Construction Note definition

Construction Note means the promissory note executed by the Partnership to evidence its obligations with respect to the Construction Loan, which note is or shall be secured by the Construction Mortgage.
Construction Note means that certain promissory note of even date herewith executed and delivered to the Lender by the Borrower in the amount of $27,000,000.00 and pursuant to the terms and conditions provided for in this Agreement and the First Supplement to this Agreement.
Construction Note means the promissory note of the BORROWER in the form of Exhibit B evidencing borrowings under the CONSTRUCTION LOAN of up to a maximum amount of Thirty Two Million Nine Hundred Thousand ($32,900,000.00) Dollars.

Examples of Construction Note in a sentence

  • Include the above measure verbatim as a Construction Note and incorporate it into all Plans and Specifications for the project, and submit one copy to the Environmental Coordinator for review and approval prior to the start of any construction work (including clearing and grubbing).

  • Include the above measure verbatim as a Construction Note and incorporate it into all Plans and Specifications for the project, and submit one copy to the Department of Environmental Review and Assessment for review and approval prior to the start of any construction work (including clearing and grubbing).

  • Heavy, Includes Water, Sewer Lines and Excavation (Excludes Hazardous Waste Removal; Coal, Oil, Gas, Duct and other similar Pipeline Construction) Note: Under Executive Order (EO) 13658, an hourly minimum wage of $10.35 for calendar year 2018 applies to all contracts subject to the Davis-Bacon Act for which the contract is awarded (and any solicitation was issued) on or after January 1, 2015.

  • The train/test split is obtained randomly using 10% for training and 90% for testing.Graph Construction: Note that the watershed classifier is defined on edge-weighted graphs.

  • The computation of interest, amortization, maturity and other terms and conditions of the Construction Loan shall be as provided in the Construction Note, provided, however, in no event shall the applicable rate exceed the Maximum Rate.


More Definitions of Construction Note

Construction Note that certain Promissory Note dated as ----------------- of January 1, 1995 made by Trustor in favor of Beneficiary in the Construction Note Amount, and all replacements, substitutions, modifications, renewals and extensions thereof, which Construction Note is payable on the Maturity Date of the Construction Note."
Construction Note means, the Promissory Note in the principal face amount of the Construction Loan Amount dated or to be dated on or prior to the Closing Date, made by the Borrower to the order of the Lender, such Promissory Note to be in form and substance satisfactory to the Lender.
Construction Note means the promissory note of Borrower in favor of Lender evidencing the Construction Facility provided pursuant to Section 2.3, as such promissory note may be amended, modified, extended, restated, replaced, or supplemented from time to time.
Construction Note has the meaning given in Section 2.1.6 of the Credit Agreement.
Construction Note has the meaning set forth in the Recitals.
Construction Note means the promissory note(s) of even date herewith payable to the order of Lender and executed by Borrower to evidence the Construction Loan.
Construction Note means the Note dated December 15, 2017 executed by Borrower in favor of Lender in the original principal amount of Twenty-Five Million Six Hundred Forty-Six Thousand and 00/100 Dollars ($25,646,000.00).