Construction Portion definition

Construction Portion means that portion of an issue or the New Money Portion of a Multipurpose Issue at least 75% of the Available Construction Proceeds of which are to be used for Construction Expenditures with respect to property that is, or upon completion will be, owned by a Governmental Unit or a 501(c)(3) Organization and that finances 100% of the Construction Expenditures.
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Construction Portion means as to any Site, that part of that Site as to which Construction is occurring and which is not Arco Operating Premises or Perox Xxxrating Premises or which is not subject to any Interim Permitted Lease.
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Examples of Construction Portion in a sentence

  • If none of the Spending Exceptions described above is satisfied (and if the 1 1/2% penalty election for a Construction Issue or the Construction Portion of a Bifurcated Issue has not been made), then within 45 days after each Computation Date, the Issuer shall compute, or cause to be computed, the Rebate Amount as of such Computation Date.

  • The parties herein agree to abide by the following terms and conditions in conjunction with the existing Local collective agreement except and whereas it is otherwise amended by the terms and conditions of the Memorandum of Agreement for the Construction Portion of the Standard ConstructionAgreement.

  • The Predevelopment Portion of Agency Loan and Construction Portion of Agency Loan shall be disbursed on a line-item by line-item basis in accordance with the Project Budget and the Project Financing Disbursement Agreement.

  • The Project Financing Disbursement Agreement shall have been fully executed, and shall provide for disbursement of a portion of the Construction Loan, as shown on the Financing Plan, to fund the Public Improvements and Housing Development prior to the disbursement of any portion of the Construction Portion of Agency Loan.

Related to Construction Portion

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

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

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

  • Construction activity means any clearing, grading or excavation associated with large construction activity or associated with small construction activity.

  • Total Contract Price/Project Cost/TCO means the price payable to Service Provider over the entire period of Contract for the full and proper performance of its contractual obligations.

  • 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;

  • Built-Up Area and/or “Covered Area” in relation to a Flat shall mean the floor area of that Flat including the area of balconies and terraces, if any attached thereto, and also the thickness of the walls (external or internal) and the columns and pillars therein Provided That if any wall, column or pillar be common between two Flats, then one-half of the area under such wall column or pillar shall be included in the built-up area of each such Flat.

  • Construction Period means the period commencing from the Appointed Date and ending on the date of the Completion Certificate;

  • Subproject means an activity or other initiative to be carried out by a Beneficiary under the Project, which, having met the eligibility criteria set out in the Implementation Manual and the provisions of paragraphs 7 and 8 of Schedule 4 to this Agreement, is eligible for financing, through a Subproject Grant, under Parts A and B of the Project;

  • Construction Cost means and includes the cost of the entire construction of the Project, including all supervision, materials, supplies, labor, tools, equipment, transportation and/or other facilities furnished, used or consumed, without deduction on account of penalties, liquidated damages or other amounts withheld from payment to the contractor or contractors, but such cost shall not include the Consulting Engineer/Architect's fee, or other payments to the Consulting Engineer/Architect and shall not include cost of land or Rights-of-Way and Easement acquisition.

  • Construction Work means any work in connection with⎯

  • Construction Phase means that Phase of the Project which shall commence after the Authority provides the Trade Contractor with written Notice to Proceed with the Construction Phase.

  • 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.