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 set forth in Section 7.1.
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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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Examples of Construction Disbursement Request in a sentence

  • Such amounts shall be released monthly upon Construction Disbursement Request submitted by Borrower.

  • 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.

  • 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).

  • 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”).

  • The USB Disbursement Agent shall notify the Authority and the Trustee in writing as soon as reasonably possible (and in any event within two Business Days after the USB Disbursement Agent receives any Construction Disbursement Request) if any Construction Disbursement Request is disapproved and the reason(s) therefor.

  • Lenders shall disburse such funds monthly in payment of Construction Disbursement Requests which are approved by Agent Bank and Lenders' Consultant, in a timely manner, but in no event later than eight (8) Banking Business Days following the date Agent Bank receives such Construction Disbursement Request.

  • If such conditions are satisfied, the Disbursement Agent, within three (3) Business Days following receipt of a Construction Disbursement Request, shall direct the Trustee to disburse to the Segregated Account the funds requested in such Construction Disbursement Request.

  • Such amounts shall be released monthly upon Construction Disbursement Request submitted by Borrowers.

  • 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 substantially similar thereto if first approved by Agent Bank).

  • Agent Bank shall have approved each Construction Disbursement Request and/or payments made by Borrower for items as shown on the Project Development Budget.


More Definitions of Construction Disbursement Request

Construction Disbursement Request means, a written request and certification for payment submitted by ▇.▇▇▇▇▇ to the Building Corporation in the form attached hereto as Exhibit A, which request and certification for payment shall: (1) be prepared by ▇.▇▇▇▇▇; (2) be accompanied by:
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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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