Construction and Term Loan definition

Construction and Term Loan means an advance made by Lender to Borrower under its Construction and Term Loan Commitment.
Construction and Term Loan. Agreement shall mean that certain Construction and Term Loan Agreement dated as of February 4, 1992, among Owner, the lenders parties thereto and General Electric Capital Corporation, as Agent and as Lender, as amended from time to time. Constant Personnel shall mean, at the time of determination, such Operator Personnel and GE O&M Personnel as were employed on the first day of the then current Project Year and are also scheduled to be employed in the same positions on the first day of the next Project Year pursuant to the Approved Annual Operating Plan for such next Project Year. Consumables shall mean, collectively, all items consumed or needing regular periodic replacement during operation and maintenance of the Facility, including, but not limited to, spare parts, water treatment chemicals, lubricants, office supplies, air filters, gaskets, hand tools, and all other consumable materials and parts required for the normal operation of the Facility, but not including Fuel and water.
Construction and Term Loan means the sum of all Advances made pursuant to this First Supplement.

Examples of Construction and Term Loan in a sentence

  • Amendment to the Construction and Term Loan Supplement dated April 23, 2008 between Farm Credit Services FLCA and Superior Ethanol, L.L.C. dated April 23, 2008 (Incorporated by reference to Exhibit 10.2 of the Company’s Current Report on Form 8-K filed May 19, 2008).

  • Capitalized terms used but not defined in this Instrument shall have the meanings ascribed to such terms in that certain Construction and Term Loan Agreement of even date herewith (“Loan Agreement”).

  • Consequently, it is less likely that the unconditional bailout rule will be applied and more likely that society benefits from the central bank’s lending decision.The following Lemma proves two properties of the minimum required magnitude of the punishment d that will be used in the next section.

  • On or about September 10, 2008, U.S. Bank and Construction entered into a Construction and Term Loan Agreement for $6.4 million, which would be used to build a multi- million dollar office building in Cedar Falls, Iowa to house Peregrine as the primary tenant.

  • Up to $365 million Senior Secured Credit Facilities 4-Year Construction and Term Loan Facility * * Closed on June 26, 2002 SCHEDULE 7 EXISTING LETTERS OF CREDIT CONECTIV LETTERS OF CREDIT Expiration Date Company Beneficiary Bank Date Issued L/C # Amount 1/31/03 PHI Liberty Mutual Bank One 1/31/98 320373 $400,000 2/28/03 PHI Penn Manufacturers Assoc.

  • Construction and Term Loan Supplement RI0355T01 2 Green Plains Renewable Energy, Inc.

  • Farm Credit and the Company are parties to a Construction and Term Loan Supplement dated March 15, 2007 (such agreement, as previously amended, is hereinafter referred to as the “Supplement”).

  • All borrowings evidenced by this Construction and Term Loan Note and all payments and prepayments of the principal hereof and the date thereof shall be recorded by Lender in its internal records; provided, that the failure of Lender to make such a notation or any error in such notation will not affect the obligations of Borrower to make the payments of principal and interest in accordance with the terms of this Construction and Term Loan Note and the Credit Agreement.

  • The Partnership's purpose is limited to conducting the business contemplated by the Fiber Construction Agreements (as defined below), which include the Construction and Term Loan Facility, by and among Credit Lyonnais New York Branch, NationsBank of Texas, N.A. and Toronto Dominion (USA) Inc.

  • On December 18, 2009, the Company entered into a Construction and Term Loan Agreement with Bank of Colorado to fund the construction of a new maintenance shop building.


More Definitions of Construction and Term Loan

Construction and Term Loan means the sum of all Advances made pursuant to this Fourth Supplement.

Related to Construction and Term Loan

  • Construction and demolition waste means the waste building materials, packaging, and rubble resulting from construction, remodeling, repair, and demolition operations on pavements, houses, commercial buildings and other structures.

  • Construction and demolition debris means and includes:

  • Acquisition and Construction Fund means the fund so designated in, and created pursuant to, Section 502 hereof.

  • Building construction means any physical activity on the site involved in the erection of a structure, cladding, external finish, formwork, fixture, fitting of service installation and the unloading of plant, machinery, materials or the like.

