Construction Disbursement Agreement definition

Construction Disbursement Agreement means that certain [Construction Disbursement Agreement] dated [ ], 2022, between the Initial Funding Lender, in its capacity as Servicer and the Borrower, pursuant to which the Borrower Loan will be advanced by the Funding Lender (or the Servicer on its behalf), as agent, solely for the purpose of disbursing the Borrower Loan for the Governmental Lender to the Fiscal Agent for disbursement to the Borrower and setting forth certain provisions relating to disbursement of the Borrower Loan during construction, insurance and other matters, as such agreement may be amended, modified, supplemented and replaced from time to time.
Construction Disbursement Agreement means the Construction Disbursement Agreement dated as of even date with this Indenture, between the Borrower and Bank, as the same may be supplemented, amended or modified.
Construction Disbursement Agreement means the Construction Disbursement Agreement dated as of 1, 2019 between the Borrower and the Bank, as may be amended, supplemented or modified from time to time.

Examples of Construction Disbursement Agreement in a sentence

  • The proceeds of the Funding Loan shall be advanced by the Funding Lender to the Fiscal Agent (pursuant to the wiring instructions on Exhibit G attached hereto) for payment to or for the benefit of the Borrower for the account of the Governmental Lender as and when needed to make each advance in accordance with the disbursement provisions of the Construction Disbursement Agreement, Section 7.7 hereof, and Section 2.11 of the Borrower Loan Agreement.


More Definitions of Construction Disbursement Agreement

Construction Disbursement Agreement means the [Construction Disbursement Agreement] dated as of the Delivery Date by and between the Borrower and the Servicer, as the same may be amended, modified or supplemented from time to time.
Construction Disbursement Agreement means that certain Construction Disbursement Agreement dated as of the date hereof, between the Funding Lender and the Borrower, setting forth certain provisions relating to disbursement of the Borrower Loan during construction, insurance and other matters, as such agreement may be amended, modified, supplemented and replaced from time to time.
Construction Disbursement Agreement means that certain Construction Disbursement Agreement of even date herewith, between the Funding Lender, as agent for the Governmental Lender, and the Borrower, pursuant to which the Borrower Loan will be advanced by the Funding Lender (or the Servicer on its behalf), as agent of the Governmental Lender, to the Fiscal Agent for disbursement to the Borrower and setting forth certain provisions relating to disbursement of the Borrower Loan during construction, insurance and other matters, as such agreement may be amended, modified, supplemented and replaced from time to time.
Construction Disbursement Agreement means the Construction Disbursement Agreement to be entered into by and between the Borrower and the Funding Lender, as the same may be amended, modified or supplemented from time to time.
Construction Disbursement Agreement means that certain Construction Disbursement Agreement dated of even date herewith, between the Initial Funding Lender, in its capacity as Servicer and the Borrower, pursuant to which the Borrower Loan will be advanced by the Funding Lender (or the Servicer on its behalf), as agent, solely for the purpose of disbursing the Borrower Loan for the Governmental Lender to the Fiscal Agent for disbursement to the Borrower and setting forth certain provisions relating to disbursement ofthe Borrower Loan during construction, insurance and other matters, as such agreement may be amended, modified, supplemented and replaced from time to time.
Construction Disbursement Agreement means the Construction Disbursement Agreement to be executed by the Partnership and the servicer named therein, setting forth certain covenants and conditions relating to the Borrower Loan, including any supplements or amendments thereto made in conformity therewith.
Construction Disbursement Agreement means the Construction Disbursement Agreement dated as of , 2023, by and among the Manager, the Construction Monitor, the Trustee [and JPMorgan Chase Bank, National Association, in its capacity as the Purchasers’ Representative].