Project definition
Examples of Project in a sentence
Any contractor, subcontractor or material man engaged by Borrower or its general contractor shall be properly licensed or bonded in the state where the Project is situated.
Except as specifically identified in the Schedule of Project Costs, all such costs are payable to third parties unrelated to Borrower.
All costs included in the Schedule of Project Costs reflect the actual costs paid or estimated to be paid by Borrower in connection therewith, net of any rebates or discounts receivable by Borrower or any affiliate of Borrower.
Within forty-five (45) days after the end of each calendar quarter, Voice Assist shall deliver to N2OFF a written statement reasonably detailing the calculation of Gross Profit for each New Future Project generating revenue during such quarter and showing the Royalty Consideration payable, if any, with payment due concurrently with delivery of such statement.
In the event the funds available in the Reserve Account and the unadvanced funds of Loan B at and any time or from time to time, in L▇▇▇▇▇’s reasonable determination, not sufficient to complete the Project pursuant to the Budget, Borrower shall deposit, or cause to be deposited, into the Reserve Account a cash equity contribution sufficient to cover any such deficiency.