Construction Component definition

Construction Component means the Hotel/Casino Component, the Energy Project Component or the Equipment Component.

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Construction Component if the Loan includes a Construction Component, that portion of the Loan, not to exceed the Maximum Construction Component Amount, allocated to payment of the cost of the Construction Work, excluding interest on the Loan.

Construction Component means any of the HC/Mall Component, the HVAC Component or the Equipment Component.

Examples of Construction Component in a sentence

The Delayed Draw Term B-1 Loans shall be available (x) for Project Costs in accordance with the Construction Component of the Budget only after the Borrowers have fully drawn the Delayed Draw Term A Loans and (y) at the amount(s) set forth in Section 8.1.38 upon the Borrowers’ satisfaction of the Additional DIP Milestones by the applicable Additional DIP Milestone Dates.
The Loan consists of the Predevelopment Component, and the Construction Component.
Eagle One Roofing NY Roofing Co. ▇▇▇▇▇▇▇ & Associates Woodword Construction Component Assembly Systems ASM Electric & Machine Corp.
Any Advances of Delayed Draw Term A Loans, Delayed Draw Term A-1 Loans or Delayed Draw Term B-1 Loans for construction costs for the Project in accordance with the Construction Component of the Budget shall be conditioned upon satisfaction or waiver of the additional conditions precedent set forth in Section 6.4.
Each such Request for Advance under an Acquisition Component and/or a Construction Component thereof must be submitted to Lender at least ten (10) Business Days prior to the date the Advance is requested to be made, except in connection with the initial Advance with respect to the financing of Acquired Assets which can occur simultaneously with the closing under the Acquisition Contract through an escrow arrangement acceptable to Lender or as otherwise provided in a Sub-Loan Agreement.

More Definitions of Construction Component

Construction Component means that portion of the County Loan, in the approximate amount of Three Million Seven Hundred Seventy Thousand Two Hundred Twenty- Four Dollars ($3,770,224) to be disbursed to the Developer, subject to the disbursement conditions set forth in Section 3.6 of this Agreement.

Construction Component that portion of the Development Loan, not to exceed the Maximum Time-Share Building (Phase I) Construction Component Amount, allocated in the Construction Budget to the construction of the Time-Share Building (Phase I), but in all events excluding the Interest Reserve Fund.

Construction Component has the meaning set forth in Recital H.

Construction Component means any of the Resort Component or the FF&E Component.

Construction Component has the meaning set forth in Section 2.6.

Construction Component means each individual component of an element which perform a technical function e.g. cladding system, structure, insulation, vapour barrier, plasterboard etc

Construction Component means the portion of the Budget that sets forth all expenditures by the Operating Company for the Project to achieve Final Completion.