Examples of Construction Account in a sentence
All funds of the Authority and the District to pay Engineering Fees and Construction Costs for the Erosion Control Facilities pursuant to this Agreement shall be deposited into and paid from the Joint Construction Account.
The interest accruing on and any profits realized from investing monies in the Joint Construction Account shall be credited to the account from which such investment was made and allocated to each party based upon its Proportionate Share contributed.
Subject to the District's approval of the Construction Budget and the funding of the construction phase Engineering Fees and Construction Costs in the Joint Construction Account pursuant to and in accordance with Section 3.2 of this Agreement, the Authority shall enter into a contract for the construction of the Erosion Control Facilities if the contract amount is within the approved Construction Budget.
Subject to the funding of the estimated design phase Engineering Fees in the Joint Construction Account pursuant to and in accordance with Section 3.1 of this Agreement, and any other conditions specified elsewhere in this Agreement, the Authority shall direct or cause the Project Engineer to commence design of the Erosion Control Facilities which design must meet all Regulatory Requirements.
ONSHORE CONSTRUCTION ACCOUNT 44 14.1 Payments to Onshore Construction Account 44 14.2 Withdrawals from Onshore Construction Account 44 15.