Construction Requisition definition
Examples of Construction Requisition in a sentence
The Administrative Agent shall have received (i) not less than five Business Days prior to such Disbursement Date, a Construction Requisition and (ii) not less than two Business Days prior to such Disbursement Date, a certificate of the Independent Engineer confirming such Construction Requisition.
Moneys in any such additional sub-accounts of the Construction Account shall be applied pursuant to the applicable Approved Construction Requisition to pay, or reimburse for a prior payment of, Project Costs.
Moneys in the Milestone Payment Sub-Account shall be applied pursuant to the applicable Approved Construction Requisition to pay, or reimburse for a prior payment of, Project Costs.
In the event that Borrower prevails in any dispute as to whether such Project Costs were properly included in such Construction Requisition, Loans in the amount requested but not initially made shall forthwith be made.
Borrower shall have delivered a Construction Requisition to Administrative Agent in accordance with the procedures specified in Section 2.1.1(b).