  • Residential construction means construction on single-family or two-family dwellings occupied or used, or intended to be occupied or used, primarily for residential purposes, and includes real property pursuant to chapter 499B.

  • Completion of Construction means all the construction is complete except for minor weather-related components and conforms to the approved plans and specifications and change orders.

  • Existing construction means any structure for which the "start of construction" commenced before the effective date of the initial floodplain management code or ordinance adopted by the community as a basis for that community's participation in the NFIP.

  • Operation and Maintenance or “O&M” shall mean all activities required to operate, maintain, and monitor the effectiveness of the RA as specified in the SOW or any EPA-approved O&M Plan.

  • Commencement of Construction means the commencement of construction of foundation components or elements (such as footings, rafts or piles) for the home.

  • Operation and Maintenance Costs means the costs of:

  • Construction Loan Agreement means the Construction Loan Agreement between Lender and Borrower for construction on the Land.

  • Bond Terms means these terms and conditions, including all Attachments which shall form an integrated part of these Bond Terms, in each case as amended and/or supplemented from time to time.

  • Pre-Construction Phase Services means the participation, documentation and execution of Contractor’s Pre-Construction Phase deliverables as required by this Agreement and further defined in Article 5.

  • Direct Construction Cost means the sum of the amounts that the Construction Manager actually and necessarily incurs for General Conditions Costs, Cost of the Work and Construction Manager’s Contingency during the Construction Phase as allowed by this Agreement. Direct Construction Cost does not include Pre-Construction Phase Fees or Construction Phase Fees.

  • New Term Loan shall have the meaning provided in Section 2.14(c).

  • The constructional plant means all appliances, tools, plants or machinery or whatsoever nature required in or about the execution, completion or maintenance of the works but does not include materials or other things intended to form part of the permanent work.

  • Interconnection Construction Service Agreement means the agreement entered into by an Interconnection Customer, Interconnected Transmission Owner and the Transmission Provider pursuant to Tariff, Part VI, Subpart B and in the form set forth in Tariff, Attachment P, relating to construction of Attachment Facilities, Network Upgrades, and/or Local Upgrades and coordination of the construction and interconnection of an associated Customer Facility. A separate Interconnection Construction Service Agreement will be executed with each Transmission Owner that is responsible for construction of any Attachment Facilities, Network Upgrades, or Local Upgrades associated with interconnection of a Customer Facility. Interconnection Customer:

  • GENERAL AND SPECIAL CONDITIONS OF CONTRACT means the instructions to Tenderer and General and special conditions of contract pertaining to the work for which above tenders have been called for.

  • Term of Agreement shall have the meaning ascribed thereto in Article 2 of this Agreement;

  • New construction means, for the purposes of determining insurance rates, structures for which the "start of construction" commenced on or after the effective date of an initial FIRM or after December 31, 1974, whichever is later, and includes any subsequent improvements to such structures. For floodplain management purposes, "new construction" means structures for which the "start of construction" commenced on or after the effective date of the floodplain management regulations adopted by a community and includes any subsequent improvements to such structures.

  • Construction Phase means that Phase of the Project which shall commence after the Authority provides the Trade Contractor with written Notice to Proceed with the Construction Phase.

  • Operation and Maintenance Expenses or ‘O&M expenses' means the expenditure incurred on operation and maintenance of the project, or part thereof, and includes the expenditure on manpower, repairs, spares, consumables, insurance and overheads;

  • Erection, construction, remodeling, repairing means all types of work done on a particular building or work at the site thereof in the construction or development of the project, including without limitation, erecting, construction, remodeling, repairing, altering, painting, and decorating, the transporting of materials and supplies to or from the building or work done by the employees of the Contractor, Subcontractor, or Agent thereof, and the manufacturing or furnishing of

  • Original construction ’ shall mean the first or initial construction

  • Standard Amendment Coversheet refers to the form used by the Judicial Council to amend agreements with other parties. Several originally signed, fully executed versions of a Standard Amendment, together with the integrated Contract Documents, shall each represent an Amendment as an individual contract counterpart.

  • Construction Plant means appliances, machinery with necessary supply to up keep and maintenance of the works or temporary works but dose not include materials or other things intended to form part of the permanent work.