Construction Loan Application Sample Clauses

Construction Loan Application. Xxxxxx Xxxxxxx May 17, 2021 The FIRM will coordinate with the City’s Finance Department and prepare the draft loan application or assist the City. The FIRM will provide comments and recommendations relative to the application and application process. The FIRM will assist the City in completing the final construction loan application and the submittal of the required documentation to the FDEP. The FIRM will assist the City in the preparation of draft resolutions and certifications as may be necessary to complete the application process. The FIRM will coordinate with the City and the FDEP to gain approval of the application. The FIRM will review the draft loan agreement that will be prepared by the FDEP. The FIRM will comment and advise the City as to the provisions of the draft agreement, communicate with the FDEP to negotiate needed revisions to the draft agreement, and respond to comments and questions. The FIRM will provide guidance on the execution and filing of the final agreement with the FDEP. The FIRM will coordinate with the FDEP to gain approval of the final construction loan agreement.
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Related to Construction Loan Application

  • Loan Application Buyer agrees, within a reasonable time, to make a good faith loan application with a credible financial institution;

  • Borrower’s Loan Application Borrower shall be in default if, during the Loan application process, Borrower or any persons or entities acting at the direction of Borrower or with Borrower’s knowledge or consent gave materially false, misleading, or inaccurate information or statements to Lender (or failed to provide Lender with material information) in connection with the Loan. Material representations include, but are not limited to, representations concerning Xxxxxxxx’s occupancy of the Property as Xxxxxxxx’s principal residence.

  • Construction Reports Each Constructing Entity shall issue reports to each other Construction Party on a monthly basis, and at such other times as reasonably requested, regarding the status of the construction and installation of the Interconnection Facilities. Each Construction Party shall promptly identify, and shall notify each other Construction Party of, any event that the Construction Party reasonably expects may delay completion, or may significantly increase the cost, of the Interconnection Facilities. Should a Construction Party report such an event, Transmission Provider shall, within fifteen days of such notification, convene a technical meeting of the Construction Parties to evaluate schedule alternatives.

  • Construction Phase Part 1 –

  • Construction Phase - Administration of the Construction Contract 1.6.1 The Construction Phase shall commence with the acceptance of the Construction Manager’s Guaranteed Maximum Price (or acceptance of a partial Guaranteed Maximum Price for a stage or phase) and issuance of a Notice to Proceed with Construction Services and terminate sixty (60) days after Final Payment to the Contractor is made, or when all of Architect/Engineer’s services have been satisfactorily performed, whichever occurs later.

  • Construction Cost Budget The total cost to District of all elements of the Project designed or specified by the Architect, as adjusted during and at the end of the design phase in accordance with this Agreement and the Agreement for Architectural Services. The Construction Cost Budget does not include the compensation of the Project Design Team, the Program Manager (if any), the Construction Manager and any subconsultants, the cost of the land, rights-of-way, or financing which are the responsibility of the District.

  • BUILDER’S RISK FOR CONSTRUCTION RENOVATION PROJECTS If the project is CONSTRUCTION RENOVATION of an existing structure, and the State has already determined that Contractor will not be obligated to obtain and maintain Builder’s Risk insurance, then the following provisions apply:

  • Construction Budget The total amount indicated by the District for the Project plus all other costs, including design, construction, administration, financing, and all other costs.

  • Construction Administration Phase Delete the following paragraph if Submittal Exchange isn’t going to be used:

  • Project Construction Budget The project construction cost allowance specifically stated in writing as the ‘revised’ or ‘current’ ‘Project Construction Budget’ by the Trustees at each applicable phase of plan development.

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