Construction Obligations definition

Construction Obligations means Landlord’s obligations to (i) perform the Landlord’s Work, (ii) disburse the Tenant Improvement Allowance, and (iii) honor Tenant’s rights of offset set forth in Section 7 of Exhibit C to the Lease.

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Construction Obligations means any and all obligations to perform on- site or off-site construction required by any Leases, REAs, Loan Documents or Service Contracts.

Construction Obligations means Seller’s obligation to complete the Hotel Project and pay the Construction Costs, in each case, in accordance with the terms of Section 20.

Examples of Construction Obligations in a sentence

Two (2) original counterparts of the Agreement Regarding Construction Obligations, duly executed by Buyer (and, if appropriate, acknowledged), and one (1) original counterpart of a memorandum of the Agreement Regarding Construction Obligations, duly executed by Buyer and acknowledged.
Two (2) original counterparts of the Agreement Regarding Construction Obligations, duly executed by Seller (and, if appropriate, acknowledged), and one (1) original counterpart of a memorandum of the Agreement Regarding Construction Obligations, duly executed by Seller and acknowledged.
Cause the Grant Deed, the Assignment of South OPA, the memorandum of the Agreement Regarding Construction Obligations, and any other documents that the Parties may mutually direct, to be recorded in the Official Records and conformed copies thereof, showing all recording information, to be delivered to Buyer and Seller.
The terms and conditions of the Agreement Regarding Construction Obligations shall be reasonably acceptable to each Party, and a memorandum of the Agreement Regarding Construction Obligations shall be recorded in the Official Records as of the Close of Escrow.
Seller and Buyer shall have agreed to the terms and conditions of the Agreement Regarding Construction Obligations.
Developer acknowledges that the Developer Construction Obligations will not be affected if Qualified Project Costs exceed the anticipated Funding Sources.
If Lender delivers an Opt-In Construction Notice as aforesaid, then Lender shall be obligated to perform the Construction Obligations in accordance with the terms and provisions of the Lease.
Developer acknowledges that the Developer Construction Obligations will not be affected if Project Costs exceed the actual Funding Sources.
Within thirty (30) days of the date upon which Lender or any such transferee receives the Outstanding Construction Obligations Notice, Lender or any such transferee will give Tenant written notice of whether Lender or any such transferee will elect to perform all of the outstanding Construction Obligations as set forth in the Outstanding Construction Obligations Notice.
No sale of an Option Parcel shall in any way change Tenant’s Construction Obligations under this Lease, including full Landfill Closure by the specified deadline.

More Definitions of Construction Obligations

Construction Obligations means the Parties construction obligations pursuant to this Agreement.

Construction Obligations shall have the meaning set forth in Section 3.19.

Construction Obligations means the obligation of the Landlord under the Lease to complete Landlord’s Work, the Excluded Work or the Shared Facilities Work.

Construction Obligations as specified in Article III.

Construction Obligations as specified in Article III and Exhibit "C" attached hereto.

Construction Obligations means all Obligations in respect of the Cheyenne Construction Loans.