Common use of Limitation of Project Expenditures Clause in Contracts

Limitation of Project Expenditures. The acquisition, construction, rehabilitation and equipping of the Project were not commenced (within the meaning of Section 144(a) of the Code) prior to the 60th day preceding the adoption of the resolution of the Governmental Lender with respect to the Project on June 14, 2016, and no obligation for which reimbursement will be sought from proceeds of the Funding Loan relating to the acquisition, construction, rehabilitation or equipping of the Project was paid or incurred prior to 60 days prior to such date, except for permissible “preliminary expenditures”, which include architectural, engineering surveying, soil testing, reimbursement bond issuance and similar costs incurred prior to the commencement of construction, rehabilitation or acquisition of the Project.

Limitation of Project Expenditures. The acquisition, construction, rehabilitation construction and equipping of the Project were not commenced (within the meaning of Section 144(a) of the Code) prior to the 60th day preceding the adoption of the resolution of the Governmental Lender with respect to the Project on June 14February 10, 20162015, and no obligation for which reimbursement will be sought from proceeds of the portion of the Funding Loan evidenced by the Tax-Exempt Governmental Lender Note relating to the acquisition, construction, rehabilitation construction or equipping of the Project was paid or incurred prior to 60 days prior to such date, except for permissible “preliminary expenditures”, which include architectural, engineering surveying, soil testing, reimbursement bond issuance and similar costs incurred prior to the commencement of construction, rehabilitation or acquisition and construction of the Project.

Limitation of Project Expenditures. The acquisition, construction, acquisition and rehabilitation and equipping of the Project were not commenced (within the meaning of Section 144(a) of the Code) prior to the 60th day preceding the adoption of the resolution of the Governmental Lender with respect to the Project on June 14May 5, 20162015, and no obligation for which reimbursement will be sought from proceeds of the Funding Loan relating to the acquisition, construction, acquisition or rehabilitation or equipping of the Project was paid or incurred prior to 60 days prior to such date, except for permissible “preliminary expenditures”, which include architectural, engineering surveying, soil testing, reimbursement construction bond issuance and similar costs incurred prior to the commencement of construction, the acquisition and rehabilitation or acquisition of the Project.

Limitation of Project Expenditures. The acquisition, construction, acquisition and rehabilitation and equipping of the Project were not commenced (within the meaning of Section 144(a) of the Code) prior to the 60th day preceding the adoption of the resolution of the Governmental Lender with respect to the Project on June 14[February 10, 20162015], and no obligation for which reimbursement will be sought from proceeds of the portion of the Funding Loan evidenced by the Tax-Exempt Governmental Lender Note relating to the acquisition, construction, acquisition or rehabilitation or equipping of the Project was paid or incurred prior to 60 days prior to such date, except for permissible “preliminary expenditures”, which include architectural, engineering surveying, soil testing, reimbursement bond issuance and similar costs incurred prior to the commencement of construction, the rehabilitation or acquisition of the Project.

Limitation of Project Expenditures. The acquisition, constructionrehabilitation, rehabilitation and equipping of the Project were not commenced (within the meaning of Section 144(a) of the Code) prior to the 60th day preceding the adoption of the resolution of the Governmental Lender with respect to the Project on June 14[ , 201620 ], and no obligation for which reimbursement will be sought from proceeds of the portion of the Funding Loan evidenced by the Tax-Exempt Governmental Lender Note relating to the acquisition, construction, rehabilitation or equipping of the Project was paid or incurred prior to 60 days prior to such date, except for permissible “preliminary expenditures”, which include architectural, engineering surveying, soil testing, reimbursement bond issuance and similar costs incurred prior to the commencement of construction, rehabilitation or acquisition of the Project.

Limitation of Project Expenditures. The acquisition, construction, rehabilitation development and equipping of the Project were not commenced (within the meaning of Section 144(a) of the Code) prior to the 60th sixtieth (60th) day preceding the adoption of the resolution of the Governmental Lender with respect to the Project on June November 14, 20162019, and no obligation for which reimbursement will be sought from proceeds of the Funding Loan relating to the acquisition, construction, rehabilitation development or equipping of the Project was paid or incurred prior to 60 sixty (60) days prior to such date, except for permissible “preliminary expenditures”, ,” which include architectural, engineering surveying, soil testing, reimbursement bond issuance and similar costs incurred prior to the commencement of construction, rehabilitation construction or acquisition of the Project.

Limitation of Project Expenditures. The acquisition, construction, rehabilitation construction and equipping of the Project were not commenced (within the meaning of Section 144(a31(a) of the Code) prior to the 60th day preceding the adoption of the resolution Resolution No. [ ] of the Governmental Lender with respect to the Project on June 14[ , 201620 ], and no obligation for which reimbursement will be sought from proceeds of the Funding Loan relating to the acquisition, construction, rehabilitation construction or equipping of the Project was paid or incurred prior to 60 days prior to such date, except for permissible “"preliminary expenditures”", which include architectural, engineering surveying, soil testing, reimbursement bond issuance testing and similar costs incurred prior to the commencement of construction, rehabilitation or acquisition of the Project.

