Construction Lender. Collectively, the lender which provides the Construction Loan and any co-agents, co-lenders and/or participants in such loan.
Construction Lender. Delta-T understands that Owner is obtaining construction financing and that the financial institution providing such construction financing may have certain requirements and procedures for making progress and other payments to Delta-T. Delta-T agrees to cooperate with any and all reasonable requirements and procedures imposed by Owner's construction lender.
Construction Lender. The name and address of each lender providing construction financing to Wal-Mart for the project, if applicable, is set forth below:
Construction Lender. That lender or lenders which make the ------------------- Construction Loan.
Construction Lender. Promptly upon receipt of notice by the Escrow Agent that Xxxxxx Xxx has delivered the items enumerated in Section 10.1 of this Agreement, the Construction Lender shall deliver to the Escrow Agent the following items to be held and distributed by the Escrow Agent in accordance with the terms of Section 10.3 of this Agreement:
(i) an executed certificate of satisfaction, in recordable form, releasing the lien of the Construction Loan Mortgage on the Project (the "Certificate of Satisfaction"); and
(ii) cash equal to the amount, if any, by which the outstanding principal balance, plus all accrued but unpaid interest, under the Construction Advance Loan, exceeds the Permanent Mortgage Loan Amount under the Forward Commitment (the "Required Cash Curtailment").
Construction Lender. If prior to the Conversion Date the Bonds have been defeased as described in Section 9.03 hereof, and the Trustee shall receive a written statement from the Construction Lender stating that money is owed to the Construction Lender on account of the Bonds and/or the Bond Mortgage Loan, whether with respect to the Construction Loan or the Construction Phase Credit Facility, as applicable, any other Construction Loan Document or otherwise in connection with the Bonds or the Bond Mortgage Loan, the Trustee shall, upon receipt of written notification from Freddie Mac that all amounts due and owing to Freddie Mac under the Reimbursement Agreement and the Reimbursement Mortgage have been paid in full, prior to cancellation and discharge of this Indenture and prior to any reconveyance, assignment and delivery to the Borrower of the Trust Estate or any part of it, pay over, assign and deliver to the Construction Lender so much of (and not to exceed) the Trust Estate as shall be necessary to fully pay, satisfy and discharge all amounts due and owing to the Construction Lender in respect of the Bonds and the Bond Mortgage Loan, whether with respect to the Construction Loan Documents or otherwise in connection with the Bonds or the Bond Mortgage Loan, as determined by the Construction Lender, in its sole and absolute discretion.
Construction Lender. In addition to other assurances provided in this Agreement, Architect acknowledges that Developer may obtain financing for or in connection with the Project and Architect agrees to cooperate with Developer and any Construction Lender in connection with such financing (and any refinancing), including delivering, as a condition to any such financing or refinancing, such documentation and information as is customary for a financing or refinancing of such type and entering into direct agreements with such Construction Lender, as required by such Construction Lender, covering matters that are customary in a financing or refinancing of such type, including: Construction Lender assignment or security rights with respect to this Agreement; opinions; direct notices to Construction Lender, with applicable cure periods, prior to any termination, suspension or other similar action; step-in/step- out rights; an obligation on the Parties not to amend the Agreement without Construction Lender’s consent; and access by such Construction Lender’s representative and other matters applicable to such financing or refinancing.
Construction Lender. The term “Construction Lender” means
Construction Lender. Borrower: _______________________________ _______________________________ _______________________________
Construction Lender. The lender providing the Construction Loan.
