Construction Amount definition

Construction Amount means any Portion of your Home Loan specified in your Loan Agreement as your Construction Amount or, as the context requires, the amount which is outstanding under your Construction Amount.

Construction Amount means the amount of proceeds of the Authority Loan to be used for payment of Allowable Costs.

Construction Amount means the means the amount, in the aggregate, incurred from time to time by the Borrower in connection with the construction of the Project, including, without limitation, amounts payable to suppliers, materialmen, laborers, engineers and the Contractor.

Examples of Construction Amount in a sentence

• Therefore, if the Access Road is substantially completed during the Road Construction Period, and the Access Road receives approval by the City of Nacogdoches that would allow the Access Road to be dedicated to the City of Nacogdoches as a city roadway, then Seller agrees to pay the Buyer the Road Construction Amount within 30 days of Buyer providing written certification of the completion of the Access Road.

• At Closing, Xxxxxx agrees to segregate and place into escrow an amount equal to $15,000 multiplied by the number of net acres of surface area of the Land disclosed by the Survey as described in paragraph C.3. of the Contract (“Road Construction Amount.”) The Road Construction Amount will be held by the Seller for 36 months following the Closing Date (the “Road Construction Period”).

• The Road Construction Amount will be paid in cash or certified funds only.

• All construction and design costs for the Finish Work in excess of the Allowance Construction Amount shall be paid for entirely by Tenant, and Landlord shall not provide any reimbursement or allowance therefor.

• The Interest During Construction Account shall have been funded, or shall be funded with proceeds of the Term Loan (as set forth in the Funds Flow Memorandum), to the Required Interest During Construction Amount.

More Definitions of Construction Amount

Construction Amount means up to One Million Fifty Eight Thousand Four Hundred Thirty-Nine ($1,058,439.00) Dollars.

Construction Amount means, with respect to a Project, the portion of the Project Amount which is available to be disbursed for Qualified Project Expenditures which relate to the Construction Improvements.

Construction Amount means the amount funded by the Lender to the Borrower for the payment of the cost of construction of improvement on the property pursuant to this Agreement.

Construction Amount means $9,550,674.

Construction Amount means the total amount payable by Borrower under the General Construction Contract.

Construction Amount means the amount of £5,721,914 (five million seven hundred and twenty one thousand nine hundred and fourteen pounds);

Construction Amount means the amount identified for deposit in the "Project Fund" in Appendix A and totaling $464,958.33, which amount represents the portion of the Authority Loan available to be used to pay Allowable Costs of the Project.