Construction Disbursing Agreement definition

Construction Disbursing Agreement means that certain construction disbursing agreement dated of even date herewith between the Trustee, the Bank and the Borrower pursuant to which the proceeds of the Bonds will be disbursed.
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Construction Disbursing Agreement means the Construction Disbursing Agreement, of even date herewith, executed by the Disbursing Agent, the Borrower, and the Agent, as the same may be from time to time amended, modified, or supplemented.
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Construction Disbursing Agreement means the agreement to be entered into by and among the Authority, the Redeveloper, the Title Company (or another third party approved by the Authority and Redeveloper), the Bond Trustee, and certain other Financing Sources designated and/or approved by the Authority, specifying the terms and conditions upon which funds will be disbursed from the Construction Escrow to pay Redevelopment Project Costs.
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Examples of Construction Disbursing Agreement in a sentence

  • See Appendix A: “THE PROJECT—Project Design and Construction—Construction.” Payment of construction and other development-related costs for the Project will be made by the Trustee pursuant to the requirements of the Indenture and a Construction Disbursing Agreement (the “Disbursing Agreement”), to be entered into by the Borrower, the Trustee and the Title Insurance Company, acting as disbursing agent (referred to in such capacity as the “Disbursing Agent”).

  • Borrower shall not withdraw any amounts from the Debt Service Fund Account without the prior written consent of Lender or except as otherwise expressly permitted by this Agreement, the Project Addition Construction Disbursing Agreement or the Project Addition Escrow Account Agreement.

  • Disbursement of funds from the Shortfall Escrow Fund shall be in accordance with the terms of the Construction Disbursing Agreement.

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  • Subject to Section 2.02(b) below, all disbursements will be made by wire transferring such funds to the Disbursing Account in the amount of each Draw Request which is approved pursuant to the Construction Disbursing Agreement.

  • The Borrower is not in default under the terms of this Agreement, the Construction Disbursing Agreement, the Related Documents, the Revolving Credit Agreement or any other agreement to which the Borrower is a party and which relates to the construction or operation of the Project, and that no such default will result from the Advance.

  • Borrower shall not withdraw any amounts from the Construction Escrow Account without the prior written consent of Lender or except as otherwise expressly permitted by this Agreement or the Project Construction Disbursing Agreement.

  • Disbursements of the Advances will be made by the Agent and the Disbursing Agent in the manner provided in the Construction Disbursing Agreement.

  • Notwithstanding the foregoing, all disbursements for the construction of the Project, unless otherwise elected by Lender, shall be made through the Title Company pursuant to the Project Addition Construction Disbursing Agreement, and no Disbursement shall be made to the Title Company until Lender receives written confirmation from the Title Company that, at the time of each Disbursement, the Title Policy will be endorsed using a date down endorsement acceptable to Lender.

  • Should any provisions of this Section 2.02(f) conflict or be inconsistent with any terms or conditions of the Construction Disbursing Agreement, the Construction Disbursing Agreement shall control.

Related to Construction Disbursing Agreement

  • Construction Agreement means the proposed building agreement between the Company and a proposed builder substantially in the form of the draft agreement a copy of which has been signed on behalf of the Authority and the Company for the purposes of identification;

  • Construction Management Agreement means the Construction Management Agreement, dated as of the date of the Common Agreement, between Construction Manager and the Project Company.

  • Subproject Agreement means any of the agreements referred to in Section 3.07 of this Agreement; and

  • Construction Services Agreement (CSA) means the Construction Services Agreement, together with any duly authorized and executed amendments hereto.

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

  • Construction Agreements means agreements to which Tenant is a party for Construction Work, rehabilitation, alteration, repair, replacement or demolition performed pursuant to this Lease.

  • Construction Debt means debt incurred to fund (a) all or a portion of a Capital Improvement, (b) interest payments (including periodic net payments under related interest rate swap agreements) and related fees on other Construction Debt or (c) distributions (including incremental Incentive Distributions) on Construction Equity.

  • 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.

  • Disbursement Agreement means the Master Disbursement Agreement, dated as of the Closing Date, by and among the Administrative Agent, the Bank Facilities Administrative Agent, the Disbursement Agent, the Borrowers and LCR, in substantially the form of Exhibit D-3 hereto, as the same may be amended, supplemented, amended and restated, or otherwise modified in accordance with the terms hereof and thereof.

  • Construction and demolition debris means and includes:

  • 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:

  • Construction Service Agreement means either an Interconnection Construction Service Agreement or an Upgrade Construction Service Agreement.

  • Construction project means the same as that term is defined in Section 38-1a-102.

  • 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.

  • Construction Contract means the agreement(s) entered into between the Company and the Construction Contractor(s) for the design, engineering, procurement, construction, completion, start-up, testing, and Commissioning of the Facility, and also includes any amendment to such agreement(s) made from time to time;

  • Redevelopment Agreement means an agreement between the

  • 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.

  • Project Funding Agreement means an agreement in the form of Schedule F that incorporates the terms of this Agreement and enables the LHIN to provide one-time or short term funding for a specific project or service that is not already described in Schedule A;

  • Capital Improvement Project means the acquisition, construction, reconstruction, improvement, planning and equipping of roads and bridges, appurtenances to roads and bridges to enhance the safety of animal-drawn vehicles, pedestrians, and bicycles, wastewater treatment facilities, water supply systems, solid waste disposal facilities, and storm water and sanitary collection, storage and treatment facilities including real property, interests in real property, facilities, and equipment related or incidental to those facilities.

  • Construction Costs means land costs, all costs paid to construct and complete the Improvements, as specified on Exhibit "B" attached hereto and made a part hereof.

  • Project Implementation Unit or “PIU” means the unit referred to in Section I.A.1(b) of Schedule 2 to this Agreement.

  • Construction material means an article, material, or supply brought to the construction site by the Contractor or a subcontractor for incorporation into the building or work. The term also includes an item brought to the site preassembled from articles, materials, or supplies. However, emergency life safety systems, such as emergency lighting, fire alarm, and audio evacuation systems, that are discrete systems incorporated into a public building or work and that are produced as complete systems, are evaluated as a single and distinct construction material regardless of when or how the individual parts or components of those systems are delivered to the construction site. Materials purchased directly by the Government are supplies, not construction material.

  • 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.

  • Construction Plan means a representation of a project site and all activities associated with the project. The plan includes the location of the project site, buildings and other infrastructure, grading activities, schedules for implementation, and other pertinent information related to the project site. A storm water pollution prevention plan is a part of the construction plan.

  • Construction Fee means a fee or other remuneration for acting as general contractor and/or construction manager to construct improvements, supervise and coordinate projects or provide major repairs or rehabilitations on a Property.

  • Construction Phase Services means the coordination, implementation and execution of the Work required by this Agreement, which are further defined in Article 8.