Construction Funding Agreement definition

Construction Funding Agreement means that certain Construction Funding Agreement dated as of the date hereof, between the Funding Lender and the Borrower, pursuant to which the Borrower Loan will be advanced by the Funding Lender (or the Servicer on its behalf), on behalf of the Governmental Lender, to the Fiscal Agent for disbursement to the Borrower and setting forth certain provisions relating to disbursement of the Borrower Loan during construction, insurance and other matters, as such agreement may be amended, modified, supplemented and replaced from time to time.
Construction Funding Agreement means that certain Construction Funding Agreement of even date herewith, between the Funding Lender, as agent for the Governmental Lender, and Borrower, pursuant to which the Borrower Loan will be advanced by the Funding Lender (or the Servicer on its behalf), as agent of the Governmental Lender, to the Fiscal Agent for disbursement to the Borrower and setting forth certain provisions relating to disbursement of the Borrower Loan during construction, insurance and other matters, as such agreement may be amended, modified, supplemented and replaced from time to time.
Construction Funding Agreement means that certain Construction Funding Agreement of even date herewith, between the Funding Lender and Borrower, pursuant to which the Borrower Loan will be advanced by the Fiscal Agent on behalf of the Governmental Lender, to the Borrower and setting forth certain provisions relating to disbursement of the Borrower Loan during construction, insurance and other matters, as such agreement may be amended, modified, supplemented and replaced from time to time.

Examples of Construction Funding Agreement in a sentence

  • The proceeds of the Funding Loan shall be advanced by the Funding Lender to the Fiscal Agent (pursuant to the wiring instructions on Exhibit E attached hereto) for deposit by the Fiscal Agent to the Project Fund for the account of the Governmental Lender as and when needed to make each advance in accordance with the disbursement provisions of the Borrower Loan Agreement and the Construction Funding Agreement.

  • Before any payment shall be made from the Note Proceeds Account of the Project Fund, the Regulatory Agreement shall have been executed and submitted to a title company for recordation in the official records of San Diego County and there shall be filed with the Fiscal Agent a Written Requisition of the Borrower substantially in the form attached hereto as Exhibit C and approved by the Funding Lender pursuant to the terms, conditions and provisions of the Construction Funding Agreement.


More Definitions of Construction Funding Agreement

Construction Funding Agreement means that certain Construction Funding Agreement dated as of February 1, 2015, between the Funding Lender, as agent for the Governmental Lender, and Borrower, pursuant to which the Borrower Loan will be advanced by the Funding Lender (or the Servicer on its behalf), as agent of the Governmental Lender, to the Borrower and setting forth certain provisions relating to disbursement of the Borrower Loan during rehabilitation, insurance and other matters, as such agreement may be amended, modified, supplemented and replaced from time to time.
Construction Funding Agreement means that Construction Funding Agreement, dated as of the date hereof, among the Trustee, the Borrower, the Servicer and the Bondholder Representative.
Construction Funding Agreement means that certain Construction Funding Agreement dated of February 1, 2022, between the Funding Lender, as agent, solely for the purpose of disbursing the Borrower Loans for the Governmental Lender and the Borrower, pursuant to which the Borrower Loans will be advanced by the Funding Lenders (or the Servicer on its behalf), as agent, solely for the purpose of disbursing the Borrower Loans for the Governmental Lender to the Fiscal Agent for disbursement to the Borrower and setting forth certain provisions relating to disbursement of the Borrower Loans during construction, insurance and other matters, as such agreement may be amended, modified, supplemented and replaced from time to time.
Construction Funding Agreement means that certain Construction Funding Agreement of even date herewith, between the Funding Lender and Borrower, setting forth certain provisions relating to disbursement of the Borrower Loan during construction, insurance and other matters, as such agreement may be amended, modified, supplemented and replaced from time to time.
Construction Funding Agreement means that certain Construction Funding Agreement dated as of [September] 1, 2014 by and between Borrower and Funding Lender.
Construction Funding Agreement has the meaning given to such term in the Funding Loan Agreement.
Construction Funding Agreement means that certain Construction Funding Agreement dated as of Navernber 1, 2017, between the Funding Lender, as agent for the G avernmental Lender, and B orrcwer, pursuant to which the B orravver Loan wi 11 be advanced by