Construction Escrow Agent definition

Construction Escrow Agent means the construction escrow agent retained in connection with the construction of the Black Hawk Casino, or any successor construction escrow agent appointed by the Trustee pursuant to the terms of the Cash Collateral and Disbursement Agreement.
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Construction Escrow Agent means the company selected jointly by Reorganized Stratosphere and Grand and approved by the Bankruptcy Court to act as the disbursing agent for all funds held in the Construction Escrow Account pursuant to the Construction Escrow Agreement.
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Construction Escrow Agent means First American Heritage Title Company.
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Examples of Construction Escrow Agent in a sentence

  • Tenant shall not enter any contracts for construction, architectural, engineering or other lienable work, the value of which could exceed $250,000, unless those contracts contain (i) a stipulated sum or guaranteed maximum price, (ii) consent by the contractor to direct payment of subcontractors by Construction Escrow Agent or from the Joint Escrow Account, as the case may be.

  • Tenant shall deliver to Landlord and Construction Escrow Agent or Administrator, as the case may be, copies of all contacts as they are let.

  • Subject to the terms and conditions hereof, Lender agrees to make the Loan to Borrower by wire transfer in immediately available funds to Borrower's Construction Escrow Agent (as hereinafter defined), or other third-party account as mutually agreed between Lender and Borrower.

  • Like subsidized loans, your school will determine the amount you can borrow.

  • The Construction Escrow Agent hereby waives any and all liens, encumbrances and claims, which it may have in any funds, including, without limitation, all rights of offset and deductions, whether statutory or otherwise afforded by law, agreement or otherwise set forth herein.

  • The Construction Escrow Agent shall be entitled to examine, copy and make extracts of the books, records, accounting data and other documents of the Company which are reasonably necessary or appropriate to permit it to perform its duties hereunder, including, without limitation, bills of sale, statements, receipts, contracts or agreements, which relate to any materials, fixtures or articles incorporated into the Project.

  • In addition, the Construction Escrow 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 Contracts) supporting the Disbursement Requests and any certificates in support of any of the foregoing.

  • To accurately transform these pulse heights into energies, we must ac- count for the pulse height defect (PHD).

  • Commencing upon execution and delivery hereof, the Construction Escrow Agent shall have the right, but shall have no obligation, to meet periodically at reasonable times upon reasonable advance notice with representatives of the Company, the Independent Construction Consultant and such other employees, consultants or agents as the Construction Escrow Agent shall reasonably request to be present for such meetings.

  • The Company, the Trustee and Hyatt Gaming hereby appoint the Construction Escrow Agent, and the Construction Escrow Agent hereby accepts appointment, as escrow agent hereunder upon the terms and conditions set forth in this Agreement.


More Definitions of Construction Escrow Agent

Construction Escrow Agent means First American Heritage Title Company in its capacity as construction Escrow Agent under the Cash Collateral and Disbursement Agreement, as approved (or as to which such right of approval is waived) by Lender, such approval or waiver of approval not to be unreasonably withheld or delayed, or any successor thereto appointed by Trustee and approved (or as to which such right of approval is waived) by Lender.
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Related to Construction Escrow Agent

  • The Escrow Agent s responsibilities as escrow agent hereunder shall terminate if the Escrow Agent shall resign by written notice to the Company and the Purchaser. In the event of any such resignation, the Purchaser and the Company shall appoint a successor Escrow Agent.

  • Deposit Escrow Agreement has the meaning set forth in Section 2.2.

  • Construction Fund means an account specifically identified in the Indenture to hold funds which are currently available for expenditure to acquire or construct public facilities eligible under the Act.

  • Escrow Account The Eligible Account or Accounts established and maintained pursuant to Section 3.09(b).

  • Construction Agent means the Lessee in its capacity as construction agent pursuant to the Construction Agency Agreement.

  • Adjustment Escrow Account means the escrow account established by the Escrow Agent pursuant to the Escrow Agreement for purposes of holding the Adjustment Escrow Amount and any interest or earnings accrued thereon or in respect thereof.

  • Professional Fee Escrow Account means an interest-bearing account funded by the Debtors with Cash on the Effective Date in an amount equal to the Professional Fee Amount.

  • Escrow Agent means the entity designated to serve as escrow agent under the Escrow Agreement.

  • Escrow Deposit has the meaning set forth in Section 2.1.

  • Indemnity Escrow Account means the escrow account established by the Escrow Agent pursuant to the terms of the Escrow Agreement for purposes of holding the Indemnity Escrow Amount.

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

  • Construction-manager-at-risk means a project delivery method in which:

  • Construction Account means the account by that name established in the FGR Subordinated Indebtedness Fund pursuant to the Second Resolution.

  • Construction Work means any work in connection with⎯

  • Indemnity Escrow Agreement means the Indemnity Escrow Agreement substantially in the form attached hereto as Exhibit B, among the Sellers, the Buyers and the Escrow Agent.

  • Closing Escrow Agreement means the Closing Escrow Agreement, dated as of the date hereof, between the Placement Agent, the Company and the Escrow Agent pursuant to which the Investors shall deposit their Investment Amounts with the Escrow Agent to be applied to the transactions contemplated hereunder, in the form of Exhibit B hereto.

  • Construction Manager means a competent person responsible for the management of the physical construction processes and the coordination, administration and management of resources on a construction site;

  • Escrow Holder means the bank or trust company designated as such pursuant to Section 9 hereof.

  • Escrow Property means the Escrow Funds and the Certificates delivered to the Escrow Agent as contemplated by Section 1(c) hereof.

  • Required Repair Fund shall have the meaning set forth in Section 7.1.1 hereof.

  • Required Repair Account shall have the meaning set forth in Section 7.1.1 hereof.

  • 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.

  • 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.

  • Professional Fee Escrow means a non-interest-bearing escrow account established and funded pursuant to Article II.C.3.

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

  • Professional Fee Escrow Amount means the aggregate amount of Professional Fee Claims and other unpaid fees and expenses Professionals estimate they have incurred or will incur in rendering services to the Debtors prior to and as of the Confirmation Date, which estimates Professionals shall deliver to the Debtors as set forth in Article II.C hereof.