Construction Draw Request definition

Construction Draw Request shall have the meaning set forth in Section 2.03.
Sample 1Sample 2Sample 3
Construction Draw Request means a written request delivered by Borrower to the Administrative Agent pursuant to Section 3.3(c) of the Disbursement Agreement.
Sample 1
Construction Draw Request has the meaning specified in Section ------------------------- 3.1 of the Addendum.
Sample 1

Examples of Construction Draw Request in a sentence

  • The borrower and contractor must sign the certification on theInstructions: During Construction: Draw Request form.

  • Each Construction Draw Request shall be irrevocable and shall specify: (a) the aggregate principal amount of the related Borrowing, and (b) the date of the related Borrowing (which shall be a Business Day).

  • Each Construction Draw Request shall be deemed to constitute a representation and warranty by Borrower on the date thereof as to the satisfaction of the conditions set forth in the Disbursing Agreement.

  • Borrower shall be responsible for making inspections of the Real Estate and the Improvements during the course of construction and shall determine to its own satisfaction that the work done or materials supplied by the contractors to whom payment is to be made out of each Construction Draw Request has been properly done or supplied in accordance with the applicable contracts with such contractors.

  • Notwithstanding anything to the contrary, Lender shall have the irrevocable right (without obligation) at any time and from time to time to advance a Construction Borrowing without first receiving a Construction Draw Request from Borrower.

  • The written responses are handwritten and closed-book.15-minute oral quizzes will take place one-on-one outside of class, on announced schedules.

  • To the extent the undersigned has been paid for amounts noted in this Construction Draw Request, the undersigned waives any right it has to claim a lien on the Property.

  • Borrower shall not, directly or indirectly, cause or permit (through the submission of a Construction Draw Request, the disbursement of a Construction Loan or otherwise) the amount in the Budget Line Item labeled “Contingency” in the Construction Budget to be less than one million Dollars ($1,000,000) at any time (the “Minimum Contingency Covenant”).

  • Notwithstanding anything to the contrary in the Guaranty or any other documents entered into by the Joint Venture in connection with the Project Financing (collectively, the "Loan Documents"), CADCo hereby agrees that NOC shall be solely entitled to submit any Construction Draw Request on behalf of the Joint Venture (to the extent that such a draw request is permitted by the Guaranty).

  • Attached hereto is a copy of the Construction Draw Request signed and certified by the general contractor as true and correct.


More Definitions of Construction Draw Request

Construction Draw Request. A properly completed and executed written application by Borrower to Agent in the form approved by Agent, which approval shall not be unreasonably withheld, conditioned or delayed, setting forth the amount of Construction Proceeds desired, together with such schedules, affidavits, releases, waivers, statements, invoices, bills and other documents, certificates and information as Agent requires.
Sample 1
Construction Draw Request means a written request delivered by the Borrower to the Administrative Agent to withdraw funds from a Construction Account, substantially in the form of Schedule 3.3 to the Disbursement Agreement (from and after its entry into force).
Sample 1

Related to Construction Draw Request

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

  • 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 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.

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

  • Construction Work means any work in connection with⎯

  • Construction sign means a sign which identifies the architect, engineers, contractors and other individuals or firms involved with the construction of a building, or announces the character of the building or enterprise, which is erected during the building construction period.

  • Space Plan means the space plan to be prepared by Tenant in accordance with paragraph 2 below and approved by Landlord and Tenant, and showing the general configuration of the Tenant Improvements.

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

  • 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

  • Advance Request Form means a certificate, in substantially the form of Exhibit A, properly completed and signed by Borrower requesting an Advance.

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

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

  • First draw sample means a one−liter sample of tap water that has been standing in plumbing pipes at least 6 hours and is collected without flushing the tap.

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

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

  • Shop Drawing means any and all drawings, diagrams, layouts, explanations, illustrations, manufacturer's drawings or other written or graphic materials which illustrate any portion of the construction work.

  • Tenant Improvements Defined in Exhibit B, if any.

  • 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.

  • Construction Schedule means a construction schedule indicating the planned start and completion dates of the major activities of the Work as set out in Appendix [ ], a future Appendix;

  • Project Preparation Advance means the project preparation advance granted by the Association to the Borrower pursuant to an exchange of letters dated April 28, 1994 and May 21, 1994 between the Borrower and the Association;

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

  • Tenant Improvement Work means the construction of the Tenant Improvements, together with any related work (including demolition) that is necessary to construct the Tenant Improvements.

  • Punch List means the list of items, prepared in connection with the inspection of the Project by the Owner’s Representative or Architect in connection with Substantial Completion of the Work or a portion of the Work, which the Owner’s Representative or Architect has designated as remaining to be performed, completed or corrected before the Work will be accepted by the Owner.

  • Working Drawings means the final working drawings approved by Landlord, as amended from time to time by any approved changes thereto, and “Work” means all improvements to be constructed in accordance with and as indicated on the Working Drawings, together with any work required by governmental authorities to be made to other areas of the Building as a result of the improvements indicated by the Working Drawings. Landlord’s approval of the Working Drawings shall not be a representation or warranty of Landlord that such drawings are adequate for any use or comply with any Law, but shall merely be the consent of Landlord thereto. Tenant shall, at Landlord’s request, sign the Working Drawings to evidence its review and approval thereof. After the Working Drawings have been approved, Tenant shall cause the Work to be performed in accordance with the Working Drawings.

  • Construction Change Directive means a written order prepared by Owner Parties and signed by Owner directing Contractor to perform a change in the Work prior to agreeing to a change, if any, to the Contract Time, schedule of performance of the Work, Contract Sum, or Contractor’s compensation.