Contract Allowances definition
Examples of Contract Allowances in a sentence
For the purposes of this Contract, Allowances include budgets for certain Work components shown in the Construction Documents to be incorporated into the Improvements.
Borrower may enter into any agreement for the acquisition of Contract Allowances, if the term of such agreement exceeds 364 days, only with the approval of the Lead Arrangers.
If the term of any agreement for the acquisition of Contract Allowances does not exceed 364 days, then Borrower may enter into any such agreement without any Lender approval of such individual agreement, provided, that the Lead Arrangers have approved a form of agreement for the acquisition of Contract Allowances and the individual agreement proposed to be entered into by Borrower does not vary materially from the terms and conditions of such approved form of agreement.
As of the Restructuring Effective Date, the Borrower Entities hold Owned Allowances and Contract Allowances sufficient to meet the Minimum Allowance Holding Requirements as set forth on Part A of Schedule 5.29(b).
For purposes of this Contract, Allowances include budgets for certain Work components shown in the Construction Documents to be incorporated into the Improvements.
As of the Restructuring Effective Date, the Borrower Entities hold Owned Allowances and Contract Allowances sufficient to meet the Minimum Allowance Holding Requirements as set forth on Part A of Schedule 5.28(b).