Renovation Funds definition

Renovation Funds means the funding to be used exclusively for the renovation of the Property;
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Renovation Funds shall have the meaning set forth in Section 8.01(c) hereof.
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Renovation Funds means the funds as defined more particularly in the CDA.
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Examples of Renovation Funds in a sentence

  • Grantor covenants and agrees that (a) Grantor shall use the Renovation Funds for renovation of the 250 hotel rooms located in the building commonly known as the Chase Tower (the “Required Room Renovations”) consistent in quality with (or of a quality greater than, if Grantor elects to do so in its sole discretion) either the room prototype at the Property designed by Daroff Design Inc.

  • During the continuance of any Event of Default, the Corporation shall use the Renovation Funds for such uses as may be directed by the iStar Representative and the BREDS Representative in their sole discretion.

  • The full amount of the Renovation Funds will be advanced to the Proponent's solicitor in accordance with the terms of the Escrow Agreement, within 30 days of the conditions set out in Section 4.9 hereof having been met or waived.

  • The City will advance all of the Renovation Funds to the Escrow Agent pursuant to the terms and conditions of the Escrow Agreement within thirty (30) days of the conditions set out in section 4.8 having been met or waived.

  • Separate and independent of the improvements to be made pursuant to the Renovation Contracts and the Renovation Funds, by not later than December 31, 2022, the City shall complete a Spring Training game day access and circulation study to improve traffic flow in and around the Premises and its bordering roadways.

  • The full amount of the Renovation Funds will be advanced to the Proponent's solicitor in accordance with the terms of the Escrow Agreement, within 30 days of the conditions set out in Section 4.8 hereof having been met or waived.

  • The Renovation Funds shall be paid and disbursed in accordance with the provisions of one or more Design, Post-Design, Construction Management, Materials Testing, and Construction contracts and/or agreements, said contracts and/or agreements to be executed after the date hereof by and among the Club, the City and other parties (the “Renovation Contracts”).

  • Lender has no further obligation to disburse any Required Renovation Funds pursuant to the Loan Agreement.