Project Collateral definition
Examples of Project Collateral in a sentence
For example, the County may access and use Project Collateral in order to complete improvements as required by the Construction Plans, when such improvements have not been completed in accordance with the Construction Schedule.
Project Collateral may be released upon completion of all improvements required by the Exhibits after initial approval by the County.
Warranty Collateral shallbe withheld by County from and at the time of release of Project Collateral, or may be submitted separately by Property Owner.
Borrower acknowledges and agrees that modification to the Appraisal Policy may result in requirements to modify the Unit Appraisals, Unit Appraised Values, Unit Collateral Values, Maximum Allowed Advances, A&D Project Appraisals, A&D Project Appraised Values, A&D Project Collateral Values, and appraisers.
Property Owner shall submit Project Collateral in a form accepted by Weld County to guarantee completion of any off-site improvements.