Construction Payment Date definition

Construction Payment Date means the date upon which each Construction Payment is made pursuant to the Paragraph.
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Construction Payment Date means (a) the 15th day of each calendar month, commencing with the 15th day of March, 1997, and (b) the last day of the Interim Lease Term (provided, that if such day is not a Business Day, such Construction Payment Date shall be extended to the next succeeding Business Day).
Sample 1

Examples of Construction Payment Date in a sentence

  • On the applicable Construction Payment Date the representations and warranties of the Lessee contained herein and in each of the other Operative Documents shall be true and correct in all Material respects as though made on and as of such date, except to the extent such representations or warranties relate solely to an earlier date, in which case such representations and warranties shall have been true and correct in all Material respects on and as of such earlier date.

  • The Commitment Fee shall be payable by the Lessee in arrears on each Construction Payment Date and on the last day of the Construction Commitment Period.

  • Each of the delivery of a Funding Request and the acceptance of the proceeds of the applicable Construction Advance shall constitute a representation and warranty by the Lessee that on such Construction Payment Date (both immediately before and after giving effect to the making of such Construction Advance and the application of the proceeds thereof), the statements made in Section 8.2 are true and correct.

  • On the applicable Construction Payment Date there shall not be any actions, suits or proceedings pending or, to the knowledge of the Lessee, threatened by or against the Lessee (i) that are reasonably likely to have a Material adverse effect on City Center II or (ii) that question the validity of the Operative Documents or the rights or remedies of the Lessor with respect to the Lessee or City Center II under the Operative Documents.

  • Each of the delivery of a Funding Request and the acceptance of the proceeds of the applicable Construction Advance shall constitute a representation and warranty by the Lessee that on such Construction Payment Date (both immediately before and after giving effect to the making of such Construction Advance and the application of the proceeds thereof), the statements made in Section 8.1 are true and correct.

  • State laws are regularly interpreted and applied in the courts, and these precedents provide valuable clarity to all relevant parties—students, schools, and lenders alike—as to what these laws mean and to the rights and responsibilities of the parties.

  • Resolution 13: Disapplication of pre-emption rightsThe provisions of section 561 of the Act (which confer on shareholders rights of pre-emption in respect of theallotment of ‘equity securities’ which are, or are to be, paid up in cash, other than by way of allotment to employees under an employee share scheme) apply to the unissued ordinary shares of the Company to the extent that they are not disapplied, pursuant to sections 570 and 573 of the Act.

Related to Construction Payment Date

  • Loan Payment Date means any date on which any Bond Service Charges are due and payable.

  • Lease Payment Date means, with respect to any Interest Payment Date, the 5th Business Day immediately preceding such Interest Payment Date.

  • Coupon Payment Date means each day specified to be an Coupon Payment Date in the Product Terms.

  • Rent Payment Date means each date on which an installment of rent is due and payable pursuant to Section 5(a) hereof.

  • Final Payment Date means the "Final Payment Date" as specified in § 1 of the Product and Underlying Data.

  • Basic Rent Payment Date means the Delivery Date, and the numerically corresponding day in each calendar month thereafter during the Term, and if such day is not a Business Day, then the immediately preceding calendar day which is a Business Day.

  • Amortization Payment Date shall have the meaning set forth in Section 2(d).

  • Termination Payment Date means the earlier of the first Distribution Date following the liquidation or sale of the Receivables as a result of an Insolvency Event and the occurrence of the Scheduled Series 1995-1 Termination Date.

  • Completion Payment means the payment for the 20% of the Charges for each Apprenticeship that under the ESFA Rules is only paid once an Apprentice takes their end point assessment, including as the case may be Apprenticeships funded by Transferred Levy Funds;

  • Distribution Payment Date has the meaning set forth in paragraph 2(b) of Annex I.

  • Payment Date means the fifteenth (15th) day of each calendar month or, if such day is not a Business Day, the next succeeding Business Day.

  • Note Payment Date means any date on which principal of or interest on any Note is payable.

  • Principal Payment Date means, if applicable, each date designated as such in the Series Term Sheet.

  • Monthly Payment Date means the Payment Date (as defined in the Mortgage Loan Documents).

  • Swap Payment Date For so long as the Swap Agreement is in effect or any amounts remain unpaid thereunder, the Business Day immediately preceding each Distribution Date.

  • Deferred Sales Charge Payment Date means June 10, 2015 and the tenth day of each month thereafter through October 10, 2015.

  • Legal Final Payment Date means the one-year anniversary of the Expected Final Payment Date.

  • Redemption Payment Date As defined in Section 13.1.

  • Special Payment Date means each Distribution Date with respect to the Early Amortization Period.

  • Amortization Payment shall have the meaning set forth in Section 2(d).

  • Tax Payment Date means, with respect to any applicable Taxes, the date occurring 30 days prior to the date the same are due and payable.

  • Initial Payment Date has the meaning specified in Section 3 of this Supplement.

  • Early Payment Date (k means the "Early Payment Date (k)" as specified in § 1 of the Product and Underlying Data.

  • Production Payment means a production payment obligation (whether volumetric or dollar denominated) of the Borrower or any of its Restricted Subsidiaries which are payable from a specified share of proceeds received from production from specified Oil and Gas Properties, together with all undertakings and obligations in connection therewith.

  • Down payment means all partial payments, whether made in cash or otherwise, received by or for the benefit of the seller before or substantially contemporaneous with either the execution of the installment sale contract or the delivery of the motor vehicle sold under that contract, whichever occurs later.

  • Deferred Sales Charge Payment Dates means the dates specified for deferred sales fee installments under "Investment Summary--Fees and Expenses" in the Prospectus for the Trust.