Construction Escrow Agreement definition

Construction Escrow Agreement as used in this Agreement shall mean the agreement established among the Title Company, the Bank, the Construction Manager, and Borrower for the disbursement of advances of Bond proceeds and administration of the Bonds. The establishment of the Construction Escrow Agreement may be a condition precedent to the initial advance of Bond proceeds.
Construction Escrow Agreement means that certain Construction Escrow Agreement dated as of the date hereof among the Grantor, the Beneficiary, Xxxxx Fargo Trust Company, National Association, in its capacity as Construction Escrow Agent and the Construction Monitor.
Construction Escrow Agreement means the escrow agreement to be entered into no later than the Effective Date by Reorganized Stratosphere, Grand, the Indenture Trustee and the Construction Escrow Agent, which agreement shall set forth the terms upon which, and the manner in which, funds shall be disbursed from the Construction Escrow Account to fund completion of Phase II. The Construction Escrow Agreement shall be substantially in the form filed with the Bankruptcy Court as part of the Plan Supplement.

Examples of Construction Escrow Agreement in a sentence

  • The Owner, the chosen contractor and the CAA will enter into a Construction Escrow Agreement.

  • Contractor and Applicant agree to comply with the terms of a Construction Escrow Agreement between the Escrow Agent, the Contractor and Applicant of near or even date herewith.

  • Contractor shall be compensated for services in accordance with said Construction Escrow Agreement.

  • Contractor and Owner agree to comply with the terms of a Construction Escrow Agreement among the Escrow Agent, the Contractor and Owner.If owner does not receive financing to cover the cost of the Contractor’s bid, this Contract is null and void.

  • CAA will hold the Grant Funds in an escrow on behalf of Grantee and make payments to the contractor in accordance with the Construction Escrow Agreement.

  • CAA will hold the Grant Funds in an escrow on behalf of the Applicant and make payments to the contractor in accordance with the Construction Escrow Agreement.

  • The Applicant, contractor and CAA will sign the required documents, as appropriate, including the Construction Contract, Final Job Specifications, and Construction Escrow Agreement.

  • Total Project Funds in the amount of $ 0.00 will be held in by the CAA in accordance with the Construction Escrow Agreement for the above referenced Property.

  • CAA will hold the Grant Funds in an escrow on behalf of Grantee and make payments to the contrainctor accordance with the Construction Escrow Agreement.

  • The Applicant and the Contractor agree to use the dispute resolution process set forth in the Construction Escrow Agreement.


More Definitions of Construction Escrow Agreement

Construction Escrow Agreement. The Construction Escrow Agreement described in Section 5.1(p).
Construction Escrow Agreement has the meaning given in Section 9.1. “Construction Escrow” has the meaning given in Section 9.1. “Contribution Deadline” has the meaning given in Section 9.1.A. “Conveyance Documents” has the meaning given in Section 4.3.

Related to Construction Escrow Agreement

  • Escrow Agreement means the escrow agreement entered into, by and among the Company, the Escrow Agent and the Placement Agent pursuant to which the Purchasers shall deposit Subscription Amounts with the Escrow Agent to be applied to the transactions contemplated hereunder.

  • Construction Agreement as used in this subsection means an agreement between Seller and any contractor or subcontractor to install the System;

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

  • Construction and demolition debris means and includes:

  • 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.