Construction Draw Date definition

Construction Draw Date means the date on which a disbursement from the Project Fund shall be made solely to pay Costs of the Project.
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Construction Draw Date means the date on which a disbursement from the Project Fund shall be made to or at the direction of the Lender solely to pay acquisition, rehabilitation and equipping costs of the Development.
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Construction Draw Date means the date on which a disbursement from the Project Fund shall be made to pay construction costs of the Project (which shall be the same as a Disbursement Date under and as defined in the Funding Agreement).
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Examples of Construction Draw Date in a sentence

  • Upon the deposit of Collateral Payments in the Collateral Fund, if required and as provided in Section 4.13 hereof, the Trustee shall disburse the Bond proceeds on deposit in the Project Fund on a Construction Draw Date solely to pay Qualified Project Costs and only upon the receipt by the Trustee of (1) a request or requests therefor, upon requisition forms approved by the Issuer in substantially the form attached hereto as Exhibit E.

Related to Construction Draw Date

  • 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

  • Tenant Improvements Defined in Exhibit B, if any.

  • First draw sample means a one-liter sample of tap water, collected in accordance with 12VAC5-590-375 B 2, that has been standing in plumbing pipes at least six hours and is collected without flushing the tap.

  • Construction Start Date means the later to occur of the date on which Seller delivers to Buyer (a) a copy of the Notice to Proceed that Seller has delivered to the EPC Contractor for the Project, and (b) a written Certification substantially in the form attached hereto as Appendix IV-1.

  • Construction Lender means a person who makes a construction loan.

  • Construction Period means the period commencing from the Appointed Date and ending on the date of the Completion Certificate;

  • Construction Loan means the loan to finance construction of the Apartment Housing, made to Owner by the Construction Lender.

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

  • The Completion Date means the date of completion of the Works as certified by the Employer’s Representative.