Deferred Request definition
Examples of Deferred Request in a sentence
Except in connection with such an Interim True-Up Advance, any Eligible Project Costs that have been the basis for any Current Request or Deferred Request cannot be the basis for any other Advance Request.
The Current Request and the Deferred Request shall each comply with the requirements of Section 2.3, with an applicable amount of Eligible Project Costs specifically identified to each.
The portion requested in the Deferred Request (the “Deferred Amount”) shall equal the lesser of (x) 50% of the amount of such Advance Request and (y) the amounts then on deposit in the Applicable Subaccounts for such Project (after giving effect to any concurrent Interim True-Up Advance Request and any transfer of Designated Overrun Amounts), except as provided in Section 2.12(l).