Construction Deed of Trust definition

Construction Deed of Trust means a deed of trust, approved by Optionor, for construction financing for developing an Option Parcel and recorded simultaneously with a Parcel Deed of Trust.
Construction Deed of Trust means the Multifamily Leasehold Deed of Trust, Assignment of Leases and Rents, Security Agreement and Fixture Filing, dated January , 2023, granted by the Owner with respect to the Project to Xxxxxxx Xxxxx, as trustee under the deed of trust thereunder for the benefit of the Construction Lender, as the same may be amended, modified or supplemented from time to time

Examples of Construction Deed of Trust in a sentence

  • Tenant hereby consents to Landlord's execution, delivery and recording of the Construction Deed of Trust, the Second Deed of Trust, the HKS Assignment and the Subordination Agreement, and all documents, instruments and agreements executed in connection therewith by Landlord.

  • The Construction Deed of Trust with Assignment of Rents, Security Agreement and Fixture Filing, dated or to be dated on or prior to the Closing Date, made by the Borrower to the Agent for the benefit of the Banks, pursuant to which the Borrower grants a lien, security title and security interest in and to the Project, such Security Deed to be in form and substance satisfactory to the Agent.

  • Such borrowing will be secured in accordance with the Construction Deed of Trust, Assignment of Rents, Security Agreement and Fixture Filing, dated as of December 1, 1983, among Heber Geothermal, the deed trustee and GECC, and as it may be amended, modified and supplemented from time to time in accordance with the terms thereof (the "Mortgage") by a first mortgage on the Plant and by an assignment (for security purposes only) of certain contractual rights of Heber Geothermal.

  • This Note is secured by, among other things, the Construction Deed of Trust with Absolute Assignment of Leases and Rents, Security Agreement and Fixture Filing (as the same may be amended, modified, supplemented or restated from time to time, the “Deed of Trust”) dated as of April 10, 2008, executed by Borrower, as Trustor, to AMERICAN SECURITIES COMPANY, a California corporation, as trustee, for the benefit of Xxxxx Fargo, as Administrative Agent, for the benefit of Lenders, as Beneficiary.

  • Pursuant to Resolution [ ] (the “Resolution”), Landlord consented, upon the conditions set forth therein, to the encumbrance of Tenant’s leasehold estate, in connection with the Loan, by the lien of a [Construction Deed of Trust, With Absolute Assignment of Leases and Rents, Security Agreement and Fixture Filing] for the benefit of Administrative Agent and the Lenders (as applicable, and as the same may be modified, supplemented, extended, restated or replaced, the “Security Instrument”).

  • The First Note is secured by real property located at 1506 Callahan Drive, Knoxville, Tennessee, together with furniture, fixtures, and equipment (collectively “Jubilee Center Property”) through a Construction Deed of Trust, Security Agreement, Assignment, Assignment of Leases and Rents, and Fixture Filing and a Collateral Assignment of Rents, Leases, Profits and Income.

  • This Note is secured by, among other things, that certain Construction Deed of Trust with Absolute Assignment of Leases and Rents, Security Agreement and Fixture Filing (the “Deed of Trust”) of even date herewith, executed by Borrower, as trustor, to a trustee for the benefit of Lender and the other Loan Documents as defined in that certain Loan Agreement of even date herewith, executed by Borrower and Lender (as the same may be amended or restated from time to time, the “Loan Agreement”).

  • The Premises is or will be encumbered by that certain Construction Deed of Trust, Assignment of Rents and Leases, Security Agreement and Fixture Filing from Landlord for the benefit of Lender (the “Deed of Trust”) securing the Note and other Secured Obligations (as described and defined in the Deed of Trust).

  • The Note shall be secured, in part, by that certain Construction Deed of Trust with Absolute Assignment of Leases and Rents, Security Agreement and Fixture Filing of even date herewith, executed by Borrower, as trustor, to Xxxxx X.

  • Cox assured the Hubbells that the Bank would monitor the project and conduct frequent inspections to ensure that the advances of funds requested by the contractor matched the percentage of construction completed.On January 22, 2003, the Hubbells executed the Loan Agreement, a Promissory Note, and a Construction Deed of Trust with the Bank to finance the building of their home.


