Construction Draw Schedule definition

Construction Draw Schedule means the schedule of the disbursement of the proceeds of the Construction Loan agreed to between Construction Lender and Borrower before the Closing Date.

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Construction Draw Schedule means that certain construction draw schedule attached hereto as Appendix 1.

Construction Draw Schedule means the schedule of the disbursement of the proceeds of the Bonds as provided in Appendix C attached to the Loan Agreement, as the same may be amended from time to time with the consent of the Issuer.

Examples of Construction Draw Schedule in a sentence

• The Binding GMP Proposal shall include the Baseline Schedule on which it is based and a proposed Construction Draw Schedule.

• All collection payments shall be deposited to the Escrow Account, except as otherwise provided herein, in the Construction Draw Schedule and/or any amendment to this Escrow Agreement signed by all of the parties.

• Registered ownership of or other legal title to Assets deposited in the Escrow Account shall be maintained in the name of Escrow Agent, or its nominee, only if expressly provided herein, in the Construction Draw Schedule and/or in any amendment to this Escrow Agreement signed by all of the parties.

• BORROWER: ▇▇▇▇▇▇▇ ▇▇▇▇ HOMES, INC., a California corporation By: Name: Title: By: Name: Title: EXHIBIT “E” – Page 1 Construction Loan Agreement EXHIBIT “F” Intentionally Omitted EXHIBIT “F” – Page 1 Construction Loan Agreement EXHIBIT “G” Home Construction Draw Schedule Standard Draw Percentage Entitlement Shall Be Based On Percentage of Completion.

• Escrow Agent shall not be subject to or obligated to recognize any notice, direction or instruction of any or all of the parties hereto or of any other person, except as expressly provided for and authorized in the Construction Draw Schedule and/or any amendment to this Escrow Agreement signed by all of the parties.

• Each such update shall be accompanied by a certificate from the Borrower to the effect that all deviations as reflected in such updated Initial Construction Draw Schedule are permitted under this Agreement or have been expressly consented to by Lender.

• The State will withhold the retention, which shall appear in the Builder's Construction Draw Schedule, until the Project is delivered free and clear of all liens by subcontractors and other parties performing work under the contract with the State.

• The sources of funds available to the Borrower are sufficient to enable the Borrower to complete construction of the Development in accordance with the Plans and Specifications and the Construction Draw Schedule.

• Prior to the First Closing, City shall deposit the BNSF Work Payment Amount, and the initial amounts attributable to BNSF Additional City Cost Work as set forth on the Construction Draw Schedule into the Escrow Account.

• Unless otherwise specifically indicated herein, in the Construction Draw Schedule and/or any amendment to this Escrow Agreement signed by all of the parties, Escrow Agent shall proceed as soon as practicable to collect any checks, interest due, matured principal or other collection items with respect to Assets at any time deposited in the Escrow Account.

More Definitions of Construction Draw Schedule

Construction Draw Schedule means the detailed construction draw schedule for the Development attached to the Construction Loan Agreement.

Construction Draw Schedule means the detailed construction draw schedule and Budget for the Development attached hereto as Exhibit J.

Construction Draw Schedule means the builder's draw schedule as set forth in Exhibit "C" attached hereto.

Construction Draw Schedule means, with respect to each Residential -------------------------- Construction Loan or Consumer Construction Loan, a disbursement schedule substantially in accordance with Exhibit "K" hereto and as more ----------- particularly described in the Construction Loan Documents evidencing such Residential Construction Loan or the Consumer Loan Documents evidencing such Consumer Construction Loan.