Construction Progress Draw Procedures Sample Clauses

Construction Progress Draw Procedures. The CRA agrees to disburse the Grant to the Grantee on a construction draw basis for expenses necessarily and properly incurred under this Agreement based solely on the NoMi Lofts Expenses Spreadsheet attached hereto as Exhibit “F” and by this reference made a part hereof all as approved by the CRA. The Grantee shall be required to close on any loans providing funding for the Project as a condition precedent to the disbursement of any portion of the Grant. Payments shall be made to the Grantee or, upon the prior written request of the Grantee, by joint check to the Grantee and general contractor. Payment shall be made in accordance with the following procedures:
Sample 1
AutoNDA by SimpleDocs

Related to Construction Progress Draw Procedures

  • Definitions For purposes of this Agreement:

  • NOW, THEREFORE the parties hereto agree as follows:

  • General The Trustee shall keep proper books of record and account of all the transactions of each Trust under this Indenture at its corporate trust office, including a record of the name and address of, and the Units issued by each Trust and held by, every Unit holder, and such books and records of each Trust shall be open to inspection by any Unit holder of such Trust at all reasonable times during the usual business hours. The Trustee shall make such annual or other reports as may from time to time be required under any applicable state or federal statute or rule or regulations thereunder.

  • WHEREAS the Company desires the Warrant Agent to act on behalf of the Company, and the Warrant Agent is willing to so act, in connection with the issuance, registration, transfer, exchange, redemption and exercise of the Warrants; and

  • Notices Any notice, request or other document required or permitted to be given or delivered to the Holder by the Company shall be delivered in accordance with the notice provisions of the Purchase Agreement.

  • IN WITNESS WHEREOF the parties hereto have executed this Agreement as of the day and year first above written.

  • Entire Agreement This Agreement constitutes the entire agreement between the parties hereto with respect to the subject matter contained in this Agreement and supersedes all prior agreements, understandings and negotiations between the parties.

  • Severability Any provision of this Agreement that is prohibited or unenforceable in any jurisdiction shall, as to such jurisdiction, be ineffective to the extent of such prohibition or unenforceability without invalidating the remaining provisions hereof, and any such prohibition or unenforceability in any jurisdiction shall not invalidate or render unenforceable such provision in any other jurisdiction.

  • Termination This Agreement may be terminated at any time prior to the Closing:

Time is Money Join Law Insider Premium to draft better contracts faster.