Limitation of Project Expenditures. The acquisition, construction, rehabilitation acquisition and equipping construction of the Project were not commenced (within the meaning of Section 144(a) of the Code) prior to the 60th day preceding the adoption of the resolution of the Governmental Lender with respect to the Project on June 14January 19, 20162021, and no obligation for which reimbursement will be sought from proceeds of the portion of the Funding Loan evidenced by the Tax-Exempt Governmental Lender Note relating to the acquisition, construction, rehabilitation acquisition or equipping construction of the Project was paid or incurred prior to 60 days prior to such date, except for permissible “preliminary expenditures”, which include architectural, engineering surveying, soil testing, reimbursement bond issuance and similar costs incurred prior to the commencement of construction, rehabilitation or the acquisition and construction of the Project.

Limitation of Project Expenditures. The acquisition, construction, rehabilitation acquisition and equipping construction of the Project were not commenced (within the meaning of Section 144(a) of the Code) prior to the 60th day preceding the adoption of the resolution of the Governmental Lender with respect to the Project on June 14July 17, 20162018, and no obligation for which reimbursement will be sought from proceeds of the portion of the Funding Loan evidenced by the Tax Exempt Governmental Lender Note relating to the acquisition, construction, rehabilitation acquisition or equipping construction of the Project was paid or incurred prior to 60 days prior to such date, except for permissible “preliminary expenditures”, which include architectural, engineering surveying, soil testing, reimbursement bond issuance and similar costs incurred prior to the commencement of construction, rehabilitation or the acquisition and construction of the Project.

Limitation of Project Expenditures. The acquisition, construction, rehabilitation construction and equipping of the Project were not commenced (within the meaning of Section 144(a) of the Code) prior to the 60th day preceding the adoption of the resolution of the Governmental Lender with respect to the Project on June 14, 2016[INDUCEMENT DATE], and no obligation for which reimbursement will be sought from proceeds of the Funding Loan relating to the acquisition, construction, rehabilitation construction or equipping of the Project was paid or incurred prior to 60 days prior to such date, except for permissible “preliminary expenditures”, ,” which include architectural, engineering surveying, soil testing, reimbursement bond issuance and similar costs incurred prior to the commencement of construction, rehabilitation construction or acquisition of the Project.

Limitation of Project Expenditures. The acquisition, construction, acquisition rehabilitation and equipping improvement of the Project were not commenced (within the meaning of Section 144(a) of the Code) prior to the 60th day preceding the adoption of the resolution of the Governmental Lender with respect to the Project on June 14, 2016, and no obligation for which reimbursement will be sought from proceeds of the Funding Loan relating to the acquisition, construction, rehabilitation or equipping and improvement of the Project was paid or incurred prior to 60 days prior to such date, except for permissible “preliminary expenditures”, ,” which include architectural, engineering surveying, soil testing, reimbursement bond issuance and similar costs incurred prior to the commencement of constructionthe acquisition, rehabilitation or acquisition and improvement of the Project.

Limitation of Project Expenditures. The acquisition, construction, rehabilitation and equipping of the Project were not commenced (within the meaning of Section 144(a) of the Code) prior to the 60th day preceding the adoption of the resolution of the Governmental Lender with respect to the Project on June 14May 20, 20162021, and no obligation for which reimbursement will be sought from proceeds of the Funding Loan relating to the acquisition, construction, rehabilitation construction or equipping of the Project was paid or incurred prior to 60 days prior to such date, except for permissible “preliminary expenditures”, which include architectural, engineering surveying, soil testing, reimbursement bond issuance and similar costs incurred prior to the commencement of construction, rehabilitation or acquisition of the Project.

Limitation of Project Expenditures. The acquisition, construction, rehabilitation and equipping of the Project were not commenced (within the meaning of Section 144(a) of the Code) prior to the 60th day preceding the adoption of the resolution of the Governmental Lender with respect to the Project on June 14October 25, 2016, and no obligation for which reimbursement will be sought from proceeds of the Funding Loan relating to the acquisition, construction, rehabilitation or equipping of the Project was paid or incurred prior to 60 days prior to such date, except for permissible “preliminary expenditures”, which include architectural, engineering surveying, soil testing, reimbursement bond issuance and similar costs incurred prior to the commencement of construction, rehabilitation or acquisition of the Project.

Limitation of Project Expenditures. The acquisition, construction, acquisition and rehabilitation and equipping of the Project were not commenced (within the meaning of Section 144(a) of the Code) prior to the 60th day preceding the adoption of the resolution of the Governmental Lender with respect to the Project on June 14September 9, 20162014, and no obligation for which reimbursement will be sought from proceeds of the portion of the Funding Loan evidenced by the Tax-Exempt Governmental Lender Notes relating to the acquisition, construction, acquisition or rehabilitation or equipping of the Project was paid or incurred prior to 60 days prior to such date, except for permissible “"preliminary expenditures”", which include architectural, engineering surveying, soil testing, reimbursement bond issuance and similar costs incurred prior to the commencement of construction, the rehabilitation or acquisition of the Project.