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.
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.
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.

Examples of Construction Investments in a sentence

  • 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.

  • 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.

  • 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.

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

  • For the purpose of this Section of the Annual Return, any reference to “firm” is to be taken as referring also to “sole practitioner”.

  • EDA will continue the information collections required pursuant to 13 CFR Part 305 and federal law under OMB Control No. 0610–0096 with a change in its title from ‘‘Requirements for Approved Construction Investments (9th Ed.)’’ to ‘‘Construction Investments’’ to avoid confusion with the to-be-discontinued publication.

  • Jail Construction Investments 2006 – accounts for investments created using excess monies from the Limited Purpose Sales Tax 2006 fund.

  • As at the date hereof, the controlling Shareholders of the Company, Sino Xin Yuan Construction Investments Pte Ltd and Dealson Limited, are the legal and beneficial owners of 828,883,413 Shares and 305,000,000 Shares respectively, representing approximately 62.95% and 23.16% of the existing issued and paid up share capital of the Company.

  • Additional EDA Assurances for Construction or Non- Construction Investments).

  • In some cases, these involve reporting or record keeping requirements.EDA intends to discontinue theRequirements for Approved Construction Investments (RFACI) publication currently associated with this OMB Control No. 0610–0096.


More Definitions of Construction Investments

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.
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.
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.
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.
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
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.

Related to Construction Investments

  • Construction-in-Process means cash expenditures for land and improvements (including indirect costs internally allocated and development costs) determined in accordance with GAAP for all Properties that are under development or will commence development within twelve months from any date of determination.

  • 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

  • Construction Debt means debt incurred to fund (a) all or a portion of a Capital Improvement, (b) interest payments (including periodic net payments under related interest rate swap agreements) and related fees on other Construction Debt or (c) distributions (including incremental Incentive Distributions) on Construction Equity.

  • Construction industry means the work activity designated in sector group 23 - construction of the North American classification system - United States Office of Management and Budget, 1997 edition.

  • 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.

  • Investment Capital Expenditures means capital expenditures other than Maintenance Capital Expenditures and Expansion Capital Expenditures.

  • 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.

  • Capital Improvements mean the purchase, renovation, rehabilitation, or construction of permanent land, buildings, structures, equipment and furnishings used directly for or in the Project, and any goods or services for the Project that are purchased and capitalized under GAAP, including any organizational costs and research and development costs incurred in Illinois. Capitalized lease costs for land, buildings, structures or equipment shall be included in “Capital Improvements” only if the lease term, including any extensions or options to extend, equals or exceeds the term of this Agreement, and provided that such lease costs are valued at their present value using the corporate interest rate prevailing at the time the Company filed its Application with the Department.

  • Construction Zone shall have the meaning set forth in Clause 8.3 (i);

  • Capitalized Expenditures means those expenditures that (i) would be capitalized under generally accepted accounting principles, and (ii) are incurred with respect to Shared-Loss Loans, Other Real Estate, Additional ORE or Subsidiary ORE. Capitalized Expenditures shall not include expenses related to environmental conditions including, but not limited to, remediation, storage or disposal of any hazardous or toxic substances or any pollutant or contaminant.

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

  • Non-Investment Personnel means any Employee that does not meet the definition of Investment Personnel as listed above.

  • Expansion Capital Expenditures means cash expenditures for Acquisitions or Capital Improvements. Expansion Capital Expenditures shall include interest (including periodic net payments under related interest rate swap agreements) and related fees paid during the Construction Period on Construction Debt. Where cash expenditures are made in part for Expansion Capital Expenditures and in part for other purposes, the General Partner shall determine the allocation between the amounts paid for each.

  • Contribution in aid of construction, as used in this subrule, means a nonrefundable cash payment grossed-up for the income tax effect of such revenue covering the costs of a distribution main extension or service line that are in excess of costs paid by the utility. The amount of tax shall be reduced by the present value of the tax benefits to be obtained by depreciating the property in determining the tax liability.

  • Construction Cost means and includes the cost of the entire construction of the Project, including all supervision, materials, supplies, labor, tools, equipment, transportation and/or other facilities furnished, used or consumed, without deduction on account of penalties, liquidated damages or other amounts withheld from payment to the contractor or contractors, but such cost shall not include the Consulting Engineer/Architect's fee, or other payments to the Consulting Engineer/Architect and shall not include cost of land or Rights-of-Way and Easement acquisition.

  • Erection, construction, remodeling, repairing means all types of work done on a particular building or work at the site thereof in the construction or development of the project, including without limitation, erecting, construction, remodeling, repairing, altering, painting, and decorating, the transporting of materials and supplies to or from the building or work done by the employees of the Contractor, Subcontractor, or Agent thereof, and the manufacturing or furnishing of

  • Construction Works means all works and things necessary to complete the Project in accordance with this Agreement;

  • Construction Plans means plans, drawings, specifications and related documents, and construction schedules for the construction of the Project, together with all supplements, amendments or corrections, submitted by the Developer and approved by the City in accordance with this Agreement.

  • Investment Vehicles means any investment company or pooled investment fund, including, but not limited to, mutual fund families, exchange-traded funds, fund of funds and hedge funds, in which a Defendant has or may have a direct or indirect interest, or as to which its affiliates may act as an investment advisor, but of which a Defendant or its respective affiliates is not a majority owner or does not hold a majority beneficial interest.

  • Equity Investments shall have the meaning provided in the preamble to this Agreement.

  • Renovation means altering a facility or one or more facility components in any way, including the stripping or removal of RACM from a facility component. Operations in which load-supporting structural members are wrecked or taken out are demolitions.

  • Prior Period Investments means investments made in a previous evaluation period that are outstanding as of the examination date.

  • Capital Equipment means machinery and equipment purchased or leased, and used in this state by the purchaser or lessee primarily for manufacturing, fabricating, mining, or refining tangible personal property to be sold ultimately at retail if the machinery and equipment are essential to the integrated production process of manufacturing, fabricating, mining, or refining. Capital equipment also includes machinery and equipment used primarily to electronically transmit results retrieved by a customer of an online computerized data retrieval system.

  • PIPE Investment has the meaning specified in the Recitals hereto.