CONSTRUCTION FUNDS. Borrower shall keep construction funds of the Project, if any, separate and apart from operating funds of the Project, including without limitation any funds necessary to operate the Healthcare Facility.
CONSTRUCTION FUNDS. In the event the Borrower is holding the construction funds, then the Borrower shall keep construction funds of the Project, if any, separate and apart from operating funds of the Project, including without limitation any funds necessary to operate the Hospital. .
CONSTRUCTION FUNDS. All payments to CMR shall be subject to the provisions of the Tex. Prop. Code Ch. 162, concerning Construction Payments, Loan Receipts, and Misapplication of Trust Funds.
CONSTRUCTION FUNDS. All payments to CMR shall be subject to the provisions of the Texas Property Code, Chapter 162, concerning Construction Payments, Loan Receipts, and Misapplication of Trust Funds.
CONSTRUCTION FUNDS. Construction Funds shall be made available to Lessee upon request, no more frequently than monthly, as the restoration and repair work progresses, subject to a ten (10%) percent holdback, pursuant to certificates of an architect selected by Lessee that, in the judgment of Lessor, reasonably exercised, is highly qualified in the design and construction of the type of Facility being repaired and is otherwise reasonably acceptable to Lessor, which certificates must be in form and substance reasonably acceptable to Lessor.
CONSTRUCTION FUNDS. Monies advanced to the Project Manager for Construction Work by or on behalf of the Participants in accordance with this Participation Agreement.
CONSTRUCTION FUNDS. The funds for payment of costs of reconstruction and repair after casualty which shall consist of proceeds of insurance held by the Association and funds collected by the Association from assessments against unit owners, shall be disbursed in payment of such costs in the following manner:
CONSTRUCTION FUNDS. All payments to DB shall be subject to the provisions of the Tex. Prop. Code Ch. 162, concerning Construction Payments, Loan Receipts, and Misapplication of Trust Funds.
CONSTRUCTION FUNDS. Landlord agrees to provide to Tenant such documents as Tenant may reasonably require to show that Landlord has commitments for funds to be used to pay for the Landlord’s construction obligations as set forth in this Lease, including, but not limited to, the Base Building, Tenant Improvements (including the TIA) and brokerage fees (“Landlord’s Obligations”). Landlord shall obtain Tenant’s prior written consent before drawing on its financing facilities to the extent such amounts will reduce the TIA available to Tenant. In addition, Xxxxxxxxx X. Xxxxxx shall guaranty the Landlord’s Obligations pursuant to the Guaranty attached hereto as Exhibit G.
CONSTRUCTION FUNDS. The Net Proceeds and such additional funds as may be deposited with Lessor by Lessee pursuant to Section 14.6 for restoration or repair work pursuant to this Lease. Contamination: The presence, Release or threatened Release of any Hazardous Materials at the Leased Properties in violation of any Environmental Law, or in a quantity that would give rise to any affirmative Clean-Up obligations under an Environmental Law, including, but not limited to, the existence of any injury or potential injury to public health, safety, natural resources or the environment associated therewith, or any other environmental condition at, in, about, under or migrating from or to the Leased Properties.
