Construction Finance definition

Construction Finance. Loans provided for construction / development of Residential Projects to developers Home Loans:
Construction Finance. The Promoter may take construction finance for construction of the Project by mortgaging the Project Land and the construction Provided However That any such mortgage if it relates to the Designated Apartment shall be redeemed/discharged by the Promoter by way of repayment of the loan prior to the execution of Deed of Conveyance by the Promoter in favour of the Allottee in terms hereof. Architect: Unless changed by the Promoter, Messrs.Xxx Xxxxxxx & Associates of 0X, Xxxx Xxxxxx, 0xx Xxxxx, Xxxxxxx 000000 shall be the Architect for the Project.

Examples of Construction Finance in a sentence

  • RECOMMENDED ACTIONIt is recommended that the Construction Finance Oversight Committee review the individual items above and request that the departments provide information as to the status of each item, or advise whether the previously approved actions are no longer required and should be rescinded.

  • Funding source verified by of Construction Finance on / / as correct and available.

  • The customer also recog- nizes that because matter does not have to bear a copyright notice in order to be protected by copyright law, absence of such notice does not necessarily assure a right to reproduce.

  • Ms. Dennis stated that this item is subject to funding consensus by the Construction Finance Oversight Committee (CFOC).

  • SFMTA Headquarters is occupied by the Executive Offices; Taxi and Accessible Services; Human Resources; Capital Programs and Construction; Finance and Information Technology; Safety; Security, Investigations and Enforcement; Sustainable Streets; and Transit Services.

  • However, CGCL through its products such Construction Finance Loans and MSME Loans is contributing positively to the socio-economic development.

  • A grievance resolving task-force will be established by Dong Hoi City People’s Committee that consists of representatives of concerned city agencies (Natural resources and Environment; Construction; Finance, Justice; Labours and Social Affairs; and Centre for Land Fund Development) and two representatives of AHs (one male and one female).

  • Construction Finance business loan portfolio (including indirect lending) stood at ` 1,08,990 Lakh with 134 customers (previous year ` 1,33,849 Lakh with 146 customers) due to cautious approach taken by the Company on wholesale lending in construction finance, the average ticket size was ` 702 Lakh.

  • Debtor has revenues of approximately $9,000,000 to $10,000,000 annually, which is a threefold increase since 2012.

  • Bucking shall be done to permit removal of all minimum pieces set forth in A2.

Related to Construction Finance

  • Construction Plant means appliances, machinery with necessary supply to up keep and maintenance of the works or temporary works but dose not include materials or other things intended to form part of the permanent work.

  • Construction Management Agreement means the Construction Management Agreement, dated as of the date of the Common Agreement, between Construction Manager and the Project Company.

  • Construction project means the same as that term is defined in Section 38-1a-102.

  • Construction Contract or “contract” means a written agreement between a contractor and a public agency for the construction, alteration, demolition, or repair of a facility, other than a contract having a dollar value of less than $30,000.00 or a contract that provides for 3 or fewer payments.

  • Construction Contractor means a person who undertakes to or offers to undertake to, or purports to have the capacity to undertake to, or submits a bid to, or does himself or by or through others, construct, alter, repair, add to, subtract from, improve, move, wreck, or demolish any building, highway, road, railroad, excavation, or other structure, project, development, or improvement to real property, or to do any part thereof. "Construction contractor" includes subcontractors, specialty contractors, prime contractors, and any person receiving consideration for the general supervision and/or coordination of such a construction project except for remediation contracting. This definition shall govern without regard to whether or not the construction contractor is acting in fulfillment of a contract.

  • Construction management contract means a contract in which a party is retained by the owner to

  • Constructional Plant means all appliances or things whatever nature required in or about the execution, completion or maintenance of the works or temporary works (as hereinafter defined) but does not include materials or other things intended to form or forming part of the permanent work or temporary housing, hutting, office, stores, etc.,

  • Construction and demolition debris means and includes:

  • Construction Completion means physical construction of a cleanup action component is complete.

  • 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.

  • Construction Services means either of the following for construction-manager-at-risk, design-build and job-order-contracting project delivery methods:

  • Construction Contracts means the contracts between Lessee and Contractors for the furnishing of labor, services or materials to the Leased Premises in connection with the construction of the Improvements.

  • Construction management at-risk means a project delivery method in which the District awards separate contracts, one for architectural and engineering services to design an infrastructure facility and the second to a construction manager at-risk for both construction of the infrastructure facility according to the design and construction management services.

  • Construction Completion Date means the date by which the overall development of the Project is completed in accordance with the provisions of this Agreement and when the Construction Completion Certificate is issued by the Independent Engineer as per Article 14.1.

  • CONSTRUCTION GUARANTEE means a guarantee at call obtained by the contractor from an institution approved by the employer in terms of the employer's construction guarantee form as selected in the schedule

  • Construction Agreement as used in this subsection means an agreement between Seller and any contractor or subcontractor to install the System;

  • Construction Debt means debt incurred to fund (a) all or a portion of a Capital Improvement, (b) interest payments (including periodic net payments under related interest rate swap agreements) and related fees on other Construction Debt or (c) distributions (including incremental Incentive Distributions) on Construction Equity.

  • Project Financing means: (a) one or more loans, leases, equity and/or debt financings, together with all modifications, renewals, supplements, substitutions and replacements thereof, the proceeds of which are used to finance or refinance the costs of the Customer Facility, any alteration, expansion or improvement to the Customer Facility, the purchase and sale of the Customer Facility or the operation of the Customer Facility; (b) a power purchase agreement pursuant to which Interconnection Customer’s obligations are secured by a mortgage or other lien on the Customer Facility; or (c) loans and/or debt issues secured by the Customer Facility.

  • Construction and demolition waste means the waste building materials, packaging, and rubble resulting from construction, remodeling, repair, and demolition operations on pavements, houses, commercial buildings and other structures.

  • Construction industry means the work activity designated in sector group 23 - construction of the North American classification system - United States Office of Management and Budget, 1997 edition.

  • Construction waste means solid waste which is produced or generated during construction, remodeling, or repair of pavements, houses, commercial buildings, and other structures. Construction wastes include, but are not limited to lumber, wire, sheetrock, broken brick, shingles, glass, pipes, concrete, paving materials, and metal and plastics if the metal or plastics are a part of the materials of construction or empty containers for such materials. Paints, coatings, solvents, asbestos, any liquid, compressed gases or semi-liquids and garbage are not construction wastes.

  • construction site means a workplace where construction work is being performed;

  • Construction Phase Services means the coordination, implementation and execution of the Work required by this Agreement, which are further defined in Article 8.

  • Construction Manager means a competent person responsible for the management of the physical construction processes and the coordination, administration and management of resources on a construction site;

  • Construction-manager-at-risk means a project delivery method in which:

  • Construction Services Agreement means this Construction Services Agreement, together with any duly authorized and executed amendments hereto.