Construction Disbursement Request definition

Construction Disbursement Request means the form to be executed and appropriately completed by an Authorized Officer of Borrower and submitted to Agent Bank concurrently with each request for the advance by Lenders of a Construction Disbursement during the Construction Period, a copy of which form is marked "Exhibit K", affixed hereto and by this reference incorporated herein and made a part hereof.
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Construction Disbursement Request has the meaning specified in Section 2.2.
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Construction Disbursement Request means, a written request and certification for payment submitted by X.Xxxxx to the Building Corporation in the form attached hereto as Exhibit A, which request and certification for payment shall: (1) be prepared by X.Xxxxx; (2) be accompanied by:
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Examples of Construction Disbursement Request in a sentence

  • Lenders shall disburse such funds monthly in payment of those portions of the Construction Disbursement Requests which are approved by Agent Bank in a timely manner, but in no event later than ten (10) Banking Business Days following the date Agent Bank receives such Construction Disbursement Request in accordance with the requirements of Article IX.

  • Upon receipt by the Disbursement Agent of a Construction Disbursement Request with the paragraph labeled “[For the Final CDA Disbursement Only]” included, the Disbursement Agent shall disburse all remaining funds in the Construction Disbursement Account as directed by the Issuers (the “Final CDA Disbursement”).

  • Borrowings made pursuant to a Construction Disbursement Request shall be Base Rate Loans as of the applicable Funding Date and shall be made in accordance with the provisions of Section 2.09(a).

  • Each Construction Disbursement Request for Hard Costs shall be certified by ACLVI and General Contractor with respect to components of the Structural Plans and Specifications and by ACLVI with respect to components of the Interior Plans and Specifications prior to submission to Agent Bank and the Lenders.

  • Concurrently with the submission of any Construction Disbursement Request, the Issuer shall submit an Officer's Certificate in the form of EXHIBIT D-1 (an "AVAILABLE CONSTRUCTION FUNDS CERTIFICATE"), to the Disbursement Agent, the Trustee and the Independent Construction Consultant.

  • The Disbursement Agent shall approve any Construction Disbursement Request that satisfies each of the conditions set forth in Section 4.2.2; PROVIDED that each of the conditions in Section 4.1 has been satisfied as of such time.

  • The Disbursement Agent shall not give disbursement instructions to the Trustee in connection with such Construction Disbursement Request unless the applicable conditions set forth in Section 4 hereof are satisfied.

  • Each Construction Disbursement Request shall be further supported by invoices, statements and other items required under the Disbursement Plan and other forms reasonably requested by Agent Bank (AIA Forms G702 or forms substan-tially similar thereto if first approved by Agent Bank).

  • If such a notice is received, the Asset Representations Reviewer will immediately terminate all Tests of such Group Review Receivable and the Review of the Group Review Receivable will be considered complete (a “Test Complete”).

  • In addition, the Disbursement Agent shall have the right, but shall have no obligation, at reasonable times during customary business hours and at reasonable intervals upon prior notice to review, to the extent it deems reasonably necessary or appropriate to permit it to perform its duties hereunder, all information (including Construction Contracts) supporting any Construction Disbursement Request and any certificates in support of any of the foregoing.


More Definitions of Construction Disbursement Request

Construction Disbursement Request means, a written request and certification for payment submitted by Round Room to the Corporation in the form attached hereto as Exhibit A, which request and certification for payment shall: (1) be prepared by Round Room; (2) be accompanied by: (a) a description of the work therein, (b) a summary of the expenses included in such Construction Disbursement Request, and (c) all related invoices, lien releases, and/or other information reasonably necessary to establish the accuracy of the information set forth in the request and certification.
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Construction Disbursement Request means the form to be executed and appropriately completed by Borrower and submitted to Agent Bank concurrently with each request for the advance by Lenders of a Construction Disbursement during the Construction Period, a copy of which form is marked "Exhibit G", affixed hereto and by this reference incorporated herein and made a part hereof.
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Construction Disbursement Request means any In-Progress Disbursement Request or any Advance Disbursement Request (each as defined below).
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Related to Construction Disbursement Request

  • Disbursement Request means a disbursement request from the Borrower to the Administrative Agent and the Collateral Agent in the form attached hereto as Exhibit C in connection with a disbursement request from the Unfunded Exposure Account in accordance with Section 2.04(d) or a disbursement request from the Principal Collection Subaccount in accordance with Section 2.18, as applicable.

  • Draw Request Any request by the Borrower, pursuant to Section 2.2 of this Agreement, for a disbursement of any portion of the proceeds of the Loan.

  • 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.

  • Disbursement is defined in Section 2.6.2.

  • Construction Drawings means those drawings containing the technical details associated with the design, construction and installation of the Infrastructure;

  • Payment request means any request for contract financing payment or invoice payment submitted by the contractor under this contract.

  • Project Costs means all allowable costs, as set forth in the applicable Federal cost principles, incurred by a recipient and the value of the contribu- tions made by third parties in accom- plishing the objectives of the award during the project period.

  • Construction Costs means land costs, all costs paid to construct and complete the Improvements, as specified on Exhibit "B" attached hereto and made a part hereof.

  • Construction Fee means a fee or other remuneration for acting as general contractor and/or construction manager to construct improvements, supervise and coordinate projects or provide major repairs or rehabilitations on a Property.

  • Final Drawing has the meaning specified in Section 3.05(i).

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

  • Project Preparation Advance is modified to read “Preparation Advance” and its definition is modified to read as follows:

  • Subproject Agreement means any of the agreements referred to in Section 3.07 of this Agreement; and

  • Letter of Credit Disbursement means a payment made by Issuing Lender or Underlying Issuer pursuant to a Letter of Credit.

  • Total Project Costs means the total amount of money required to complete the Project.

  • Eligible Project Costs means such portion of the Project costs disbursed and loaned from the OPWC to the Recipient for the sole and express purpose of acquiring, constructing, reconstructing, expanding, improving, engineering and equipping the Project, other direct expenses, and related financing costs thereto.

  • Capital Improvement Project means the acquisition, construction, reconstruction, improvement, planning and equipping of roads and bridges, appurtenances to roads and bridges to enhance the safety of animal-drawn vehicles, pedestrians, and bicycles, wastewater treatment facilities, water supply systems, solid waste disposal facilities, and storm water and sanitary collection, storage and treatment facilities including real property, interests in real property, facilities, and equipment related or incidental to those facilities.

  • Loan Disbursement Handbook means ADB’s Loan Disbursement Handbook (2012, as amended from time to time);

  • Tenant Improvement Allowance in the maximum amount of $200.00 per rentable square foot in the Premises, which is included in the Base Rent set forth in the Lease; and

  • Construction Work means any work in connection with⎯

  • Contract Drawings means only those drawings specifically entitled as such and listed in the Specifications or in any Addendum, or any drawings furnished by the Commissioner, pertaining or supplemental thereto.

  • Project Completion Date means the date on which the Completion Certificate is issued;

  • Advance Request means a request for an Advance submitted by Borrower to Lender in substantially the form of Exhibit A.

  • Improvement completion assurance means a surety bond, letter of credit,

  • Construction Completion Date means the date by which the overall development of the Project is completed in accordance with the provisions of this Agreement and when the Construction Completion Certificate is issued by the Independent Engineer as per Article 14.1.

  • Construction Budget means the fully-budgeted costs for the acquisition and construction of a given parcel of real property (including, without limitation, the cost of acquiring such parcel of real property, reserves for construction interest and operating deficits, tenant improvements, leasing commissions, and infrastructure costs) as reasonably determined by the Parent in good faith.