Construction Account definition

Construction Account means the account by that name established in the FGR Subordinated Indebtedness Fund pursuant to the Second Resolution.
Construction Account shall have the meaning given to such term in the Depositary Agreement.
Construction Account has the meaning assigned to such term in the Accounts Agreement.

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.


More Definitions of Construction Account

Construction Account shall have the meaning given such term in the Collateral Agency Agreement.
Construction Account has the meaning given in Section 1.1 of the Depositary Agreement.
Construction Account means bank account number IBAN:in the name of the CBC pursuant to the CBC Account Agreement with the CBC Account Bank, to which amounts corresponding to the aggregate relevant Construction Deposits will be credited.
Construction Account means the account created in the Sanitary Sewerage System Fund pursuant to Section 7.02 of the Original Resolution.
Construction Account means, with respect to the Project, any account that may be established by the Borrower for the deposit of proceeds of the TIFIA Loan to be applied subsequently to promptly pay or reimburse Eligible Project Costs.
Construction Account means the account created by the Issuer as set forth in Section 4.3 of this Indenture.
Construction Account means the "Second Water Quality Construction