Construction Investments definition

Construction Investments means financing extended by the Borrower or any of its Subsidiaries with respect to a Health Care Facility that is under construction i.e., has not received a certificate of occupancy and the Borrower conditions for conversion to permanent financing for the Health Care Facility have not been satisfied.
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Construction Investments financing extended by HCRI with respect to a Facility which is under construction i.e., has not received a certificate of occupancy and the Borrower(s) conditions for conversion to permanent financing for the Facility have not been satisfied.
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Construction Investments means financing extended by the Company or a Subsidiary of the Company with respect to a Facility which is either under construction (i.e., has not received a certificate of occupancy) or in development (i.e., has received a certificate of occupancy or operating license within the preceding eighteen (18) months); provided, however, that a Facility will not be considered to be in development if at least three (3) calendar months have lapsed since the date on which the Facility received a certificate of occupancy and (i) such Facility has a Fixed Charge Coverage of at least 1.10 to 1.0 or (ii), in the case of a Facility which is a Pooled Facility, the Pooled Facilities' Fixed Charge Coverage is at least 1.2 to 1.0 and the Pooled Facility's Fixed Charge Coverage is at least 0.8 to 1.0 or (iii) in the case of a Facility which is a Pooled Guaranteed Facility, the Pooled Guaranteed Facilities' Fixed Charge Coverage is at least 1.0 to 1.0 and the Pooled Guaranteed Facility's Fixed Charge Coverage is at least 0.8 to 1.0.
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Examples of Construction Investments in a sentence

  • Refer to section 7 for more details.Asset durationTarget weighted average tenor of assets of the fund is 3 years.Portfolio Construction> Investments reflecting Australia’s corporate loan market, diversified by borrower, industry, credit quality and debt product.> >90% senior ranking and >80% Australian domiciled borrowers.Leverage> Up to 30% of gross asset value (GAV).DistributionsNet income distributed to investors on a monthly basis.

  • It is flanked by the Saurashtra-Kutch uplift on the west and rock exposures of the Aravalli-Delhi system and Deccan Plateau basalt on the east.

  • See also Spain’s ar- guments, for example in Charanne and Construction Investments v.

  • The Company and its Subsidiaries shall not permit the Construction Investments of the Company and its Subsidiaries to exceed twenty-five percent (25%) of Gross Real Estate Investments.

  • One Form ED-900A (Additional EDA Assurances for Construction or Non— Construction Investments) from each co-applicant, as applicable.7. One Form ED-900F (Supplement for Revolving Loan Fund Applications).8.

  • AGRICULTURE The project would not be located on or adjacent to farmland or land associated with a Williamson Act contract; therefore, the project would not convert farmland to non-agricultural use nor would it conflict with zoning for agricultural use or a Williamson Act contract.

  • The issue was not considered by the Charanne B.V. and Construction Investments S.A.R.L. v.

  • On 28 January 2016, the Respondent filed an application seeking leave from the Tribunal to submit new documents to the record, namely: an additional legal authority ( CharanneB.V. & Construction Investments S.A.R.L. v.

  • Rej., § III(A).193 RL-084, Charanne B.V. and Construction Investments S.A.R.L. v.

  • As at the date of this announcement, the Seller is indirectly interested in 361,150,000 Shares of the Company, which are directly held by its wholly-owned subsidiary, CR Construction Investments Limited, representing approximately 72.23% of the total issued share capital of the Company.


More Definitions of Construction Investments

Construction Investments means financing extended by HCN with respect to a Project which is under construction, has not received a certificate of occupancy and the Borrower(s) conditions for conversion to permanent financing for the Project have not been satisfied.
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Construction Investments financing extended by Omega with respect to a Facility which is either under construction (i.e., has not received a certificate of occupancy) or in development (i.e., has received a certificate of occupancy or operating license within the preceding eighteen (18) months); provided, however, that a Facility will not be considered to be in development if at least three (3) calendar months have elapsed since the date on which the Facility received a certificate of occupancy and such Facility has a Fixed Charge Coverage of at least 1.10:1.00, with the Fixed Charge Coverage Ratio computed by reference to the most recent three (3) calendar month period.
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Construction Investments means any financing extended by the Company or any Subsidiary of the Company with respect to a Facility which is under construction, i.e., has not received a certificate of occupancy and the Company's or such Subsidiary's conditions for conversion to permanent financing for the Facility have not been satisfied.
Sample 1Sample 2
Construction Investments means financing extended by the Company or a Subsidiary of the Company with respect to a Facility which is either under construction (i.e., has not received a certificate of occupancy) or in development (i.e., has received a certificate of occupancy or operating license within the preceding eighteen (18) months); provided, however, that a Facility will not be considered to be in development if at least three (3) calendar months have lapsed since the date on which the Facility received a certificate of occupancy and (i) such Facility has a Fixed Charge Coverage of at least 1.10 to 1.0 or (ii), in the case of a Facility which is a
Sample 1
Construction Investments financing extended by Omega with respect to a Facility which is either under construction (i.e., has not received a certificate of occupancy) or in development (i.e., has received a certificate of occupancy or operating license within the preceding eighteen (18) months); provided, however, that a Facility will not be considered to be in development if at least three (3) calendar months have elapsed since the date on which the Facility received a certificate of occupancy and such Facility has a Fixed Charge Coverage of at least 1.10:1.00.
Sample 1
Construction Investments means financing extended by the Company or a Subsidiary of the Company with respect to a Facility which is either under construction (i.e., has not received a certificate of occupancy) or in development (i.e., has received a certificate of occupancy or operating license within the preceding eighteen (18) months); PROVIDED, HOWEVER, that a Facility will not be considered to be in development if at least three (3) calendar months have lapsed since the date on which the Facility received a certificate of occupancy and (i) such Facility has a Fixed Charge Coverage of at least 1.10 to 1.0 or (ii), in the case of a Facility which is a Pooled Facility, the Pooled Facilities' Fixed Charge Coverage is at least 1.2 to 1.0 or the Pooled Facility's Fixed Charge Coverage is at least 0.8 to 1.0 or (iii) in the case of a Facility which is a Pooled Guaranteed Facility, the Pooled Guaranteed Facilities' Fixed Charge Coverage is at least 1.0 to 1.0 and the Pooled Guaranteed Facility's Fixed Charge Coverage is at least 0.8 to 1.0.
Sample 1

Related to Construction Investments

  • Construction in Progress means each Property that is either (a) new ground up construction or (b) under renovation in which (i) greater than thirty percent (30%) of the square footage of such Property is unavailable for occupancy due to renovation and (ii) no rents are being paid on such square footage. A Property will cease to be classified as “Construction in Progress” on the earlier to occur of (A) the time that such Property has an Occupancy Rate of greater than eighty percent (80%), or (B) one hundred eighty (180) days after completion of construction or renovation of such Property, as applicable.

  • Investment Project means an investment in qualified buildings

  • Mezzanine Investments means debt Securities (including convertible debt Securities (other than the “in-the-money” equity component thereof)) and Preferred Stock in each case (a) issued by public or private issuers, (b) issued without registration under the Securities Act, (c) not issued pursuant to Rule 144A under the Securities Act (or any successor provision thereunder), (d) that are not Cash Equivalents and (e) contractually subordinated in right of payment to other debt of the same issuer.

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

  • Authorized Investments means: any investment which may be authorized by the Commission but does not include restricted investments as specified in the Offering Documents from time to time.