Development and Completion Guaranty definition

Development and Completion Guaranty is that guaranty, attached hereto as Exhibit E, to be executed by Guarantor, which shall bind the Guarantor to develop and otherwise construct the Project in the manner and within the time frames pursuant to the terms of this Agreement and the Declaration.
Development and Completion Guaranty means a guaranty to be executed by Guarantor and that complies in all material respects with the terms of Section 4.5.1, substantially in the form attached hereto as Exhibit K, to be conformed and made consistent with this Agreement’s provisions, and which shall bind Guarantor to develop and otherwise construct the Project within the time frames and in the manner required by the terms of this Agreement, the Deed, the Ground Lease, and the Construction and Use Covenant.

Examples of Development and Completion Guaranty in a sentence

  • The District shall also require that an affiliate of the developer, approved by the District, execute a Development and Completion Guaranty in the form attached to the PDA guaranteeing the completion of the Project in accordance with the Construction Covenant.

  • As further assurance of the above and of the covenants contained in the Declaration, Developer shall cause the Development and Completion Guaranty to be executed by Guarantor on or before Closing.

  • The Development and Completion Guaranty shall be delivered to District no later than Closing.

  • In the event Developer fails to perform any of its obligation contained in these Covenants, the District may require the Guarantors, in accordance with the terms of the Development and Completion Guaranty, to perform Developer’s obligations.

  • By: Name: Title: EXHIBIT A Property Description EXHIBIT B [Special Warranty Deed] EXHIBIT C [Affordability Covenant] EXHIBIT D [Declaration of Covenants] EXHIBIT E [Development and Completion Guaranty] EXHIBIT F Office of Attorney General for the District of Columbia Form Letter of Credit ISSUER: Date of Issue: , 2009 [Name of Bank] [Bank Address] IRREVOCABLE STANDBY LETTER OF CREDIT NO.

  • By:_ Name: Title: EXHIBIT A Property Description EXHIBIT B [Special Warranty Deed] EXHIBIT C [Affordability Covenant] EXHIBIT D [Declaration of Covenants] EXHIBIT E [Development and Completion Guaranty] EXHIBIT F Office of Attorney General for the District of Columbia Form Letter of Credit ISSUER: Date of Issue: , 2011 [Name of Bank] [Bank Address] IRREVOCABLE STANDBY LETTER OF CREDIT NO.

  • In the event Developer fails to perform any of its obligations contained in these Covenants, the District may require the Guarantors, in accordance with the terms of the Development and Completion Guaranty, to perform Developer’s obligations.

  • By:_ Name: Xxxxx Xxxxxxxxx Title: President Exhibits: Exhibit A Property Description Exhibit B Deed Exhibit C Affordability Covenant Exhibit D Declaration of Covenants Exhibit E Letter of Credit Exhibit F Development and Completion Guaranty Exhibit G Schedule of Performance Exhibit H Schedule of Affordable Units JOINDER OF GUARANTOR For the purpose of evidencing their consent and agreement to be bound to the provisions in this Agreement applicable to the Guarantor, Manna, Inc.

  • MANNA, INC., a District of Columbia nonprofit corporation By:_ Name: Xxxxx Xxxxxxxxx Title: President EXHIBIT A Property Description EXHIBIT B [Special Warranty Deed] EXHIBIT C [Affordability Covenant] EXHIBIT D [Declaration of Covenants] EXHIBIT E [Development and Completion Guaranty] EXHIBIT F Office of Attorney General for the District of Columbia Form Letter of Credit ISSUER: Date of Issue: , 2011 [Name of Bank] [Bank Address] IRREVOCABLE STANDBY LETTER OF CREDIT NO.

  • The Person designated by Developer as Guarantor, or any substitute therefor, shall execute the Development and Completion Guaranty required pursuant to this Agreement.

