

  • Action items agreed upon by all committee members, and certified to be cost neutral by OMB, will be memorialized in a side letter.

  • Action items resulting from the meeting shall be documented by memo or email and sent to the Committee members within three (3) days of the meeting.

  • Action items that affect performance or testing of the hardware shall be closed out prior to the start of protoflight testing.

  • Action items from the meeting will form part of agenda items for next meeting, and the next meeting will receive updates on whether action items were completed and, if not, what further action is required.

  • The Contractor shall provide summary Project Status Reports at the PMRs. Action items shall be assigned and recorded in an Action Item Log with specific closure dates for each item and a person responsible for resolving the action.

  • This report shall refer to the current activities shown on the latest issued bar chart and shall give: • Action items completed during the reporting period; • Description of progress: actual vs schedule, milestones and events accomplished; • Reasons for slippages and/or problem areas, if any, and corrective actions planned and/or taken, with revised completion date per activity; • Events anticipated during the next reporting period (e.g. milestones reached); • Milestone payment status.

  • Failure to satisfactorily comply with Required Action items identified during the site inspection can result in termination of the subgrant award agreement.


More Definitions of Action items

Action items and signing off on “Commitment Matrix” • To the following enrollment plan: A0 $5,000.00 Monthly retainer beginning July 1, 2003 ending upon client determination. The Client chooses monthly module determined by both parties one month in advance • 100% of that payment is due on the 1st of each month and presentation of Invoice • To pay for all expenses for services rendered which may include: air travel, car rental, hotel, food, and any printing charges. Expense check is due opon presentation of Expense Statement. • That client may terminate the services of ▇.▇.▇. Enterprises at the close of any business day with written declaration prior to course and payment in full for services to date. • Provide suitable working space for Staff of ▇.▇.▇. Enterprises due to the confidential nature of our work.
View Source
Action items means items listed on the Regular Meeting agenda for a Board vote. Notice
View Source

Related to Action items

  • Punchlist Items means any items necessary at the time of the issuance of a temporary certificate of occupancy to complete fully the renovation of the Project Facilities in accordance with the Plans and Specifications for the Project Facilities, or required for the issuance of a final certificate of occupancy or its equivalent.

  • Items means the finished goods or services which are intended for export from the United States, either directly or as an Indirect Export, meet the U.S. Content requirements in accordance with Section 2.01(b)(ii) of this Agreement and are specified in Section 4.A. of the Loan Authorization Agreement.

  • Punch List Items means such items (i) as are reasonably necessary or appropriate to fully complete the construction, equipping and furnishing of the Hotel in accordance with this Contract and (ii) that, unless otherwise agreed by Buyer in its sole discretion, (a) individually and in the aggregate do not and will not prohibit, cause a delay in or otherwise adversely affect, under applicable Legal Requirements, the Franchise Agreement or otherwise, the opening of the Hotel for business to the public or the continued occupancy and operation of the Hotel as contemplated under the Brand and (b) may be corrected or completed, subject to delays caused by Force Majeure, within not more than sixty (60) days.

  • Escrow Items means those items that are described in Section 3.

  • PROVISIONAL ITEMS means items for which approximate quantities have been included in the tender documents.