Additional Construction Loan definition

Additional Construction Loan. As defined in the Regulations.
Sample 1Sample 2Sample 3
Additional Construction Loan means an additional loan (whether in the form of an amendment to the agreement for the Construction Loan or otherwise) to be made by Westpac (or other third-party lender) or ESI to the Partnership to fund the cost of completing construction of the Project and certain working capital requirements of the Partnership during construction.
Sample 1
Additional Construction Loan has the meaning given in Section 2.1.1(b).
Sample 1

Examples of Additional Construction Loan in a sentence

  • The Letter(s) of Credit set forth above shall be returned by Landlord to Tenant upon the final requisition of the Landlord’s Construction Loan or Landlord’s Additional Construction Loan, as applicable.

  • Donations Chair 1) Maintain a listing of the PSO membership with current telephone numbers, home addresses, and email address, as available.

  • The Guarantor acknowledges that in making the Additional Construction Loan the Bank is relying primarily upon the covenants of the Guarantor contained in this Agreement and the Limited Credit Guaranty Agreement dated July 15, 1997 and upon the guaranties of other guarantors, and undertakes to perform the Guarantor's obligations hereunder promptly and in good faith.

  • Your name and personal information will not be included in this monthly report.• We will use the aggregate data on mentorship activities collected through the MA App from all users in reports that SkillPlan generates for its own purposes.

  • CoBank will evaluate each such request and determine, in its sole and absolute discretion, whether or not to make the Additional Term Loan, Additional Revolving Loan or Additional Construction Loan (collectively "ADDITIONAL LOANS") requested therein.

  • Tenant hereby agrees that Landlord shall not be required to reimburse Tenant for any amount of the Landlord’s Construction Loan or Landlord’s Additional Construction Loan for an applicable Phase until such time that Tenant has expended all amounts required to complete the applicable Initial Installations other than the Landlord’s Construction Loan and Landlord’s Additional Construction Loan.

  • In order to induce the Bank to make the Additional Construction Loan, the Guarantor, who acknowledges that the Guarantor will benefit from such Loans to the Borrower, has agreed to execute and deliver this Agreement on the understanding that doing so is a condition precedent to the Bank's making such Loans.

  • Details on how and where to apply for the CAQ are provided with the McGill Admissions package.Study Permit – Issued by Immigration Canada through a Cana- dian Embassy or Consulate.

  • TO [NEPA].” CEQA Guidelines, section 15220 unequivocally states: “This article applies to projects that are subject to both CEQA and NEPA.

  • Additional Construction Loan ServicesThe fees below are charged, in addition to the Escrow Fees in IV-1 through IV-3, for any of the following escrow services, unless such fee(s) are expressly included in another section of this Manual for a particular type of escrow fee, transaction or rate.


More Definitions of Additional Construction Loan

Additional Construction Loan shall have the meaning set forth in Subsection 2.1.4.
Sample 1

Related to Additional Construction Loan

  • Original construction ’ shall mean the first or initial construction

  • Residential construction means construction on single-family or two-family dwellings occupied or used, or intended to be occupied or used, primarily for residential purposes, and includes real property pursuant to chapter 499B.

  • Construction Loan means the loan to finance construction of the Apartment Housing, made to Owner by the Construction Lender.

  • Construction Loan Agreement means the Loan Agreement to be entered into by and between the Construction Lender and the Partnership, as amended.

  • New construction means, for the purposes of determining insurance rates, structures for which the "start of construction" commenced on or after the effective date of an initial FIRM or after December 31, 1974, whichever is later, and includes any subsequent improvements to such structures. For floodplain management purposes, "new construction" means structures for which the "start of construction" commenced on or after the effective date of the floodplain management regulations adopted by a community and includes any subsequent improvements to such structures.

  • Acquisition and Construction Fund means the fund so designated in, and created pursuant to, Section 502 hereof.

  • Additional Conditions means the terms and conditions set out in the Offer Document.

  • Building construction means any physical activity on the site involved in the erection of a structure, cladding, external finish, formwork, fixture, fitting of service installation and the unloading of plant, machinery, materials or the like.

  • Construction project means the same as that term is defined in Section 38-1a-102.

  • Project Loan means the loan made by the Governmental Lender to the Borrower pursuant to the Project Loan Agreement in the original principal amount of $[AMOUNT], as evidenced by the Project Note.

  • Cost of Construction means the total cost to Owner of those portions of the entire Project designed or specified by the Design Professional. Cost of Construction does not include the Design Professional's compensation and expenses and Owner's expenses associated with the Project or the cost of other services to be provided by others to the Owner.

  • Construction Phase means that Phase of the Project which shall commence after the Authority provides the Trade Contractor with written Notice to Proceed with the Construction Phase.

  • Commenced Construction means (a) all of the following site preparation work is completed: ingress and egress routes exist; the site on which the Project will be located is cleared and graded; there is power service to the site; footings are prepared; and foundations have been poured consistent with purchased equipment specifications and project design; or (b) the following financial commitments have been made: (i) (A) an engineering, procurement, and construction contract (“EPC”) has been executed by all parties and is effective; or (B) contracts (collectively, “EPC Equivalents”) for all of the following have been executed by all parties and is effective: (1) project engineering, (2) procurement of all major equipment, and (3) construction of the Project, and (ii) the cumulative payments made by the Developer under the EPC or EPC Equivalents to the counterparties to those respective agreements is equal to at least thirty (30) percent of the total costs of the EPC or EPC Equivalents.

  • Additional Advance means each additional loan that is made under an RBC Homeline Plan after the initial advance, including any new or additional advances, increases to principal, or further borrowings or extensions of the term, including in the case of any fluctuating account or accounts, revolving loans, or lines of credit, additional segments of such facilities made after the initial advance. They are referred to collectively as Additional Advances.

  • Completion of Construction means all the construction is complete except for minor weather-related components and conforms to the approved plans and specifications and change orders.

  • Construction Account means the account by that name established in the FGR Subordinated Indebtedness Fund pursuant to the Second Resolution.

  • Construction and demolition debris means and includes:

  • Loan Advance The meaning specified in Section 2.2(a).

  • Initial Advance means the first Advance made pursuant to Article II.

  • Commencement of Construction means the commencement of construction of foundation components or elements (such as footings, rafts or piles) for the home.