Construction and Term Loan definition

Construction and Term Loan means an advance made by Lender to Borrower under its Construction and Term Loan Commitment.
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Construction and Term Loan means the sum of all Advances made pursuant to this First Supplement.
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Construction and Term Loan. Agreement shall mean that certain Construction and Term Loan Agreement dated as of February 4, 1992, among Owner, the lenders parties thereto and General Electric Capital Corporation, as Agent and as Lender, as amended from time to time. Constant Personnel shall mean, at the time of determination, such Operator Personnel and GE O&M Personnel as were employed on the first day of the then current Project Year and are also scheduled to be employed in the same positions on the first day of the next Project Year pursuant to the Approved Annual Operating Plan for such next Project Year. Consumables shall mean, collectively, all items consumed or needing regular periodic replacement during operation and maintenance of the Facility, including, but not limited to, spare parts, water treatment chemicals, lubricants, office supplies, air filters, gaskets, hand tools, and all other consumable materials and parts required for the normal operation of the Facility, but not including Fuel and water.
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Examples of Construction and Term Loan in a sentence

  • Amendment to the Construction and Term Loan Supplement dated April 23, 2008 between Farm Credit Services FLCA and Superior Ethanol, L.L.C. dated April 23, 2008 (Incorporated by reference to Exhibit 10.2 of the Company’s Current Report on Form 8-K filed May 19, 2008).

  • Capitalized terms used but not defined in this Instrument shall have the meanings ascribed to such terms in that certain Construction and Term Loan Agreement of even date herewith (“Loan Agreement”).

  • On or about September 10, 2008, U.S. Bank and Construction entered into a Construction and Term Loan Agreement for $6.4 million, which would be used to build a multi- million dollar office building in Cedar Falls, Iowa to house Peregrine as the primary tenant.

  • Consequently, it is less likely that the unconditional bailout rule will be applied and more likely that society benefits from the central bank’s lending decision.The following Lemma proves two properties of the minimum required magnitude of the punishment d that will be used in the next section.

  • Up to $365 million Senior Secured Credit Facilities 4-Year Construction and Term Loan Facility * * Closed on June 26, 2002 SCHEDULE 7 EXISTING LETTERS OF CREDIT CONECTIV LETTERS OF CREDIT Expiration Date Company Beneficiary Bank Date Issued L/C # Amount 1/31/03 PHI Liberty Mutual Bank One 1/31/98 320373 $400,000 2/28/03 PHI Penn Manufacturers Assoc.

  • Amendment to the Construction and Term Loan Supplement, dated February 1, 2008.

  • The aggregate principal amount outstanding under the Construction and Term Loan may not exceed the Commitment Amount at any time.

  • At no time shall the aggregate balance of Construction Borrowings outstanding exceed the amount of the Construction and Term Loan Commitment.

  • The Partnership's purpose is limited to conducting the business contemplated by the Fiber Construction Agreements (as defined below), which include the Construction and Term Loan Facility, by and among Credit Lyonnais New York Branch, NationsBank of Texas, N.A. and Toronto Dominion (USA) Inc.

  • This Construction and Term Loan Note is issued in connection with, and is entitled to the benefits of, the Credit Agreement which, among other things, contains provisions for the acceleration of the maturity hereof upon the happening of certain events, all upon the terms and conditions therein specified.


More Definitions of Construction and Term Loan

Construction and Term Loan means the sum of all Advances made pursuant to this Fourth Supplement.
Sample 1

Related to Construction and Term Loan

  • Construction and demolition debris means and includes:

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

  • 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.

  • 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.

  • 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.

  • Operation and Maintenance or “O&M” shall mean all activities required to operate, maintain, and monitor the effectiveness of the RA as specified in the SOW or any EPA-approved O&M Plan.

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

  • Operation and Maintenance Costs means the costs of:

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

  • Bond Terms means these terms and conditions, including all Attachments which shall form an integrated part of these Bond Terms, in each case as amended and/or supplemented from time to time.

  • Interconnection Construction Service Agreement means the agreement entered into by an Interconnection Customer, Interconnected Transmission Owner and the Transmission Provider pursuant to Tariff, Part VI, Subpart B and in the form set forth in Tariff, Attachment P, relating to construction of Attachment Facilities, Network Upgrades, and/or Local Upgrades and coordination of the construction and interconnection of an associated Customer Facility. A separate Interconnection Construction Service Agreement will be executed with each Transmission Owner that is responsible for construction of any Attachment Facilities, Network Upgrades, or Local Upgrades associated with interconnection of a Customer Facility. Interconnection Customer:

  • Term of Agreement shall have the meaning ascribed thereto in Article 2 of this Agreement;

  • 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.

  • 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.

  • Operation and Maintenance Expenses or ‘O&M expenses' means the expenditure incurred on operation and maintenance of the project, or part thereof, and includes the expenditure on manpower, repairs, spares, consumables, insurance and overheads;

  • Original construction ’ shall mean the first or initial construction

  • Construction Plant means appliances, machinery with necessary supply to up keep and maintenance of the works or temporary works but dose not include materials or other things intended to form part of the permanent work.

  • WTO GPA country construction material means a construction material that—