Preliminary Project Report definition
Examples of Preliminary Project Report in a sentence
After reviewing the Preliminary Project Report, Mortgage Lender, First Mezzanine Lender, and Lender shall prepare a detailed budget for the Mortgage Loan and the Mezzanine Loan (the “Loan Budget”).
Mortgage Lender shall cause the Construction Consultant to prepare, at Borrower’s cost and expense, the Preliminary Project Report.
The Preliminary Project Report shall have been delivered to Agent by the Construction Consultant.
Within three (3) Business Days following Mortgage Borrower’s receipt of each of (a) the final Construction Schedule, (b) the final Plans and Specifications, (c) the final Project Cost Budget, (d) the Preliminary Project Report, (e) each Disbursement Schedule, and (f) any change order, Borrower shall furnish or cause to be furnished to Lender a true, correct and complete copy thereof.
After reviewing the Preliminary Project Report, Agent shall approve a detailed budget for the Loan (the "LOAN BUDGET"), which approval shall not be unreasonably withheld or delayed.
The Preliminary Project Report (PPR) of 1974, the Detailed Project Report (DPR) of 1977 and the Global Contract (1979) for construction of steel plant at Ajaokuta were all commissioned and executed during the NSDA period.