Exchange Project definition

Exchange Project means a Project owned by a group of Exchange Project TICs in connection with the Exchange Program, provided that any such Project shall constitute an Exchange Project only so long as it is master leased to an Affiliate of Borrower and such master lease is guaranteed by Borrower and the Trust.

Examples of Exchange Project in a sentence

  • If the dispute persists, Contractor shall submit a written dispute notice to the Exchange Project Representative within 15 calendar days after the date of the action causing the dispute.

  • Contractor shall promptly, after being served with a summons, complaint, or other pleading which has been filed in any federal or State court or administrative agency, deliver copies of such document(s) to the Exchange Project Director.

  • No requirements can be omitted from the Specifications without the written consent of the Exchange Project Director.

  • The Contractor Project Manager shall also provide or produce such reports or information as is reasonably requested by the Exchange Project Director regarding the Project.

  • The Work Plan shall be delayed on a Day-for-Day basis if the Exchange Project Director has issued a stop work order to Contractor and such stop work order is causing delays in completing Services in accordance with the Work Plan.

  • Upon the loss of, destruction of, or damage to any of the Property, Contractor shall give Notice to the Exchange Project Director thereof and shall take all reasonable steps to protect that Property from further damage.

  • The Contractor Project Manager and the Exchange Project Director shall negotiate in good faith and in a timely manner as to the price for amounts over the Maximum Amount specified in Exhibit A and the time to perform any Change Order.

  • Any Property furnished to Contractor shall, unless otherwise provided herein, or approved in writing by the Exchange Project Director, be used only for the performance of its obligations under and subject to the terms of this Agreement.

  • All Change Orders must be executed by the Exchange Project Director.

  • If the parties are unable to reach an agreement in writing on a Change Request submitted by Contractor, the Exchange Project Director will be deemed to have rejected the Change Request.

Related to Exchange Project

  • Exchange Property has the meaning set forth in Section 11(a).

  • Large project means, for purposes of the Soft Cost Ratio limitation in Section 3.F, a Project with more than 24 Housing Credit units.

  • Exchange Program means a program under which (i) outstanding Awards are surrendered or cancelled in exchange for Awards of the same type (which may have higher or lower exercise prices and different terms), Awards of a different type, and/or cash, (ii) Participants would have the opportunity to transfer any outstanding Awards to a financial institution or other person or entity selected by the Administrator, and/or (iii) the exercise price of an outstanding Award is reduced or increased. The Administrator will determine the terms and conditions of any Exchange Program in its sole discretion.

  • Exchange Price means as of any date, $1,000, divided by the Exchange Rate as of such date.

  • Option Exchange Program means a program whereby outstanding Options are surrendered in exchange for Options with a lower exercise price.