More Definitions of Construction Deed of Trust

Construction Deed of Trust means the Leasehold Deed of Trust, Assignment, Security Agreement and Fixture Filing with Joinder of Fee Owner, dated [June 1], 2020, granted by the Owner with respect to the Project to PRLAP, Inc., a Texas corporation, as trustee under such deed of trust thereunder for the benefit of the Construction Lender, as the same may be amended, modified or supplemented from time to time.
Construction Deed of Trust means the deed of trust, encumbering the Partnership’s interest in the real property, improvements and personal property constituting the Project, securing payment of the Borrower Loan, and any supplements or amendments thereto made in conformity therewith.
Construction Deed of Trust means, as to each Private Development Parcel, the construction deed of trust benefiting the City during construction of the applicable Private Development Parcel, such construction deed of trust (i) being subject and subordinate to any and all deeds of trust and other liens securing any financing for projects of such Private Development Parcel, (ii) being required to be released upon issuance of the certificate of occupancy for the project on such Private Development Parcel and (iii) the release of such construction deed of trust to be achieved by administrative action of the City and not subject to City Council approval.

Related to Construction Deed of Trust

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

  • Construction Agreement means the proposed building agreement between the Company and a proposed builder substantially in the form of the draft agreement a copy of which has been signed on behalf of the Authority and the Company for the purposes of identification;

  • Deed of Trust means this Deed of Trust, Assignment, Security Agreement and Fixture Filing, as the same may from time to time be extended, amended, restated, supplemented or otherwise modified.

  • Construction Contract or “contract” means a written agreement between a contractor and a public agency for the construction, alteration, demolition, or repair of a facility, other than a contract having a dollar value of less than $30,000.00 or a contract that provides for 3 or fewer payments.

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

  • Construction Management Agreement means the Construction Management Agreement, dated as of the date of the Common Agreement, between Construction Manager and the Project Company.

  • Construction Agreements means agreements to which Tenant is a party for Construction Work, rehabilitation, alteration, repair, replacement or demolition performed pursuant to this Lease.

  • Security Deed means the security deed dated on or about the Series Issue Date of the ETC Securities entered into as a deed by the Issuer, the Trustee and any other parties thereto by the execution of the Issue Deed and in the form of the Master Security Terms (as amended and/or supplemented by the Issue Deed) and as such Security Deed is amended, supplemented, novated or replaced from time to time.

  • Subordination Deed means a subordination deed entered into or to be entered into by, inter alia, each Subordinated Creditor and the Agent in agreed form;

  • Construction and Demolition Debris means and includes:

  • 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.

  • Project Loan Agreement means the Project Loan Agreement dated as of the date hereof among the Borrower, the Governmental Lender and the Fiscal Agent, as amended, supplemented or restated from time to time.

  • construction site means a workplace where construction work is being performed;

  • CONSTRUCTION GUARANTEE means a guarantee at call obtained by the contractor from an institution approved by the employer in terms of the employer's construction guarantee form as selected in the schedule

  • Construction Completion Certificate means a certificate of the I-Bank to the effect that the construction of the Project is complete.

  • 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.

  • Construction Debt means debt incurred to fund (a) all or a portion of a Capital Improvement, (b) interest payments (including periodic net payments under related interest rate swap agreements) and related fees on other Construction Debt or (c) distributions (including incremental Incentive Distributions) on Construction Equity.

  • Construction Completion Date means the Completion Date of the Construction as specified in the Statutory Declaration of Completion for the Project;

  • Project Funding Agreement means an agreement in the form of Schedule E that incorporates the terms of this Agreement and enables the Funder to provide one-time or short term funding for a specific project or service that is not already described in the Schedules;

  • Construction Completion means physical construction of a cleanup action component is complete.

  • Completion Guaranty means the Guaranty of Completion and Payment of even date herewith from Indemnitor for the benefit of Lender, as amended from time to time.

  • Construction Contractor means a person who undertakes to or offers to undertake to, or purports to have the capacity to undertake to, or submits a bid to, or does himself or by or through others, construct, alter, repair, add to, subtract from, improve, move, wreck, or demolish any building, highway, road, railroad, excavation, or other structure, project, development, or improvement to real property, or to do any part thereof. "Construction contractor" includes subcontractors, specialty contractors, prime contractors, and any person receiving consideration for the general supervision and/or coordination of such a construction project except for remediation contracting. This definition shall govern without regard to whether or not the construction contractor is acting in fulfillment of a contract.

  • Construction Zone shall have the meaning set forth in Clause 8.3 (i);

  • Bond Agreement means this bond agreement, including any Attachments to which it refers, and any subsequent amendments and additions agreed between the Parties.

  • Collateral Assignment Agreement has the meaning set forth in Section 10.05.

  • Construction Contracts means the contracts between Lessee and Contractors for the furnishing of labor, services or materials to the Leased Premises in connection with the construction of the Improvements.