Construction Contributions definition
Examples of Construction Contributions in a sentence
The Agent acknowledges that Project Co may only use amounts withdrawn from the Construction Proceeds Account after the date on which the first State Construction Contribution is paid into the Construction Proceeds Account for the payment of SCC Project Costs or GST related to SCC Project Costs in accordance with clause 28.3(d) (Payment of State Construction Contributions) of the Project Agreement.
The Board shall issue a Capital Call requesting the Brookfield Member to make an Additional Capital Contribution equal to the Overrun Commitments on or after the date contemplated by the Project Execution Plan (the “Overrun Contribution” and, together with the Scheduled Construction Contributions, the “Budgeted Capital Contributions”); provided, that in no event shall a Capital Call issued for the Overrun Contribution request such contribution to be made on any day following the Longstop Date.
Such payment by Ross will be in addition to any Voluntary Ross Construction Contributions required by other notices given by Ross as described in subparagraph of the Construction Management Agreement.
Such payment by NAI will be in addition to any Voluntary NAI Construction Contributions required by other notices given by NAI as described in subparagraph 3(C) of the Construction Management Agreement.
Distributions pursuant to this Section 4.2(f)(ii) shall be made to the Members in proportion to the Excess Construction Contributions actually funded by them.
The Minister, the School Council and the Community Partner agree to make the Construction Contributions as set out in Part B2 of the Schedule towards the cost of the Works.