Affidavit of Completion definition

Affidavit of Completion. As defined in Section 5.14 hereof.

Affidavit of Completion means an affidavit in form and substance as set forth on Exhibit “E”.

Affidavit of Completion means the affidavit to be filed by or on behalf of the Issuer with the Trustee relating to the Project stating that the Project is substantially completed in accordance with the terms of the Financing Agreement and is ready for use and occupancy.

Examples of Affidavit of Completion in a sentence

• Prior to the final disbursement of Owner and/or Loan Funds, Owner, Lender and General Contractor will furnish Escrow Agent the same items listed in Section 2, above, and in addition Owner shall furnish or cause to be furnished: (i) a General Contractor’s Affidavit of Completion and Release, and (ii) lien waivers executed on a Current basis as defined in Section 2(F) above.

• After the filing of the Affidavit of Completion, the Trustee shall allocate interest earnings to the fund or account to which the earnings are allocable.

• One year after the filing of the Affidavit of Completion, the Trustee shall hold in the 2023 Construction Account one hundred fifty percent (150%) of the amount of any disputed claims of contractors and work to be repaired, or if less shall hold the entire balance of the 2023 Construction Account, and shall transfer the unobligated balance of the 2023 Construction Account, if any, to the Sinking Fund.

More Definitions of Affidavit of Completion

Affidavit of Completion has the meaning set forth in Section 5.14 hereof.

Affidavit of Completion has the meaning given to such term in Section 9.28.

Affidavit of Completion means a written certificate of the Borrower stating that the Project has been completed and is ready for use.

Affidavit of Completion shall have the meaning given in Section 3.01(c) hereof.

Affidavit of Completion means the affidavit to be filed by the Issuer with the Trustee stating that the Completion Date for the Project has occurred and that the Project is ready for use.

Affidavit of Completion means an affidavit executed by authorized representatives of Landlord and INCOG affirming that all Tenant Improvements have been completed and accepted by each of INCOG and Landlord. The Affidavit of Completion shall additionally state the total actual cost of all Tenant Improvements installed or acquired with the Leasehold Loan, which amount shall be (A) certified by the Leasehold Lender; and (B) not more than Fifteen Million and no/100 Dollars, inclusive of all interest to be paid for such Tenant Improvements. Office Lease -1-

Affidavit of Completion means an affidavit which meets the requirements set forth in '53.106 of the Texas Property Code and is substantially in the form attached hereto as EXHIBIT "G" and made a part hereof for all purposes, executed by Borrower.