Construction Benchmark Schedule definition

Construction Benchmark Schedule means the schedule attached hereto as Schedule 7.
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Construction Benchmark Schedule means the schedule for construction and completion of each Construction Component, the Main Project as a whole and the other work that the Borrower is required to perform pursuant to the Operative Documents in substantially the form of Exhibit X-1 to the Credit Agreement (as amended from time to time in accordance with the terms of the Credit Agreement) which (w) shall demonstrate that Substantial Completion will occur on or before the Outside Completion Deadline, (x) includes a statement from the Owner Representative and the Design/Builder that the Construction Benchmark Schedule is realistic and can be adhered to (subject to Force Majeure Events) in completing the Main Project in accordance with the Plans and Specifications, (y) shows on a monthly basis the anticipated progress of the Work and other activities pertaining to the construction of the Hotel/Casino Component, the Energy Project Component and Theater renovations, and (z) the Construction Consultant has reviewed and certified in the Construction Consultant's Closing Certificate that the statement from the Owner Representative in item (x) is reasonable and that it is appropriate for the Administrative Agent to rely thereon and on the other schedules and benchmarks set forth in the Construction Benchmark Schedule.
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Construction Benchmark Schedule means the schedule for construction and completion of each Construction Component, the Main Project as a whole and the other work that the Borrower is required to perform pursuant to the Operative Documents substantially the form of Exhibit X-1 (as amended from time to time in accordance with the terms hereof) which (w) shall demonstrate that Substantial Completion will occur on or before the Outside Completion Deadline, (x) includes a statement from the Owner Representative and the Design/Builder that the Construction Benchmark Schedule is realistic and can be adhered to (subject to Force Majeure Events) in completing the Main Project in accordance with the Plans and Specifications, (y) shows on a monthly basis the anticipated progress of the Work and other activities pertaining to the construction of the Hotel/Casino Component, the Energy Project Component and Theater renovations, and (z) the Construction Consultant has reviewed and certified in the Construction Consultant's Closing Certificate that the statement from the Owner Representative in item (x) is reasonable and that it is appropriate for the Administrative Agent to rely thereon and on the other schedules and benchmarks set forth in the Construction Benchmark Schedule.
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Examples of Construction Benchmark Schedule in a sentence

  • From time to time, at the request of the Disbursement Agent, the Borrower shall make available to the Disbursement Agent a Construction Benchmark Schedule.

  • The Construction Benchmark Schedule accurately specifies in summary form the Work and the other improvements that the Borrower and the Design/Builder propose to complete in each calendar month from the Effective Date through the Final Completion of the Main Project, all of which can be expected to be achieved.

  • Other than those services to be performed and materials to be supplied that can be reasonably expected to be commercially available when and as required, the Borrower owns all of the property interests and has entered into all documents and agreements necessary to develop, construct, complete, own and operate the Main Project on the Main Project Parcel and in accordance with all Legal Requirements and the Construction Benchmark Schedule and as contemplated in the Operative Documents.

  • Amendment of Main Project Budget, Construction Benchmark Schedule; Design/Build Contract Time and Guaranteed Maximum Price.

  • Delivery to the Administrative Agent, the providers of the Approved Equipment Funding Commitments and the Construction Consultant of the Construction Benchmark Schedule, as certified in the Construction Consultant's Closing Certificate.

Related to Construction Benchmark Schedule

  • Construction Schedule means a construction schedule indicating the planned start and completion dates of the major activities of the Work as set out in Appendix [ ], a future Appendix;

  • Construction Budget means the fully-budgeted costs for the acquisition and construction of a given parcel of real property (including, without limitation, the cost of acquiring such parcel of real property, reserves for construction interest and operating deficits, tenant improvements, leasing commissions, and infrastructure costs) as reasonably determined by the Parent in good faith.

  • Progress Schedule means a schedule of the Work, in a form satisfactory to Owner, as further set forth in Section 3.02.

  • Work Schedule means the approved order and timeline for how the requirements of this contract, including Work on individual Units or groups of Units, will be fulfilled by the Contractor.

  • Construction Plans means plans, drawings, specifications and related documents, and construction schedules for the construction of the Project, together with all supplements, amendments or corrections, submitted by the Developer and approved by the City in accordance with this Agreement.