Related to Development and Completion Guaranty

  • Completion Guaranty means the Completion Guaranty of even date herewith executed by Guarantor in favor of Lender in connection with the Capital Improvement Work and the Loan, as amended from time to time.

  • Development Agreements means all development, utility or similar agreements included in the Permitted Encumbrances.

  • Development Agreement has the meaning set forth in the Recitals.

  • Development Credit Agreement means the agreement of even date herewith between the Borrower and the Association for the Project, as such agreement may be amended from time to time; and such term includes all schedules and agreements supplemental to the Development Credit Agreement.

  • Development Project means a project for the development of land within a

  • CONSTRUCTION GUARANTEE means a guarantee at call obtained by the contractor from an institution approved by the employer in terms of the employer's construction guarantee form as selected in the schedule

  • Redevelopment Agreement means an agreement between the

  • Project Management Agreement means the agreement dated the 20th February 1985 made between the Trustee and the Manager providing for the Manager to manage and co‑ordinate the development and construction of the Resort and includes, if that agreement is terminated, any other agreement in like and similar terms made with the prior consent of the Minister;

  • The Project Plan means the document to be developed by the Supplier and approved by the Purchaser, pursuant to GCC Clause 19, based on the requirements of the Contract and the Preliminary Project Plan included in the Supplier’s bid. The “Agreed and Finalized Project Plan” is the version of the Project Plan approved by the Purchaser, in accordance with GCC Clause 19.2. Should the Project Plan conflict with the Contract in any way, the relevant provisions of the Contract, including any amendments, shall prevail.

  • Subproject Agreement means any of the agreements referred to in Section 3.07 of this Agreement; and

  • Development Permit means a document authorizing a development issued pursuant to this Land Use Bylaw;

  • Construction Management Agreement means the Construction Management Agreement, dated as of the date of the Common Agreement, between Construction Manager and the Project Company.

  • Project Implementation Plan means the detail plan submitted by the Developer with regard to development of Project Facilities and its operation and management thereof in accordance with this Agreement and to be appended as Schedule 9 to this Agreement.

  • Development Consent means the consent granted to the Development Application for the Development and includes all modifications made under section 4.55 of the Act.

  • Phase 1 means the first implementation phase of this section, beginning June 1, 2018 and ending May 31, 2022.

  • Design Development Documents means the Drawings, Specifications and other documents prepared by the Trade Contractor that establish and describe the size and character of the Trade Contractor Work as to architectural, civil, structural, mechanical and electrical systems, graphics and signage, and other elements, and which include typical construction details, equipment layouts and specifications that identify major materials and systems.

  • Project Implementation Unit or “PIU” means the unit referred to in Section I.A.1(b) of Schedule 2 to this Agreement.

  • Improvement completion assurance means a surety bond, letter of credit,

  • RFP Project Documents means the following documents to be entered into in respect of the Project, by the parties to the respective agreements:

  • Redevelopment Project Area means an area designated by the municipality, which is not less in the aggregate than 1 1/2 acres and in respect to which the municipality has made a finding that there exist conditions which cause the area to be classified as an industrial park conservation area or a blighted area or a conservation area, or a combination of both blighted areas and conservation areas.

  • Collaboration Agreement has the meaning set forth in the Recitals.

  • Project Implementation means all steps which the Grantee undertakes in order to deliver the Project which is being supported by funding provided under this Grant Contract. Any reference to UK primary legislation (Acts) or secondary legislation (Statutory Instruments) in this Grant Contract includes reference to any changes to or replacement of those Acts or Statutory Instruments.

  • Project Improvements means site improvements and facilities that are:

  • Redevelopment project means a specific construction project

  • Project Agreement means the agreement between the Bank and the Project Implementing Entity of even date herewith, as the same may be amended from time to time; and such term includes all schedules and agreements supplemental to the Project Agreement.

  • Research Project means a discrete scientific endeavor to answer a research question or a set of research questions related to medical marijuana and is required for a medical marijuana research license.